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☆ New York AG refuses Trump's demand to drop business fraud case
▼ + stars: | 2024-12-10 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +3 min

Shannon Stapleton | ReutersThe New York Attorney General's Office on Tuesday rejected a demand from Donald Trump's lawyer to drop the massive civil business fraud case that has put the president-elect on the hook for more than $480 million in fines. But there is "no merit" to that claim, Vale wrote Tuesday. And Trump's upcoming inauguration, she wrote, "has no bearing" on the outcome of the trial or his ongoing efforts to challenge the judgment. The decision by special counsel Jack Smith to dismiss his two federal cases against Trump, and the move to indefinitely delay Trump's criminal hush money case, "are irrelevant here," Vale wrote. New York Attorney General Letitia James sits in the courtroom during the civil fraud trial of former President Donald Trump and his children at New York State Supreme Court on November 03, 2023 in New York City.

Persons: Donald Trump, Letitia James, Shannon Stapleton, Donald Trump's, Judith Vale, Trump, John Sauer, Sauer, Vale, Kamala Harris, Jack Smith, James, Arthur Engoron, David Sanders Organizations: U.S, Trump Organization, New York, Supreme, Fox News, Trump, Manhattan, NY, Court, Getty Locations: Manhattan, New York City, U.S, , New York County

☆ Trump got special treatment from NYC probation, and defense lawyers are crying foul
▼ + stars: | 2024-06-11 | by ( Laura Italiano | ) www.businessinsider.com time to read: +4 min

In New York, probation officers talk to the defendant and the prosecutor in separate pre-sentencing interviews in preparation for what's known as a pre-sentencing report. AdvertisementTrump is not getting preferential treatment by being allowed to do his interview via video and with his lawyer, a city spokeswoman told Business Insider. It is true that defendants who are locked up while awaiting sentencing typically do pre-sentencing interviews via video, defense lawyers told Business Insider. But defendants like Trump, who are at liberty, are almost always required to appear alone and in person for their probation interviews, lawyers told BI. "I've never been present at a probation interview," said veteran Legal Aid attorney Sam Roberts.

Persons: —, Donald Trump, Todd Blanche, Trump, it's, Ivette Davila, Richards, it's President Trump, Justice Manhattan Juan Merchan, Blanche, I've, Sam Roberts, he's, Thomas Eddy, there's, Eddy, Blanche wasn't Organizations: Service, of, Business, Associated Press, Legal Aid Society, The Bronx Defenders, Defender Services, Neighborhood, Service of Harlem, it's, New, Justice Manhattan Locations: New York City, Mar, New York, Manhattan, York City, Rochester , New York

☆ Judge narrows lawsuit over 'South Park' streaming rights
▼ + stars: | 2023-11-14 | by ( Jonathan Stempel | Companies Need To Integrate Climate Reporting Across Functions To Comply With California S New Law | Henry Engler | ) www.reuters.com time to read: +2 min

REUTERS/Alyssa Pointer/File Photo Acquire Licensing RightsNEW YORK, Nov 14 (Reuters) - A New York trial judge has narrowed Warner Bros Discovery's lawsuit against Paramount Global (PARA.O) over the rights to stream "South Park," the animated comedy featuring foul-mouthed children. She also dismissed a claim that Paramount failed to act in good faith, because that claim duplicated Warner's breach of contract claim. Warner sued in February, saying Paramount breached the agreement by providing only 14 new episodes, and diverted other new "South Park" content to its Paramount+ streaming service under a $900 million agreement with Parker and Stone. "South Park" was launched in August 1997 on Comedy Central, owned by Paramount. The case is WarnerMedia Direct LLC v Paramount Global et al, New York State Supreme Court, New York County, No.

Persons: Alyssa Pointer, Margaret Chan, Trey Parker, Matt Stone, HBO Max, Warner, Parker, Stone, countersued Warner, Jonathan Stempel, Franklin Paul Organizations: Warner Bros . Discovery Atlanta, REUTERS, Warner Bros, Paramount Global, Paramount, HBO, Comedy Central, New York, Court, Franklin Paul Our, Thomson Locations: Atlanta , Georgia, U.S, York, Manhattan, New, Court , New York County, New York

☆ Exonerated Deutsche Bank trader can pursue $150 mln lawsuit -US judge
▼ + stars: | 2023-10-31 | by ( Jonathan Stempel | Companies Need To Integrate Climate Reporting Across Functions To Comply With California S New Law | Henry Engler | ) www.reuters.com time to read: +2 min

Companies Deutsche Bank AG FollowNEW YORK, Oct 31 (Reuters) - A former Deutsche Bank trader whose conviction in New York for rigging a key interest rate benchmark was overturned can pursue a $150 million lawsuit accusing the German lender of malicious prosecution for making him a scapegoat. Deutsche Bank has until Nov. 14 to formally address claims in Connolly's lawsuit. Libor probes led to about $9 billion of fines worldwide for banks, including $2.5 billion for Deutsche Bank in 2015. Black is also suing Deutsche Bank for malicious prosecution, seeking $30 million in a lawsuit filed in a New York state court in Manhattan. Black's case is Black v Deutsche Bank AG et al, New York State Supreme Court, New York County, No.

Persons: Jesse Furman, Matthew Connolly's, Connolly, Gavin Black, London interbank, Jonathan Stempel, Jonathan Oatis Organizations: Deutsche Bank, Deutsche, London, Deutsche Bank AG, Court, Southern District of, New York, Thomson Locations: New York, U.S, Manhattan, Connolly's, London, Southern District, Southern District of New York, New, Court , New York County

The logo for Morgan Stanley is seen on the trading floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S., August 3, 2021. The plaintiffs said Morgan Stanley convinced them to invest about $281 million, but hid details of a Brightline preferred share transaction that should have required the loan be prepaid at a "make-whole" amount they estimated at $750 million. Morgan Stanley was also accused of having swapped out one document with the signature of a Certares affiliate, to make it seem like the affiliate had read and agreed to the preferred share transaction. In a statement, Morgan Stanley said "the firm does not believe the claims have merit and will defend itself vigorously." The case is CK Opportunities Fund I LP et al v Morgan Stanley Senior Funding Inc et al, New York State Supreme Court, New York County.

Persons: Morgan Stanley, Andrew Kelly, Morgan, Brightline, Tatiana Bautzer, Jonathan Stempel, Rosalba O'Brien Organizations: New York Stock Exchange, REUTERS, Certares Management, Knighthead Capital Management, Brightline Holdings, Fortress Investment Group, Las, New York, Court, Thomson Locations: Manhattan , New York City, U.S, New York, Manhattan, Florida, Los Angeles, Las Vegas, Brightline, New, Court , New York County

☆ New York says Trump inflated net worth by up to $3.6 billion; Trump seeks dismissal
▼ + stars: | 2023-09-08 | by ( Jonathan Stempel | ) www.reuters.com time to read: +3 min

Former U.S. President Donald Trump departs from Trump Tower to give a deposition to New York Attorney General Letitia James who sued Trump and his Trump Organization, in New York City, U.S., April 13, 2023. In a filing with a New York state court in Manhattan, Attorney General Letitia James said her valuation and accounting experts believe Trump falsely boosted his net worth by between $1.9 billion and $3.6 billion a year over a decade. The attorney general wants a $250 million fine, and to bar Trump and his sons Donald Trump Jr. and Eric Trump from leading their family business, the New York City-based Trump Organization. Citing her experts, James said Trump may have inflated his net worth by $3.5 billion to $3.6 billion every year from 2014 to 2019, the last three while Trump was in the White House. The New York civil case is New York v Trump et al, New York State Supreme Court, New York County, No.

Persons: Donald Trump, Letitia James, Trump, Mike Segar, James, Donald Trump Jr, Eric Trump, Arthur Engoron, Democrat Joe Biden, Engoron, Jonathan Stempel Organizations: U.S, Trump Tower, New York, Trump Organization, REUTERS, Trump, New, Lawyers, libeled, Democrat, TRUMP, Court, Thomson Locations: New, New York City, U.S, New York, Manhattan, Lago, Florida, midtown Manhattan, Court , New York County

☆ New York says Trump should be found liable for fraud, even before a trial
▼ + stars: | 2023-08-30 | by ( Jonathan Stempel | ) www.reuters.com time to read: +4 min

$250 MILLION SOUGHTJames filed her lawsuit last September, accusing Trump of lying about property values, including for his Mar-a-Lago estate in Florida and Trump Tower penthouse apartment in Manhattan, and his own net worth. The attorney general is seeking at least $250 million from Trump, his adult sons Donald Jr. and Eric, the Trump Organization and others, and to stop the Trumps from running businesses in New York. A trial before state Supreme Court Justice Arthur Engoron is scheduled for Oct. 2. The New York civil case is New York v Trump et al, New York State Supreme Court, New York County, No. Reporting by Jonathan Stempel in New York; editing by Jonathan Oatis and Leslie AdlerOur Standards: The Thomson Reuters Trust Principles.

Persons: Donald Trump, Evelyn Hockstein, Letitia James, Trump, James, Donald Jr, Eric, Arthur Engoron, Jonathan Stempel, Jonathan Oatis, Leslie Adler Organizations: Fair, REUTERS, Wednesday, state's, Trump, Trump Organization, Republican, Democratic, New, New York, Court, Thomson Locations: Iowa, Des Moines , Iowa, U.S, Manhattan, Lago, Florida, New York, New, Court , New York County

Alex Mashinsky, founder and former CEO of bankrupt cryptocurrency lender Celsius Network, exits the Manhattan federal court in New York City, U.S., July 25, 2023. REUTERS/Brendan McDermid/File PhotoNEW YORK, Aug 4 (Reuters) - Alex Mashinsky, the founder and former chief of the now-bankrupt cryptocurrency lender Celsius Network, must face a lawsuit by New York Attorney General Letitia James accusing him of civil fraud, a Manhattan state court judge ruled on Friday. Mashinsky has separately pleaded not guilty to criminal fraud charges brought by the U.S. Department of Justice tied to Celsius' demise. Lawyers for Mashinsky in the New York civil case did not immediately respond to requests for comment. The case is New York v. Mashinsky, New York State Supreme Court, New York County, No.

Persons: Alex Mashinsky, Brendan McDermid, Letitia James, Margaret Chan, Chan, James, Martin, general's, Mashinsky's, Mashinsky, Jonathan Stempel, Will Dunham, Cynthia Osterman Organizations: REUTERS, New York, U.S . Department of Justice, U.S . Securities, Exchange Commission, U.S . Commodity Futures Trading Commission, . Federal Trade Commission, Lawyers, Mashinsky, Mashinsky , New York, Court, Thomson Locations: Manhattan, New York City, U.S, New York, Hoboken , New Jersey, Mashinsky , New, Court , New York County

Joele Frank said Twitter owes $830,498, comprising six unpaid invoices, plus costs for a subpoena in Twitter's lawsuit to force Musk to complete the buyout after he tried to back out. Joele Frank began working for Twitter in January 2015, according to its complaint in a New York state court in Manhattan. Many landlords, vendors and consultants have sued Twitter over unpaid bills that Musk inherited when he bought the company, before he implemented deep cost cuts. Musk has said Twitter could generate positive cash flow as soon as this quarter, despite a decline in advertising revenue. The case is JF Associates LLC v X Corp, New York State Supreme Court, New York County.

NEW YORK, May 15 (Reuters) - A former associate of Rudy Giuliani is suing him for sexual assault and other wrongdoing, accusing Donald Trump's former personal lawyer of hiring her to fulfill his desire for a sexual relationship. Through this case, Ms. Dunphy seeks a measure of justice from a man who thought his power and connections rendered him untouchable." The lawsuit seeks at least $10 million in damages from Giuliani and three of his namesake companies. Dunphy had filed a related "summons with notice" against Giuliani in January, seeking $3.1 million. The case is Dunphy v Giuliani et al, New York State Supreme Court, New York County, No.

☆ Trump attorneys will seek to move criminal hush money case to federal court
▼ + stars: | 2023-05-04 | by ( Summer Concepcion | Chloe Atkins | ) www.cnbc.com time to read: +5 min

Former President Donald Trump is seeking to move his criminal case from New York state court to federal court, his attorneys said during a hearing on Thursday. Trump's lawyers will seek the venue change sometime later Thursday, attorney Todd Blanche said towards the end of the hearing. During the hearing, attorneys for the Manhattan district attorney's office and Trump reiterated previous arguments regarding the proposed protective order. Trump's attorneys slammed the proposed protective order as "extremely restrictive" and argued that it infringes on their client's right to free speech. NBC News and other outlets oppose the prosecutor's proposed protective order to limit the public use of evidence ahead of trial, which includes potentially requiring the sealing or redaction of certain items.

[1/3] Theranos founder Elizabeth Holmes arrives to attend her fraud trial at federal court in San Jose, California, U.S., December 16, 2021. REUTERS/Peter DaSilva/File PhotoNEW YORK, March 23 (Reuters) - A key prosecution witness whose testimony helped convict Theranos founder Elizabeth Holmes of fraud sued Walt Disney Co (DIS.N) on Thursday over a recent Hulu miniseries that he says defamed him by portraying him as corrupt. Rosendorff said the character, Mark Roessler, covered up Theranos' fraud by ordering the destruction of damaging lab results, falsifying records and engaging in other dishonest and unethical conduct. "At the time of the trial, (Rosendorff) was considered a heroic whistle-blower, a witness who was instrumental in the jury’s verdict convicting Holmes," the filing said. The case is Rosendorff v Hulu LLC et al, New York State Supreme Court, New York County, No.

☆ Lehman Brothers' European unit loses bid to recoup $485 mln from bond insurer
▼ + stars: | 2023-03-09 | by ( Jonathan Stempel | ) www.reuters.com time to read: +2 min

NEW YORK, March 9 (Reuters) - A New York judge rejected a bid by the former Lehman Brothers' bankrupt European unit to claw back $485 million from bond insurer Assured Guaranty Ltd (AGO.N) over transactions that were canceled amid the global financial crisis. In a decision on Wednesday, Justice Melissa Crane of a New York state court in Manhattan said Assured's AG Financial Products unit instead deserved to recover about $20 million from Lehman Brothers International (Europe). "Meanwhile, Assured's valuation was reasonable and calculated in good faith." The Sept. 15, 2008 bankruptcy of Lehman Brothers Holdings Inc - once Wall Street's fourth-largest investment bank - was one of the major triggers of that year's financial crisis. The case is Lehman Brothers International (Europe) v. AG Financial Products Inc, New York State Supreme Court, New York County, No.

☆ Michael Cohen and the Manhattan DA's Trump probe: It's complicated.
▼ + stars: | 2023-02-25 | by ( Laura Italiano | ) www.businessinsider.com time to read: +11 min

There are no security guards or obscuring metal gates when Cohen arrives for his weekly Trump probe sit-downs — just a dozen or so news cameras. "No," Cohen told The Daily Beast last April. By Bragg's sixth week on the job, the new DA, who'd never even met Cohen, told Pomerantz he "could not see a world" in which Cohen could be called as a DA witness. "Alvin Bragg is operating at Alvin Bragg's pace," Cohen told MSNBC on another appearance, after that 16th meeting. "The district attorney, and the team, I find them to be incredibly, incredibly competent and decent people," Cohen told Insider.

A former New York weatherman who alleged in September that he was fired after someone sent nude webcam photos of him to his employer is speaking out against online “predators” following months of silence. After he learned the photos were taken, Adame asked Unit 4 Media for more information about the user who shared them. It is also unclear if the “pictures and videos” Adame refers to in his latest Instagram post are the same images referred to in the petition or additional images. Toward the end of his latest video, Adame shared a message with his followers. Adame told NBC News that he still hasn’t found work since his departure from NY1.

NEW YORK, Nov 15 (Reuters) - Donald Trump defeated his niece Mary Trump in a lawsuit where she accused the former U.S. president and two of his siblings of defrauding her out of a multimillion-dollar inheritance. Mary Trump's case had its roots in the 1981 death of her father Fred Trump Jr., Donald Trump's older brother, who left Mary, then 16, a profitable real estate portfolio. Now a 57-year-old psychologist, Mary Trump claimed that her uncles Donald and Robert Trump and aunt Maryanne Trump Barry were supposed to protect her interests but instead "squeezed" her out of tens of millions of dollars. The cases are Mary L. Trump v Donald J. Trump et al, New York State Supreme Court, New York County, No. 654698/2020, and Donald J. Trump v Mary L. Trump et al in the same court, No.

☆ Trump's company: We don't need a monitor
▼ + stars: | 2022-10-27 | by ( Jonathan Stempel | ) www.reuters.com time to read: +3 min

REUTERS/David 'Dee' Delgado/File PhotoNEW YORK, Oct 27 (Reuters) - Donald Trump's namesake company urged a New York judge to reject a demand by the state's attorney general to appoint a monitor to oversee its financial practices, after she accused it of "staggering" fraud. "What the (attorney general) really seeks is a vague order justifying her assertion of control via a 'monitor' of the business affairs of her political adversary," wrote Alina Habba, a lawyer for the company and Trump. The attorney general has said a monitor would help serve "the substantial public interest in curbing fraudulent and lawful conduct." While the case does not involve criminal charges, James said Trump repeatedly violated several state criminal laws and may have violated federal criminal law. The case is New York v Trump et al, New York State Supreme Court, New York County, No.

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