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March 1 (Reuters) - Closing arguments are set to start on Wednesday in the trial of Richard "Alex" Murdaugh, the now-disbarred South Carolina lawyer charged with gunning down his wife and son in a complex and grisly case that has garnered international attention. Newman said he expected the jury would be back in court for closing arguments around 11 a.m. Murdaugh, who has said he had nothing to do with the murders, faces 30 years to life in prison if he is found guilty. In addition to the murders, Murdaugh has been charged with dozens of financial crimes, including an alleged scheme to have himself killed so that his older son, Buster, could collect a $10 million insurance payout. During the trial, Murdaugh admitted to stealing from clients and his law firm.

NEW YORK, Feb 28 (Reuters) - Ghislaine Maxwell asked a U.S. appeals court to throw out her conviction for helping the financier Jeffrey Epstein sexually abuse teenage girls, saying she was immune from prosecution and citing a slew of errors that allegedly tainted her trial. Circuit Court of Appeals in Manhattan, Maxwell said that if her conviction and the underlying indictment were not thrown out, she deserved a new trial or a resentencing. Maxwell, 61, is serving a 20-year prison sentence after a Manhattan jury convicted her in December 2021 on five charges for recruiting and grooming four girls for abuse by Epstein between 1994 and 2004. Epstein died in 2019. Reporting by Jonathan Stempel in New York; Editing by Tom HogueOur Standards: The Thomson Reuters Trust Principles.

REUTERS/Lucy NicholsonFeb 28 (Reuters) - Los Angeles County will pay the wife of late basketball star Kobe Bryant nearly $29 million to settle a lawsuit over allegations that sheriff officers and firefighters shared gruesome photos of the helicopter crash that killed Bryant and his 13-year-old daughter. "Today marks the successful culmination of Mrs. Bryant's courageous battle to hold accountable those who engaged in this grotesque conduct," said Luis Li, attorney for Vanessa Bryant, Kobe Bryant's wife. Kobe Bryant, his daughter Gianna and seven other people died in the crash in Calabasas, Calif., on Jan. 26, 2020. Kobe Bryant was 41 when he died. The Los Angeles Lakers great and 18-time All-Star won five NBA championships and was elected to the Hall of Fame in 2020.

[1/2] New York Police Department (NYPD) officers are pictured as protesters rally against the death in Minneapolis police custody of George Floyd, in Times Square in the Manhattan borough of New York City, U.S., June 1, 2020. FollowNEW YORK, March 1 (Reuters) - New York City has agreed to pay millions of dollars to demonstrators who sued the police department, saying they had been mistreated during a June 2020 racial justice protest that followed the killing of George Floyd. In a statement, the New York City Police Department said the demonstration occurred at a "challenging moment" when officers -already dealing with the strains of the COVID-19 pandemic - attempted to balance the right of people to protest with safety concerns. The total payments could amount to around $7 million, not including attorneys' fees, but a precise accounting was not yet available. Some of the protesters pursued individual claims and reached separate settlements, making them ineligible for additional payments, according to court filings.

Maxwell, 61, is expected to present her legal arguments in a filing with the 2nd U.S. Epstein killed himself at age 66 in a Manhattan jail cell in August 2019, one month after being charged with sex trafficking. Maxwell is expected to claim that prosecutors charged her long after a five-year statute of limitations expired. At Maxwell's trial, the four accusers said Maxwell and Epstein at first made them feel welcome in their orbit before subjecting them into giving Epstein sexualized massages. Prosecutors are expected to respond to Maxwell's filing before the appeals court hears oral arguments.

[1/2] U.S. President Joe Biden delivers remarks about the student loan forgiveness program from an auditorium on the White House campus in Washington, U.S., October 17, 2022. The program fulfilled Biden's 2020 campaign promise to cancel a portion of the nation's $1.6 trillion in federal student loan debt but was criticized by Republicans and others as an overreach of his authority. Biden's administration has said the plan is authorized under a 2003 federal law called the Higher Education Relief Opportunities for Students Act, or HEROES Act, that allows student loan debt relief during wartime or national emergencies. Beginning in 2020, the administrations of President Donald Trump, a Republican, and Biden, a Democrat, repeatedly paused federal student loan payments and halted interest from accruing, relying upon the HEROES Act. Missouri-based U.S. District Judge Henry Autrey found the states - Arkansas, Iowa, Kansas, Missouri, Nebraska and South Carolina lacked the legal standing to sue.

The ruling authored by Jackson, who was confirmed last year by the Senate as the newest of the nine justices, was unanimous. Under that law, money orders that go uncashed can be generally taken by the state in which they are purchased. Circuit Judge Pierre Leval, later agreed with Delaware's view that they were not legally money orders but were "third-party bank checks." Jackson rejected that position, saying the financial instruments were similar to money orders in function and operation by allowing prepayment of a specified amount to a specific person. "And none of the differences Delaware identifies relates to the statutory text or ordinary meaning of a money order," Jackson wrote.

☆ Glencore sentenced to pay $700 million in US after bribery guilty plea
▼ + stars: | 2023-02-28 | by ( Luc Cohen | Thomson Reuters | Reports On The New York Federal Courts. Previously Worked As A Correspondent In Venezuela | ) www.reuters.com time to read: +1 min

Companies Glencore PLC FollowNEW YORK, Feb 28 (Reuters) - A U.S. judge on Tuesday ordered Glencore Plc (GLEN.L) to pay $700 million in connection with its guilty plea over a decade-long scheme to bribe foreign officials across several countries. Prosecutors have said Glencore paid more than $100 million in bribes to officials in countries including Nigeria, Brazil, Venezuela and the Democratic Republic of the Congo to win business or avoid audits. Overall, the Swiss-based multinational has said it expects to pay more than $1.5 billion to settle bribery and market manipulation accusations, including more than $1 billion in the United States. Last year, Glencore was ordered to pay $341 million in fines and $144 million in forfeiture after pleading guilty to a market manipulation charge in Connecticut federal court. Reporting by Luc Cohen in New York Editing by Marguerita ChoyOur Standards: The Thomson Reuters Trust Principles.

The Sandy Hook families said that they need specialized assistance to review Jones' assets, income, and ability to pay those verdicts. Jones filed preliminary financial statements earlier in February, but listed several trusts that held unknown assets. Jones filed for personal bankruptcy in December, saying he could afford to pay less than 1% of the judgments handed down in two Sandy Hook defamation trials. Lopez will decide in March if Jones has to face a third Sandy Hook defamation trial. The Sandy Hook families have expressed concern that Jones is using bankruptcy to limit payments on the defamation judgments while attempting to collect income outside of the bankruptcy court's oversight.

[1/3] Jamie Dimon, Chairman of the Board and Chief Executive Officer of JPMorgan Chase & Co., gestures as he speaks during an interview with Reuters in Miami, Florida, U.S., February 8, 2023. Lawyers for the U.S. Virgin Islands did not immediately respond to requests for comment. The U.S. Virgin Islands is seeking damages from JPMorgan for missing red flags about Epstein's misconduct on Little St. James, a private island he owned there. Dimon and Staley, who later served as Barclays Plc's (BARC.L) chief executive, are not defendants in either lawsuit. The case is Government of the U.S. Virgin Islands v JPMorgan Chase Bank NA, U.S. District Court, Southern District of New York, No.

Bankman-Fried, FTX's founder, pleaded not guilty to eight criminal charges filed against him in December. Bankman-Fried now faces 12 criminal charges after prosecutors unsealed a new indictment against him last week. Singh is the third Bankman-Fried close associate to plead guilty and agree to cooperate with prosecutors. Caroline Ellison, who was Alameda's chief executive, and Gary Wang, who was FTX's chief technology officer, pleaded guilty in December to seven and four criminal charges, respectively. Singh was a close friend of Bankman-Fried's younger brother in high school, Bankman-Fried wrote in a deleted blog post.

Law firms Akin Gump Strauss Hauer & Feld LLP FollowNEW YORK, Feb 28 (Reuters) - The U.S. Commodity Futures Trading Commission (CFTC) has hired a former New York prosecutor with expertise in cryptocurrency and cyber crimes to lead its enforcement unit, the agency said in a statement on Tuesday. CFTC Chairman Rostin Behnam in the statement described McGinley as a "leader in combatting modern financial fraud". "His background as a prosecutor with unique experience in commodities, crypto, and cyber-crimes and frauds makes him an ideal person to lead the CFTC’s enforcement team," Behnam said. McGinley, whose appointment is effective immediately, replaces the CFTC's acting director of enforcement and veteran CFTC official Gretchen Lowe. Reporting by Chris Prentice Editing by Mark PotterOur Standards: The Thomson Reuters Trust Principles.

Feb 27 (Reuters) - Robinhood Markets Inc (HOOD.O) said in a filing on Monday it had received an investigative subpoena in December from the U.S. Securities and Exchange Commission related to listings of cryptocurrencies. The collapse of Sam Bankman-Fried's FTX was the biggest in a string of major crypto-related failures in 2022, which sparked a cryptocurrency rout and left creditors facing losses of billions of dollars. The SEC has maintained that pre-existing securities laws also apply to digital assets and that many crypto tokens meet the definition of a security, which the crypto industry has previously criticized. Robinhood said the subpoena it received from the SEC was regarding the supported currencies at Robinhood Crypto LLC, which is a wholly-owned subsidiary of the brokerage, as well as its custody of cryptocurrencies and other platform operations. Reporting by Anirban Chakroborti in Bengaluru; Editing by Krishna Chandra EluriOur Standards: The Thomson Reuters Trust Principles.

Feb 27 (Reuters) - The U.S. consumer financial watchdog agency on Monday said it had permanently barred California mortgage broker RMK Financial Corp. from the mortgage lending industry, accusing it of repeat violations against military personnel and their families. "Our action reflects our commitment to weed out repeat offenders, and we are shutting down this outfit for good," he said. According to the CFPB, Majestic Home Loan "tricked" military families by falsely claiming government affiliation while also deceiving borrowers about interest rates. The agency on Thursday announced a $10 million fine against the Georgia title lender TitleMax for allegedly making unlawful loans to military personnel and charging illegally high interest rates. The Supreme Court on Monday agreed to hear an appeal against an October ruling from the 5th U.S.

Feb 27 (Reuters) - Three banks agreed to pay $1.35 billion to resolve litigation by former Allen Stanford investors who accused them of contributing to the imprisoned financier's massive Ponzi scheme. Canada's Toronto-Dominion Bank <TD.TO> will pay $1.205 billion, HSBC Holdings Plc (HSBA.L) will pay $40 million and Independent Bank Group Inc (IBTX.O) , formerly Bank of Houston, will pay $100 million. They avert a trial that had been scheduled for Monday in Houston federal court, where TD, HSBC and Independent Bank were the last remaining defendants. Two other defendants, France's Societe Generale SA (SOGN.PA) and Mississippi-based Trustmark Corp (TRMK.O), settled for a respective $157 million and $100 million earlier this year. Independent Bank expects to recognize a $100 million first-quarter expense for its settlement, a regulatory filing shows.

Companies Tesla Inc FollowFeb 27 (Reuters) - Tesla Inc (TSLA.O) and its Chief Executive Elon Musk were sued on Monday by shareholders who accused them of overstating the effectiveness and safety of their electric vehicles' Autopilot and Full Self-Driving technologies. They said Tesla's share price fell several times as the truth became known, including after the National Highway Traffic Safety Administration began investigating the technologies, and reports that the Securities and Exchange Commission was investigating Musk's Autopilot claims. The share price also fell 5.7% on Feb. 16 after NHTSA forced a recall of more than 362,000 Tesla vehicles equipped with Full Self-Driving beta software because they could be unsafe around intersections. Monday's lawsuit led by shareholder Thomas Lamontagne seeks unspecified damages for Tesla shareholders from Feb. 19, 2019 to Feb. 17, 2023. Tesla's share price closed Monday up $10.75, or 5.5%, at $207.63, but the stock has lost about half its value since peaking in Nov. 2021.

Feb 27 (Reuters) - Fox Corp Chairman Rupert Murdoch acknowledged under oath that some Fox hosts "endorsed" the notion that the 2020 U.S. presidential election was stolen, according to a court filing unsealed Monday. Documents in the case in Delaware state court show Murdoch and other Fox executives believed Joe Biden fairly beat Donald Trump and that the results were not in doubt. Asked by a Dominion lawyer if some of Fox’s commentators had endorsed the idea that the 2020 election was stolen, Murdoch responded, “Yes. Dominion claims in its filing that Murdoch closely monitored Fox coverage but declined to wield his powerful editorial influence despite strong concerns about Fox's coverage. Murdoch testified that he believed early on that "everything was on the up-and-up" with the election, and that he doubted claims of election fraud from the very beginning.

The justices will hear the case during the court's next term, which begins in October. The case is the latest to come before the Supreme Court seeking to rein in the authority of federal agencies. The CFPB, which enforces consumer financial laws, was created after the 2008 financial crisis as part of a federal law known as the Dodd–Frank Wall Street Reform and Consumer Protection Act. A Democratic-led Congress in 2010 set up the agency to draw funding annually from the Federal Reserve, the U.S. central bank, which last fiscal year transferred around $642 million to the consumer protection agency. The court heard arguments in November in two other cases involving agency power.

[1/2] Alex Murdaugh gives testimony in his murder trial at the Colleton County Courthouse in Walterboro, South Carolina, U.S., February 23, 2023. Grace Beahm Alford/Pool via USA TODAY NETWORK via REUTERSFeb 27 (Reuters) - Four final defense witnesses are set to take the stand on Monday in the double murder trial of disbarred South Carolina lawyer Richard "Alex" Murdaugh before his attorneys rest their case, with jury deliberations on track to begin later in the week. Murdaugh's lawyers said they planned to question four additional witnesses before resting their case in the early afternoon on Monday. That would be followed by closing arguments and the judge instructing the jury, which could happen on Tuesday or Wednesday, Murdaugh defense attorney Dick Harpootlian said in court on Friday. The case has drawn intense media coverage given the political influence of the Murdaugh family in South Carolina.

REUTERS/Rebecca CookFeb 27 (Reuters) - Ohio residents suing Norfolk Southern Corp (NSC.N) over a train derailment that spilled toxic chemicals urged a U.S. judge on Monday to block the company from destroying the wreckage without first giving them ample opportunity to inspect the crash site. The derailment of the Norfolk Southern operated train in East Palestine on Feb. 3 forced thousands of residents to evacuate while railroad crews drained and burned off toxic chemicals. They asked the judge to give their experts more time before Norfolk Southern removes and destroys the wreckage, which was slated to start on Wednesday. She asked whether Norfolk Southern could remove low-priority cars to an offsite storage location for later inspection, or if other options were available. The EPA on Saturday announced it was temporarily pausing Norfolk Southern's shipment of material from the crash site, but promised those efforts would resume soon.

WASHINGTON, Feb 25 (Reuters) - A Republican congressman's court battle to protect his cellphone records has prevented federal investigators from reviewing over 2,200 documents in their investigation of then-President Donald Trump's efforts to overturn the result of the 2020 election, according to newly unsealed court documents. An investigation by the U.S. House of Representatives' Jan. 6 committee last year revealed Perry was in frequent contact with Trump White House officials in the weeks before the attack. On Thursday, an attorney for Perry asked an appellate court to reverse Judge Howell's lower court ruling that his communications were not within a "legitimate legislative sphere." A Justice Department attorney urged the judicial panel not to block the congressman's cellphone from investigators. Reporting by David Morgan; Editing by Daniel Wallis and Jonathan OatisOur Standards: The Thomson Reuters Trust Principles.

Companies Goldman Sachs Group Inc FollowFeb 25 (Reuters) - Roger Ng, the former Goldman Sachs Group Inc (GS.N) banker convicted for helping to embezzle Malaysia's 1MDB sovereign wealth fund, appealed to a New York court on Saturday not to force him to spend more time in prison. A federal jury in Brooklyn convicted Ng in April last year of conspiring to violate an anti-bribery law and commit money laundering. Reuters was not immediately able reach Malaysian prison officials to comment on the conditions. Prosecutors said that he helped his former boss Tim Leissner embezzle money from the fund, launder the proceeds and bribe officials to win business for Goldman. Reporting by Shivani Tanna and Chandni Shah in Bengaluru; Editing by Daniel WallisOur Standards: The Thomson Reuters Trust Principles.

The pre-Roe laws include criminal penalties for people who help others obtain an abortion. Pitman's order, which is preliminary, will remain in place while abortion funding groups, including Fund Texas Choice, The North Texas Equal Access Fund and The Lilith Fund for Reproductive Equity, move forward with a lawsuit seeking to block enforcement of the laws. The order applies only to five individual local prosecutors who are named as defendants in the case, though the groups have said they will seek to expand their case to include a class of all local prosecutors in the state. Paxton's office and lawyers for the abortion funds and for the local prosecutors did not immediately respond to requests for comment. They cited statements by Paxton and by some state lawmakers suggesting that the pre-Roe laws criminalized funding or facilitating such abortions.

Feb 24 (Reuters) - A U.S. appeals court ordered Jazz Pharmaceuticals Inc (JAZZP.UL) on Friday to de-list a patent related to its blockbuster narcolepsy drug Xyrem from the U.S. Food and Drug Administration's register of approved medications, in a win for rival drugmaker Avadel CNS Pharmaceuticals Inc. The decision by the U.S. Court of Appeals for the Federal Circuit removes an obstacle for Avadel to sell its own narcolepsy drug Lumryz. Avadel stock was up 4.2% Friday afternoon following the ruling, and Jazz stock was down 1.4%. Jazz sued Avadel for infringing the patent and others in Delaware federal court in 2021, in a lawsuit that is still ongoing. The case is Jazz Pharmaceuticals Inc v. Avadel CNS Pharmaceuticals LLC, U.S. Court of Appeals for the Federal Circuit, No.

The families, comprising more than 10,000 people, had asked U.S. District Judge George Daniels in Manhattan to put his Feb. 21 decision on hold while they appeal. "An important public interest lies in the enforcement of terrorism judgments," Daniels wrote. In ruling against the families, Daniels said awarding them the frozen assets would effectively recognize the Taliban as Afghanistan's legitimate government, which the Biden administration has not done. The president ordered $3.5 billion set aside to benefit the Afghan people, leaving the rest for the families to pursue. The case is In re Terrorist Attacks on Sept. 11, 2001, U.S. District Court, Southern District of New York, No.

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