DIRS.INFO The most relevant business & tech news

☆ Trump’s victory has some liberal judges reversing their retirement plans
▼ + stars: | 2024-12-05 | by ( Tierney Sneed | ) edition.cnn.com time to read: +7 min

Other judges have reversed retirement plans after electionsA handful of judges in recent years have also reversed retirement plans when they have not been able to secure a preferred successor, including US District Judge Karen Caldwell, a judge who sits in McConnell’s home state. Cogburn and Marbley are also not the first judges to back off retirement plans after an election. As McConnell himself highlighted, a district judge did the same about-face after President George W. Bush’s reelection in 2004, and another changed his retirement plans when Obama won in 2008. CNN’s messages seeking comment from the two judges submitted with the judges’ courts were not returned. But, Wheeler said that McConnell “may be having the effect he wants” if the two appellate judges are “wavering” about whether to keep to their retirement plans.

Persons: Donald Trump, Joe Biden won’t, Mitch McConnell, ”, McConnell, “, Algenon Marbley, Bill Clinton, Judge Max Cogburn –, Barack Obama –, John P, Collins, ” Collins, Karen Caldwell, George W, Bush’s, Obama, Biden, Jane Branstetter Stranch, James Andrew Wynn, Wynn, unretired, ” McConnell, “ It’s, ’ backstories, Clinton, Republican Sen, Jesse Helms, Stranch, Karla Campbell, Campbell, Ryan Park, Russell Wheeler –, –, Merrick Garland, Wheeler Organizations: CNN, Kentucky Republican, Trump, Southern District of, “, Western District of, Reuters, George Washington Law School, US, Biden White House, GOP, Republicans, Stranch, Trump Justice Department, Democrats, Republican, Biden, Brookings Institution’s, Supreme Locations: Southern District, Southern District of Ohio, Western District, Western District of North Carolina, North Carolina, Ohio, Brookings

☆ US announces major bust as efforts to crack down on Chinese money launderers working with drug cartels ratchet up
▼ + stars: | 2024-06-18 | by ( Sean Lyngaas | ) edition.cnn.com time to read: +17 min

A US-based lawyer who has represented accused Chinese money launderers said the tempo of law enforcement operations against the alleged launderers has increased in recent weeks as federal agents close in on “bigger fish” among Chinese money launderers in the US. None of the federal law enforcement agencies involved in tracking Chinese money launderers agreed to be interviewed on the record. Grassley and Whitehouse have each introduced legislation they say is key to closing loopholes in US law that are actively exploited by the cartels’ money launderers. Elaborate networksRecent court documents illuminate how far-flung and elaborate US-based networks of alleged Chinese money launderers are. Mirror TransactionsExperts say the Chinese money launderers have mastered the art of so-called mirror transactions, which involve a series of deposits at multiple bank accounts to conceal the drug money.

Persons: ”, Anne Milgram, surveil, “, Don Im, Biden, HSI, Ricardo Mayoral, William Kimbell, ” Kimbell, launderers, —, Sen, Sheldon Whitehouse, ” Whitehouse, Treasury Department —, Whitehouse, Christopher Wray, Joe Biden, Xi Jinping, Republican Sen, Charles Grassley, Enhua Fang, Li Pei Tan, Tan, Joe Habachy, Matthew Rothbeind, Fang, Chaojie Chen, Chen, Greg Hunter, ” David Luckey, JPMorgan Chase Organizations: CNN, Drug, Administration, Sinaloa Cartel, US Court, Central, Central District of, DEA, IRS, “, Centers for Disease Control, Federal, Homeland Security, Treasury, Treasury Department, Treasury’s, Network, Homeland Security Investigations, DHS, Financial Crimes, Rhode Island Democrat, intel, Department of Homeland Security, FBI, Senate, ” CNN, White, Office of National Drug Control, Service, Biden, Republican, Grassley, Rand Corporation, of, JPMorgan Chase, Bank of America, JPMorgan, Organization Locations: California, Mexican, China, Mexico, Los Angeles, Sinaloa, Central District, Central District of California, Colombia, America, Oregon, Virginia, South Carolina, Washington, DC, North, Central America, —, Iowa, North Carolina, Belize, Chinese, Georgia, Chicago, Tulsa, East Coast, Detroit , Chicago, Ohio, Western, of North Carolina, Wells Fargo

☆ Albemarle to pay more than $218 mln to settle bribery probe, U.S. says
▼ + stars: | 2023-09-29 | by ( ) www.reuters.com time to read: +2 min

A sacks of lithium carbonate is seen at Albemarle Lithium production facility in Silver Peak, Nevada, U.S. October 6, 2022. REUTERS/Carlos Barria/File Photo Acquire Licensing RightsCompanies Albemarle Corp FollowWASHINGTON, Sept 29 (Reuters) - Albemarle Corp will pay more than $218 million, including more than $103 million to financial regulators, to settle a U.S. probe into its scheme to bribe government officials in multiple foreign countries, the Department of Justice said on Friday. It also agreed to continue to cooperate with the Justice Department "in any ongoing or future criminal investigations relating to this conduct," it added. Albemarle entered into a three-year non-prosecution agreement as part of the settlement, and the Justice Department agreed to credit part of the forfeiture to pay the Securities and Exchanges Commission (SEC). Albemarle also agreed to cease and desist from any future violations as part of the settlement, the SEC added.

Persons: Carlos Barria, Attorney Dena King, Albemarle, Susan Heavey, Mark Potter Organizations: REUTERS, Companies, Corp, WASHINGTON, Albemarle Corp, Department of Justice, Justice Department, U.S, Attorney, Western, of, Securities, Exchanges Commission, SEC, Thomson Locations: Albemarle, Silver, , Nevada, U.S, Vietnam, Indonesia, India, of North Carolina

Equal Employment Opportunity Commission (EEOC), which on Tuesday accused the largest U.S. retailer of illegally firing a North Carolina deli worker with Crohn's disease. According to a complaint filed in the Charlotte, North Carolina federal court, Walmart did not excuse several absences though Tucker provided doctor's notes, and rejected her requests for periodic leave or a transfer to a job nearer the bathroom. Crohn's disease is an chronic bowel disease that causes inflammation in the digestive tract, and can lead to diarrhea, abdominal pain, fatigue and weight loss. Tucker was a long-term employee who needed "flexibility" from Walmart because of her debilitating health condition, EEOC lawyer Melinda Dugas said in a statement. The case is EEOC v Wal-Mart Stores East LP, U.S. District Court, Western District of North Carolina, No.

☆ Greg Lindberg, Insurance Entrepreneur, Faces New Criminal Charges
▼ + stars: | 2023-02-24 | by ( Jennifer S. Forsyth | Mark Maremont | ) www.wsj.com time to read: 1 min

Greg Lindberg, pictured in 2018, was sent to federal prison in 2020 before an appeals court in June overturned his conviction and ordered a new trial. A federal grand jury indicted North Carolina insurance entrepreneur Greg Lindberg , alleging that he directed a criminal scheme to defraud policyholders of hundreds of millions of dollars in part to finance his lavish lifestyle. The new charges, handed up in the Western District of North Carolina, are the latest salvo in a roller-coaster legal fight that has lasted for several years. Mr. Lindberg was sent to federal prison in 2020 on charges related to the bribing of a public official before a federal appeals court in June overturned his conviction and ordered a new trial. The additional charges revealed Friday are separate from that coming trial.

Feb 17 (Reuters) - Home security provider Vivint Smart Home Inc (VVNT.N) owes rival CPI Security Systems Inc $189.7 million for tricking its customers into moving to Vivint's service, a North Carolina jury decided Friday. The federal jury in Charlotte found Vivint sales representatives unlawfully deceived CPI customers into signing contracts with Vivint by falsely claiming that Vivint had bought the company. CPI said its customers would then unknowingly sign "high-priced, multi-year" contracts that Vivint made "impossible for customers to cancel." It told the court it competed fairly with CPI and that CPI customers had switched to Vivint for legitimate reasons. The case is CPI Security Systems Inc v. Vivint Smart Home Inc, U.S. District Court for the Western District of North Carolina, No.

Search resuls for: "Western District of North Carolina"

6 mentions found