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A Delaware judge on Tuesday voided the $56 billion pay package of Tesla CEO Elon Musk, ruling that the company's board of directors failed to prove "that the compensation plan was fair" or show much evidence that they had even negotiated with him. The pay package that Tesla granted Musk in 2018 was the largest compensation plan in public corporate history, McCormick noted in her 200-page ruling. He claims that Tesla, Inc.'s directors breached their fiduciary duties by awarding Elon Musk a performance-based equity-compensation plan." "Put simply, neither the Compensation Committee nor the Board acted in the best interests of the Company when negotiating Musk's compensation plan. But in a tweet late Tuesday afternoon, Musk wrote, "Never incorporate your company in the state of Delaware."

Persons: Elon, Twitter —, Elon Musk, Richard Tornetta, Chancellor Kathaleen McCormick, Tesla, McCormick, Musk, Tornetta, Todd Maron, Grant Organizations: SpaceX, Twitter, New York Times, Tesla, Delaware Supreme Court, Inc, Elon, Company, Musk, CNBC, CNBC PRO Locations: New York City, Delaware

☆ Russian oligarch Dmitry Rybolovlev loses suit accusing Sotheby's of art fraud
▼ + stars: | 2024-01-30 | by ( Dan Mangan | ) www.cnbc.com time to read: +3 min

Dmitry Rybolovlev, president of As Monaco Football Club SA, arrives at court in New York on Jan. 9, 2024. Russian billionaire Dmitry Rybolovlev on Tuesday lost a New York federal court lawsuit in which he had accused the Sotheby's auction house of helping an art buyer defraud the oligarch by having him grossly overpay for various pieces of art. "It knew the actual prices Bouvier paid to the sellers and the fraudulently inflated prices Bouvier induced Plaintiffs to pay to him," the suit said. At trial, Sotheby's lawyer Sara Shudofsky told jurors that Rybolovlev was "trying to make an innocent party pay for what somebody else did to him." "We are grateful to the jury for its verdict, which totally vindicates Sotheby's of any alleged misconduct," Sotheby's said.

Persons: Dmitry Rybolovlev, Rybolovlev, Yves Bouvier, Bouvier, Leonardo da Vinci, Salvator Mundi, Sara Shudofsky, Shudofsky, Sotheby's, Daniel Kornstein, Kornstein, Donald Trump Organizations: Monaco Football Club SA, New, Xitrans Finance, Associated Press, Geneva, CNBC PRO Locations: New York, U.S, Manhattan, Sotheby's, Christie's, Beach , Florida, Singapore , Hong Kong , New York, Monaco

☆ Tesla shares slide after judge voids Elon Musk's $56 billion compensation
▼ + stars: | 2024-01-30 | by ( Dan Mangan | ) www.cnbc.com time to read: +1 min

Elon Musk — the CEO of Tesla and SpaceX and owner of X, formerly Twitter — speaks during the New York Times annual DealBook summit in New York City, Nov. 29, 2023. A Delaware judge on Tuesday voided the $56 billion pay package of Tesla CEO Elon Musk, ruling that the company's board of directors "failed that the compensation plan was fair." Tesla's share price slid about 3% in after-hours trading Tuesday following news of the decision in the lawsuit filed by Richard Tornetta, a shareholder in the electric automaker. "The plaintiff is entitled to rescission," Delaware Chancery Court Judge Kathaleen McCormick wrote in his ruling agreeing that Musk's pay package was inappropriately set by Tesla's board. Please check back for updates.

Persons: Elon, Twitter —, Elon Musk, Richard Tornetta, Judge Kathaleen McCormick, McCormick Organizations: SpaceX, Twitter, New York Times, Tesla Locations: New York City, Delaware

☆ E. Jean Carroll lawyer rebuts Trump judge conflict worry, says no basis to toss $83.3 million verdict
▼ + stars: | 2024-01-30 | by ( Dan Mangan | ) www.cnbc.com time to read: +3 min

E. Jean Carroll's lawyer on Tuesday rebutted a claim that she was mentored by the judge who oversaw the rape defamation trial of Donald Trump, and said there is "no basis' to toss the recent $83.3 million verdict against the former president in Carroll's favor. Roberta Kaplan joined the firm in October 1992 and Lewis Kaplan left Paul, Weiss in August 1994 upon his confirmation as judge. Roberta Kaplan also told the judge in a letter that she reserved the right to "seek sanctions" against Habba for making "false and vexatious claims." As in the second trial, Roberta Kaplan represented Carroll and Judge Kaplan presided over the case. "We believe, and will argue on appeal, that the Court was overtly hostile towards defense counsel and President Trump, and displayed preferential treatment towards Plaintiff's counsel," Habba wrote.

Persons: Roberta Kaplan, Jean Carroll's, Carroll, Donald Trump, Carroll's, Alina Habba, Kaplan, District Judge Lewis Kaplan, Paul, Weiss, Judge Kaplan, Lewis Kaplan, Habba, Trump's, Lew, Trump Organizations: Manhattan Federal, U.S, District, Habba, Trump, Carroll, New York Locations: New York City, U.S, New York

☆ DOJ and SEC unveil charges in $1.9 billion cryptocurrency fraud scheme
▼ + stars: | 2024-01-29 | by ( Dan Mangan | ) www.cnbc.com time to read: +3 min

The Department of Justice on Monday announced criminal charges against two people and the guilty plea of a third person for orchestrating a $1.9 billion cryptocurrency Ponzi fraud scheme known as HyperFund, among other names. Lee, a 35-year-old also known as Xue Lee, is charged with a single count of conspiracy to commit securities fraud and wire fraud. Chunga, who also is known as Bitcoin Beautee, pled guilty Monday to one count of conspiracy to commit securities fraud and wire fraud, for which she faces the same possible maximum sentence. Chunga separately agreed to settle civil charges by the SEC for violating the anti-fraud and registration provisions of U.S. securities laws. The SEC complaint says she received more than $3.7 million from both the HyperFund platform and from investors.

Persons: Nicole Argentieri, Erek Barron, Sam Lee, Rodney Burton, Brenda Chunga, Lee, Xue Lee, Burton, Chunga, Beautee, HyperFund Organizations: U.S . Department of Justice, Washington , D.C, The, Justice, Securities, Exchange Commission, DOJ, U.S, Attorney, United Arab Emirates, SEC Locations: Washington ,, HyperFund, Maryland, Australian, Dubai, United Arab, Miami, Severna Park , Maryland

Vince McMahon, executive chairman of the board of TKO Group Holdings and founder of wrestling giant WWE, has resigned his positions at both companies, according to a WWE memo obtained by CNBC and confirmed by the company. "Vince McMahon has tendered his resignation from his positions as TKO Executive Chairman and on the TKO Board of Directors. He will no longer have a role with TKO Group Holdings or WWE," said Nick Khan, president of the WWE. The announcement came in the wake of allegations made public Thursday, of sexual assault and sex trafficking, against McMahon. The latest allegations against McMahon were in a lawsuit filed by Janel Grant — who alleges McMahon directed her to have sex with a WWE "superstar" and other men.

Persons: Vince McMahon, Nick Khan, McMahon, Janel Grant —, Grant's, Grant, John Laurinaitis Organizations: WWE, MetLife, Holdings, CNBC Locations: East Rutherford , New Jersey, U.S, Connecticut

Former U.S. President Donald Trump departs for his second civil trial after E. Jean Carroll accused Trump of raping her decades ago, outside a Trump Tower in the Manhattan borough of New York City, U.S., January 26, 2024. "The record will reflect that Mr. Trump just rose and walked out of the courtroom," said Judge Lewis Kaplan. Trump's comments have sparked death threats and vicious emails and tweets directed at Carroll, the lawyer said. "You are not going to use a slide to represent how many tweets there were, you are not using that slide, period," Judge Kaplan said. Carroll's lawyers have complained during the trial about Trump making comments that were audible to jurors while sitting with his attorneys at the defense table.

Persons: Donald Trump, Jean Carroll, Trump, Lewis Kaplan, Roberta Kaplan, defaming Carroll, Donald J, Kaplan, Alina Habba, Judge Kaplan, Carroll, Habba Organizations: U.S, Trump, Carroll, United Locations: Manhattan, New York City, U.S, New York, United States

☆ WWE boss Vince McMahon accused of sexual assault and trafficking in new lawsuit
▼ + stars: | 2024-01-25 | by ( Dan Mangan | ) www.cnbc.com time to read: +1 min

Vince McMahon attends a press conference at MetLife Stadium on February 16, 2012 in East Rutherford, New Jersey. WWE boss Vince McMahon was accused Thursday of sexual assault, trafficking, and physical and emotional abuse in a lawsuit by a woman who previously worked for the pro wrestling giant. The suit says McMahon only paid her $1 million, "but failed to make any further payments." In addition to McMahon, the suit names WWE and John Laurinaitis, the former head of talent relations and general manager, as defendants. McMahon's lawyer, and spokespeople for the WWE and TKO did not immediately respond to requests for comment.

Persons: Vince McMahon, Janel Grant, McMahon, Grant, John Laurinaitis Organizations: MetLife, WWE, Connecticut federal, UFC, TKO, Holdings Locations: East Rutherford , New Jersey, Connecticut

A court filing shows that Giuliani owes more than $1.3 million to the law firm Davidoff Hutcher & Citron. The lawyer Robert Costello sued Giuliani in September for $1.36 million in unpaid legal fees dating to 2019. Giuliani had planned to raise some of his legal defense money at two of Trump's properties, Andrew Giuliani previously said. "Yes, I gave Rudy $100,000 for his legal defense PAC and I was happy to do so," Elizabeth Ailes told CNBC. And the real estate investment firm Probity International, which is run by Trump donor Robert Zarnegin, gave $35,000 to the Giuliani PAC.

Persons: Rudy Giuliani, Donald Trump's, Andrew Giuliani, Caryn Borland, Giuliani, Borland, Caryn Hildenbrand, Caryn, Hildenbrand, Michael, Trump, Mike Pence, Caryn Borland's, Joe Biden, Davidoff Hutcher, Citron, Robert Costello, Elizabeth Ailes, Roger Ailes, Rudy, Ailes, Newsmax, Roger, Elizabeth, Donald Trump, Lewis Topper, Robert Zarnegin, Arnold Gumowitz, Andrew Giuliani's, Matthew Martorano, Martorano Organizations: New York, U.S, CNBC, Living Trust, Trump, Internal Revenue Service, The New York Times, Giuliani, Voting Systems, Washington , D.C, PAC, Fox, Fox News, Businessman, Probity International, Giuliani PAC, Trump Save America Locations: Washington , U.S, del Mar , California, Georgia, Washington ,, Bedminster

Details of the medical procedure were also blacked out in the letter, which noted that federal prosecutors had not consented to Zhao's request. Jones held a closed hearing on the request on Dec. 29, and denied Zhao's bid to travel, court records show. Jones earlier in December rejected another request to allow Zhao to travel to the UAE. The judge said Zhao's "enormous wealth" made him a significant flight risk. His family resides in the UAE and it appears that he has favored status in the UAE," Jones wrote in a six-page order on Dec. 7.

Persons: Zhao Changpeng, Binance, Changpeng, Richard Jones, Zhao, Judge Jones, Jones, Zhao's Organizations: Viva Technology, Porte de, United Arab Emirates, Jan Locations: Porte, Paris, France, U.S, Seattle, Abu Dhabi, UAE, United States

☆ British billionaire Joe Lewis pleads guilty to insider trading, securities fraud
▼ + stars: | 2024-01-24 | by ( Dan Mangan | ) www.cnbc.com time to read: +1 min

British billionaire and Tottenham Hotspur owner Joe Lewis exits the United States Courthouse in Manhattan, following his appearance on insider trading charges, in New York City, U.S., July 26, 2023. British billionaire Joseph Lewis pleaded guilty Wednesday in New York federal court to securities fraud related to insider trading. Lewis' company, Broad Bay Ltd., also pleaded guilty in the same proceeding to participating in a scheme to hide his ownership of shares of a pharmaceutical company by making false filings and misleading financial statements. "Now, he will pay the price with a federal conviction, the prospect of time in prison, and the largest financial penalty for insider trading in a decade." Lewis, 86, faces a maximum possible sentence of 20 years in prison on the charges he pleaded guilty to in U.S. District Court in Manhattan: one count of conspiracy to commit securities fraud, and two counts of securities fraud.

Persons: Joe Lewis, Joseph Lewis, Lewis, Broad, Damian Williams Organizations: Tottenham Hotspur, United, Broad, Broad Bay Ltd, Manhattan U.S Locations: Manhattan, New York City, U.S, New York, Broad Bay

☆ New Hampshire primary live updates: Nikki Haley battles Donald Trump to the finish as voters hit the polls
▼ + stars: | 2024-01-23 | by ( Kevin Breuninger Dan Mangan Rebecca Picciotto Chelsey Cox | Kevin Breuninger | Dan Mangan | ) www.cnbc.com time to read: +1 min

Voters in New Hampshire are casting the first primary votes of the 2024 presidential election in more than 300 voting locations across the Granite State. New Hampshire Secretary of State David Scalan said he expects turnout will exceed 400,000 voters, with the lion's share of those ballots being cast in the Republican primary. If those trends hold, the first Republican primary of the cycle could end up being the party's last competitive nominating contest this year. And with around 40% of voters neither a registered Republican nor a Democrat, the state is still far from a done deal for Trump. The party's incumbent, President Joe Biden, is not on the ballot, and the results will not affect delegate allocations later this year.

Persons: State David Scalan, Donald Trump, Nikki Haley, Ron DeSantis, Trump's, Haley, Joe Biden Organizations: NBC, New, State, Republican, GOP, South Carolina Gov, Florida Gov, Suffolk University, Boston Globe, Democrat, Trump, Democratic National Committee Locations: New Hampshire, Granite State, Suffolk, Boston, South Carolina

☆ New York AG pushing for lifetime Trump ban cites Martin Shkreli ruling
▼ + stars: | 2024-01-23 | by ( Dan Mangan | ) www.cnbc.com time to read: +2 min

Martin Shkreli, former chief executive officer of Turing Pharmaceuticals AG, exits court in New York, US, on Wednesday, Oct. 4, 2023. What does former President Donald Trump have in common with "Pharma bro" Martin Shkreli? A penchant for harshly trolling their enemies online and an attorney general who wants both of them banned for life from their preferred business. The ruling stemmed from an antitrust lawsuit James, the Federal Trade Commission, and six other states filed against Shkreli. James, in that case, asked Judge Arthur Engoron to ban Trump for life from the New York real estate industry and to bar his sons, Donald Trump Jr. and Eric Trump, from that sector for five years, along with fining them $360 million.

Persons: Martin Shkreli, Donald Trump, Pharma bro, Letitia James's, James, Judge Arthur Engoron, Donald Trump Jr, Eric Trump, Engoron, Colleen Faherty Organizations: Turing Pharmaceuticals AG, Pharma, New York, Shkreli, Trump, U.S, Circuit, New York federal, Federal Trade Commission, New Locations: New York, Manhattan, Fed

☆ Former high-ranking FDIC attorney Mark Black pleads guilty in child sex exploitation case
▼ + stars: | 2024-01-23 | by ( Dan Mangan | ) www.cnbc.com time to read: +2 min

A former high-ranking lawyer at the Federal Deposit Insurance Corporation pleaded guilty Tuesday in federal court to conspiring to sexually exploit multiple children and now faces a mandatory minimum prison sentence of 15 years. "Black and his co-conspirators would covertly record this conduct and share the videos with each other," the DOJ said. Black pleaded guilty Tuesday in U.S. District Court in Alexandria, Virginia, to one count of conspiracy to produce child pornography and one count of coercion and enticement. He faces a mandatory minimum sentence of 15 years in prison and a maximum sentence of life behind bars. The FDIC said Black's criminal activity "had nothing whatsoever to do with the FDIC," and did not involve the use of agency computers or other devices.

Persons: Mark Black, Black Organizations: Federal Deposit Insurance Corporation, Arlington Aquatic, FDIC, Justice, DOJ, CNBC, FBI, U.S . Center, SafeSport, U.S, Olympic Locations: Arlington, Virginia, Arlington ., U.S, Alexandria , Virginia

☆ Appeals court upholds 'pharma bro' Martin Shkreli lifetime ban from drug industry
▼ + stars: | 2024-01-23 | by ( Dan Mangan | ) www.cnbc.com time to read: +4 min

A federal appeals court Tuesday upheld a lifetime ban on "pharma bro" Martin Shkreli from working in the pharmaceuticals industry as well as an order to pay up to $64.6 million in disgorged profits for blocking competition to the drug Daraprim. His lawyer, Benjamin Brafman, in a statement to CNBC on the appeals court decision, said, "The lifetime ban is too severe." In its eight-page ruling, the appeals court noted that Shkreli argued that Manhattan federal court Judge Denise Cote "abused" her discretion in imposing a lifetime ban on him from the drug business. "The district court found, and Shkreli does not dispute, that Shkreli's illegal scheme was "egregious, deliberate, repetitive, long-running, and ultimately dangerous." "Given his strategic decision in the district court, there is no injustice to Shkreli by us declining to address his new argument."

Persons: Martin Shkreli, pharma bro, Shkreli, Benjamin Brafman, Brafman, Denise Cote, —, Peluso Organizations: Turing Pharmaceuticals AG, pharma, U.S, Circuit, New, Federal Trade Commission, CNBC, FTC, Vyera Pharmaceuticals, Phoenixus, Mr Locations: New York, California, Manhattan

☆ Judge temporarily blocks deposition of Trump Georgia DA Fani Willis in divorce case
▼ + stars: | 2024-01-22 | by ( Dan Mangan | ) www.cnbc.com time to read: +1 min

A Georgia judge on Monday blocked — for now — a deposition of Fulton County District Attorney Fani Willis by lawyers in the divorce of special prosecutor Nathan Wade, whom Willis appointed to oversee the criminal election case of former President Donald Trump. Cobb County Superior Court Judge Henry Thompson said he needed to hear what Nathan Wade said in his deposition before determining if Willis should be deposed in the divorce by Jocelyn Wade's lawyers. Willis is seeking to block the deposition amid questions of whether she engaged in a romantic relationship with Nathan Wade at the same time he and his law firm were being paid hundreds of thousands of dollars by Fulton County to act as special counsel in Trump's criminal case. Trump is charged with racketeering and other charges related to his efforts to undo his loss in Georgia's 2020 election to President Joe Biden. Thompson also Monday said he would unseal the Wades' divorce case, after noting that procedures for sealing the case from public view were not followed.

Persons: Fani Willis, Nathan Wade, Willis, Donald Trump, Henry Thompson, Jocelyn Wade's, Wade, he's, Thompson, Trump, Joe Biden Organizations: Fulton Locations: Georgia, Fulton County, Cobb

☆ Trump sex assault defamation trial postposed after juror calls in sick
▼ + stars: | 2024-01-22 | by ( Dan Mangan | ) www.cnbc.com time to read: +2 min

Former US President Donald Trump leaves Trump Tower for Manhattan federal court for the second defamation trial against him, in New York City on January 22, 2024. Charly Triballeau | AFP | Getty ImagesThe sex assault defamation trial of former President Donald Trump in New York was postponed Monday when a juror called in sick. After the jurors were excused, Habba told Kaplan that she wanted to call Trump as a witness on Wednesday. "I think we should finish tomorrow, Judge Kaplan." E. Jean Carroll (C) arrives for her civil defamation trial against former US President Donald Trump at Manhattan Federal Court in New York City on January 22, 2024.

Persons: Donald Trump, Charly Triballeau, Alina Habba, Lewis Kaplan, Habba, Michael Madaio, Kaplan, Trump, Jean Carroll, Carroll, Nikki Haley, Ron DeSantis, Carroll's, Robert Kaplan, Roberta Kaplan, Judge Kaplan, Angela Weiss Organizations: Trump, AFP, Getty, U.S, Republican, United, Florida Gov, Manhattan Federal, Afp Locations: Manhattan, New York City, New York, New Hampshire, United Nations

☆ Judge snaps at Trump lawyer during E. Jean Carroll defamation trial: 'I said sit down!'
▼ + stars: | 2024-01-17 | by ( Dan Mangan | ) www.cnbc.com time to read: 1 min

Former US President Donald Trump leaves Trump Tower for Manhattan federal court for the second defamation trial against him, in New York City on January 17, 2024. A New York federal judge snapped at a lawyer for Donald Trump on Wednesday after she again asked for a delay in his sex assault defamation trial so the former president could attend his mother-in-law's funeral"I said sit down!" Judge Lewis Kaplan told Trump's lawyer Alina Habba. Habba replied, "I don't like to be spoken [to] like that ... Kaplan shot back, "It is denied.

Persons: Donald Trump, Lewis Kaplan, Trump's, Alina Habba, Habba, Kaplan Organizations: Trump, New Locations: Manhattan, New York City, New York

☆ Haslam family sells Berkshire Hathaway remaining 20% share of Pilot Travel Centers
▼ + stars: | 2024-01-16 | by ( Dan Mangan | ) www.cnbc.com time to read: +1 min

Jimmy Haslam, CEO of Pilot Flying J. and Warren Buffett, Chairman and CEO of Berkshire Hathaway. The Haslam family on Tuesday said its Pilot Corporation had closed the sale of its remaining 20% ownership interest in truck-stop giant Pilot Travel Centers to Berkshire Hathaway . That settlement avoided what was scheduled to be a two-day trial beginning Jan. 8, with testimony from Berkshire Hathaway executive Greg Abel, the designated successor to company CEO Warren Buffett. CNBC has requested comment from Berkshire Hathaway, which in a regulatory filing last year listed the Haslams' noncontrolling interest in Pilot Travel Centers at a value of around $3.2 billion. PTC is the largest operator of travel centers in North America, with more than 750 locations under the Pilot and Flying J brands.

Persons: Jimmy Haslam, Warren Buffett, Berkshire Hathaway, Haslam, Greg Abel Organizations: Berkshire, Pilot Corporation, Centers, Travel Centers, CNBC, Travel, PTC Locations: Berkshire, North America

☆ Trump loses appeal of fraud trial gag order at top New York court
▼ + stars: | 2024-01-16 | by ( Dan Mangan | ) www.cnbc.com time to read: 1 min

Former U.S. President Donald Trump arrives to speak to the press after attending the civil fraud trial against the Trump Organization in New York State Supreme Court, in New York City on Jan. 11, 2024. The top court in New York State on Tuesday rejected an appeal by former President Donald Trump of a gag order imposed on him in his civil business fraud trial. The New York Court of Appeals dismissed Trump's challenge to the order "upon the ground that no substantial constitutional question is directly involved." The court also dismissed Trump's motion to stay the gag order "as academic," likely because the trial is over. The gag order barred Trump from making public statements about the staff of Manhattan Supreme Court Judge Arthur Engoron.

Persons: Donald Trump, Trump's, Arthur Engoron Organizations: U.S, Trump Organization, Court, New, Trump, Manhattan Locations: New York, New York City, New York State

☆ Jury picked for Trump sex attack defamation trial with E. Jean Carroll
▼ + stars: | 2024-01-16 | by ( Dan Mangan | ) www.cnbc.com time to read: +3 min

Former President Donald Trump, center, departs Trump Tower in New York on Jan. 16, 2024. David Dee Delgado | Bloomberg | Getty ImagesA jury was selected Tuesday at the New York civil trial for the sex assault defamation lawsuit by writer E. Jean Carroll against former President Donald Trump. Opening arguments in the trial in Manhattan federal court are set to begin later Tuesday afternoon. Former U.S. President Donald Trump and E. Jean Carroll attend jury selection in the second civil trial after Carroll accused Trump of raping her decades ago, at Manhattan Federal Court in New York City, U.S., January 16, 2024 in this courtroom sketch. E. Jean Carroll arrives for her defamation trial against Former President Donald Trump at New York Federal Court in New York City on Jan. 16, 2024.

Persons: Donald Trump, David Dee Delgado, E, Jean Carroll, Trump, Carroll, Jane Rosenberg, Ivanka Trump, Roberta Kaplan, Joe Biden, Judge Lewis Kaplan, Michael M, Judge Kaplan Organizations: Trump, Bloomberg, Getty, New, Iowa Republican, Former U.S, Manhattan Federal, Reuters, Federal, Santiago Locations: New York, Manhattan, Iowa, New York City, U.S

Iowans will battle record-setting cold Monday to take part in the first nominating contest of the 2024 presidential election, the Iowa caucus. Both Republicans and Democrats will meet in person at 8 p.m. ET for caucuses, or meetings, but only Republicans will cast ballots for president. Former President Donald Trump is expected to win the GOP caucus by a margin of 20 points or more if polling trends hold. Tonight's caucus also serves as the first official barometer of where the Republican party stands in 2024.

Persons: Donald Trump, Nikki Haley, Ron DeSantis, Trump, Haley, DeSantis Organizations: Republicans, Democrats, Former South Carolina Gov, Florida Gov, Trump, Republican Locations: Iowa

Joe Tacopina, Attorney for former President Donald Trump, leaves Federal Court after the civil trial against former President Donald Trump at Manhattan on May 09, 2023 in New York City. A trial in that case ended with a Manhattan federal court jury finding Trump liable for sexually abusing Carroll and defaming her. On Monday, Tacopina filed a notice with the appeals court seeking the withdrawal of his law firm from the case. Also Monday, Tacopina filed a notice withdrawing from the Manhattan Supreme Court case where he was defending Trump on criminal charges of falsifying business records related to a hush money payment to the porn star Stormy Daniels. Trump, who denies having sex with Daniels, reimbursed Cohen for the payment and other related costs, which were recorded by the Trump Organization as legal expenses.

Persons: Joe Tacopina, Donald Trump, Joseph Tacopina, Tacopina, Trump, Crooked Joe Biden, Steven Cheung, E, Jean Carroll, Carroll, defaming, Stormy Daniels, Trump's, Michael Cohen, Daniels, Cohen Organizations: Manhattan, Trump, Iowa Republican, GOP, America, 2nd Circuit U.S, Appeals, Carroll, Manhattan Supreme, Trump Organization Locations: New York City, Iowa, New York, Manhattan

Judge Arthur Engoron presides over the civil fraud trial of former President Donald Trump and his children at New York State Supreme Court in New York City on Nov. 13, 2023. Police are investigating a swatting incident at the New York home of the judge set to hear closing arguments later Thursday morning in the business fraud trial of former President Donald Trump. It is the second time in days that a swatting attempt has been made against a judge handling a case involving Trump. Closing arguments in Trump's civil fraud trial are still set to begin at 10 a.m. The lawyer, Chris Kise, refused to confirm to Engoron that Trump would abide by restrictions the judge had set on what Trump could say during the closing.

Persons: Arthur Engoron, Donald Trump, Engoron's, Trump, Engoron, Chris Kise Organizations: New York, Police, New, Trump, Nassau County Police, CNBC, Daily Beast, NBC News, Nassau County Police Department Locations: New York City, New York, Nassau, Manhattan

☆ National Association of Realtors president says she is resigning after blackmail threat
▼ + stars: | 2024-01-08 | by ( Dan Mangan | ) www.cnbc.com time to read: +3 min

The president of the National Association of Realtors on Monday said she was resigning due to a blackmail threat that sought to "compromise" her leadership role. NAR President Tracy Kasper said she had notified the group's leadership team "that she recently received a threat to disclose a past personal, non-financial matter unless she compromised her position at NAR." President-elect Kevin Sears will immediately step into the post at the group, which represents more than 1.5 million members working in the residential and commercial real estate industries. and the majority owner of two other real estate companies in the state, according to her NAR bio. Also, the article was updated to reflect that Kasper wasn't president of the NAR in 2016.

Persons: Tracy Kasper, Kasper, Kevin Sears, Kenny Parcell, Bob Goldberg, Berkshire Hathaway, Silverhawk, CNBC's Diana Olick, Kasper wasn't Organizations: National Association of Realtors, NAR, New York Times, CNBC PRO Locations: Berkshire, Boise Valley , Idaho

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