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Companies JPMorgan Chase & Co FollowNEW YORK, July 12 (Reuters) - U.S. prosecutors on Wednesday unveiled an indictment charging Olivier Amar, who helped run college financial aid startup Frank, with defrauding JPMorgan Chase (JPM.N) into buying their company for $175 million. Amar, who was Frank's chief growth officer, was charged with wire fraud, bank fraud, securities fraud and conspiracy, becoming the second company official indicted in the case. Lawyers for Amar, whose whereabouts were not immediately known, did not immediately respond to a request for comment. A spokesman for the U.S. Attorney's office in Manhattan also did not immediately respond to a request for comment. The bank shut down Frank in January, and Chief Executive Jamie Dimon branded the acquisition a "huge mistake."
Persons: Olivier Amar, Amar, Frank, Charlie Javice, Javice, Jamie Dimon, counterclaims, Luc Cohen, Bill Berkrot Organizations: JPMorgan Chase, U.S, JPMorgan, Thomson Locations: Manhattan, U.S, Amar, Delaware, New York
Crocs sued Joybees in federal court on Thursday, expanding on a separate lawsuit that the Colorado-based company filed in 2021. The new complaint, accusing Joybees and its chief executive of unfair competition, came a day after Joybees filed claims in the same court against Crocs. Joybees also said it was seeking a declaration that its shoes had not violated Crocs' intellectual property protections. Joybees, according to Crocs' lawsuit, hired key operations and manufacturing employees from Crocs. The cases are Crocs Inc v Joybees LLC, U.S. District Court for the District of Colorado, 1:23-cv-01719-NRN and 21-cv-02859-PAB-MEH.
Persons: Crocs, Joybees, Kellen McCarvel, McCarvel, Porter Kaye Scholer, Jonathan Cooperman, Kelley Drye, Chad Nitta, Rock, Saul Rostamian, Sheppard Mullin, Mike Scarcella, Leigh Jones Organizations: Colorado Joybees, Crocs, Joybees, Investment, District of, Arnold, Warren, Thomson Locations: Colorado, Denver, Crocs, District of Colorado
June 22 (Reuters) - Pop star Kesha on Thursday settled a lawsuit brought by her former producer Dr. Luke, who claimed that she defamed him by accusing him of raping her. Dr. Luke, whose real name is Lukasz Gottwald, denied assaulting Kesha and said it was "time for me to put this difficult matter behind me and move on with my life." A lawyer for Dr. Luke had no further comment, and a lawyer for Kesha could not immediately be reached for comment. The court also said that Kesha should be allowed to file counterclaims against Dr. Luke for emotional distress, punitive damages and legal fees. In 2014, Kesha sued Dr. Luke and Sony Group's (6758.T) Sony Music in order to get out of her multi-album recording deal, saying the producer had drugged and raped her in 2005.
Persons: Kesha, Luke, Kesha Rose Sebert, Lukasz Gottwald, Dr, Sony Group's, Lady Gaga, Brendan Pierson, Alexia Garamfalvi, Jonathan Oatis Organizations: New, The New, Appeals, Sony, Thomson Locations: The New York, New York
The ruling reverses a mid-level appeals court that said Dr. Luke was a private figure subject to a lower burden of proof because he is not a household name. The court also said a state judge should have allowed Kesha to file counterclaims against Dr. Luke for emotional distress, punitive damages and legal fees. Christine Lepera, a lawyer for Dr. Luke, said she was confident that Kesha's counterclaims would ultimately be rejected. Kesha sued the producer and Sony Music in 2014 seeking to get out of a multi-album recording deal, and Dr. Luke counter-sued her for defamation. A New York state judge ruled against Kesha in 2020 and an appeals court upheld that decision in 2021.
Persons: Lukasz Gottwald, Luke, Adam Lambert, Kesha, Read, Gottwald, Michael Garcia, Kesha Rose Sebert, Christine Lepera, Dr, Lepera, Sebert, Kesha's, Lady Gaga, Daniel Wiessner, Alexia Garamfalvi, Lisa Shumaker Organizations: ASCAP, American Society of Composers, New, Sony Music, Thomson Locations: Hollywood , California, U.S, New York, York, Albany , New York
A deliberate explosion inside the Kakhovka dam, on the front line of the war in Ukraine, most likely caused its collapse on Tuesday, according to engineering and munitions experts, who said that structural failure or an attack from outside the dam were possible but less plausible explanations. Ukrainian officials blamed Russia for the failure, noting that Moscow’s military forces — which have repeatedly struck Ukrainian infrastructure since invading last year — controlled the dam spanning the Dnipro River in the city of Nova Kakhovka, putting them in a position to detonate explosives from within. Russian officials, in turn, blamed Ukraine, but did not elaborate on how it might have been done. For months, each side in the war has repeatedly accused the other of plotting to sabotage the hydroelectric dam, without offering evidence — allegations that rarely rose above the wartime fog of claims and counterclaims, both real and fabricated. Just last week, both said an attack on the dam was imminent; Ukrainian officials said the Russians wanted to create an emergency at the Zaporizhzhia Nuclear Power Plant, which uses river water for cooling, to stall an expected Ukrainian offensive.
Organizations: Nova Kakhovka Locations: Ukraine, Russia, Dnipro, Nova
A lawsuit against Rudy Giuliani claims he made lewd remarks about Nancy Pelosi and Hillary Clinton. The suit, which accuses Giuliani of sexual assault, also claims he made racist and homophobic comments. Among the women the lawsuit says he discussed in sexual terms were former Secretary of State Hillary Clinton, Rep. Nancy Pelosi, and Sen. Elizabeth Warren. "If my life depended on it, if I had to make love to Nancy Pelosi, I couldn't do it. The lawsuit claimed Giuliani also "demeaned and sexualized Hillary Clinton and mocked her body."
A civil lawsuit filed Monday accuses Rudy Giuliani of sexual assault against a former employee. The lawsuit claims Giuliani discussed fantasizing about a young staffer in a recorded conversation. Dunphy claimed Giuliani demanded she perform oral sex while he made calls on speaker phone, including to then-President Donald Trump. In one conversation in November 2019, Giuliani told Dunphy he was in love with three or four women and that he had "a certain sexual attraction to" his 20-year-old staffer Christianne Allen, the lawsuit claimed. Giuliani told Dunphy he had fantasized about Allen and kissed her on the lips but that he did not "consummate" the relationship, according to the lawsuit.
On Monday, Rudy Giuliani was hit with a bombshell rape civil lawsuit filed by a former staffer. The staffer alleged in the suit that Giuliani asked if she knew anyone who wanted to buy a presidential pardon. The suit says Giuliani said he was selling them for $2 million, splitting the profit with Trump. As of 2022, the office has a backlog of more than 17,000 pending applications for pardons, Bloomberg reported. Compared to former President Barack Obama's more than 1,300 clemency grants, Trump pardoned or commuted the sentences of 240 people while in office.
Noelle Dunphy says she agreed to work for Giuliani when he promised a $1 million salary and free legal help. At the time, Dunphy was embroiled in a messy court battle with a wealthy, "abusive" ex, court papers state. "Rather, Ms. Dunphy would come to understand that Giuliani was aroused by discussing her sexual history and violent relationships. But Giuliani was slinging insults at her on Twitter and had revealed her true name in connection with the case, Dunphy alleged. Giuliani took advantage of Dunphy's legal troubles, her lawsuit allegesFar from helping Dunphy with her legal morass, Giuliani "abused his position as Ms. Dunphy's lawyer to pressure her into sex," her lawsuit claims.
Rudy Giuliani told an employee not to talk to the FBI and delete her messages with him, according to a lawsuit. He then asked for her help "Googling information about obstruction of justice," the lawsuit says. According to the lawsuit, around May 2019, Giuliani told Dunphy to delete her messages with him. "You've got to be smart enough to know what I have just said," Giuliani told her, according to the lawsuit. "Giuliani asked Ms. Dunphy for help in Googling information about obstruction of justice, among other topics," the lawsuit says.
JPMorgan had sued Javice and Olivier Amar, who was Frank's chief growth officer, in Delaware federal court in December. The OCC audit was scheduled before JPMorgan's lawsuit, the report said. Javice filed counterclaims in February, accusing JPMorgan of having "compromised her reputation" and wrongfully withheld $28 million of retention payments and equity. JPMorgan and the OCC did not immediately respond to Reuters request for comment. Reporting by Baranjot Kaur in Bengaluru; Editing by Jamie FreedOur Standards: The Thomson Reuters Trust Principles.
Companies JPMorgan Chase & Co FollowNEW YORK, April 4 (Reuters) - The U.S. government on Tuesday filed criminal charges accusing Charlie Javice, the founder of the now-shuttered college financial planning company Frank, of defrauding JPMorgan Chase & Co (JPM.N) into buying the startup for $175 million in 2021. Prosecutors said that when JPMorgan asked for a list of names, Javice paid an unnamed data science professor $18,000 to concoct a sham list of names. JPMorgan shut down Frank in January, and Chief Executive Jamie Dimon branded the acquisition a "huge mistake" in a Jan. 13 conference call with analysts. In December, JPMorgan sued Javice and Olivier Amar, who was Frank's chief growth officer, in Delaware federal court. Javice filed counterclaims in February, accusing JPMorgan of having "compromised her reputation" and wrongfully withheld $28 million of retention payments and equity.
GDANSK, Jan 17 (Reuters) - Mediation talks between Polish state-controlled utility Tauron (TPE.WA) and boiler maker Rafako (RFK.WA) regarding a power unit in Jaworzno have failed to reach a conclusion, the pair signalled on Monday. The 910 MW coal-fired unit, built for Tauron by Rafako as part of a consortium in 2020, has undergone several prolonged outages since commissioning and the parties have been arguing for months about the source of the problem. Tauron said in a statement it remained open to negotiations while Rafako said on Twitter it would submit a "last chance" proposal on Tuesday, as both sides blamed each other over the lack of progress in Monday's arbitration talks hosted by Poland' General Counsel. Tauron and Rafako last week filed counterclaims with demands for payment with regard to the Jaworzno construction deal. Reporting by Karol Badohal; Editing by Kirsten DonovanOur Standards: The Thomson Reuters Trust Principles.
"It was a complete whirlwind, and it felt too good to be true," Morrison told Insider. "Everyone is given a calendar reminder of when they have to submit a review," one former employee told Insider. Durlston told Insider she wasn't a credible source given the acrimonious nature of her departure from Durlston. "Everyone gets pretty loose at these events," a former employee told Insider, noting the availability of alcohol throughout the day. Bahram told Insider this was not a prohibition but merely a suggestion that it would not be an appropriate arrangement.
REUTERS/Carlo AllegriOct 26 (Reuters) - Brooks, the running shoe unit of billionaire Warren Buffett's Berkshire Hathaway Inc (BRKa.N), has settled a lawsuit accusing the retailer Brooks Brothers of diluting its reputation and confusing customers by marketing athletic wear with the "Brooks" name, but without "Brothers." It objected last year to Brooks Brothers' launch of "faux" athletic wear, saying it threatened to "demoralize" consumers who associate the Brooks name with high-quality athletic wear, and to Brooks Brothers' "Back to Brooks" marketing campaign. Brooks Brothers countered that the lawsuit was an "ill-conceived ploy" to evade the coexistence agreement, and demanded Brooks' compliance. Founded in 1818, Brooks Brothers is the oldest continually-operating U.S. clothing retailer. The case is Brooks Sports Inc v SPARC Group LLC, U.S. District Court, Western District of Washington, No.
[1/3] The logo of retailer Lidl is seen in Schaenis, Switzerland April 3, 2019. He said in written arguments that Lidl’s underlying case is that Tesco has “copied Lidl’s logos ... to benefit from the association with Lidl’s reputation for high quality goods sold at a low price”. Documents provided to Lidl by Tesco in the course of the litigation also show that “many of their customers believe the Tesco [Clubcard Prices] logo to be the Lidl logo”, Brandreth added. A trial of Lidl’s initial lawsuit and Tesco’s remaining counterclaims is due to be heard at the High Court in London early next year. The case is Lidl Great Britain Limited and another v Tesco Stores Limited and another, CA-2022-001407.
“It’s a mess.”Despite talking over each other regularly, neither Pritzker nor the moderators pressed Bailey on that statement. Pritzker’s extreme policies are destroying the city,” Bailey said. Pritzker, it’s time for him to own it.”Pritzker blamed the Covid-19 pandemic for a rise in crime in Chicago and nationally. At the end of the Sept. 30 quarterly reporting period, Pritzker had $42.3 million on hand after raising $80.8 million during the period and spending $38.5 million. “He’s too conservative for Illinois,” Pritzker said.
Elon Musk texted with Larry Ellison before saying his Twitter deal was on hold, per a court filing. Twitter is arguing Musk's legal team is withholding text messages it subpoenaed related to the deal. Twitter subpoenaed Ellison in August, but the text messages have yet to be publicly filed. In 2018, Ellison was named to Tesla's board of directions and said he was "very close friends with Elon Musk." Twitter's legal team appears to be building a case around some of Musk's texts.
Elon Musk's legal team subpoenaed Stanford University on Wednesday in its Twitter court battle. Alex Spiro, Musk's attorney, told Insider the legal team was requesting "information regarding an email account" because "Twitter is hiding stuff." Spokespeople for Twitter and Stanford University did not respond to a request for comment ahead of publication. "As far as I know, neither does Stanford," Professor William Nix told The Stanford Daily. Most recently, Musk's legal team is attempting to amend its initial counterclaims against Twitter's lawsuit and delay the trial.
Twitter is arguing that Sacks and his companies could have key details on Elon Musk's decision to back out of his purchase. Twitter said the motion to quash the subpoenas "serves no apparent purpose beyond satisfying Sacks' desire to flip Twitter the bird." 'Off-the-cuff'In the podcast Twitter references, Sacks appears to mock the social media company's legal team. Twitter's initial subpoena referenced several of Sack's tweets, including one in which he provides a checklist for the next CEO of Twitter. Most recently, Musk's legal team is attempting to amend its initial counterclaims against Twitter's lawsuit.
A judge partially granted Elon Musk's demand for more data from Twitter on "bots." Twitter now has to give Musk's legal team information on an additional 9,000 Twitter accounts reviewed in the final quarter of last year, according to the order. Alex Spiro, a lead lawyer for Musk, said, "We look forward to reviewing the data Twitter has been hiding for many months." In his counterclaims against Twitter, Musk said the platform intentionally mislead investors regarding the company's prospects by "miscounting" the number of spam accounts on the site. In one, she rejected his position that the independent data analysts he used to analyze the previous Twitter data he had should be protected from discovery.
Last week Musk's attorneys demanded that documents from 22 Twitter employees be handed over. Judge Kathleen St. Jude McCormick on Monday ordered Twitter to comply in part with a motion to compel from Musk's attorneys. They requested documents from 22 additional Twitter employees they said had information on the company's process of analyzing spam or "bot" accounts. Musk's motion to compel for the additional documentation was filed last week confidentially, which means it doesn't appear on the court's docket. While Musk's attorneys pushed for document production from many additional Twitter employees, McCormick relented only on Beykpour.
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