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☆ Olaplex is hit with a new lawsuit as the hair care brand faces mounting scrutiny
▼ + stars: | 2022-11-23 | by ( Alex Bitter | Sindhu Sundar | ) www.businessinsider.com time to read: +7 min

Hair care brand Olaplex is facing a lawsuit over its stock price drop since its 2021 IPO. Olaplex gained popularity on TikTok and other social media as a hair care routine product. download the app Email address By clicking ‘Sign up’, you agree to receive marketing emails from Insider as well as other partner offers and accept our Terms of Service and Privacy PolicyLast fall, hair care brand Olaplex was riding high. It is seeking to represent a potential class of as many as "thousands" of investors who bought Olaplex stock after it went public, according to the complaint. The Olaplex spokesperson said that No.

☆ The notable legal clouds that continue to hang over Donald Trump
▼ + stars: | 2022-11-15 | by ( Dan Berman | ) edition.cnn.com time to read: +17 min

CNN —All eyes are on former President Donald Trump, whose third White House bid has already become mired in controversy. The Justice Department investigation continues into whether documents from the Trump White House were illegally mishandled when they were brought to Mar-a-Lago in Florida after he left office. Any unauthorized retention or destruction of White House documents could violate a criminal law that prohibits the removal or destruction of official government records, legal experts told CNN. During the panel’s hearings this summer, fingers were pointed at GOP lawmakers and Trump allies who tried to help overturn the election and Trump White House officials who failed to stop the former president’s actions. Recently, DOJ moved to compel additional testimony from former White House counsel Pat Cipollone and deputy White House counsel Patrick Philbin.

☆ Former U.N. employee sentenced to 15 years for multiple rapes
▼ + stars: | 2022-10-28 | by ( The Associated Press | ) www.nbcnews.com time to read: +6 min

The first charge to which Elkorany pleaded guilty pertained to his denial to the FBI that he raped Victim 1 after she reported it to the United Nations. When Victim 2 spoke, she said Elkorany posed as a feminist who cared about issues facing women as he preyed upon friends and acquaintances. Prosecutors said Victim 2 met Elkorany when she worked for a U.N. organization, and she was drugged and sexually assaulted on multiple occasions between 2014 and 2019 in the United States and Iraq. From October 2013 to April 2016, he worked for the United Nations Children’s Fund in Iraq, and from July 2016 to April 2018 as a U.N. communications specialist in Iraq. “The United Nations welcomes the efforts of the United States authorities in ensuring that Mr. Karim Elkorany is held to account for his criminal conduct,” he said.

☆ Palantir accused of securities fraud in class-action suit after the company did not profit from 'armed conflicts' and 'economic crises' as claimed
▼ + stars: | 2022-09-22 | by ( Caroline Haskins | ) www.businessinsider.com time to read: +4 min

A lawsuit alleges that Palantir made "materially false and misleading statements" about the company ahead of its earnings reports released May 9. The complaint says that the COVID-19 pandemic and Russo-Ukrainian War are the "destabilizing conditions" that Palantir had said would be "tailwinds for its business." A Palantir investor hit the company with a suit seeking class-action status on September 15, alleging that the software company committed securities fraud by making "materially false and misleading statements" by claiming "armed conflicts" and "economic crises" would help its business and earnings. "As a result, the Company's public statements were materially false and misleading at all relevant times," the complaint says. The law offices of Howard G. Smith also announced it was launching an "investigation" into possible violations of US securities law.

☆ October 24 trial date set for Trump Organization and its former top money man Allen Weisselberg
▼ + stars: | 2022-08-12 | by ( Laura Italiano | ) www.businessinsider.com time to read: +4 min

A Manhattan judge has set an October 24 trial date for Donald Trump's business and his former CFO. Before learning their trial date, Weisselberg and lawyers for the Trump family business first learned a string of bad, though likely expected, news. If convicted of the grand larceny charge, Weisselberg, 74, would have to serve a mandatory minimum of one year in jail; the charge allows for the unlikely maximum sentence of 15 years. Also at the prosecution table was Gary Fishman, who is leading New York Attorney General Letitia James' probe into Trump and the Trump Organization; he is cross-designated as a Manhattan prosecutor. The prosecution of Weisselberg and the Trump Organization is the only indictment to come out of Manhattan.

NEW YORK, Feb 23 (Reuters) - Two prosecutors who had been leading the Manhattan district attorney's criminal probe into former U.S. President Donald Trump and his business practices have resigned, the district attorney's office said on Wednesday. Neither the Trump Organization nor its lawyer Alan Futerfas immediately responded to requests for comment. The criminal probe resulted last July in tax fraud charges against the Trump Organization and its longtime chief financial officer, Allen Weisselberg. A new grand jury was convened in September to examine how the Trump Organization valued its assets. Pomerantz, a former federal prosecutor, had been on leave from the law firm Paul Weiss while working on the Trump probe.

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