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☆ UK pension fund USS wins appeal over fossil fuel investments
▼ + stars: | 2023-07-21 | by ( ) www.reuters.com time to read: +2 min

The 82 billion-pound ($103 billion) Universities Superannuation Scheme (USS) faced legal action from two of its members over its continuing investments in coal, natural gas and petroleum. Judge Sarah Asplin said in a written ruling that the parts of the lawsuit relating to USS investments in fossil fuels were an attempt to challenge the scheme's management and investment decisions which was "bound to fail". The attempt to bring the case on behalf of USS against its directors, which has also been attempted by environmental law charity ClientEarth against Shell (SHEL.L), will be keenly watched by other pension funds and environmental groups. The two academics bringing the case, Ewan McGaughey and Neil Davies, argued that fossil fuel investments pose a "significant and increasing" financial risk to USS that its directors were not addressing. However, lawyers representing USS argued the case should be dismissed as the scheme's investments in fossil fuels have not caused any loss to USS or the two academics, which is necessary for a derivative lawsuit to proceed.

Persons: Sarah Asplin, Ewan McGaughey, Neil Davies, David Grant, –, Davies, Sam Tobin, Sarah Young, Mike Harrison Organizations: London's, Shell, McGaughey, Thomson Locations: London

☆ Trump praises 'fantastic guy' Jason Aldean after CMT pulls the country star's 'Try That in a Small Town' video
▼ + stars: | 2023-07-20 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +3 min

Trump threw his support behind country star Jason Aldean, joining a growing list of Republicans. The former president's support came after CMT pulled Aldean's "Try That In A Small Town" video. "Jason Aldean is a fantastic guy who just came out with a great new song," Trump wrote on his social media platform, Truth, early Thursday morning. According to multiple reports, CMT pulled the music video for Aldean's "Try That In A Small Town" earlier this week. "Well, try that in a small town," Aldean sings.

Persons: Trump, Jason Aldean, Aldean, Donald Trump, Jason, MAGA, Henry Choate, Ron DeSantis, Vivek Ramaswamy, Lauren Boebert, Boebert Organizations: CMT, Service, Thursday, Twitter, Las, Trump, Mar, Florida Gov, Colorado Locations: Wall, Silicon, Maury, Columbia , Tennessee, America

Adolph sued Uber in 2019, claiming the company misclassified UberEats drivers as independent contractors rather than employees, who must be reimbursed for work expenses under California law. A unique California law called the Private Attorney General Act, or PAGA, allows workers to sue for employment law violations on behalf of the state and keep one-quarter of any money they win. The California Supreme Court said nothing in that law bars workers from pursuing claims on their own behalf in arbitration while separately litigating large-scale claims in court. Michael Rubin, who represents Adolph, said the ruling could spur companies to reconsider forcing workers' claims into arbitration if large-scale PAGA lawsuits can still proceed in court. Business groups maintain that arbitration is quicker and more efficient than court, allowing workers to recoup more money.

Persons: Erik Adolph, Adolph, Uber, Theane, Michael Rubin, Rubin, Daniel Wiessner, Alison Frankel, Alexia Garamfalvi, Josie Kao Organizations: Technologies, California Supreme, Private, Supreme, Viking, Business, Trade, U.S . Chamber of Commerce, Thomson Locations: California, U.S, Albany , New York, New York

But one of these panels is expected to be tasked later this summer with deciding whether to approve indictments in the Trump investigation. If there is a true bill, that creates a criminal case,” McBurney said, explaining the grand jury process. McBurney oversaw the special grand jury that previously collected evidence in the Trump investigation. To secure an indictment in the Trump investigation, 16 of the 23 voting grand jury members would need to be present. At the same time, Trump tried to weaponize the Justice Department to help him intervene in the Georgia election.

Persons: Donald Trump, Fani Willis, Trump, White, Robert McBurney, “, …, ” McBurney, Willis, ”, McBurney, Joe Biden, Rudy Giuliani, Brian Kemp, Brad Raffensperger, Giuliani, The Trump Organizations: Atlanta CNN, Republican, Atlanta . Fulton, Trump, Fulton County Superior Court, CNN, Prosecutors, GOP, Georgia Republican, Gov, Republicans, Senate, Justice Department, Department Locations: Georgia, Atlanta ., Atlanta . Fulton County, Peach State, Fulton County, Atlanta, Fulton, “, New York, Miami

☆ Elon Musk and Mark Zuckerberg's feud is so embarrassing
▼ + stars: | 2023-07-10 | by ( Sonam Sheth | Grace Eliza Goodwin | ) www.businessinsider.com time to read: +4 min

Zuckerberg has been mocking Musk on Threads, and Musk responded by calling Zuckerberg a "cuck" and proposing a "dick measuring contest." Twitter responded with a poop emoji. Twitter executive chairman — and self-appointed "Chief Twit" — Elon Musk and Meta CEO Mark Zuckerberg are at it again. As Insider reported, Musk has replied to tweets with the word "concerning" at least 26 times. Insider reached out to Musk, Twitter, Tesla, Meta's press office, and a spokesperson at Meta.

Persons: Elon Musk, Mark Zuckerberg, Zuckerberg, Musk, Twitter, —, — Elon Musk, Wendy's, emoji, Dana White, White, Alex Spiro, Meta, Andy Stone, Semafor, — that's, Tesla Organizations: Twitter, Morning, Zuckerberg, SpaceX, The New York Times, TMZ, Italy's Ministry of Culture, Times, Meta Locations: Las Vegas

☆ Rudy Giuliani is in settlement talks with sexual abuse accuser Noelle Dunphy
▼ + stars: | 2023-07-07 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +5 min

Rudy Giuliani is in talks to settle a sexual abuse lawsuit brought by Noelle Dunphy. Katz was arguing that Giuliani shouldn't be forced to pay fees for improperly trying to move Dunphy's lawsuit from Manhattan state court to federal court. The case was sent back to New York state courtIn June, Katz tried to move the case to federal court. US District Judge Edgardo Ramos sent the case back to state court during the court conference on Friday, after Katz backtracked on the move. He told Insider that he looks "forward to prosecuting this case in New York State Court where it belongs."

Persons: Rudy Giuliani, Noelle Dunphy, Dunphy, —, Giuliani's, Adam S, Katz, Giuliani shouldn't, Justin Kelton, Kelton, Giuliani, Donald Trump, Edgardo Ramos, Katz backtracked, Ramos, I'm, Judge Ramos, Joe Biden, Jack Smith, Trump, Biden Organizations: Service, New, New York City, FBI, Court, New York, Voting Systems, Trump, Justice Locations: New York, Manhattan, Florida, New, Smartmatic, Washington, Pennsylvania

☆ A shadowy club in California recently associated with Clarence Thomas is being sued for multiple labor violations. Here's what the secret retreat is known for.
▼ + stars: | 2023-07-03 | by ( Hannah Getahun | ) www.businessinsider.com time to read: +5 min

Former workers, known as valets, are suing an elite men's club for alleged labor violations. The Bohemian Club has been associated with right-wing political figures, including Clarence Thomas. The suit names Bohemian Club treasurer William Dawson as someone who directly asked employees to "falsify payroll records." The club is also known for hosting "Lakeside Talks," where members, often those of the political elite, speak about policy ideas. The Bohemian Club and a lawyer for the plaintiffs did not immediately respond to Insider's request for comment.

Persons: Clarence Thomas, —, Harlan Crow, Thomas, valets, William Dawson, Sam Singer, Singer, Ronald Reagan, Richard Nixon, George HW Bush, Alex Jones Organizations: Bohemian, Service, GOP, Bohemian Club, Pomella, Press Democrat, Club, Grove Locations: California, Monte Rio , California, Bohemian

☆ Hans Niemann: Judge dismisses chess grandmaster’s $100 million lawsuit against Magnus Carlsen, among others, in cheating scandal
▼ + stars: | 2023-06-28 | by ( Ben Morse | ) edition.cnn.com time to read: +6 min

CNN —A US judge on Tuesday dismissed the $100 million defamation lawsuit filed by American chess grandmaster Hans Niemann against Magnus Carlsen, among others, in an alleged cheating scandal which has rocked the sport, according to court documents. Niemann’s lawsuit, which was filed in October last year, came after an alleged cheating scandal which sent shockwaves through the sport. 1 Carlsen accused Niemann of cheating at the $350,000 Sinquefield Cup in St. Louis, Missouri. In his second amendment, Niemann alleged that Carlsen paid a friend $328 (€300) to shout “Cheater Hans” from the stands at the closing ceremony of a tournament. Fewer than 0.14% of players ever cheat on the site, according to the company’s report on Niemann’s alleged behavior.

Persons: Hans Niemann, Magnus Carlsen, Audrey Fleissig, Niemann’s, Carlsen, Daniel Rensch, Nakamura, ” Niemann, “, Fleissig, Niemann, Hans Niemann’s, ” Craig Reiser, ” Nima H, Mohebbi, Jamie Wine, Magnus, Rensch –, Jose Mourinho, ”, Chess.com, –, Niemann “, Hans, Hans ”, “ We’re, Erik Allebest, Rensch, ” Chess.com Organizations: CNN, Chess.com, Louis Chess Club Locations: Missouri, St, Louis , Missouri, Warsaw, Poland, American

☆ Lordstown Motors files for bankruptcy and sues Taiwan's Foxconn
▼ + stars: | 2023-06-27 | by ( Michelle Toh | ) edition.cnn.com time to read: +5 min

CNN —Lordstown Motors filed for bankruptcy protection Tuesday, put itself up for sale, and announced a lawsuit against Foxconn, accusing its biggest shareholder and former partner of setting out to “destroy” its business. Officially called Hon Hai Technology Group, Foxconn is best known for making iPhones for Apple (AAPL), but has recently made moves toward building electric vehicles. In 2021, it purchased an Ohio factory that Lordstown Motors had itself bought from General Motors in 2019. Lordstown Motors headquarters seen in Lordstown, Ohio in 2021. As of December, Lordstown Motors had just a fraction of that headcount, with 260 full-time employees, according to its latest annual report.

Persons: CNN —, Foxconn, Edward Hightower, Lordstown, ” Foxconn, ”, “ Foxconn, Lordstown’s, Dustin Franz, It’s Organizations: CNN, CNN — Lordstown Motors, Foxconn, Hai Technology, Apple, Lordstown Motors, General Motors, Bloomberg, Getty, GM Locations: Delaware, Taipei, Ohio, Lordstown , Ohio, California, North America

☆ US climate change lawsuit seeks $50 billion, citing 2021 heat wave
▼ + stars: | 2023-06-23 | by ( Clark Mindock | ) www.reuters.com time to read: +3 min

June 22 (Reuters) - An Oregon county on Thursday sued Exxon (XOM.N), Chevron (CVX.N), other major oil and coal companies, and industry groups, seeking over $50 billion to counter the harms caused by extreme weather fueled by climate change. It said the companies and trade groups must now help pay for past and future harms from the extreme weather that has resulted, including a 2021 heat wave in the Pacific Northwest that killed dozens. The lawsuit also targets the consulting firm McKinsey, which it said advises major oil companies, including on strategies to downplay or deny the link between greenhouse gas emissions and extreme weather. Since the area normally has mild weather, the lawsuit said residents were not equipped with things like air conditioners to handle the elevated temperatures. The county said 69 people in the county died from overheating and the heat wave caused a "crushing economic burden."

Persons: Theodore Boutrous, Clark Mindock, Alexia Garamfalvi, Matthew Lewis, Diane Craft Organizations: Exxon, Chevron, American Petroleum Institute, McKinsey, U.S, U.S . Constitution, Congress, Thomson Locations: An Oregon, Multnomah County, Portland, Pacific Northwest, U.S ., U.S, United States, New York

The 8-1 ruling, written by liberal Justice Elena Kagan, upheld a lower court's decision to allow the Justice Department to toss a lawsuit against a UnitedHealth Group Inc (UNH.N) unit by a former employee named Jesse Polansky who accused it of wrongdoing. Polansky had sought to bar the department from dismissing whistleblower lawsuits filed under the False Claims Act in instances in which the government initially declined to exercise its right to take over the cases. Whistleblower cases brought under the False Claims Act resulted in $48.2 billion in recoveries from 1987 to 2021, according to Justice Department data. The Justice Department sought dismissal of Polansky's lawsuit in 2019, citing concerns including the "tremendous" burden of requests for the government to produce documents. The Supreme Court on June 1 ruled in another whistleblowers case involving the False Claims Act.

Persons: Department's, Elena Kagan, Jesse Polansky, Polansky, Polansky's, Kagan, Clarence Thomas, Donald Trump's, Nate Raymond, John Kruzel, Will Dunham Organizations: U.S, Supreme, Justice Department, Circuit, Health Resources, Conservative, Department, U.S . Chamber, Commerce, Republican, The Justice, Thomson Locations: Philadelphia, Boston, Washington

TAIPEI, June 8 (Reuters) - Taiwan's top chip design company MediaTek Inc (2454.TW) said on Thursday it will defend itself in court against accusations from Realtek (2379.TW) that it paid a company that sues over patents a "secret litigation bounty" to file meritless lawsuits. Realtek Semiconductor Corp's lawsuit, lodged in California, accuses MediaTek of conspiring with IPValue Management Inc in an effort to drive Realtek out of the market and monopolise the industry for chips used in smart televisions and set-top boxes. In a statement to the Taiwan stock exchange, MediaTek said the case was in the process of being litigated and it will submit evidence and defend itself against the accusations. It added that the litigation has no significant impact on the company. Reporting by Ben Blanchard; Editing by Christopher CushingOur Standards: The Thomson Reuters Trust Principles.

Persons: MediaTek, Ben Blanchard, Christopher Cushing Organizations: MediaTek Inc, Realtek Semiconductor, IPValue Management Inc, Thomson Locations: TAIPEI, Realtek, California, Taiwan

SummarySummary CompaniesCompanies Law Firms Realtek said MediaTek used patent lawsuits to stifle businessAccused chipmaking rival of antitrust violationsJune 6 (Reuters) - Realtek Semiconductor Corp (2379.TW) sued rival Taiwanese chipmaker MediaTek Inc (2454.TW) in Northern California federal court on Tuesday, claiming MediaTek paid a company that sues over patents a "secret litigation bounty" to file meritless lawsuits in the United States to disrupt its business. Realtek said MediaTek signed a patent licensing agreement with IPValue subsidiary Future Link Systems LLC in 2019 that included the secret "bounty" agreement. Realtek said Future Link has kept details of the agreement "buried under confidentiality obligations and protective orders." Future Link settled several other patent cases against tech companies including MediaTek competitor Amlogic soon after the ITC criticized it, Realtek said. The case is Realtek Semiconductor Corp v. MediaTek Inc, U.S. District Court for the Northern District of California, No.

Persons: Realtek, MediaTek, IPValue, Amlogic, Rudy Kim, Michael Murray, Nafeesah, Paul Hastings, Steven Baik, Blake Brittain Organizations: Realtek Semiconductor Corp, MediaTek, IPValue Management Inc, Link Systems, U.S . International Trade Commission, ITC, MediaTek Inc, Northern, Northern District of, White, Thomson Locations: Northern California, United States, West Texas, Northern District, Northern District of California, Washington

☆ Judge denies DeSantis bid to disqualify him from Disney case, but recuses himself anyway because his relative owns company's stock
▼ + stars: | 2023-06-02 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +4 min

A sign near an entrance to Walt Disney World on May 22, 2023 in Orlando, Florida. Ron DeSantis recused himself from the case Thursday, days after learning that one of his relatives owns stock in The Walt Disney Company . Judge Mark Walker made the decision to remove himself from the case despite denying DeSantis' motion for him to be disqualified. While the judge did not identify the relative by name or relationship, third-degree relatives include great-grandparents, great grandchildren, great uncles and aunts as well as first cousins. Disney's allegations make clear that this case "involves significant economic interests for its parent corporation, in which my third-degree relative owns stock," the judge wrote.

Persons: Ron DeSantis, Judge Allen Winsor, Donald Trump, Mark Walker, DeSantis, Walker, Barack Obama, —, Disney, Walt Disney, Weeks, Bob Chapek Organizations: Walt Disney World, Florida Gov, Walt Disney Company, Trump, DeSantis, United, Disney, Republican, Florida Legislature Locations: Orlando , Florida, United States, Tallahassee , Florida, Florida

☆ The judge assigned to hear Disney's lawsuit against Ron DeSantis just disqualified himself from the case because a 'third-degree' relative owns stock in the company. A Trump appointee will replace him
▼ + stars: | 2023-06-02 | by ( Kimberly Leonard | ) www.businessinsider.com time to read: +4 min

Obama-nominated Judge Mark Walker recused himself from the Disney lawsuit. The case will now go before Judge Allen Winsor, a nominee of President Donald Trump — who is challenging DeSantis for the 2024 nomination for president. Walker denied that specific request, calling it "meritless" and accusing DeSantis of "rank judge-shopping," but he still disqualified himself from hearing Disney's lawsuit over the ethical conflict. Walt Disney Co., the parent company of Walt Disney Parks and Resorts, is headquartered in Burbank, California, but the company holds powerful sway in Florida through Walt Disney World, which has roughly 70,000 employees and is the state's biggest tourist attraction. Neither a representative for the board, the governor's office, nor Disney immediately responded to a request for comment from Insider.

Persons: Obama, Mark Walker, Judge Allen Winsor, —, Ron DeSantis, Walker, Allen Winsor, Donald Trump —, Winsor, Pam Bondi, DeSantis, Barack Obama, Disney, Governor DeSantis Organizations: Disney, Trump, Service, Walt Disney Parks, Resorts, Florida Gov, Walt Disney Co, British, Court, Northern, Northern District of, Walt Disney Parks and Resorts, Walt Disney, Circuit Locations: Florida, Northern District, Northern District of Florida, Burbank , California, Central Florida

☆ Trump's lawyers can't find the classified document he talked about keeping from the White House, CNN reports
▼ + stars: | 2023-06-02 | by ( Kelly Mclaughlin | ) www.businessinsider.com time to read: +2 min

Trump's lawyers didn't find a classified document that he had said he kept from the White House, CNN reported. Sources told CNN in a report published in May that the document detailed a "potential attack on Iran." The sources told CNN that Trump's lawyers had handed over material related to the document — but not the document itself — when responding to a federal subpoena. Two people familiar with the situation also told the New York Times that Trump's lawyers were unable to find the document. In the recording, Trump acknowledged keeping the document after leaving the White House, the sources told CNN.

Persons: didn't, —, Donald Trump couldn't, Trump, James, Evan Corcoran, President Trump, Trump's Organizations: White House, CNN, Service, Privacy, White, New York Times, Trump, Department, Justice, Department of Justice, Trump's Mar Locations: Iran, Florida

☆ Trump was recorded acknowledging he kept classified doc after leaving White House
▼ + stars: | 2023-06-01 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +3 min

A recording of former President Donald Trump shows him acknowledging a document he kept after leaving the White House was classified, NBC News reported Thursday, citing a source directly familiar with the matter. Trump's remarks on that tape, recorded in 2021, indicate the document was related to Iran, NBC reported. CNN first reported Wednesday that federal prosecutors had acquired audio of Trump acknowledging he had held onto a classified document about a possible attack on Iran. A spokesman for Trump said of CNN's report, "Leaks from radical partisans behind this political persecution are designed to inflame tensions and continue the media's harassment of President Trump and his supporters." Trump is also embroiled in a Fulton County prosecutor's investigation of potential criminal interference in Georgia's 2020 election.

Persons: Donald Trump, LIV Golf, Trump, Mark Meadows, President Trump, Jack Smith, General Merrick Garland, Smith Organizations: U.S, Trump National Golf Club, D.C, White, NBC, National Archives, Records Administration, FBI, CNN, Trump, White House, U.S . Department of Justice, Republican Locations: Washington, Sterling , Virginia, Iran, Trump's Mar, Florida, Trump's Florida, Bedminster , New Jersey, Manhattan, Fulton County

CompaniesCompanies Law Firms FTX Trading Limited FollowMay 31 (Reuters) - Sam Bankman-Fried is seeking documents from a law firm that advised his defunct FTX cryptocurrency exchange, saying in a court filing that they could help him beat fraud charges. The former crypto mogul said the documents could prove that he relied on legal advice from Silicon Valley law firm Fenwick & West and did not believe he was breaking the law. Manhattan federal prosecutors must prove he knew his conduct was illegal. Bankman-Fried, the 31-year-old founder of now-defunct FTX Trading, has pleaded not guilty in Manhattan federal court to 13 counts of fraud, conspiracy, illegal campaign contributions and foreign bribery. Prosecutors allege Bankman-Fried stole billions of dollars in customer funds to plug losses in his hedge fund Alameda Research, which collapsed along with FTX last year after its risky cryptocurrency bets backfired.

Persons: Sam Bankman, Fried, Fenwick, FTX, District Judge Lewis Kaplan, ”, “ meritless ”, Palo, Jack Queen Organizations: West, Prosecutors, Alameda Research, U.S, District, Thomson Locations: Silicon Valley, Manhattan, Palo Alto , California, Bahamas

☆ Trump was recorded talking about a classified document he kept from the White House: CNN
▼ + stars: | 2023-05-31 | by ( Madison Hall | Erin Snodgrass | ) www.businessinsider.com time to read: +4 min

Federal prosecutors have obtained audio of Trump admitting he held onto classified material after leaving office, CNN reported. The classified documents detail a "potential attack on Iran," per CNN's sources. In a statement shared with Insider, a spokesperson for Trump said: "Leaks from radical partisans behind this political persecution are designed to inflame tensions and continue the media's harassment of President Trump and his supporters." "It's just more proof that when it comes to President Trump, there are absolutely no depths to which they will not sink as they pursue their witch hunts," the spokesperson said. Soon after the Wall Street Journal's report, Trump's attorneys sent US Attorney General Merrick Garland a letter requesting a meeting to discuss Smith's investigation.

Persons: Trump, Jack Smith, —, Donald Trump, Trump's, President Trump, Jack, Smith, General Merrick Garland Organizations: Trump, CNN, Trump ., Service, FBI, Trump's Mar Locations: Iran, Florida, Trump's, Bedminster , New Jersey

NEW YORK, May 29 (Reuters) - Prosecutors urged a Manhattan federal court judge on Monday to deny a request by FTX founder Sam Bankman-Fried to dismiss criminal charges accusing him of stealing billions of dollars from customers to plug losses at his hedge fund. Bankman-Fried, the 31-year-old former cryptocurrency billionaire, has pleaded not guilty to 13 counts of fraud, conspiracy, making illegal campaign contributions and foreign bribery. In a filing late Monday, prosecutors described motions to dismiss the charges as "meritless", rebutting Bankman-Fried's argument that the indictment's allegations were insufficient and legally defective. He has also argued that some of the fraud charges he faces were based on a theory that the U.S. Supreme Court invalidated on May 11. Legal experts have said Bankman-Fried faces long odds of getting the charges tossed, because prosecutors can point to tangible money that his customers lost.

☆ Her son said his stepdad was sexually abusive. A judge gave the stepdad custody anyway. Then she found the photographs.
▼ + stars: | 2023-05-18 | by ( Olivia Gentile | ) www.businessinsider.com time to read: +58 min

Robert confronted Winenger with the allegations that November, and within weeks Winenger denied the claims in family court. In a family court hearing in Vista, California, on October 28, 2021, Commissioner Patti Ratekin chastised Jill Montes for allegedly alienating her kids from her ex-husband. From a list provided by the Delaware Family Court, Kelly chose a psychologist, William Northey. Their father cited the report in asking a Delaware family court judge to order the boys to change schools. Family Court of the State of Delaware, New Castle CountyCiting the email and a subsequent report, Michael pressed Ostroski to order the transfer.

Persons: he'd, Robert, stepdad, Thomas Winenger, Winenger, Robert's, Jill Montes, Montes, Patti Ratekin, she'd, Ratekin, Richard Gardner, Gardner, Lynn Steinberg, she's, Maya, shrieks, Joan Meier, They'd, —, Meier, Tom Brenner, Paige, Maggie Shannon, Claire, Eden, Weeks, Hester Prynne, Mitra Sarkhosh, Sarkhosh, San Diego Robert, Tom Winenger, Tamatha Clemens, Miguel Alvarez, Alvarez, overreact, Alvarez didn't, Bridges, Janell Ostroski, Linda Gottlieb, Ostroski, Michael D, Ashton, Alfield Reeves, Michael, Kelly D, Kelly, who've, Randy Rand, Chris, Rand, he's, Rand isn't, Jane Shatz of, Joann Murphey, Murphey, Steinberg, Ally Toyos, Kit R, Toyos, Emily, Richard Warshak, Elizabeth Loftus, Harvey Weinstein's, Loftus, Hannah Rodriguez, Linda Gottlieb's, Gottlieb, Rodriguez, Yvonne Parnell, Brian Ludmer, Ludmer, Parnell, aren't, Daniel Barrozo, Mom, Jean Mercer, Mercer, who'd, Michael Saini, Saini, Hannah Yoon, — Ashton, Judge Ostroski, William Northey, Northey, O, Addie Asay, mistreating Ashton, Rachel Brandenburg, Brandenburg, I've, Michael's, Gardner's, Gardner dosed, Dr, Paul Fink, Fink, Warshak, William Bernet, Patrick Clancy, doesn't, She'd, Brian Fitzpatrick, Sen, Susan Rubio, Meier's, Rebecca Connolly, didn't, Connolly, Heidi Simonson, Rubio, Theresa Manzella Organizations: Investigations, San, Business, Child Welfare, of, American Psychiatric Association, World Health Organization, American Professional Society, George Washington University, Violence Law, George Washington University Law School, Columbia University, PAS, Sarkhosh, San Diego County Sheriff's Department, California Health, Welfare Agency, Psychology, Bridges, Texas, Roane, Stockton University, University of Toronto, Families, Delaware Family Court, Family, Delaware Family, Association of Family, Conciliation, Newsday, University of Texas Southwestern Medical Center, HarperCollins, Family Bridges, Vanderbilt University, Disorders, The Justice Department, WHO, of Social Welfare, Family Law, Winenger, Montes, Superior Locations: San Diego County, Vista , California, of California, Family Bridges, United States, Santa Cruz , California, Sacramento, Los Angeles, San Diego, toddlerhood, Ratekin, San, California, Eden, New Castle County , Delaware, New York, Ashton, Delaware, Jane Shatz of California, Seattle, Southern California, Texas, Kansas, Toyos, Bozeman , Montana, Family, Tampa , Florida, New, Hudson Valley, Chino , California, Wilmington , Delaware, of Delaware, New Castle County, Denver, Washington, Pennsylvania, Susan Rubio of Los Angeles County, statehouses, Watsonville , California, Santa Cruz, Michigan , Kansas, Utah, Colorado, Montana

☆ Bowlero executive publicly comments on discrimination probe for first time as bowling alley chain continues torrid growth
▼ + stars: | 2023-05-18 | by ( Gabrielle Fonrouge | In Gabrielle-Fonrouge | ) www.cnbc.com time to read: +5 min

A Bowlero executive publicly addressed the sprawling federal discrimination probe the company is facing for the first time Wednesday after it reported another quarter of what it called record-breaking growth. The question came about a week after CNBC revealed authorities want to settle the investigation for $60 million. Parker's comments mark the first time a Bowlero executive has publicly addressed the EEOC's probe, which has been ongoing since 2016. When CNBC reached out to Bowlero prior to publishing a report about the probe, the company refused to make its executives available for an interview. The case is now expected to go to court, where Bowlero could face even steeper fines, experts said previously.

Rudy Giuliani had been at the forefront of the Trump administration's response to controversies. Giuliani was once praised for leading the country through national tragedy. Now the former federal prosecutor — like Trump — has been accused of sexual assault. Top editors give you the stories you want — delivered right to your inbox each weekday. Now — like the former president he once served — Giuliani has also been accused of sexual assault.

☆ Bowlero, the public company that reimagined bowling, faces dozens of discrimination claims that the feds want to settle for $60 million
▼ + stars: | 2023-05-11 | by ( Gabrielle Fonrouge | ) www.cnbc.com time to read: +19 min

The 73 EEOC claims brought by individual former employees against the company sparked the larger pattern or practice investigation into age discrimination. Only a fraction of EEOC age discrimination complaints — 2.8% in fiscal 2021 — resulted in reasonable cause determinations, EEOC data show. It went from running six bowling alleys to 272 overnight after it acquired AMF, which was then the largest bowling company in the world and was in bankruptcy. The following year, Shannon's company acquired the Brunswick Corporation, the second-largest bowling company in the world, and changed his company's name to Bowlero. Dowe said negotiations fell apart when Bowlero countered the EEOC's $60 million settlement proposal with a proposal of $500,000.

The deal ends nearly all of the litigation brought against the tobacco giant over Juul by local government bodies and individuals across the United States. Altria expects to record a pre-tax charge of $235 million in the second quarter of 2023 and intends to exclude it from adjusted earnings per share. As of December, its share of Juul was valued at $250 million, down from $12.8 billion in 2018. They said Altria helped the strategy by letting Juul use its sales force and place its products next to Altria's on shelves. Juul previously settled most of the cases against it, paying more than $1 billion to 48 states and territories and $1.7 billion to individuals and local government entities.

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