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In exchange for executing the deed, Trump "paid significantly lower property taxes on Mar-a-Lago," Engoron said. REUTERS/Marco BelloOn the witness stand in November, mid-way through his three-month civil fraud trial, Trump obsessed over the valuation of Mar-a-Lago. Under oath, Trump griped that Mar-a-Lago was worth at least $1 billion and called the judge a "fraud" for not agreeing to that valuation. Advertisement"The fraud is on the court when you rule that Mar-a-Lago is worth $18 million," Trump said on the witness stand in November. In the trial, Trump switched back to claiming Mar-a-Lago was worth much more.
Persons: Arthur Engoron, Donald Trump, Trump, Engoron, Donald Trump's, Marco Bello, Lago, I'm, Letitia James, James, Donald Trump , Jr, Eric Trump, Allen Weisselberg Organizations: Business, Mar, FBI, Republican, Trump Organization, Trump Locations: Manhattan, Beach , Florida, Lago, Beach, DC, Palm Beach
While Trump is personally on the hook for almost $355 million of that penalty, Donald Trump, Jr., and Eric Trump must pay $4 million each. It targets his real-estate and golf resort empire, the Trump Organization, and does so in two ways that Trump has pushed against for years. AdvertisementIn a statement, a Trump Organization spokesperson decried the verdict as a "gross miscarriage of justice." Donald Trump, Jr., and Eric Trump are banned from running a New York business for two years. And it bans the two former executives, ex-CFO Allen Weisselberg and ex-Controller Jeff McConney, from controlling the finances of another New York company.
Persons: , Donald Trump's, Arthur Engoron, Trump, Donald Trump , Jr, Eric Trump, Allen Weisselberg, Letitia James, James, Judge Engoron, Donald Trump, Bernard Madoff, Read, Jeff McConney Organizations: Service, New York, Business, Trump, Trump Organization, Trump Org, New Locations: York, Trump Organization's, Manhattan, New York
The Civil Fraud Ruling on Donald Trump, Annotated
  + stars: | 2024-02-16 | by ( Kate Christobek | ) www.nytimes.com   time to read: 1 min
The Civil Fraud Ruling on Donald Trump, AnnotatedFormer President Donald J. Trump was penalized $355 million and banned for three years from serving in any top roles at a New York company, including his own, in a ruling on Friday by Justice Arthur F. Engoron. The decision comes after the state Attorney General Letitia James sued Mr. Trump, members of his family and his company in 2022. The ruling expands on Justice Engoron’s decision last fall, which found that Mr. Trump’s financial statements were filled with fraudulent claims. Mr. Trump will appeal the financial penalty and is likely to appeal other restrictions; he has already appealed last fall’s ruling. The New York Times is annotating the document.
Persons: Donald Trump, Donald J, Trump, Justice Arthur F, Letitia James, Mr, Engoron’s Organizations: The New York Times Locations: New York
NEW YORK (AP) — Donald Trump's legal debts might now exceed a half-billion dollars. The verdict in the civil fraud trial requires Trump to pay interest on some of the deal profits he has been ordered to give up. As part of Friday’s ruling, the judge also ordered both of Trump’s sons to pay $4 million apiece. Last month, he was ordered to pay nearly $400,000 in legal fees to The New York Times after suing the newspaper unsuccessfully. Under the judge's ruling Friday, Trump would still be liable to pay even if the Trump Organization declares bankruptcy.
Persons: — Donald Trump's, Trump, Jean Carroll, Carroll, Letitia James, Hillary Clinton, Will Thomas, , ” Thomas, that’s, , Daniel Weiner, Brennan, ” Weiner, We’re Organizations: Trump, New York, New York Times, New, University of Michigan, D.C, Truth, Trump’s, Commission, Trump Organization Locations: York, New York, Washington
CNN —Judge Arthur Engoron hit Donald Trump with his biggest punishment to date on Friday, in a ruling that fined the former president $355 million for fraudulently inflating the values of his properties. Combined with the $83 million judgment issued against Trump for defaming E. Jean Carroll, that means Trump has been fined roughly $438 million over the past four weeks. Engoron found that the defendants’ fraud saved them about $168 million in interest, fining Trump and his companies that amount. “Overall, Donald Trump rarely responded to the questions asked, and he frequently interjected long, irrelevant speeches on issues far beyond the scope of the trial,” Engoron wrote. properties that offered a much lower valuation than reported on Donald Trump’s financial statements.
Persons: Arthur Engoron, Donald Trump, Jean Carroll, Trump, Friday’s, Engoron, , ” Engoron, Letitia James, fining Trump, , Bernard Madoff, Alexander Pope, , Trump’s, fixer ‘, Michael Cohen’s, Cohen, “ Michael Cohen, “ Trump, Michael Cohen, – who’ve, execs Allen Weisselberg, Jeff McConney, Eric Trump’s, “ Eric Trump’s, begrudgingly ”, Eric Trump unconvincingly, Donald Trump’s, Eric, Donald Trump Jr, Ivanka Trump, , Christopher Kise, ” Kise Organizations: CNN, Trump, defaming, Trump Organization, New York, Post, Independent, , Trump Org, Independent Monitor, SFC, Washington DC, OAG, Division Locations: New York, Washington , DC, Ferry, Bronx, York, , disgorgement, Washington
Former President Donald Trump prepares to testify during his trial in New York State Supreme Court on November 06, 2023 in New York City. The ruling from Manhattan Supreme Court Judge Arthur Engoron is expected to be announced Friday afternoon. A judge could deliver a hammer blow to Donald Trump and his company when he issues a decision in the New York civil trial accusing the former president of years of business fraud. But Trump and the other defendants were found liable for fraud by Engoron before the trial even began. In a bombshell pre-trial ruling, Engoron granted summary judgment on James' main cause of action — that the defendants committed fraud in violation of New York law.
Persons: Donald Trump, Trump, E, Jean Carroll, Letitia James, Arthur Engoron, Joe Biden, vociferously, blaring, Engoron, James, Michael Cohen, Allison Greenfield Organizations: Court, Trump, New York, Manhattan, Republican, New, Trump Organization Locations: New York, New York City, New
That might seem steep in a case with no victim calling for redress and no star witness pointing the finger at Mr. Trump. But a little-known 70-year-old law made the punishment possible. The law, often referred to by its shorthand, 63(12), which stems from its place in New York’s rule book, is a regulatory bazooka for the state’s attorney general, Letitia James. In the Trump case, Ms. James accused the former president of inflating his net worth to obtain favorable loans and other financial benefits. Mr. Trump, she argued, defrauded his lenders.
Persons: Donald J, Trump, Letitia James, Martin Shkreli, James Organizations: Exxon Mobil, pharma Locations: New York, New
Donald Trump, Jr., and Eric Trump are executive vice presidents at the Trump Organization. AdvertisementSince January of 2017, Donald Trump, Jr., and Eric Trump have run their father's real-estate empire as "co-CEOs," as lawyers for New York's attorney general like to call it. "I was focused on pouring concrete," Eric Trump had said in a pre-trial deposition, during which he pleaded the Fifth some 500 times. Like his little brother, Don Trump, Jr., was guarded when called to the witness stand. In the litigation with the New York attorney general's office, Eric Trump and Donald Trump, Jr. have been primarily represented by Clifford S. Robert.
Persons: Donald Trump , Jr, Eric Trump, Don Jr, Eric, , Donald Trump Jr, Arthur Engoron, Trump, Donald Trump, KENA BETANCUR, Letitia James, Engoron, James, Andrew Amer, Amer, that's, It's, Whitley Penn, Don Trump, Jr, David Dee Delgado, Ivanka Trump, Allen Weisselberg, Jeff McConney —, Barron, Tiffany Trump, Clifford S, Robert Organizations: Trump Organization, Service, New, Trump, Getty, Locations: New York, York, AFP, Springs
Todd Blanche, the lead attorney representing Trump in the case, said that jurors should not be asked whether they believe the 2020 election — which Trump lost to now-President Joe Biden — was "stolen." Ahead of the 2016 election, Trump sought to keep Daniels — an adult film actor whose real name is Stephanie Clifford — quiet about an affair she says she had with him. It will also be the first time a former president has ever sat for a criminal trial. Blanche asked Merchan to take a fresh look at the questions jurors should be asked. AdvertisementLast year, Trump went through a three-month civil trial in Manhattan for a case brought by New York Attorney General Letitia James.
Persons: , Donald Trump, Alex Jones, Tucker Carlson, Todd Blanche, Trump, Joe Biden —, Blanche, Joshua Steinglass, Biden didn't, Steinglass, Juan Merchan, couldn't, Merchan, Attorney Alvin Bragg, Stormy Daniels, Daniels, Stephanie Clifford —, Jean Carroll, defaming, Lewis Kaplan's, Jean Carroll's, Judge Kaplan, Pres, Donald Trump winked, Jeffrey Toobin, Ben Shapiro, Sean Hannity, Jeffrey Toobin —, Susan Necheles, mutter, Carroll, Toobin, Jack Smith, Fani Willis, Smith, Letitia James, Arthur Engoron Organizations: Service, Business, Trump, New, Attorney, US, Getty, Prosecutors, New Yorker, CNN, Justice, New York, Trump Organization Locations: Manhattan, Washington, DC, Fulton County, Florida
We got a preview of this unprecedented criminal trial mixed with a presidential campaign on Thursday at a key hearing in the New York criminal case. Claiming violent crime in cites, especially those run by Democrats, is one of Trump’s favorite talking points. The idea that violent crime is at an “all-time high” is completely untrue, as CNN’s Daniel Dale wrote last October. But the judge in Manhattan has filled Trump’s calendar at the end of March, when that federal trial could theoretically have taken place. But as The New York Times notes, despite the rising number of migrants in the city, violent crime has dropped.
Persons: Donald Trump, Trump, Fani Willis, I’ve, there’s, It’s, he’s, Attorney Alvin Bragg, Karen McDougal, Michael Cohen, Stormy Daniels, Daniels, Cohen, Daniel Dale, Dale, Joe Biden’s, , Biden, Jack Smith, Bragg, Willis, There’s, Matthew Colangelo, Letitia James, Democratic Sen, Chuck Schumer, I’m, Richard Nixon, Ronald Reagan, Alexey Navalny, Vladimir Putin, ” Trump, you’re, , Nikki Haley, Haley, we’ve, let’s Organizations: CNN, New, Manhattan, Attorney, Trump, National Enquirer, American Media Inc, Enquirer, The Trump Organization, AMI, Department of Justice, New York City Police Department, Justice Department, New York, Democratic, Republican, Republicans, South Carolina Gov, GOP, Biden, New York Times, White Locations: Manhattan, New York, Georgia, Washington ,, Russia, South Carolina, Carolina, Florida, Texas, New York City,
Lawyers for New York State concluded their case against the National Rifle Association on Thursday, bringing an end to a closely watched civil showdown that accused leaders of the nation’s most prominent gun rights group of financial misconduct and corruption. Over the last six weeks, lawyers for New York’s attorney general, Letitia James, have outlined a case that paints the N.R.A. as a mismanaged organization with little fealty to its mission of defending the Second Amendment or to the gun owners who prize that right. funds to pay for private jets, luxury vacations, and the occasional spin on a superyacht. “This case is about corruption: Misuse of funds spent on jets, black cars, five-star hotels, hundreds of thousands of dollars of suits, million-dollar deals to insiders, payments to loyal board members and pervasive violations of internal controls,” Ms. Connell said to the nearly full courtroom in Manhattan.
Persons: Letitia James, Monica Connell, , Wayne LaPierre, Ms, Connell Organizations: New York State, National Rifle Association, New Locations: Manhattan
NY attorney general expands crypto lawsuit, sees $3 billion fraud
  + stars: | 2024-02-09 | by ( ) www.cnbc.com   time to read: +2 min
New York Attorney General Letitia James on Friday expanded her lawsuit against Digital Currency Group and other cryptocurrency defendants, tripling the size of their alleged fraud scheme to more than $3 billion. James had in October sued DCG, its Genesis Global Capital unit, and Gemini Trust, the exchange run by twin brothers Cameron and Tyler Winklevoss. James is seeking more than $3 billion of restitution for the more than 230,000 investors who she believes were defrauded. Representatives for DCG, Genesis and Gemini did not immediately respond to requests for comment. Gemini, meanwhile, has sued DCG over their failure of their crypto lending partnership.
Persons: Letitia James, Donald Trump, James, DCG, Cameron, Tyler Winklevoss, Gemini, Barry Silbert, Soichiro Moro, Genesis, Sam Bankman Organizations: New, Trump Organization, Court, New York, Digital Currency Group, Genesis Global, Gemini Trust, DCG, Gemini, U.S . Securities, Exchange Commission, SEC Locations: New York, Manhattan, New York City, U.S
A Trump fraud-trial witness's possible perjury should not delay a verdict, NY officials argue. They say it's "hardly surprising" if Trump co-defendant Allen Weisselberg lied on the stand. Weisselberg "lacks credibility" anyway, the officials, from the NY AG's office, wrote Wednesday. "If true, he should be held to account fully for his actions," Wallace wrote of Weisselberg. AdvertisementThe Trump defense team's response to the Weisselberg perjury matter was filed just in time for the judge's 5 p.m. Wednesday deadline.
Persons: Trump, Allen Weisselberg, , Donald Trump's, General's, Kevin Wallace, Wallace, Arthur Engoron, Engoron, Weisselberg, Letitia James, James, Alina Habba Organizations: NY, Trump, Service, New, New York, New York Times, Manhattan, Attorney's Office, Times, Attorney's Locations: New York, Manhattan
Ronna McDaniel offered to step down as RNC chair amid pressure from Donald Trump, per NYT. AdvertisementAn election denier could very well find themselves as the next Republican National Committee chair if Donald Trump gets his way. The former chairwoman of the Michigan Republican Party received Trump's support to take over as RNC chair in 2017. Under McDaniel, Trump also benefitted from the committee when it came to his legal troubles. Murray, Lindell said, "would be the best pick for the RNC chair."
Persons: Ronna McDaniel, Donald Trump, Trump, McDaniel, Mike Lindell, , Letitia James, it's, Harmeet Dhillon, Lindell, Julianne Murray, Murray, Michael Whatley, Whatley, Joe Gruters, Gruters Organizations: Fox News, RNC, Service, Republican National Committee, The New York Times, Michigan Republican Party, CNN, New, Trump, Delaware Republican Party, Business, North Carolina Republican Party, New York Times, Times, Florida GOP, Miami Herald, Republican Party, The Associated Press Locations: South Carolina, Michigan, New York, Florida
NEW YORK (AP) — Lawyers involved in Donald Trump’s civil fraud trial told the judge Wednesday they had no information to share regarding a key witness reportedly negotiating to plead guilty to perjury in connection with his testimony in the case. The New York Times reported last week that Weisselberg was in negotiations with the Manhattan district attorney’s office to plead guilty to perjury and “admit that he lied on the witness stand” when he testified at the civil fraud trial in October. Wallace urged the judge not to delay the verdict, saying that doing so “would have the perverse effect” of rewarding Weisselberg and co-defendants, including Trump, for testimony that may have been false. Court officials have said Engoron's verdict in the case, which involves allegations Trump inflated his wealth to dupe banks, insurers and others, should be ready by mid-February. “Court decisions are supposed to be made based on the evidence at trial, not on media speculation," Kise said.
Persons: Donald Trump’s, Judge Arthur Engoron, Allen Weisselberg, Weisselberg, , Alina Habba, Engoron, Habba, Kevin Wallace, Letitia James, Wallace, Trump, ” Wallace, Christopher Kise, Kise Organizations: , Trump Organization, The New York Times, Associated Press, Weisselberg, Trump Tower, Trump, , Times Locations: Manhattan, Weisselberg, New
Allen Howard Weisselberg, the former Trump Organization CFO, appears for sentencing for tax fraud scheme in New York State Supreme Court in the Manhattan borough of New York City, January 10, 2023. The New York judge set to deliver a verdict in the civil business fraud trial of Donald Trump has ordered attorneys in the case to give him details about possible perjury by former Trump Organization Chief Financial Officer Allen Weisselberg. That report, which cited people with knowledge of the matter, said that Weisselberg would have to admit that he lied during his testimony at Trump's fraud trial in Manhattan Supreme Court. Weisselberg last year spent three months at New York's notorious Rikers Island jail after pleading guilty to tax fraud in a criminal case related to his work at the Trump Organization. After his October testimony in the AG's civil fraud trial, Forbes magazine accused Weisselberg of lying under oath when he suggested he had not paid attention to the valuation of Trump's penthouse apartment.
Persons: Allen Howard Weisselberg, Donald Trump, Allen Weisselberg, Judge Arthur Engoron, Weisselberg, Letitia James, James, Trump, Engoron Organizations: Trump Organization, Court, The New, New York Times, Manhattan, Attorney's Office, New York, Times, Forbes Locations: New York, Manhattan, New York City, The New York, trier
In 2023, Save America disbursed a total of $1,303,667.11 to the law firm Troutman Pepper Hamilton Sanders, and $1,042,479 to the firm Kellogg, Hansen, Todd, Figel, & Frederick. AdvertisementBoth firms represented Ivanka Trump in New York Attorney General Letitia James's sprawling lawsuit against the Trump Organization, Donald Trump, his three eldest children, and several executives over its finances. Clifford S. Robert and Michael Farina of Robert & Robert served as their local counsel while also defending Eric Trump and Donald Trump, Jr. in the litigation. Kellogg and Figel withdrew from representing Ivanka Trump the following month as the case moved closer to trial. Ivanka Trump didn't respond to a request for comment.
Persons: , Donald Trump, Ivanka Trump, Robert, — Ivanka Trump, Eric Trump, Donald Trump , Jr, Trump, He's, Robert Maguire, Maguire, Troutman Pepper Hamilton Sanders, Kellogg, Hansen, Todd, Figel, Frederick, Ivanka, Letitia James's, Michael K, Kellogg Hansen, Reid M, Clifford S, Michael Farina, Farina, Lev Radin, Troutman Pepper, Bennett S, Moskowitz, Jeffrey Epstein's, Ketan D, Bhirud, Trump's, Arthur Engoron, Jane Rosenberg, wasn't, Moskowitz —, general's, Michael Cohen, Jared Kushner, Amalija Knavs, Robert didn't, It's, Kushner Organizations: Service, Save America PAC, Commission, Business, PAC, Trump Organization, Save, Trump, Citizens, Election Defense Fund, Ivanka Trump, New York, Pacific Press, Getty, Ivanka Trump's, New, Trump's Save America PAC, Court, REUTERS, America, MAGA PAC, Republican Locations: Washington, New, New York, DC, Manhattan, New York City, U.S, Florida, Palm Beach , Florida
Allison Greenfield, principal law clerk in Trump's NY fraud case, is hoping to be elected judge. AdvertisementDonald Trump has attacked her as a biased "co-judge—" claiming she secretly runs the show at his New York civil fraud trial — but now principal law clerk Allison Greenfield is well on her way to becoming a judge in her own right. Last week, Greenfield cleared the biggest hurdle to the Manhattan civil judgeship she seeks, when local Democratic party leaders rated her "most highly qualified." "The trial clerk in Trump's civil fraud trial, Allison Greenfield, has been viciously targeted by the MAGA crowd with vile rhetoric and death threats," Levine wrote. Advertisement"When the judge speaks, you have to stop speaking," Greenfield told Trump attorney Alina Habba early on, during a 2022 pretrial hearing.
Persons: Allison Greenfield, She's, Trump, , Donald Trump, Arthur Engoron, Greenfield, ines, J, orth, J r., ric, rump,, lina, abba, egan, ruth S ocial, huck, ike, eing, arn Organizations: Manhattan Democrats, Service, Democratic, ust Locations: Trump's NY, York, Greenfield, Manhattan
"Dear Counselors," the fraud-trial judge, state Supreme Court Justice Arthur Engoron, begins an acidly-worded email he sent Monday. After all, he notes, he is the fraud trial's "presiding magistrate, the trier of fact, and the judge of credibility." AdvertisementIn describing the potential trial monkey wrench that a Weisselberg perjury admission would be, Engoron drops some Latin. Lawyers for his co-defendants in the lawsuit — the Trump Organization, eldest sons Donald Trump, Jr. and Eric Trump, Weisselberg and another longtime Trump Org executive, Jeffrey McConney — have also denied wrongdoing. AdvertisementAttorneys for Trump and Weisselberg, and spokespersons for the AG's office and Manhattan district attorney's office, did not immediately respond to requests for comment.
Persons: , Donald Trump's, Allen Weisselberg, Arthur Engoron, William K, Rashbaum, Jonah E, Ben Protesss, Alan, Weisselberg, Trump's, Manhattan, Forbes, Engoron, Letitia James, Trump, Donald Trump , Jr, Eric Trump, Jeffrey McConney — Organizations: Service, New York Times, Trump Org, Business, Trump, Former Finance, Manhattan, Times, Penthouse, New York, Lawyers, Trump Organization, Weisselberg Locations: York, Bromwich, Manhattan, trier
The day before awarding Carroll $83.3 million in damages — Trump's penance for calling her a lying "whack job" when she told the world he'd sexually assaulted her — jurors heard, firsthand, how rich he was. AdvertisementTrump's "I'm rich" boasts hurt him in both the Carroll verdict and the upcoming fraud trial verdict, Snell said. Punitive damages in defamation cases are supposed to have a deterrent effect, to stop the defamation from happening again. AdvertisementTrump's wealth also illustrates why the jury imposed enormous punitive damages compared to the $18.3 million to compensate Carroll. The Carroll jury also heard Trump boast about the value of his "brand."
Persons: Donald Trump's, Jean Carroll, Donald Trump, Carroll, Roberta Kaplan, Trump, Letitia James, I'm, Tristan Snell, General's, Snell, Trump's, , Kaplan, J, Erik Connolly, Connolly, Stephanie Keith, There's, We've, that's, Forbes, Timothy A, Clary, didn't, Chris Mattei, Alex Jones, Mattei, Arthur Engoron, Engoron Organizations: Carroll, Trump, New York Attorney, New, New York, Trump University, Disney, Benesch, NEW, Manhattan Federal Court, E, MSNBC, Trump Organization, Forbes, Bloomberg, Getty Locations: Manhattan, Smartmatic, New York City, AFP, New York
A Make-or-Break Legal Week for Trump?
  + stars: | 2024-02-02 | by ( Lauren Camera | Feb. | At A.M. | ) www.usnews.com   time to read: +5 min
And there’s a good chance that all three legal dramas see major movement next week. New York Attorney General Letitia James is seeking a staggering $370 million penalty from Trump. Trump is already siphoning a portion of his political donations to pay legal fees associated with the 91 criminal charges filed against him in four indictments. In 2023 alone, The New York Times reported , Trump spent roughly $50 million in donor money on legal bills and investigation-related expenses. The Best Cartoons on Donald Trump View All 280 ImagesIn December, the Colorado Supreme Court found Trump ineligible to hold office under the 14th Amendment of the Constitution.
Persons: Donald Trump, Judge Arthur Engoron, Trump, Engoron, Letitia James, E, Jean Caroll ., United States ”, , , ” Trump, Mitch McConnell, impeaching Trump Organizations: New York, Trump, Republican, New York Times, Donald Trump View, Colorado Supreme, United, Amicus, New, U.S ., Appeals, Circuit, Capitol, Justice Department, Republicans Locations: Washington, Colorado, United States, New York
The results will either buttress Trump's claims of massive wealth or expose him as a poseur. The biggest potential judgment comes in the civil fraud case brought by New York Attorney General Letitia James. The court has already determined that Trump committed fraud by securing loans through false financial statements – including inflating the value of his properties. The fraud case is more complicated, experts say, since there was no clear victim identified. Judge Arthur Engoron, who will deliver the judgment on financial damages as well as the fate of Trump's businesses in New York, hasn't been sympathetic to the idea that Trump's fraud caused no harm.
Persons: Donald Trump, , Trump, E, Jean Carroll –, Laurie Levenson, Levenson, Carroll, Letitia James, Gregory Germain, Arthur Engoron, hasn't, Germain, He's, Anna Cominsky, , William Thomas, Stephen M, Thomas, James, hamstringing Trump Organizations: Trump, New, Forbes, Bloomberg, Loyola Law, New York, Syracuse University, Donald Trump View, New York University Law, Federal, Commission, America, PAC, Ross School of Business, University of Michigan Locations: New York, Engoron
Trump Civil Fraud Verdict Now Expected by Mid-February
  + stars: | 2024-02-01 | by ( Feb. | At P.M. | ) www.usnews.com   time to read: +1 min
By Jack QueenNEW YORK (Reuters) -A ruling in the New York state attorney general's $370 million civil fraud case against former U.S. president Donald Trump will not come until early to-mid February, a court spokesperson said Thursday. Trump has denied wrongdoing and called the case a political vendetta by James, an elected Democrat. Engoron previously ruled in September that Trump had engaged in fraud and ordered his business empire be partially dissolved. Closing arguments were delivered in the case on Jan. 11, with Engoron saying on that day he had hoped to issue a ruling by Jan. 31. On the day of closing arguments, Trump lashed out at the judge in the courtroom, telling him, "You have your own agenda.
Persons: Jack Queen, general's, Donald Trump, Arthur Engoron, Joe Biden, Letitia James, Trump, James, Jan, Christopher Kise, Will Dunham Organizations: Jack Queen NEW, U.S, Democratic, New York, Trump Locations: New York, New, Engoron
It is the first advertising company to reach a major settlement over the toll of opioids in the U.S. It faced a lawsuit in at least Massachusetts but settled with most states before they made court claims against it. James' office said the materials played up the abuse-deterrent properties of OxyContin and promoted increasing patients' doses. As part of the settlement, Publicis agreed to release internal documents detailing its work for Purdue and other companies that made opioids. The first began after OxyContin hit the market in 1996 and was linked mostly to prescription opioids, many of them generics.
Persons: Letitia James, Publicis, James, Bob Ferguson, Rosetta, ” Publicis, Sackler, OxyContin Organizations: Publicis, Publicis Groupe, New York, Purdue Pharma, Washington, Purdue, State Pharmacy, U.S, Supreme Locations: Paris, U.S, Massachusetts, Connecticut
Publicis, a French marketing company, agreed to pay $350 million within the next two months and will not take on any more opioid clients, according to New York Attorney General Letitia James. “For a decade, Publicis helped opioid manufacturers like Purdue Pharma convince doctors to overprescribe opioids, directly fueling the opioid crisis and causing the devastation of communities nationwide,” said James in a statement. For its alleged role in the opioid crisis, McKinsey in 2021 agreed to pay $573 million to states as part of multiple settlements. “The fight against the opioid crisis in the United States requires collaboration across industries, lawmakers, and communities, and we are committed to playing our part. Purdue Pharma first introduced the opioid drug OxyContin in the 1990s and promoted it as non-addictive.
Persons: Letitia James, Phil Weiser, Publicis, , James, ” Publicis, Sackler Organizations: New, New York CNN, Purdue Pharma’s, New York, Colorado, Purdue Pharma, McKinsey, Purdue, Centers for Disease Control, Biden, Sackler Locations: New York, French, United States
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