DIRS.INFO The most relevant business & tech news

[1/5] Singer Ed Sheeran arrives at Manhattan Federal Court for his copyright trial in New York City, U.S., April 25, 2023. "We don't allow dancing," U.S. District Judge Louis Stanton instructed the seven-member jury. The trial is the first of three Sheeran could face from lawsuits over similarities between the two hits. Sheeran is expected to testify again later in the trial as part of the defense case. If the jury finds Sheeran liable for copyright infringement, the trial will enter a second phase to determine how much he and his labels owe in damages.

Former U.S. President Donald Trump speaks at the National Rifle Association (NRA) annual convention in Indianapolis, Indiana, U.S., April 14, 2023. CARROLL SAYS TRUMP CALLED HER 'THAT ADVICE LADY'Carroll said her encounter with Trump at the Bergdorf Goodman store occurred in late 1995 or early 1996. It also includes two other women who have accused Trump of sexual misconduct, which Trump also denies. Trump pleaded not guilty to those charges on April 4 at a New York state courthouse, a three-minute walk from Tuesday's trial. Carroll is also suing Trump for defamation after he first denied her rape claim in June 2019, when he was still president.

She told jurors they would also hear testimony from two other women who say Trump sexually assaulted them, which Trump denies. Trump's lawyer Joe Tacopina countered in his opening statement that the evidence will show the former U.S. president did not assault Carroll. Trump pleaded not guilty to 34 felony counts on April 4 at a New York state courthouse, a three-minute walk from Tuesday's trial. Trump did not attend the trial and is not required to, and according to lawyers from both sides is unlikely to testify. Carroll is also suing Trump for defamation after he first denied her rape claim in June 2019, when he was still president.

It is considered the first criminal insider trading case involving such assets. "He abused that position of trust," prosecutors said in an April 4 filing. He added that if prosecutors mention insider trading, "there is a substantial danger of undue prejudice and confusion of the jury." "Is it insider trading of anything?" "If this case sticks, there is precedent that insider trading theory can be applied to any asset class."

The district attorney, Democrat Alvin Bragg, had earlier this week appealed a lower court's ruling that the Republican-led House of Representatives committee may depose Mark Pomerantz, who led the Trump probe before resigning in February 2022. Pomerantz's testimony had been scheduled for Thursday, but the 2nd U.S. In papers filed on Friday, Jordan said the subpoena was covered by a constitutional protection for "speech or debate" in Congress. He said Pomerantz's testimony was necessary for the committee to consider possible legislation to "help protect current and former Presidents from potentially politically motivated prosecutions." Bragg has said Pomerantz's testimony could improperly reveal confidential information related to his office's probe, and that Congress did not have oversight of state-level criminal cases.

☆ Ex-prosecutor in New York Trump probe wins congressional deposition delay
▼ + stars: | 2023-04-20 | by ( Luc Cohen | Thomson Reuters | Reports On The New York Federal Courts. Previously Worked As A Correspondent In Venezuela | ) www.reuters.com time to read: +2 min

April 20 (Reuters) - Mark Pomerantz, the former prosecutor who once led the Manhattan district attorney's criminal inquiry into former U.S. President Donald Trump, on Thursday won a delay to his deposition before a Republican-led congressional committee, court records showed. The U.S. 2nd Circuit Court of Appeals on Thursday granted a temporary delay to Pomerantz's deposition to allow a three-judge panel to consider the case. Pomerantz's closed-door deposition had been scheduled for 10 a.m. EST (1400 GMT) before the Judiciary Committee. Spokespeople for the Judiciary Committee did not immediately respond to requests for comment on Thursday. Reporting by Luc Cohen in New York; editing by Diane Craft and Mark HeinrichOur Standards: The Thomson Reuters Trust Principles.

☆ Ex-prosecutor in New York Trump probe to testify in congressional deposition
▼ + stars: | 2023-04-20 | by ( Luc Cohen | Thomson Reuters | Reports On The New York Federal Courts. Previously Worked As A Correspondent In Venezuela | ) www.reuters.com time to read: +2 min

April 20 (Reuters) - Mark Pomerantz, the former prosecutor who once led the Manhattan district attorney's criminal inquiry into the business practices of ex-president Donald Trump, is set to appear for a deposition before a Republican-led congressional committee on Thursday. The subpoena came from the House Judiciary Committee, and the closed-door deposition is scheduled for 10 a.m. EST (1400 GMT) at the Rayburn House Office Building in Washington. But Jordan's lawyer countered that the committee needed Pomerantz's testimony to weigh legislation restricting what he called "politically motivated prosecutions" of presidents. But in her written ruling, she said he would be free to object and decline to answer questions if appropriate. Reporting by Luc Cohen in New York; editing by Diane Craft and Mark HeinrichOur Standards: The Thomson Reuters Trust Principles.

☆ Judge allows congressional subpoena of ex-prosecutor in Trump probe
▼ + stars: | 2023-04-19 | by ( Luc Cohen | Thomson Reuters | Reports On The New York Federal Courts. Previously Worked As A Correspondent In Venezuela | ) www.reuters.com time to read: +1 min

[1/2] New York County District Attorney Alvin Bragg speaks during a news conference at 1 Police Plaza in New York City, U.S., April 18, 2023. REUTERS/Brendan McDermid/File PhotoNEW YORK, April 19 (Reuters) - A U.S. judge said on Wednesday she would allow Congress to subpoena a former prosecutor who once led the Manhattan district attorney's criminal investigation into former U.S. President Donald Trump. Manhattan District Attorney Alvin Bragg, a Democrat, last week sued Republican Representative Jim Jordan to block a subpoena for testimony from Mark Pomerantz, a former prosecutor who once led the office's multiyear investigation of Trump. The subpoena came from the House of Representatives Judiciary Committee, which Jordan chairs. After hearing arguments in federal court in Manhattan on whether to block the subpoena, U.S. District Judge Mary Kay Vyskocil issued a written ruling approving the subpoena but encouraging the parties to reach a compromise as to how the subpoena of Pomerantz would proceed.

[1/2] New York County District Attorney Alvin Bragg speaks during a news conference at 1 Police Plaza in New York City, U.S., April 18, 2023. REUTERS/Brendan McDermid/File PhotoNEW YORK, April 19 (Reuters) - A U.S. judge on Wednesday said she would rule "promptly" in a standoff between the Manhattan prosecutor who got Donald Trump indicted and one of the former president's staunchest Republican allies in Congress. U.S. District Judge Mary Kay Vyskocil heard arguments from both sides on Wednesday in federal court in Manhattan. Bragg has called the subpoena an unconstitutional "incursion" into a state criminal case, and payback for charging Trump in the first indictment of a former U.S. president. Pomerantz urged Vyskocil to block the subpoena and said he played no role in Bragg's decision to charge Trump.

☆ Manhattan DA, Republican congressman to face off in court over subpoena in Trump case
▼ + stars: | 2023-04-19 | by ( Luc Cohen | Thomson Reuters | Reports On The New York Federal Courts. Previously Worked As A Correspondent In Venezuela | ) www.reuters.com time to read: +2 min

[1/2] New York County District Attorney Alvin Bragg speaks during a news conference at 1 Police Plaza in New York City, U.S., April 18, 2023. A hearing is scheduled for 2 p.m. EDT (1800 GMT) in federal court in Manhattan before U.S. District Judge Mary Kay Vyskocil. Bragg has called the subpoena an unconstitutional "incursion" into a state criminal case, and payback for charging Trump in the first indictment of a former U.S. president. Jordan countered that lawmakers needed Pomerantz's testimony, now scheduled for Thursday, as they weigh legislation to let presidents move state criminal actions to federal court. Pomerantz urged Vyskocil to block the subpoena and said he played no role in Bragg's decision to charge Trump.

☆ Republican US congressman asks judge to let probe into Trump case proceed
▼ + stars: | 2023-04-17 | by ( Luc Cohen | Thomson Reuters | Reports On The New York Federal Courts. Previously Worked As A Correspondent In Venezuela | ) www.reuters.com time to read: +2 min

Jordan, chairman of the House Judiciary Committee and an ally of fellow Republican Trump, made the request to U.S. District Judge Mary Kay Vyskocil two days before she is due to hold a hearing in the case in federal court in Manhattan. In a separate filing, Pomerantz urged Vyskocil to block the subpoena and said he played no role in Bragg's decision to charge Trump. Trump, who is seeking the Republican nomination for the presidency in 2024, has denied the liaison took place. Bragg has accused Jordan of impeding New York's "sovereign authority" and interfering in an ongoing criminal case. "Such legislation could help protect current and former presidents from potentially politically motivated prosecutions," Jordan's lawyers wrote in court papers.

☆ Judge rejects Trump's request to delay trial in rape accuser Carroll's lawsuit
▼ + stars: | 2023-04-17 | by ( Luc Cohen | Thomson Reuters | Reports On The New York Federal Courts. Previously Worked As A Correspondent In Venezuela | ) www.reuters.com time to read: +2 min

[1/2] U.S. President Donald Trump rape accuser E. Jean Carroll arrives for her hearing at federal court during the coronavirus disease (COVID-19) pandemic in the Manhattan borough of New York City, New York, U.S., October 21, 2020. REUTERS/Carlo Allegri/File PhotoNEW YORK, April 17 (Reuters) - A U.S. judge on Monday rejected former President Donald Trump's request to delay a scheduled April 25 trial over whether he defamed former Elle magazine columnist E. Jean Carroll by denying he raped her. Kaplan said there was no reason to assume it would be easier to seat a fair and impartial jury in May. Carroll's lawsuit stems from her alleged encounter with Trump in late 1995 or early 1996 in a Bergdorf Goodman department store in Manhattan. Reporting by Luc Cohen in New York Editing by Nick ZieminskiOur Standards: The Thomson Reuters Trust Principles.

Bragg called the subpoena part of a "campaign of intimidation" by Trump's congressional allies in response to the first-ever criminal charges against a U.S. president. Trump is seeking the Republican nomination for the presidency in 2024. Jordan has said Bragg's charges against Trump demonstrated the need to evaluate Congress' provision of federal funds to local prosecutors. Bragg has accused Republican congressmen of trying to impede New York's "sovereign authority" and interfere in an ongoing criminal case. U.S. District Judge Mary Kay Vyskocil is set to hold a hearing in the case on Wednesday in federal court in Manhattan.

☆ U.S. charges two with setting up Chinese 'secret police station' in New York
▼ + stars: | 2023-04-17 | by ( Luc Cohen | Thomson Reuters | Reports On The New York Federal Courts. Previously Worked As A Correspondent In Venezuela | ) www.reuters.com time to read: +2 min

NEW YORK, April 17 (Reuters) - U.S. law enforcement officials have arrested two New York residents for allegedly operating a Chinese "secret police station" in Manhattan's Chinatown neighborhood, the top federal prosecutor in Brooklyn said in a statement on Monday. "This prosecution reveals the Chinese government's flagrant violation of our nation's sovereignty by establishing a secret police station in the middle of New York City," Breon Peace, the top federal prosecutor in Brooklyn, said in a statement. Prosecutors said Lu in 2018 sought to persuade an individual considered a fugitive by China to return home, prosecutors said. China's government in 2022 asked Lu to help locate an individual living in California who was considered a pro-democracy activist, prosecutors said. He said the Chinese government setting up a police presence in the United States "violates sovereignty" and circumvents law enforcement cooperation.

April 14 (Reuters) - The United States has charged leaders of the Mexico-based Sinaloa Cartel with running a fentanyl trafficking operation fueled by Chinese chemical and pharmaceutical companies, U.S. Attorney General Merrick Garland said on Friday. Federal prosecutors unsealed three separate indictments charging more than two dozen defendants based in Mexico, China and Guatemala, eight of whom are in custody. Among those awaiting extradition is Ovidio Guzman Lopez, one of El Chapo's sons, who was arrested in Mexico earlier this year. Prosecutors also charged four owners of Chinese companies that allegedly provided precursor chemicals to the cartel. "The PRC government must stop the unchecked flow of fentanyl precursor chemicals that are coming out of China," he said, referring to the People's Republic of China.

Lanny Davis, a lawyer for Cohen, called Trump's lawsuit "frivolous." "Mr. Trump is once again using and abusing the judicial system as a form of harassment and intimidation against Michael Cohen," Davis said. Trump's lawsuit said Cohen wrongfully called Trump "racist" in the disbarred lawyer's 2020 book, entitled "Disloyal," and fabricated conversations with Trump from when he served as his attorney. Once known for intense loyalty to Trump, Cohen has become a harsh critic and has assisted law enforcement agencies and lawmakers investigating his former boss. Trump filed a suit against James seeking to halt her civil case, but a judge dismissed it, writing that there was "no evidence" that the investigation was undertaken in bad faith.

April 12 (Reuters) - Former U.S. President Donald Trump is suing his former lawyer Michael Cohen for more than $500 million, according to a filing in federal court in Florida on Wednesday. The lawsuit accuses Cohen of violating his attorney-client relationship with Trump by revealing his "confidences" and "spreading falsehoods" in books, podcasts and media appearances. It says Cohen wrongfully called Trump "racist" in his 2020 book, "Disloyal," and fabricated conversations with Trump. Cohen was a top executive at Trump's real estate company and then worked as his personal lawyer when Trump assumed office in 2017. Cohen in 2018 pleaded guilty to violating federal election law through the $130,000 payment to the porn star, Stormy Daniels.

Companies Deutsche Bank AG FollowNEW YORK, April 11 (Reuters) - A former Deutsche Bank AG (DBKGn.DE) investment banker has been charged in an indictment unsealed on Tuesday with misappropriating funds from investors whom he wooed with promises of big returns from cryptocurrency trading. Rashawn Russell, 27, of Brooklyn, solicited investments from friends and colleagues but used the funds for gambling and other personal expenses, federal prosecutors said. According to the indictment, Russell was an investment banker from July 2018 through November 2021 at a financial institution that was not identified in the document. His LinkedIn profile states that he became a Deutsche Bank investment banking analyst in July 2018 and was promoted to associate in July 2020. Deutsche Bank said in a statement that while it would not comment on an ongoing legal proceeding, it "regularly supports law enforcement and regulatory oversight efforts, including appropriately responding to and cooperating with authorized investigations and proceedings."

☆ Ex-Deutsche Bank investment banker charged in U.S. with crypto fraud
▼ + stars: | 2023-04-11 | by ( Luc Cohen | Thomson Reuters | Reports On The New York Federal Courts. Previously Worked As A Correspondent In Venezuela | ) www.reuters.com time to read: +2 min

NEW YORK, April 11 (Reuters) - A former Deutsche Bank AG (DBKGn.DE) investment banker has been charged in an indictment unsealed on Tuesday with misappropriating funds from investors who he wooed with promises of big returns from cryptocurrency trading. Rashawn Russell, 27, of Brooklyn, solicited investments from friends and colleagues but used the funds for gambling and other personal expenses, federal prosecutors said. According to the indictment, Russell was an investment banker from July 2018 through November 2021 at a financial institution that was not identified in the document. His LinkedIn profile states that he became a Deutsche Bank investment banking analyst in July 2018 and was promoted to associate in July 2020. U.S. prosecutors and regulators have been working to crack down on fraud involving digital assets.

[1/2] U.S. Rep. Jim Jordan (R-OH) is asked questions by a journalist as he walks to the House Chamber at the U.S. Capitol building in Washington, U.S., January 25, 2023. REUTERS/Leah MillisNEW YORK, April 11 (Reuters) - Manhattan District Attorney Alvin Bragg on Tuesday sued Republican U.S. Representative Jim Jordan to stop what Bragg called an "unconstitutional attack" on the ongoing criminal prosecution of former President Donald Trump in New York. The lawsuit aims to block a subpoena of Mark Pomerantz, a former prosecutor who had led the Manhattan district attorney's investigation of Trump. The subpoena, issued last week by the House of Representatives Judiciary Committee, which Jordan chairs, seeks Pomerantz's appearance before the committee for a deposition. Reporting by Luc Cohen in New York and Kanishka Singh in Washington; editing by Doina Chiacu and Leslie AdlerOur Standards: The Thomson Reuters Trust Principles.

☆ Republican House chairman subpoenas former prosecutor Pomerantz in Trump probe
▼ + stars: | 2023-04-06 | by ( ) www.reuters.com time to read: +2 min

WASHINGTON, April 6 (Reuters) - Jim Jordan, the Republican chair of the U.S. House of Representatives Judiciary Committee, on Thursday issued a subpoena to Mark Pomerantz, a former prosecutor who led the Manhattan district attorney's investigation of Donald Trump. Bragg told reporters Tuesday the charges were part of the office's history of "vigorously enforcing white collar crime." Pomerantz, who left the office early last year, did not immediately respond to a request for comment. He previously led a sprawling probe into Trump's business practices but he resigned shortly after Bragg, a Democrat, took office in 2022 and declined to pursue an indictment of Trump based on that probe. "Pomerantz's public statements about the investigation strongly suggest that Bragg's prosecution of President Trump is politically motivated," Jordan said in a statement on Thursday.

Prosecutor Chris Conroy said: "The defendant Donald J. Trump falsified New York business records in order to conceal an illegal conspiracy to undermine the integrity of the 2016 presidential election and other violations of election laws." SOCIAL MEDIA POSTSProsecutors during the arraignment said Trump made a series of social media posts, including one threatening "death and destruction" if he was charged. "They can't beat us at the ballot box so they try to beat us through the law," Trump said. The false records included invoices from Cohen, entries in a ledger for Trump maintained by the Trump Organization, and check stubs, according to the indictment. "Under New York state law, it is a felony to falsify business records with intent to defraud and intent to conceal another crime.

NEW YORK, April 4 (Reuters) - The Manhattan District Attorney's office on Tuesday unveiled charges against Donald Trump over hush money payments to suppress accounts of his alleged extramarital affairs, becoming the first former U.S. president to face criminal charges. Below is an explanation of the charges he faces and his possible defenses:WHAT IS TRUMP ACCUSED OF DOING? During the campaign, Trump's former personal lawyer, Michael Cohen, paid porn star Stormy Daniels $130,000 to for her silence on an affair she says she had with Trump. Trump denies the allegations and the affairs but has admitted to reimbursing Cohen for his payment to Daniels. Joseph Tacopina, a lawyer for Trump, has argued in television interviews that Trump was a victim of extortion by Daniels.

Cohen pleaded guilty to violating federal campaign finance law in 2018 over the payment to Daniels, though Trump was not charged with a crime then. It is unclear what additional evidence, if any, Bragg may have presented to the grand jury in support of the indictment. Bragg told reporters on Tuesday that the law does not require his office to specify the underlying crimes in the indictment. That could help Bragg's office demonstrate to a jury Trump intended to commit a crime, other legal experts said. The indictment also left some lingering doubts as to how prosecutors would prove Trump intended to commit a crime.

AUGUST 2018Cohen pleads guilty to criminal charges in Manhattan federal court, including campaign finance violations over the hush money payments. DECEMBER 2018Trump, on Twitter, calls the hush money payments a "simple private transaction." Trump himself is not charged with a crime, and the indictment contains no references to hush money payments. JANUARY 2023Bragg's office begins presenting evidence about Trump's alleged role in the 2016 hush money payments to a grand jury. APRIL 3, 2023Trump arrives in New York from his home in Florida to face charges arising from the hush money investigation.

Search resuls for: "Luc Cohen"

25 mentions found