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Calif. analyst pleads guilty in NY insider case
Class Action |
2013/11/08 14:05
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A California financial analyst has pleaded guilty in New York, admitting he provided insider tips to an SAC Capital portfolio manager.
Sandeep Aggarwal admitted Friday that he provided the tips to the SAC employee and others about a blockbuster deal between Microsoft Corp. and Yahoo Inc. Investigators say the information pertained to a secret, pending search engine advertising partnership between the companies.
Aggarwal has pleaded guilty to conspiracy to commit securities fraud and securities fraud in Manhattan in a cooperation deal. The 40-year-old was arrested in July in San Jose, Calif.
Authorities say they had wiretap evidence from 2009.
Aggarwal told a magistrate judge he provided the tips to boost his standing as an analyst. He says he is "extremely sorry." |
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Anti-whaling activist to testify in US court
Patent Law |
2013/11/08 14:05
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A fugitive anti-whaling activist known for confronting Japanese whaling vessels off Antarctica is due to testify about his actions in a U.S. court Wednesday.
Paul Watson, founder of the Oregon-based Sea Shepherd Conservation Society, is expected to take the witness stand in a contempt of court hearing in Seattle.
The Japanese whalers argue that the organization 10 times violated an order barring its vessels from attacking or coming within 500 yards of the whaling ships. They've asked the 9th U.S. Circuit Court of Appeals to impose fines of $100,000 for each violation, though they suggested the court waive those fines as long as the protesters stop confronting their ships.
The case is part of a long-running fight between the protesters and Japan's whaling fleet, which kills up to 1,000 whales a year, as allowed by the International Whaling Commission.
Japan is permitted to hunt the animals as long as they are killed for research and not commercial purposes, but whale meat not used for study is sold as food in Japan. Critics say that's the real reason for the hunts.
For several years, Sea Shepherd operated anti-whaling campaigns in the Southern Ocean. Activists aboard its vessels would hurl acid and smoke bombs at the whalers and drag ropes in the water to damage their propellers. |
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Appeals court to review approval of BP settlement
Breaking Legal News |
2013/11/04 12:25
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A year ago, lawyers for BP and Gulf Coast residents and businesses took turns urging a federal judge to approve their settlement for compensating victims of the company's massive 2010 oil spill.
On Monday, however, the one-time allies will be at odds when an appeals court hears objections to the multibillion-dollar deal. That's because several months after U.S. District Judge Carl Barbier approved the settlement, BP started complaining that the judge and court-appointed claims administrator were misinterpreting it. The London-based oil giant is worried it could be forced to pay billions of dollars more for bogus or inflated claims by businesses.
Plaintiffs' attorneys who brokered the deal want the 5th U.S. Circuit Court of Appeals to uphold the class-action settlement.
As of Friday, payments have been made to more than 38,000 people and businesses for an estimated $3.7 billion. Tens of thousands more could file claims in the coming months.
The settlement doesn't have a cap, but BP initially estimated that it would pay roughly $7.8 billion to resolve the claims. Later, as it started to challenge the business payouts, the company said it no longer could give a reliable estimate for how much the deal will cost.
The dispute centers on money for businesses, not individuals. Awards are based on a comparison of revenues and expenses before and after the spill. BP says a "policy decision" that claims administrator Patrick Juneau announced in January has allowed businesses to manipulate those figures in a way that leads to errors in calculating their actual lost profits. |
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Court-martial date set in Naval Academy case
Legal Spotlight |
2013/11/04 12:25
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A court-martial has been scheduled for February for a U.S. Naval Academy student accused of aggravated sexual assault.
Midshipman Josh Tate appeared at an arraignment Monday at the Washington Navy Yard.
The court-martial is scheduled to begin Feb. 10. The case stems from an April 2012 party at an off-campus house in Annapolis. The alleged victim had been drinking heavily and has testified that she cannot remember having sex with Tate.
Another student also faces a separate court-martial in the case. It is scheduled for Jan. 27. Midshipman Eric Graham is charged with abusive sexual contact.
If you are facing trial by court-martial, you also have the right to hire an experienced civilian defense attorney to represent and defend you. It is your career and future that is at stake and it is important that you have an experienced attorney who will advocate aggressively on your behalf. Please contact Las Vegas Military Defense Attorneys. |
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Mavroudis & Guarino, LLC. - Essex County Real Estate Lawyers
Law Center |
2013/11/02 14:51
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Essex County Real Estate Lawyers makes up the team for The Mavroudis & Guarino, LLC. Our talented teams offers the highest quality counseling in the the area of Westchester County. While many law offices offer complex real estate services, the M&G difference is that we are not just attorneys, but established real estate professionals.
Our Real Estate Practice Group Chair, John M. Mavroudis, has developed over $1 billion dollars worth of commercial and residential real estate as founder, owner and Chief Executive Officer of Rio Vista, a prominent real estate development, construction and realty services company. Our lawyers have many years of skill and knowledge in a wide range of matters including regional and local office, retail, industrial and residential developments, home building, real estate brokerage, and other types of residential, industrial and commercial ventures.
Many representative cases have been the subject of reported decisions. M&G law firm offers personalized real estate representation from the most basic transaction such as buying or selling a home to the most complex; restructuring a multimillion dollar development. We can be the real estate attorneys for you, don't hesitate to contact our talented team today! |
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The Law Offices of Tenecia P. Reid, PLLC
Business |
2013/11/01 14:51
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The Law Offices of Tenecia P. Reid, located in Northern Virginia and is here to provide you the best legal service to you and your loved one. With years of experience in divorce cases and family matters, Tenecia is both strategic and aggressive. We will give you an honest assessment of your situation and together discuss the ways we could help achieve the goals and outcomes you want.
Specializing in family law for her entire career, Attorney Tenecia P. Reid stands ready to skillfully guide you through the divorce litigation process.
Divorce litigation can be frustrating, confusing, and emotional, so it is imperative to have an attorney who both listens and treats you with respect as you face major life decisions. Widely experienced, Attorney Reid has negotiated and litigated cases that include complex marital assets, tax issues, business valuations, underwater joint mortgages, adultery, abuse, protective orders, and bankruptcy issues.
Attorney Reid is also intimately familiar with the laws governing fault-based divorce cases, and can help you to determine whether you have one or more fault grounds against your spouse and how you may prove them.
Ms. Reid will be able to confidently assess your case and situation to help you obtain the best possible results. Don't hesitate to call today! |
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Ride Operator Due in Court Over NC Fair Injuries
Bankruptcy |
2013/10/29 11:32
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A ride operator is due in court Monday to face criminal charges after five people were injured at the North Carolina State Fair.
Ride operator Timothy Dwayne Tutterrow, 46, of Quitman, Ga., faces three criminal counts of assault with a deadly weapon in the mishap. Tutterrow was being held in jail Sunday on $225,000 bond and due in court Monday for a first appearance. His attorney says he's devastated.
Three people injured on the ride were in a Raleigh hospital on Sunday. On Thursday, the "Vortex" ride suddenly jolted into gear as people were exiting, dropping some riders from heights that eyewitnesses estimated to be 20 or 30 feet.
Wake County Sheriff Donnie Harrison said investigators determined the Vortex had been tampered with and critical safety devices were compromised. |
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Class action or a representative action is a form of lawsuit in which a large group of people collectively bring a claim to court and/or in which a class of defendants is being sued. This form of collective lawsuit originated in the United States and is still predominantly a U.S. phenomenon, at least the U.S. variant of it. In the United States federal courts, class actions are governed by Federal Rules of Civil Procedure Rule. Since 1938, many states have adopted rules similar to the FRCP. However, some states like California have civil procedure systems which deviate significantly from the federal rules; the California Codes provide for four separate types of class actions. As a result, there are two separate treatises devoted solely to the complex topic of California class actions. Some states, such as Virginia, do not provide for any class actions, while others, such as New York, limit the types of claims that may be brought as class actions. They can construct your law firm a brand new website, lawyer website templates and help you redesign your existing law firm site to secure your place in the internet. |
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