Law related news.
DALLAS (AP) — Boeing will not face a criminal conspiracy charge due to two 737 Max jetliner crashes that killed 346 people, after a federal judge in Texas last week granted the federal government’s request to dismiss the case. As part of a deal to drop the charge, the American aerospace company has agreed to [...]
A federal court judge is allowing the Trump administration to reconsider a federal permit that was granted to a Massachusetts offshore wind farm days before the president’s inauguration. Developer SouthCoast Wind last week said it’s assessing the decision and possible next steps, including the pursuit of legal remedies. SouthCoast Wind is a project planned for [...]
NEW YORK (AP) — A top executive at a startup company that eased the process for college students applying for financial aid was sentenced last week to more than five years in prison for cheating JPMorgan Chase in a $175 million acquisition of the company four years ago. The Manhattan federal court sentencing of Olivier [...]
NEW YORK (AP) — Federal appeals court judges in Manhattan reacted skeptically this week when a lawyer for once high-flying cryptocurrency entrepreneur Sam Bankman-Fried argued that his fraud conviction was unfair and should be overturned. The attorney, Alexandra Shapiro, told a three-judge panel of the 2nd U.S. Circuit Court of Appeals that the judge at [...]
More than six years after a Boeing 737 Max jetliner crashed in Ethiopia, the first civil trial stemming from the disaster that killed all 157 people on board the plane appears poised to move forward. Boeing has settled most of the dozens of wrongful death lawsuits that families of the victims filed against the aircraft [...]
LONDON (AP) — Artificial intelligence company Stability AI mostly prevailed against Getty Images in a British court battle over intellectual property. Seattle-based Getty had accused Stability AI of infringing its copyright and trademark by scraping 12 million images from its website, without permission, to train its popular image generator, Stable Diffusion. The case at Britain’s [...]
MILAN (AP) — Italian tax police said they are seizing assets worth $1.5 billion from a Luxembourg-based holding company’s shares in spirits maker Campari Group as part of a fraud investigation. Luxembourg-based Lagfin is the controlling shareholder of Campari, which was founded in 1860 and is one of the largest players in the premium spirits [...]
Texas Attorney General Ken Paxton has accused the companies behind Tylenol of deceptively marketing the pain reliever to pregnant mothers in a lawsuit that asserted unproven claims that early exposure to acetaminophen increased risk of autism and other disorders. Paxton, an ally of President Donald Trump and a Republican candidate for U.S. Senate, announced the [...]
NEW YORK (AP) — For nearly three years, JPMorgan Chase has picking up the legal tab of Charlie Javice and Olivier Amar, the two convicted fraudsters who sold their financial aid startup Frank to the bank. The two have racked up an astronomical, nine-figure legal bill that far exceeds any reasonable amount the two may [...]
Portland Trail Blazers head coach Chauncey Billups and Miami Heat guard Terry Rozier are among 34 people charged in connection with schemes involving illegal sports betting and rigged poker games backed by the Mafia, authorities said last week. FBI Director Kash Patel and other law enforcement officials said the multiple charges involve four of the [...]