Latest Corporate legal affairs News

Trump social media firm subpoened by feds, stock regulators

Jul. 01, 2022 20:12 PM EDT

NEW YORK (AP) — Donald Trump's social media company and some of its employees received subpoenas from both a federal grand jury and securities regulators, according to a public disclosure Friday, possibly delaying or even killing a deal promising a cash infusion needed to take on Twitter. ...

Prosecutor won’t sue Texas AG Paxton over Jan. 6 records

Jul. 01, 2022 20:09 PM EDT

AUSTIN, Texas (AP) — A prosecutor's office said Friday that it won't move forward with a lawsuit against Texas Attorney General Ken Paxton over his refusal to release his communications relating to his appearance at a pro-Donald Trump rally that preceded the deadly riot at the U.S. Capitol last...

WVa opioid trial verdict still pending nearly a year later

Jul. 01, 2022 10:20 AM EDT

CHARLESTON, W.Va. (AP) — Last July, a federal judge in West Virginia heard closing arguments in the first lawsuit to go to trial over the U.S. opioid addiction epidemic. With an avalanche of documents from the three-month trial, Judge David Faber didn’t indicate when he would...

US government distributes $92M for soccer corruption victims

Jun. 30, 2022 17:59 PM EDT

NEW YORK (AP) — The U.S. Justice Department has distributed about $92 million in additional compensation from money forfeited by convicted officials and associated companies resulting from the government's prosecution of corruption in soccer. The money is for compensation for...

Rhode Island man sentenced in insider trading scheme

Jun. 30, 2022 14:27 PM EDT

BOSTON (AP) — A Rhode Island man who authorities say made a more than $50,000 profit by trading shares of a Massachusetts semiconductor company based on insider information has been sentenced to a month of home detention and two years of probation. John Younis, 59, of Bristol,...

Judge lifts Trump’s contempt order after 2-month legal fight

Jun. 29, 2022 18:14 PM EDT

NEW YORK (AP) — Donald Trump is no longer in contempt of court, a New York judge ruled Wednesday. Judge Arthur Engoron, who declared the former president in contempt on April 25 for being slow to respond to a civil subpoena issued by New York’s attorney general, said he has now...

Officials sue to halt sales of ghost guns to New Yorkers

Jun. 29, 2022 15:48 PM EDT

NEW YORK (AP) — New York City and state officials announced lawsuits Wednesday against 10 sellers of gun parts that the officials said can be assembled into untraceable ghost guns and sold without background checks. State Attorney General Letitia James and New York City Mayor Eric...

Lawsuit filed by family of woman killed while parasailing

Jun. 29, 2022 08:41 AM EDT

MIAMI (AP) — The family of a 33-year-old Illinois woman who was killed while parasailing in the Florida Keys last month has filed a wrongful death and personal injury lawsuit against the boat company, attorneys said. Supraja Alaparthi was killed, her 9-year-old nephew was seriously...

Czech brewer Budvar again increases net profit amid pandemic

Jun. 29, 2022 07:13 AM EDT

PRAGUE (AP) — Budvar, the Czech brewer that has been in a long legal dispute with U.S. beer giant Anheuser-Busch over use of the Budweiser brand, increased its net profit by some 10% for the second straight year as it saw record output and exports despite the coronavirus pandemic. ...

EEOC: 2 fired for not joining company Christian prayer

Jun. 28, 2022 15:02 PM EDT

Two employees with a North Carolina company say they were fired after refusing to participate in the firm’s daily Christian prayer meetings, which they said went against their respective religious beliefs, according to a lawsuit filed by the Equal Employment Opportunity Commission. ...