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Rochdi Rais

Rochdi Rais is the Head of Growth and financial and legal writer at USA Herald. He has been writing and editing financial, legal and U.S. news for years with over +4000 articles published during his career.

PAC Treasurer Fundraising Fraud $26.4M Avoids Prison

America April 15, 2025

PAC Treasurer Avoids Prison in $26.4M Fraud Case

In a high-profile case of political fundraising fraud, Robert Piaro, 73, former treasurer of multiple political action committees (PACs), was…

By Rochdi Rais

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America April 14, 2025

Mallet Wins $7.25M Jury Verdict in Baking Chemicals Trade Secrets Case

PENNSYLVANIA — A Pittsburgh federal jury has awarded $7.25 million to Mallet & Co., a baking chemicals manufacturer, after finding…

By Rochdi Rais

SEC

America April 14, 2025

SEC Weighs Temporary Crypto Relief as Roundtable Exposes Regulatory Gaps

WASHINGTON — The U.S. Securities and Exchange Commission (SEC) may consider offering temporary regulatory relief for crypto firms as it…

By Rochdi Rais

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America April 14, 2025

Xtreme Fighting, CEO Agree to Over $1M SEC Settlement in Illegal Stock Sale Case

FLORIDA — The U.S. Securities and Exchange Commission (SEC) reached a settlement with Xtreme Fighting Championships Inc. and its CEO…

By Rochdi Rais

EU Eyes Microsoft OpenAI Stake

America April 14, 2025

OpenAI, Microsoft Push to End Elon Musk’s Lawsuit Over ChatGPT’s For-Profit Shift

CALIFORNIA — OpenAI and Microsoft are seeking to shut down Elon Musk’s lawsuit accusing them of betraying the original nonprofit…

By Rochdi Rais

AirDoctor-Review

America April 14, 2025

Ninth Circuit Revives AirDoctor’s $2.5M Damages Bid in Trademark Default Case

CALIFORNIA — The Ninth Circuit Court of Appeals has reinstated AirDoctor’s request for $2.5 million in damages against a competitor…

By Rochdi Rais

Meta US Citizens' Hiring Bias Suit

America April 14, 2025

Meta Hit With $4B Class Action Over Facebook Ad Auction Overcharges

CALIFORNIA — South Carolina-based Iron Tribe Fitness filed a proposed class action against Meta Platforms Inc. on Friday, accusing the…

By Rochdi Rais

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America April 14, 2025

Judge Orders Kellanova to Arbitrate Union’s Grievance Over Worker Promotions

MICHIGAN — A federal judge has ordered snack food giant Kellanova to enter arbitration with Bakery, Confectionery, Tobacco Workers &…

By Rochdi Rais

licensing company intel $900 million lawsuit

America April 14, 2025

Intel Sells Majority Stake in Altera to Silver Lake in $8.75B Deal

CALIFORNIA — Semiconductor giant Intel Corp. announced Monday that it will sell a 51% stake in its Altera business to…

By Rochdi Rais

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America April 14, 2025

KKR to Acquire OSTTRA From S&P Global and CME Group in $3.1B Deal

NEW YORK — Global investment firm KKR has agreed to purchase OSTTRA, a leading provider of post-trade processing solutions, from…

By Rochdi Rais

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