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Thursday, April 25, 2024
DC Circ ERISA Suit

D.C. Circuit Affirms Dismissal of ERISA Suit Against Georgetown University

On a definitive Tuesday, the D.C. Circuit sustained Georgetown University's victory in a pivotal DC Circ ERISA Suit. The lawsuit accused the institution of...
Ex-Ecuador Official Guilty Of Money Laundering

Ex-Ecuador Official Guilty Of Money Laundering

In a significant legal battle, a Florida federal jury convicted Carlos Ramón Pólit Faggioni, the former comptroller of Ecuador, on charges of extensive money...
LA Bank $700K Embezzlement

3 Years In Prison For LA Bank Embezzler

Sammy Sims, the ex-chief financial officer at Eastern International Bank located in the heart of Los Angeles, might be sentenced to almost three years...
Vestar Closes $1.2B Continuation Fund

Vestar Closes $1.2B Continuation Fund

Vestar Capital Partners, a stalwart in the middle-market private equity landscape, has successfully closed a $1.2 billion single-asset continuation fund, as announced on Tuesday....
Magician $100 IRS Fraud

“The Magician” Faces IRS Fraud Charges

In a courtroom drama fit for a movie, a tax preparer from New York City, known infamously as "the magician," might have pulled his...
DOLs Final Fiduciary Regs Expand ERISAs Reach

DOL’s Final Fiduciary Regs Expand ERISA’s Reach

The U.S. Department of Labor (DOL) recently announced its final regulations, effectively expanding the scope of who qualifies as a fiduciary under the Employee...
DOL Unveils Final Overtime Rule

BREAKING: DOL Unveils Final Overtime Rule

The U.S. Department of Labor (DOL) announced a pivotal update on Tuesday with its final rule that elevates the salary threshold for overtime exemptions....
Kistos Completes £25M Buy Of EDF Unit

Kistos Completes £25M Buy Of EDF Unit

Kistos Holdings PLC announced on Tuesday the successful completion of its acquisition of EDF Energy (Gas Storage) Ltd. for £25 million, marking a significant...
KKR Pushes Smart Metering To Accept £1.3B Bid

KKR Pushes Smart Metering To Accept £1.3B Bid

Private equity behemoth KKR & Co. LP is making a decisive push for the shareholders of Smart Metering Systems PLC to accept its £1.3...

Battling the Bishop: Nuns claim an abusive father must be resisted

The serene existence of cloistered Carmelite nuns in Texas has been thrust into the public eye as the nuns continue battling the bishop. Fort...

Must Read

Did GM Illegally Share Your Driving Data with Insurance Companies? Class...

By Samuel A. Lopez, Legal Analyst, USA Herald - In a case with significant implications for data privacy in the digital age, a class-action...