Legal Industry February 18, 2021
RoaringKitty — Redditer Behind the GameStop Frenzy Sued over Role in GME Frenzy
Keith Gill, or “RoaringKitty” — the guy behind the GameStop frenzy (NASDAQ: GME) is facing a lawsuit from the securities…
Legal Industry February 17, 2021
Citigroup loses case for retrieving $500 million, it mistakenly wired it to Revlon
Citigroup Inc, multi-national American investment bank had lost a legal battle to recover more than $500 million. The investment bank…
Legal Industry February 14, 2021
Keith Gill and CEOs of Reddit and Robinhood to testify in a hearing
Keith Gill — a Reddit user and YouTuber who goes by the name “Roaring Kitty” drove the GameStop (NASDAQ: GME)…
Legal Industry February 13, 2021
Mark Zuckerberg and Jack Dorsey may testify before Congress in March
Facebook (NASDAQ: FB) CEO Mark Zuckerberg and Twitter (NASDAQ: TWTR) CEO Jack Dorsey are in talks with the House of…
Business
February 11, 2021
Hackers Stole $100 Million of Crypto from US Celebrities — Arrested by Europol
Europol, the European police agency, has arrested over 10 cybercriminals. The hackers obtained over $100 million in digital currencies using the SIM-swapping technique. According to…
By – Rochdi Rais
Business
February 11, 2021
Nasdaq Inc and New York Stock Exchange Sue the Securities and Exchange Comission
Nasdaq Inc and the New York Stock Exchange (NYSE) have both sued the U.S. Securities and Exchange Commission (SEC). According to the court filings, Nasdaq…
By – Rochdi Rais
Business
February 9, 2021
Robinhood sued by family over Alex Kearns suicide, thought he owed them $730,000
The parents of Alex Kearns, 20, who died by suicide last year, filed a lawsuit against Robinhood. Kearns killed himself after he saw a $730,000…
By – Rochdi Rais
California News
January 28, 2021
Judge Orders Fraudster to Jail, Return Stolen Cryptocurrency to Victims
A federal judge sentenced a cryptocurrency fraudster named Jerry Ji Guo to prison and return the funds he embezzled from his victims. Court documents showed…
By – Marivic Cabural Summers
America
January 26, 2021
BREAKING: Judge Temporarily Halts Biden’s 100-Day Deportation Moratorium
A federal judge issued a ruling temporarily halting President Joe Biden’s administration from implementing a 100-day deportation moratorium. On Friday, Texas Attorney General Ken Paxton…
By – Marivic Cabural Summers
Business
January 22, 2021
New York Ticket Brokers Sued by FTC, Faces More Than $31M Civil Penalties
Three New York-based ticket brokers are facing more than $31 million in civil penalties after the Federal Trade Commission (FTC) sued them for allegedly violating…
By – Marivic Cabural Summers
Legal Industry
May 24, 2024
FTC Presses Amazon for Antitrust Investigation Documents
The Federal Trade Commission (FTC) renewed its effort on Thursday to compel Amazon to produce documents regarding the company’s communication preservation practices. The FTC challenged Amazon’s assertion that its executives…
By – Rochdi RaisLatest news
Legal Industry
May 23, 2024
Turbulence Turmoil: How International Laws Make Compensation for Singapore Airlines Passengers a Legal Rollercoaster
Quick Hits: Compensation for passengers injured on Singapore Airlines’ turbulent flight may vary significantly based on international laws…
By Samuel Lopez
Legal Industry
May 22, 2024
PacLife Settles $15 Million Life Insurance Lawsuit: A Cautionary Tale About Premium Financing
By Samuel A. Lopez, Legal Analyst, USA Herald [Oklahoma] – In the world of life insurance, complex financial products can sometimes lead…
By Samuel Lopez
Legal Industry
May 18, 2024
$38M Verdict Against New Hampshire in Youth Center Abuse Case: Legal and Insurance Repercussions
Key Takeaways The $38 million verdict highlights the significant financial implications of state liability in abuse cases. Judge…
By Samuel Lopez
Legal Industry
May 17, 2024
Fifteen Arrested in Southern California Auto Insurance Fraud Ring: $350,000 in Claims Exposed
Quick Hits Fifteen Southern California residents charged in an auto insurance fraud ring. The fraudulent scheme involved holding…
By Samuel Lopez
Legal Industry
May 16, 2024
Financier Greg Lindberg Faces Up to 30 Years in Prison After Guilty Verdict on Bribery Charge
Quick Hits Greg Lindberg faces up to 30 years in prison after being found guilty of bribery for…
By Samuel Lopez
Legal Industry
May 15, 2024
Solar Storms: A New Threat to the Insurance Industry
Quick Hits Emerging Risks from Solar Storms: The recent X-class solar flare highlights the growing concern of geomagnetic…
By Samuel Lopez
Legal Industry
May 10, 2024
Catastrophic Solar Storm Threatens Earth: Businesses and Insurers Brace for Impact Amid Warnings of More to Come
Key Takeaways NOAA Issues Severe Geomagnetic Storm Warning: Businesses and insurers prepare for significant impacts and potential claims.…
By Samuel Lopez
Legal Industry
May 9, 2024
New York Lawsuit Exposes Flaws in Life Insurance Premium Financing
Key Takeaways: Ester and Baruch Aronson’s lawsuit against major insurers highlights potential misuse of premium financing. The case…
By Samuel Lopez
Legal Industry
May 6, 2024
Buffett Cautions on Tesla’s Self-Driving Tech Risks to Berkshire’s Insurance Business; Musk Challenges Buffett to Invest in Tesla
Key Takeaways: Elon Musk suggests that investing in Tesla is a strategic move for future-oriented investors. Warren Buffett…
By Samuel Lopez
Legal Industry
May 6, 2024
Pacific Guardian Data Breach: Unnerving Delay in Notifying Customers Raises Concerns
Key Takeaways: Pacific Guardian Life Insurance Company (PGL) experienced a data breach in September 2023 that compromised the…
By Samuel LopezPopular News
Legal Industry
January 19, 2023
Uncovering the Truth: The Price of an Insurer’s Bad Faith Actions
Legal Industry
January 20, 2025
AOC Ignites Social Media Storm on Eve of Inauguration: ‘I Don’t Celebrate Rapists’
Legal Industry
February 21, 2023
Investigative Journalist Samuel Lopez Reports on Recent Developments in Bad Faith Claims and Insurance Law
Legal Industry
April 25, 2024
Feds in Flux: Can AI Be Trusted at Trial? Panel Grapples with Regulating AI-Generated Evidence
Legal Industry
November 11, 2024
Judge Opens Discovery in High-Stakes Social Media Censorship Lawsuit Against Biden Administration
Legal Industry
March 17, 2023