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Wednesday, July 24, 2024
NYC Rikers Officers OT Suit

NYC Rikers Officers OT Suit Settlement Reached

New York City has agreed to pay $6.2 million to settle a proposed collective action brought by a group of Rikers Island employees who...
Philly Charter School Embezzlement

Philly Charter School Embezzlement: Nonprofit Leader Sentenced for Theft

Abdur Rahim Islam, the head of famed R&B producer Kenny Gamble's Philadelphia-based housing and education nonprofit, was sentenced to seven years in prison on...
Menendez Convicted Of Bribery

Menendez Convicted of Bribery: A Landmark Verdict

A New York federal jury found U.S. Sen. Robert Menendez guilty on Tuesday of taking gold bars, cash, and a Mercedes-Benz as bribes from...
InterCement $1B Bankruptcy

InterCement $1B Bankruptcy Relief Amid Massive Debt Crisis

InterCement, the third-largest cement and concrete supplier in Brazil, has sought Chapter 15 recognition from a New York bankruptcy court. The company, grappling with...
ABC Trump Defamation Suit

ABC News Seeks Dismissal of Trump Defamation Suit

ABC News has urged a Florida federal judge to dismiss former President Donald Trump's defamation lawsuit against the network, arguing that statements made by...
Spectris To Buy US Rival Micromeritics

Spectris To Buy US Rival Micromeritics For $683M

Spectris announced on Tuesday that it has agreed to acquire its U.S.-based competitor, Micromeritics, in a transaction valued at up to $683 million. This...
Vitruvian Sells 3% Stake In Trustpilot

Vitruvian Sells 3% Stake In Trustpilot For £27.5M

Private equity shop Vitruvian Partners LLP announced on Tuesday the sale of a 3% stake in Danish review website Trustpilot for £27.5 million ($35.7...
BorgWarner vs Supplier

BorgWarner vs Supplier: Turbocharger Supply Chain Dispute

Auto parts manufacturer BorgWarner risks running out of an important part after its supplier allegedly wreaked havoc on the supply chain by refusing to...
Posner Staffer Suit Losses

Indiana Judge Denies Serious Sanctions in Posner Staffer Suit Losses

An Indiana federal judge declined to grant the most severe sanctions requested by retired Seventh Circuit Judge Richard Posner in his defense against a...
BMW Motorcycle Gear Display Trial

BMW Motorcycle Gear Display Trial Ends in Dismissal

BMW of North America and a customer who brought a proposed class action against the company, alleging it sold motorcycles with defective gear indicators,...

Must Read

VP Kamala Harris Now Ahead of Trump in New Poll: 44%...

In less than a week, the 2024 presidential election has taken a new turn and begun moving quickly. Within days of President Biden suspending...