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Showing posts with the label Laws

Trump campaign reports raising more than $7 million after Georgia booking

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[ad_1] Former U.S. President Donald Trump speaks to the media at Atlanta Hartsfield-Jackson International Airport after surrendering at the Fulton County jail on August 24, 2023 in Atlanta, Georgia. Joe Raedle | Getty Images For  former President Donald Trump , a picture is worth... more than $7 million. Trump's campaign says he has raised $7.1 million since Thursday when he was  booked at the Fulton County Jail in Georgia  on charges that he illegally schemed to  overturn the 2020 election in the state  and became the first former president in U.S. history to ever have  a mug shot taken . Spokesman Steven Cheung said that, on Friday alone, the campaign brought in $4.18 million — its highest-grossing day to date. The record haul underscores how Trump's legal woes have been a fundraising boon for his campaign, even as his political operation  has spent tens of millions  on his defense. The mounting legal charges have also failed to dent Trump's standing in the Republica

N.J. deli stock fraud defendant renounced U.S. citizenship, prosecutors seek detention

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[ad_1] Peter Coker Jr., left, is issued search warrants from police at his villa on the southern resort island of Phuket, Thailand, Jan. 11, 2023. Crime Suppression Division, Royal Thai Police | AP NEWARK, N.J. – A former fugitive in the securities fraud case involving a New Jersey deli company once valued at $100 million renounced his U.S. citizenship in 2019, prosecutors revealed Thursday as they asked a judge to deny him bail. Peter Coker Jr. "poses a serious risk of flight, and ... there are no conditions or combination thereof that can assure his appearance at future proceedings," said the letter by the U.S. Attorney's Office to federal Magistrate Judge Edward Kiel. In the same letter, prosecutors said Coker Jr. had "stood to make tens of millions of dollars" from a hoped-for reverse merger of the deli company, which the goal of the "complex, long-term fraud' spanning at least seven years that grossly inflated its stock price. "And t

Jury rules Trump must pay E. Jean Carroll $83.3 million in damages for defamation

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[ad_1] Former U.S. President Donald Trump departs for his second civil trial after E. Jean Carroll accused Trump of raping her decades ago, outside a Trump Tower in the Manhattan borough of New York City, U.S., January 26, 2024.  Eduardo Munoz | Reuters A federal jury on Friday said that Donald Trump must pay E. Jean Carroll $83.3 million in compensatory and punitive damages for defaming her in statements he made as president when the writer said he had raped her in the 1990s. The massive verdict came less than three hours after the nine-member jury began deliberating in U.S. District Court in Manhattan following closing arguments in the trial. Trump was not in court for the verdict's reading at 4:40 p.m. ET. Judge Lewis Kaplan told jurors before their deliberations that they had to accept as facts that Trump "sexually assaulted" Carroll in the mid-1990s and defamed the writer in statements he made as president in 2019. "What remains for you to decide," Kap

$100 million New Jersey deli fugitive Peter Coker Jr. agrees to extradition to U.S. from Thailand

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[ad_1] Your Hometown Deli in Paulsboro, N.J. Google Earth A former fugitive wanted on criminal stock manipulation charges related to a money-losing New Jersey deli once valued at $100 million has agreed to be extradited from Thailand to the United States, Thai authorities said. Peter Coker Jr., 54, was arrested last week by Thai police in the resort area of Phuket, more than three months after he, his father, Peter Coker Sr., and an associate, James Patten, were indicted in New Jersey federal court. The 12-count complaint alleges financial crimes related to two publicly traded companies, Hometown International , which owned only a modest, now-closed deli in Paulsboro, New Jersey, and E-Waste , a shell company that had no assets. Coker Jr., an American who most recently was known to be living and working as a businessman in Hong Kong, is being held in a Bangkok jail for the next several weeks before his expected extradition, the Associated Press reported Friday. Thai police, in

Elon Musk seeks to end $258 billion Dogecoin lawsuit

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[ad_1] Win Mcnamee | Getty Images News | Getty Images Elon Musk asked a U.S. judge on Friday to throw out a $258 billion racketeering lawsuit accusing him of running a pyramid scheme to support the cryptocurrency Dogecoin. In an evening filing in Manhattan federal court, lawyers for Musk and his electric car company Tesla Inc called the lawsuit by Dogecoin investors a "fanciful work of fiction" over Musk's "innocuous and often silly tweets" about Dogecoin. The lawyers said the investors never explained how Musk intended to defraud anyone or what risks he concealed, and that his statements such as "Dogecoin Rulz" and "no highs, no lows, only Doge" were too vague to support a fraud claim. "There is nothing unlawful about tweeting words of support for, or funny pictures about, a legitimate cryptocurrency that continues to hold a market cap of nearly $10 billion," Musk's lawyers said. "This court should put a stop to plain

FBI finds more classified documents in search of Biden home in Delaware

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[ad_1] The FBI found more classified documents at the Wilmington, Delaware, home of President Joe Biden during a consensual search Friday that lasted nearly 13 hours, his personal lawyer and a prosecutor said Saturday evening The discovery was the fourth time since November that classified records or material has been found at a private address of Biden's. His personal lawyer Bob Bauer, in a statement, said the Department of Justice seized "six items consisting of documents with classification markings and surrounding material." Joseph D. Fitzpatrick, assistant U.S. Attorney for the Northern District of Illinois, told NBC News: "I can confirm that the FBI on Friday executed a planned, consensual search of the President's residence in Wilmington, Delaware." Some of the items dated from Biden's tenure in the Senate, where he represented Delaware from 1973 to 2009, Bauer said. And some of the items were from his tenure as vice president in the Obama a

Rep. George Santos says he won't serve on House committees while investigations are ongoing

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[ad_1] Rep. George Santos, R-N.Y., leaves a meeting of the House Republican Conference at the Capitol Hill Club on Wednesday, January 25, 2023. Tom Williams | Cq-roll Call, Inc. | Getty Images Embattled Republican Rep. George Santos of New York will not serve on the two House committees to which he was recently assigned until the investigations into his conduct end, his spokeswoman said Tuesday. This is breaking news. Please check back for updates. [ad_2] Source link https://worldnews2023.com/top-stories/rep-george-santos-says-he-wont-serve-on-house-committees-while-investigations-are-ongoing/?feed_id=207984&_unique_id=657f0e8d680ee

Supreme Court probe fails to find who leaked abortion ruling

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[ad_1] An investigation into the leak of a bombshell Supreme Court ruling overturning the federal constitutional right to abortion — weeks before it was officially released — failed to identify the culprit, the court said Thursday. The failure to find the source of the leak was yet another embarrassing development for the Supreme Court, which on Thursday called the leak "one of the worst betrayals of trust in its history" and "a grave assault on the judicial process." Politico in May reported that a leaked draft opinion written by Justice Samuel Alito showed that the Supreme Court was poised to overturn its five-decade-old ruling in the case known as Roe v. Wade, which found there was a constitutional right to abortion. In June, just as the leak report suggested, the Supreme Court in a majority opinion penned by the conservative Alito said there was no federal right to abortion. On the heels of the leak, Chief Justice John Roberts directed Gail Curley, the m

Texas House launches historic impeachment proceedings against Attorney General Ken Paxton

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[ad_1] Texas' Republican-led House of Representatives launched historic impeachment proceedings against Attorney General Ken Paxton on Saturday as Donald Trump defended the scandal-plagued GOP official from a vote that could lead to his ouster. The House convened in the afternoon to debate whether to impeach and suspend Paxton over allegations of bribery, abuse of public trust and that he is unfit for office — just some of the accusations that have trailed Texas' top lawyer for most of his three terms. The hearing sets up what could be a remarkably sudden downfall for one of the GOP's most prominent legal combatants, who in 2020 asked the U.S. Supreme Court to overturn President Joe Biden's electoral defeat of Trump. Only two officials in Texas' nearly 200-year history have been impeached. Paxton, 60, has decried what he called "political theater" based on "hearsay and gossip, parroting long-disproven claims," and said it's an attempt to

U.S. bankruptcy judge halts 40,000 Johnson & Johnson talc and cancer lawsuits

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[ad_1] In this photo illustration, a container of Johnson and Johnson baby powder is displayed on April 05, 2023 in San Anselmo, California. Justin Sullivan | Getty Images A federal bankruptcy judge on Thursday halted roughly 40,000 lawsuits that allege Johnson & Johnson 's baby powder and other talc products caused cancer . The decision is part of J&J's second attempt to settle thousands of talc cases in bankruptcy proceedings. J&J in 2021 spun off its subsidiary, LTL Management, to carry its talc-related liabilities and file for Chapter 11 bankruptcy protections.  Judge Michael Kaplan during a hearing Thursday in U.S. Bankruptcy Court in Trenton, New Jersey, put a temporary hold on the suits that will last through mid-June, The Wall Street Journal reported . J&J won't have to go to trial over any other talc claims during the pause, but new lawsuits can still be filed against the company, The Journal reported. Kaplan said during the hearing that J&a

Here's why we're bullish on this mega-cap stock and cautious on this health name

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[ad_1] Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. ET. Here's a recap of Monday's key moments. Earnings and inflation Watch J & J Strong outlook for Meta 1. Earnings and inflation U.S. stocks edged higher Monday, with the Dow jumping over 150 points, rallying after a tough week for the major Wall Street gauges. We're looking ahead to second-quarter earnings Friday, kicking off with financials like Club holding Wells Fargo (WFC). Consumer price index (CPI) data will be released Wednesday, which will give the market a better read on the inflation situation. Overall, there's a lot of uncertainty for the U.S. economy as inflation stays high and the Federal Reserve mulls over further monetary tightening in order to cool a resilient labor market. 2. Watch J & J We're watching for closing arguments in a talc lawsuit against Johnson & Johnson (JNJ) brought by a 24-year-old in California