A sprawling federal insider-trading prosecution took a major step forward in Boston on Monday as 15 defendants, including lawyers and financial professionals, pleaded not guilty to allegations that they participated in a long-running scheme built around confidential merger information. At the center of the case is Nicolo Nourafchan, an attorney who previously worked at several …
The U.S. Securities and Exchange Commission has moved to defend its proposed settlement with Elon Musk over his delayed disclosure of Twitter stock purchases, insisting the agreement emerged from legitimate negotiations and not from any improper arrangement between the parties. In a filing submitted to a federal court in Washington, the regulator argued that the …
SEC Pushes Back on Judgeâs Concerns, Defends Musk-X Share Disclosure Deal Read More »
New Mexicoâs legislative investigation into Jeffrey Epstein entered a more aggressive phase on Monday, with lawmakers announcing the commissionâs first round of subpoenas aimed at uncovering what happened during the financierâs decades-long presence in the state. The New Mexico Truth Commission, created earlier this year to examine Epsteinâs activities, has requested records from 14 organizations …
A federal appeals court has temporarily blocked the Pentagon from removing transgender service members from the U.S. military, delivering a significant setback to the Trump administrationâs effort to enforce a sweeping ban on transgender personnel. In a split 2-1 decision, the U.S. Court of Appeals for the District of Columbia Circuit ruled that active-duty transgender …
A controversial proposal backed by President Donald Trump to create a nearly $1.8 billion compensation fund for individuals claiming to have been targeted by alleged government misconduct has been effectively shelved after facing intense resistance from within his own party. The plan, which emerged from a settlement linked to Trump’s legal battle with the Internal …
Trump Compensation Fund Hits Wall as Republican Resistance Forces Retreat Read More »
A federal courtroom in Boston became the latest battleground over the Trump administrationâs aggressive immigration policies, as a judge questioned whether the presidentâs authority to regulate entry into the United States stretches far enough to justify a $100,000 fee on new H-1B visa applications. During a hearing on Friday, U.S. District Judge Leo Sorokin repeatedly …
Judge Presses Government Over Trumpâs $100,000 H-1B Visa Charge Read More »
A rural Kentucky school district has secured nearly $27 million in settlements from some of the worldâs largest social media companies, marking a significant development in the growing legal battle over the impact of online platforms on young users. The agreements were reached between the Breathitt County School District and the parent companies behind Instagram, …
School Districtâs Landmark Win Forces Social Media Giants Into $27 Million Settlement Read More »
A federal judge has temporarily halted the Trump administrationâs plan to establish a nearly $1.8 billion compensation fund designed for individuals who claim they were harmed by what President Donald Trump has repeatedly described as the âweaponizationâ of government institutions. The order, issued by U.S. District Judge Leonie Brinkema in Virginia, bars the administration from …
A dramatic clash over one of Washingtonâs most recognizable cultural landmarks took another turn on Friday, as President Donald Trump announced that his administration would move to hand control of the Kennedy Center back to Congress following a major courtroom defeat. The declaration came hours after a federal judge struck down efforts to rebrand the …
A political firestorm is building around President Donald Trump and a massive $1.776 billion federal settlement package that critics say could become a taxpayer-backed reward system for his allies. Yet despite the outrage, legal experts say opponents may find themselves trapped in a procedural maze with few clear exits. The controversy centers on what the …
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