Hong Kong Inside Traders Pay $14 Million
WASHINGTON (CN) - Hong-Kong based Well Advantage will pay $14.2 million to settle inside-trading charges - twice the amount of its ill-gotten gains, the SEC said Thursday. Well Advantage...
View ArticleThe Daily News
MANHATTAN - Professional photographer Helayne Seidman claims the New York Daily News published two of her copyrighted photos without consent, in Federal Court.
View ArticlePrison Terms for Investment Scam
(CN) - Three owners of Nebraska-based First Americans Insurance Services were sentenced to years in federal prison Thursday for a $16.6 million investment scam, federal prosecutors said....
View ArticleShareholder Class Action
SAN MATEO, Calif. - Versant is selling itself too cheaply through an unfair process to Unicom, for $32 million or $11.50 a share, shareholders say in a class action in San Mateo County Court.
View ArticleOld-Timers Get 11 Years for Stuffing Ruse
(CN) - An elderly Arkansas couple was sentenced to 11 years in federal prison for a work-at-home scam that defrauded 21,000 victims of $4 million, federal prosecutors said. Sharon Henningsen, 68,...
View ArticleFreedom From Religion
FORT WAYNE, Ind. - The Southwest Allen Schools superintendent regularly lets a pastor proselytize children in the lunchroom, parents of a student at Summit Middle School say in a constitutional...
View ArticleEU Slams Marketers That Tout Pricey Prizes
(CN) - Marketers that tell consumers they have "won" a prize, but require payment to transmit the winnings, violate European law, the EU Court of Justice said Thursday. The United Kingdom's...
View ArticleDisabled Prisoner Class Certified to Sue LA
LOS ANGELES (CN) - A federal judge certified a class complaining over allegedly poor conditions for disabled inmates in Los Angeles County jails. The class, certified by U.S. District Judge...
View ArticleSEC Proposes Rules for Swap Dealers
MANHATTAN (CN) - The Securities and Exchange Commission voted to propose new capital, margin and segregation requirements for security-based swap dealers to comply with Dodd-Frank protections, the...
View ArticlePennsylvania May Name 2012 'Year of the Bible'
(CN) - Three Pennsylvania legislators have immunity from claims by the Freedom from Religion Foundation over the naming of 2012 as the "Year of the Bible," a federal judge ruled. In November...
View ArticleCar Dealership Can't Prove Newsday Libeled It
(CN) - Newsday did not defame a New York car dealership by allegedly implying that it took advantage of a disabled person, a state appeals court ruled. Hustedt Chevrolet sued the newspaper for...
View ArticleFood-Based Biofuels Left in the Dust of New Plan
(CN) - European regulators said they plan to move away from food-based biofuels in favor of alternatives that have less impact on land and global food production. As part of its 2009 Renewable...
View ArticleDallas Woman Sees Dead Voters
DALLAS (CN) - Two weeks after Texas settled a lawsuit for removing from voting rolls citizens the state called "potentially dead," a woman has gone to court to demand that Dallas County remove...
View ArticleFive Framed Teens Spent 19 Years in Prison
CHICAGO (CN) - Five innocent young men spent 19 years in prison because police coerced confessions and withheld evidence about a girl's rape and murder, the exonerated men claim in Federal Court....
View ArticleArizona Limits on Day Laborers Likely to Buckle
(CN) - A 9th Circuit judge chided Arizona for going too far in its response to illegal immigration as a panel gathered to look at a ban on stopping of traffic to solicit work. Arizona is...
View ArticleInsurers Want $132M From Metrolink Crash
LOS ANGELES (CN) - Claiming a text-messaging Metrolink engineer voided liability coverage, insurance companies sued railroads for a big chunk of the $146 million the insurers paid after the 2008...
View ArticleEU Lays Out the Law for UK on Sewage Treatment
(CN) - Wastewater-handling facilities in Britain violate European law and must be upgraded regardless of cost, the Court of Justice ruled Thursday. Regulators from the European Commission...
View ArticleManning Jury Can Hear Some Obama Remarks
FT. MEADE, Md. (CN) - President Barack Obama's remarks 2 years ago that WikiLeaks disclosures "don't reveal any issues that haven't already informed our public debate on Afghanistan" could be used...
View ArticleDad Must Stand Trial for Holding Daughter in Iran
WASHINGTON (CN) - A federal judge refused to dismiss criminal charges against a man accused of kidnapping his daughter and taking her to his home country of Iran. Kevin Homaune, a dual citizen...
View ArticleGroups Fight Navy to Defend Whales
SAN FRANCISCO (CN) - The Navy's plan to deploy a global sonar system to broadcast powerful waves through 75 percent of the world's oceans will harm thousands of endangered marine mammals,...
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