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4 days ago · Key Takeaways Historic First: Donald J. Trump, the nation’s 47th President-elect, has been declared a felon on 34 counts yet received an unconditional discharge, sparing...
Erisa Suit $5m Settlement Reached in Elevator Workers’ …
Aug 23, 2024 · Two elevator workers have asked a Pennsylvania federal court to approve a $5 million settlement in their class action lawsuit against their union's retirement plan. The workers accused the plan's trustees of violating the Employee Retirement Income Security Act (ERISA) by allowing excessive fees and poor investment options, which they claim drained tens of thousands
FCC Orders Clear Rate to Wipe Charges for Alleged Slamming for …
Jun 4, 2024 · Michigan-based Clear Rate Communications is yet again in the Federal Communications Commission's crosshairs over allegations of "slamming," with the commission ordering the company to wipe new customers' charges for the third time this year. In a series of orders released Friday, the commission found credible four customer complaints claiming Clear Rate misrepresented itself on sales
Affiliate marketer Alexander Podgurski arrested for money …
Dec 14, 2017 · Affiliate marketer Alexander Podgurski has been arrested for money laundering by the San Diego County District Attorney’s Office. The Paradise Valley Criminal Investigation’s Unit was recently contacted by the SDCDA asking for assistance in locating Podgurski, who initially fled from San Diego to Puerto Rico, according to a Paradise Valley Police Department report.
General Electric $362.5M Settlement Awaits Judge’s Approval
Nov 27, 2024 · General Electric Co. shareholders have requested a Manhattan federal judge’s approval for a $362.5 million settlement to conclude a lengthy securities class action. The lawsuit, poised to go to trial, accused GE of hiding critical cash flow problems that led to a dramatic stock price drop. Settlement Deemed "Outstanding Result" The class representatives, Swedish pension General Electric ...
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SEC’s $108M Fraud Suit Against OnPassive - USA Herald
Aug 28, 2024 · In a pivotal legal decision, a Florida federal judge refused to dismiss a $108 million fraud lawsuit filed by the U.S. Securities and Exchange Commission (SEC) against Ashraf Mufareh, his wife Asmahan Mufareh, and their company OnPassive LLC. The SEC accused the couple of orchestrating a fraudulent, unregistered securities offering that lured more than 800,000
Tulsi Gabbard Faces Resistance from Senate Hawks Over National …
Dec 7, 2024 · Tulsi Gabbard, former Democratic congresswoman from Hawaii and President-elect Donald Trump's nominee for the Office of the Director of National Intelligence (DNI), is encountering potential resistance. Her biggest roadblock may come from Senate Republicans aligned with the defense industry. While her military service and commitment to intelligence reform have earned endorsements from some ...
Cynosure Wins $25M Verdict In Poaching Trial - USA Herald
Oct 3, 2024 · Medical device company Cynosure secured a $25 million jury award after a Massachusetts federal court found that rival Reveal Lasers and two former Cynosure sales managers had violated noncompete, nonsolicitation, and nondisclosure agreements. The verdict concludes a contentious trial over claims that Reveal Lasers raided Cynosure’s sales and marketing teams, causing significant business losses.
Apogee Buys UW Solutions for $240M - USA Herald
Oct 4, 2024 · Apogee Enterprises Inc., guided by Cleary Gottlieb Steen & Hamilton LLP, announced on Wednesday that it will acquire UW Interco LLC, also known as UW Solutions, for $240 million in cash. The deal, set to bolster Apogee’s specialty coatings business, involves purchasing the company from private equity firm Heartwood Partners, advised by Finn Dixon &