Ex-Pa. Public Defender Reprimanded For Steamy Jail Emails
By Matthew Santoni
A former public defender for Warren County, Pennsylvania, received a public
reprimand from the state's disciplinary board Thursday, after he admitted
exchanging romantic and sexually explicit emails with a client while she
was in jail in 2020.
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https://www.law360.com/legalethics/articles/1702154?nl_pk=a931e1a0-e840-4de…
Senate Panel Narrowly Advances Supreme Court Ethics Bill
By Katie Buehler
The U.S. Senate Judiciary Committee voted along party lines Thursday to
advance to the full Senate legislation that would require the U.S. Supreme
Court to establish a code of ethics and abide by new recusal requirements —
a bill Republicans lambasted as an attempt to intimidate and harass the
justices.
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https://www.law360.com/governmentcontracts/articles/1701794?nl_pk=fa7fa7d8-…
Terraform Says FTX Docs Are Crucial For Its SEC Defense
By Sarah Jarvis
Disgraced crypto developer Terraform Labs has asked Delaware's bankruptcy
court for permission to serve FTX Trading Ltd. subpoenas for records it
says are vital to its defense against a fraud suit brought by the U.S.
Securities and Exchange Commission.
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https://www.law360.com/banking/articles/1702119?nl_pk=99a2a594-20ad-4b2f-a2…
Crypto Suit Over Reporting Rule Tossed For Being Premature
By Aislinn Keely
A Kentucky federal judge on Wednesday tossed a crypto nonprofit's challenge
to a forthcoming tax reporting requirement that would mandate firms report
crypto transactions above $10,000, discerning that the advocates' privacy
hasn't come into play since the rule has yet to take effect.
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https://www.law360.com/banking/articles/1701956?nl_pk=99a2a594-20ad-4b2f-a2…
Bank Failures Boosted Shareholder Suits, Report Finds
By Jessica Corso
The collapse of Credit Suisse, Silicon Valley Bank and other lenders
earlier this year has led to an emerging trend of shareholders trying to
recoup their losses by filing federal securities class actions, according
to a report released Thursday by Cornerstone Research.
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https://www.law360.com/banking/articles/1701888?nl_pk=99a2a594-20ad-4b2f-a2…
UK Drug Co. Settles For $19.6M Over False Safety Claims
By Katryna Perera
A New York federal judge has granted final approval to a $19.6 million
settlement between investors and U.K.-based consumer goods and health
conglomerate Reckitt Benckiser Group PLC, resolving claims that it
defrauded shareholders by not disclosing that regulators determined that
its drug used to treat narcotics dependency was more susceptible to
accidental child consumption.
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https://www.law360.com/newyork/articles/1701714?nl_pk=00e0f28d-575b-4889-8d…
New Atty, But No 'Mega Lawyers,' For Jailed OneCoin Figure
By Pete Brush
A woman who allegedly texted that she would need "mega lawyers" to defend
herself against charges that she helped fugitive "CryptoQueen" Ruja
Ignatova launder $400 million from the global OneCoin scam got new
court-appointed counsel Thursday after a "breakdown" with her attorney.
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https://www.law360.com/newyork/articles/1702113?nl_pk=00e0f28d-575b-4889-8d…
Trump-Related SPAC To Pay SEC $18M Over Truth Social Bid
By Jessica Corso
Special purpose acquisition company Digital World Acquisition Corp. agreed
Thursday to pay $18 million to the U.S. Securities and Exchange Commission
over allegations that it failed to disclose ties to the social media
company run by former President Donald J. Trump.
Settlement attached | Read full article » | Save to favorites »
https://www.law360.com/newyork/articles/1702195?nl_pk=00e0f28d-575b-4889-8d…
March Trial Set For Trump Media Co. Insider Trading Case
By Rachel Scharf
Three venture capitalists are set to go to trial in March after pleading
not guilty in Manhattan federal court Thursday to insider trading on
confidential plans to take former President Donald Trump's media company
public, a scheme prosecutors say netted the group nearly $23 million.
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https://www.law360.com/newyork/articles/1701916?nl_pk=00e0f28d-575b-4889-8d…
Gov't Rejects Call By MPs To Treat Crypto Trades As Gambling
By Tom Fish
Trading and investing in crypto-assets shouldn't be regulated as a form of
gambling as this would not address underlying risks and will be
incompatible with international regulation, the British government said in
a letter published Thursday.
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https://www.law360.co.uk/financial-services-uk/articles/1701788?nl_pk=4fb41…
