July 2023 - cypherpunks - lists.cpunks.org

JPMorgan Says Epstein Investor Suit Claims Still Insufficient
by Gunnar Larson 31 Jul '23

31 Jul '23

JPMorgan Says Epstein Investor Suit Claims Still Insufficient By Sydney Price JPMorgan Chase & Co. is again asking a New York federal judge to ax a suit alleging that several of its top executives knew about and helped facilitate Jeffrey Epstein's criminal activity, saying the plaintiffs' memo opposing the bank's motion to dismiss fails to adequately plead demand futility and state a claim. 2 documents attached | Read full article » | Save to favorites » https://www.law360.com/banking/articles/1705032?nl_pk=99a2a594-20ad-4b2f-a2…

1 0

The Compliance Chiefs Who've Faced Legal Hot Water In '23
by Gunnar Larson 31 Jul '23

31 Jul '23

The Compliance Chiefs Who've Faced Legal Hot Water In '23 By Sarah Jarvis Chief compliance officers made headlines this year after finding themselves in legal hot water, from one who purportedly bilked Medicare for more than $50 million to another who allegedly admitted his crypto exchange's customers "are here for crime." Read full article » | Save to favorites » https://www.law360.com/competition/articles/1703883?nl_pk=2063be2d-1a29-43b…

1 0

Accreditor Says Lumber Org. Can't Sue On Behalf Of Members
by Gunnar Larson 31 Jul '23

31 Jul '23

Accreditor Says Lumber Org. Can't Sue On Behalf Of Members By Alyssa Aquino An accreditation body told a Florida federal judge Thursday that a domestic plywood association lacked standing to sue over a purported counterfeiting scam allegedly allowing large amounts of substandard Brazilian plywood to enter the U.S. Motion attached | Read full article » | Save to favorites » https://www.law360.com/competition/articles/1704823?nl_pk=2063be2d-1a29-43b…

1 0

Syneos Health Covered Up COVID-19 Turmoil, Investor Says
by Gunnar Larson 31 Jul '23

31 Jul '23

Syneos Health Covered Up COVID-19 Turmoil, Investor Says By Henrik Nilsson A Syneos Health Inc. shareholder alleges the company's leadership lied about its booming business during the COVID-19 pandemic when, in reality, a series of poor decisions caused the business to flounder, according to a proposed securities class action filed in New York federal court. Complaint attached | Read full article » | Save to favorites » https://www.law360.com/mergersacquisitions/articles/1705259?nl_pk=8bba16ad-…

1 0

Judiciary Committee Accuses Khan Of Obstructing FTC Probe
by Gunnar Larson 31 Jul '23

31 Jul '23

Judiciary Committee Accuses Khan Of Obstructing FTC Probe By Bryan Koenig House Judiciary Committee Chairman Jim Jordan, R-Ohio, further escalated an ongoing dispute with the Federal Trade Commission in a pair of letters Friday accusing Chair Lina M. Khan of obstructing an oversight probe and raising the specter of ethics concerns around one of her fellow commissioners. 2 documents attached | Read full article » | Save to favorites » https://www.law360.com/mergersacquisitions/articles/1705287?nl_pk=8bba16ad-…

1 0

Euronext To Launch €200M Share Buyback Program
by Gunnar Larson 31 Jul '23

31 Jul '23

Euronext To Launch €200M Share Buyback Program By Irene Madongo Pan-European stock exchange Euronext has announced plans to return up to €200 million ($220 million) to shareholders through a buyback program as it reported a drop in profits in its latest quarterly results. Read full article » | Save to favorites » https://www.law360.co.uk/financial-services-uk/articles/1704923?nl_pk=4fb41…

1 0

NatWest Announces £500M Buyback As Profits Soar
by Gunnar Larson 31 Jul '23

31 Jul '23

NatWest Announces £500M Buyback As Profits Soar By Irene Madongo Banking giant NatWest Group PLC on Friday announced plans to begin a £500 million ($644 million) share repurchase program within months as it reported a boom in profits. Read full article » | Save to favorites » https://www.law360.co.uk/financial-services-uk/articles/1704926?nl_pk=4fb41…

1 0

Standard Chartered Launches $1B Buyback
by Gunnar Larson 31 Jul '23

31 Jul '23

Standard Chartered Launches $1B Buyback By Tom Fish Standard Chartered PLC said Friday it will pay out $1 billion to shareholders, as the multinational lender posted strong financial results for the first half of the year, including a 29% increase in profits. Read full article » | Save to favorites » https://www.law360.co.uk/financial-services-uk/articles/1704937?nl_pk=4fb41…

1 0

DLA Piper Loses Bid To Shield Investment Scheme Docs
by Gunnar Larson 31 Jul '23

31 Jul '23

DLA Piper Loses Bid To Shield Investment Scheme Docs By Lucia Osborne-Crowley DLA Piper lost its bid on Friday to shield documents relating to an investment scheme from disclosure, in a case dealing with the alleged mismanagement of client funds, with the London judge saying that potential underlying fraud nullifies lawyer-client privilege. Read full article » | Save to favorites » https://www.law360.co.uk/financial-services-uk/articles/1704990?nl_pk=4fb41…

1 0

FCA Secures Confiscation Order Against Convicted Launderer
by Gunnar Larson 31 Jul '23

31 Jul '23

FCA Secures Confiscation Order Against Convicted Launderer By Najiyya Budaly The Financial Conduct Authority said Friday that it has secured a confiscation order against former stockbroker Richard Faithfull as it seeks to return cash to his victims after he laundered £2.6 million ($3.3 million) of stolen money from an international network of boiler-room frauds. Read full article » | Save to favorites » https://www.law360.co.uk/financial-services-uk/articles/1704967?nl_pk=4fb41…

1 0