March 2024 - cypherpunks - lists.cpunks.org

Ex-CEO Sues Trump-Tied SPAC For Litigation, Probe Fees
by Gunnar Larson 19 Mar '24

19 Mar '24

Ex-CEO Sues Trump-Tied SPAC For Litigation, Probe Fees <https://www.law360.com/mergersacquisitions/articles/1814663?nl_pk=a34c25b5-…> By Jeff Montgomery A director and former CEO of Donald Trump-tied Digital World Acquisition Corp. has sued the venture in Delaware's Court of Chancery, seeking legal fee advancements from DWAC for costs arising from federal probes, lawsuits in multiple states and potential fiduciary breach claims. Read full article » <https://www.law360.com/mergersacquisitions/articles/1814663?nl_pk=a34c25b5-…> | Save to favorites » <https://www.law360.com/mergersacquisitions/articles/1814663?nl_pk=a34c25b5-…>

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FINRA Fines Firm Over Social Media Influencers' Posts
by Gunnar Larson 19 Mar '24

19 Mar '24

FINRA Fines Firm Over Social Media Influencers' Posts <https://www.law360.com/compliance/articles/1814842?nl_pk=ab5ce197-c1fb-4d8e…> By Sarah Jarvis The Financial Industry Regulatory Authority announced Monday that it has settled its first formal enforcement disciplinary action stemming from a firm's supervision of social media influencers, fining financial services provider M1 Finance LLC $850,000 for its influencers' misleading posts. Order attached | Read full article » <https://www.law360.com/compliance/articles/1814842?nl_pk=ab5ce197-c1fb-4d8e…> | Save to favorites » <https://www.law360.com/compliance/articles/1814842?nl_pk=ab5ce197-c1fb-4d8e…>

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SEC's Grewal Defends 'Shadow Trading' Case Ahead Of Trial
by Gunnar Larson 19 Mar '24

19 Mar '24

SEC's Grewal Defends 'Shadow Trading' Case Ahead Of Trial <https://www.law360.com/compliance/articles/1814950?nl_pk=ab5ce197-c1fb-4d8e…> By Sarah Jarvis The enforcement director of the U.S. Securities and Exchange Commission on Monday defended the agency's stance in a novel "shadow trading" case one week before it's set to go to trial, saying that while it's the first case of its kind, the underlying allegations aren't new. Read full article » <https://www.law360.com/compliance/articles/1814950?nl_pk=ab5ce197-c1fb-4d8e…> | Save to favorites » <https://www.law360.com/compliance/articles/1814950?nl_pk=ab5ce197-c1fb-4d8e…>

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SEC Sanctioned Over 'Bad Faith Conduct' In Crypto Case
by Gunnar Larson 19 Mar '24

19 Mar '24

SEC Sanctioned Over 'Bad Faith Conduct' In Crypto Case <https://www.law360.com/legalethics/articles/1814998?nl_pk=153d4a8a-6fb9-4a5…> By Aislinn Keely A Utah federal judge sanctioned the U.S. Securities and Exchange Commission on Monday over misstatements its counsel made to obtain emergency measures against crypto project Debt Box, ordering the regulator to pay both the defense's and receiver's attorney fees as well as legal costs arising from the regulator's "bad faith conduct." Order attached | Read full article » <https://www.law360.com/legalethics/articles/1814998?nl_pk=153d4a8a-6fb9-4a5…> | Save to favorites » <https://www.law360.com/legalethics/articles/1814998?nl_pk=153d4a8a-6fb9-4a5…>

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Doc Production Is 'Not That Hard,' MDL Judge Tells Snap's Atty
by Gunnar Larson 19 Mar '24

19 Mar '24

Doc Production Is 'Not That Hard,' MDL Judge Tells Snap's Atty <https://www.law360.com/technology/articles/1814742?nl_pk=2bd720dd-746c-4744…> By Dorothy Atkins A California magistrate judge laid out incentives Monday to spur depositions and document production in multidistrict litigation over social media's allegedly addictive design, rejecting defense counsel's arguments the incentives are "lopsided," and telling Snap's counsel document production is "not as hard as you're saying it is." Read full article » <https://www.law360.com/technology/articles/1814742?nl_pk=2bd720dd-746c-4744…> | Save to favorites » <https://www.law360.com/technology/articles/1814742?nl_pk=2bd720dd-746c-4744…>

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Apple Co-Founder's Scam Suit Against YouTube Gets New Life
by Gunnar Larson 19 Mar '24

19 Mar '24

Apple Co-Founder's Scam Suit Against YouTube Gets New Life <https://www.law360.com/technology/articles/1814757?nl_pk=2bd720dd-746c-4744…> By Allison Grande A California appeals court has revived Apple co-founder Steve Wozniak's lawsuit accusing YouTube and its parent company, Google, of contributing to a cryptocurrency scam that fraudulently used his image, finding that the tech giants' provision of verification badges to corrupted channels could put them outside the scope of a federal tech liability shield law. Decision attached | Read full article » <https://www.law360.com/technology/articles/1814757?nl_pk=2bd720dd-746c-4744…> | Save to favorites » <https://www.law360.com/technology/articles/1814757?nl_pk=2bd720dd-746c-4744…>

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DC Panel Explains Denial Of Ethics Subpoena On Ex-DOJ Atty
by Gunnar Larson 19 Mar '24

19 Mar '24

DC Panel Explains Denial Of Ethics Subpoena On Ex-DOJ Atty <https://www.law360.com/legalethics/articles/1814649?nl_pk=153d4a8a-6fb9-4a5…> By Ali Sullivan A subpoena from D.C. attorney ethics authorities demanding that former U.S. Department of Justice attorney Jeffrey Clark produce documents pertaining to his alleged role in promoting Donald Trump's stolen election narrative would be "sufficiently testimonial and potentially incriminating" to implicate the Fifth Amendment, a D.C. Court of Appeals panel ruled. Opinion attached | Read full article » <https://www.law360.com/legalethics/articles/1814649?nl_pk=153d4a8a-6fb9-4a5…> | Save to favorites » <https://www.law360.com/legalethics/articles/1814649?nl_pk=153d4a8a-6fb9-4a5…>

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Kirkland Wants To Escape Suit Over Ex-Judge's Relationship
by Gunnar Larson 19 Mar '24

19 Mar '24

Kirkland Wants To Escape Suit Over Ex-Judge's Relationship <https://www.law360.com/legalethics/articles/1814652?nl_pk=153d4a8a-6fb9-4a5…> By Ryan Boysen Kirkland & Ellis LLP wants to bring down the hammer on a racketeering lawsuit claiming the firm "conspired" to profit from a Texas bankruptcy judge's secret romance scandal, saying the "flimsy" suit should be dismissed, and both the plaintiff and his attorneys at Bandas Law Firm PC should be sanctioned for filing it. 3 documents attached | Read full article » <https://www.law360.com/legalethics/articles/1814652?nl_pk=153d4a8a-6fb9-4a5…> | Save to favorites » <https://www.law360.com/legalethics/articles/1814652?nl_pk=153d4a8a-6fb9-4a5…>

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New York Magazine Urges Judge To Toss Reader Privacy Suit
by Gunnar Larson 19 Mar '24

19 Mar '24

New York Magazine Urges Judge To Toss Reader Privacy Suit <https://www.law360.com/newyork/articles/1814655?nl_pk=ac5a3855-e47c-4403-be…> By Carolyn Muyskens New York Magazine says it has too few Michigan-based subscribers for them to maintain a class action under a Michigan consumer privacy law, urging a judge to toss claims that it wrongfully disclosed readers' data to third parties. Motion attached | Read full article » <https://www.law360.com/newyork/articles/1814655?nl_pk=ac5a3855-e47c-4403-be…> | Save to favorites » <https://www.law360.com/newyork/articles/1814655?nl_pk=ac5a3855-e47c-4403-be…>

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NYC Taxi Drivers Convince Judge To Reconsider RICO Claims
by Gunnar Larson 19 Mar '24

19 Mar '24

NYC Taxi Drivers Convince Judge To Reconsider RICO Claims <https://www.law360.com/competition/articles/1814324?nl_pk=6416fd97-1dc4-4e0…> By Hailey Konnath A New York federal judge has agreed to rethink her decision throwing out New York City cab drivers' racketeering suit claiming the city artificially inflated the values of once highly coveted taxi licenses, admitting that she "committed clear error" in finding that certain claims were filed too late. Order attached | Read full article » <https://www.law360.com/competition/articles/1814324?nl_pk=6416fd97-1dc4-4e0…> | Save to favorites » <https://www.law360.com/competition/articles/1814324?nl_pk=6416fd97-1dc4-4e0…>

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