April 2024 - cypherpunks - lists.cpunks.org

Congress Can Enact Corp. Transparency, Orgs Tell 11th Circ.
by Gunnar Larson 23 Apr '24

23 Apr '24

Congress Can Enact Corp. Transparency, Orgs Tell 11th Circ. <https://www.law360.com/banking/articles/1827709?nl_pk=feb6bbba-7878-4d39-be…> By Kevin Pinner Congress is empowered to require American companies to report their beneficial owners to the federal government because there is ample evidence they've previously been used to fund hostile foreign actors, evade sanctions and traffic drugs, two think tanks told the Eleventh Circuit in an amici brief. 2 documents attached | Read full article » <https://www.law360.com/banking/articles/1827709?nl_pk=feb6bbba-7878-4d39-be…> | Save to favorites » <https://www.law360.com/banking/articles/1827709?nl_pk=feb6bbba-7878-4d39-be…>

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PacWest Wants Suit Over Alleged Rate Hike Exposure Axed
by Gunnar Larson 23 Apr '24

23 Apr '24

PacWest Wants Suit Over Alleged Rate Hike Exposure Axed <https://www.law360.com/banking/articles/1828054?nl_pk=feb6bbba-7878-4d39-be…> By Katryna Perera PacWest Bancorp has urged a California federal judge to toss a proposed class action from an investor who alleges the California regional bank ignored warning signs posed by last year's collapse of Silicon Valley Bank, saying the fact that it did not anticipate the "unprecedented turmoil in the banking industry" is not a violation of federal securities laws. Memorandum attached | Read full article » <https://www.law360.com/banking/articles/1828054?nl_pk=feb6bbba-7878-4d39-be…> | Save to favorites » <https://www.law360.com/banking/articles/1828054?nl_pk=feb6bbba-7878-4d39-be…>

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Ex-Gov. Huckabee Says Bloomberg Can't Duck Copyright Suit
by Gunnar Larson 23 Apr '24

23 Apr '24

Ex-Gov. Huckabee Says Bloomberg Can't Duck Copyright Suit <https://www.law360.com/newyork/articles/1828013?nl_pk=ac5a3855-e47c-4403-be…> By Ivan Moreno Former Arkansas Gov. Mike Huckabee has urged a New York federal court not to dismiss Bloomberg from his proposed class action alleging copyright infringement of e-books to train the media company's large language model, arguing the business cannot lean on a fair use defense to toss the complaint at this stage. Response attached | Read full article » <https://www.law360.com/newyork/articles/1828013?nl_pk=ac5a3855-e47c-4403-be…> | Save to favorites » <https://www.law360.com/newyork/articles/1828013?nl_pk=ac5a3855-e47c-4403-be…>

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Exec In Insider Trading Case Says Feds Denied Him Counsel
by Gunnar Larson 23 Apr '24

23 Apr '24

Exec In Insider Trading Case Says Feds Denied Him Counsel <https://www.law360.com/capitalmarkets/articles/1828089?nl_pk=abe82add-2a33-…> By Jessica Corso The former CEO at the center of a novel insider trading case is asking that the California jury deciding his fate not be allowed to hear evidence obtained during a pre-indictment interrogation, arguing he was denied access to an attorney despite insisting on speaking to counsel at least a dozen times. Motion attached | Read full article » <https://www.law360.com/capitalmarkets/articles/1828089?nl_pk=abe82add-2a33-…> | Save to favorites » <https://www.law360.com/capitalmarkets/articles/1828089?nl_pk=abe82add-2a33-…>

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Justices To Mull Atty Fees For Preliminary Injunctions
by Gunnar Larson 23 Apr '24

23 Apr '24

Justices To Mull Atty Fees For Preliminary Injunctions <https://www.law360.com/legalethics/articles/1827955?nl_pk=153d4a8a-6fb9-4a5…> By Ryan Boysen The U.S. Supreme Court on Monday agreed to hear a case that could determine whether litigants can receive attorney fees for "prevailing" in a case by winning a preliminary injunction, despite never securing a final judgment. 3 documents attached | Read full article » <https://www.law360.com/legalethics/articles/1827955?nl_pk=153d4a8a-6fb9-4a5…> | Save to favorites » <https://www.law360.com/legalethics/articles/1827955?nl_pk=153d4a8a-6fb9-4a5…>

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Address Complainants Before They Become Whistleblowers
by Gunnar Larson 23 Apr '24

23 Apr '24

Address Complainants Before They Become Whistleblowers <https://www.law360.com/newyork/articles/1828138?nl_pk=ac5a3855-e47c-4403-be…> A New York federal court's dismissal of a whistleblower retaliation claim against HSBC Securities last month indicates that ignored complaints to management combined with financial incentives from regulators create the perfect conditions for a concerned and disgruntled employee to make the jump to federal whistleblower, say attorneys at Cooley. Read full article » <https://www.law360.com/newyork/articles/1828138?nl_pk=ac5a3855-e47c-4403-be…> | Save to favorites » <https://www.law360.com/newyork/articles/1828138?nl_pk=ac5a3855-e47c-4403-be…>

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Ex-NJ Mayor Used Office To Get Job From Atty, AG Says
by Gunnar Larson 23 Apr '24

23 Apr '24

Ex-NJ Mayor Used Office To Get Job From Atty, AG Says <https://www.law360.com/legalethics/articles/1828157?nl_pk=153d4a8a-6fb9-4a5…> By George Woolston The former mayor of Wildwood, New Jersey, has been indicted on new charges accusing him of using his elected position to obtain a job from a city attorney and of not paying state taxes on his earnings from that position, New Jersey Attorney General Matthew J. Platkin announced Monday. Read full article » <https://www.law360.com/legalethics/articles/1828157?nl_pk=153d4a8a-6fb9-4a5…> | Save to favorites » <https://www.law360.com/legalethics/articles/1828157?nl_pk=153d4a8a-6fb9-4a5…>

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Robinhood 'Meme Stock' Investors Lose New Class Cert. Bid
by Gunnar Larson 23 Apr '24

23 Apr '24

Robinhood 'Meme Stock' Investors Lose New Class Cert. Bid <https://www.law360.com/competition/articles/1827927?nl_pk=6416fd97-1dc4-4e0…> By Katryna Perera A Florida federal judge has denied a bid from Robinhood investors to file a new motion for class certification in a suit over the trading platform's suspension of so-called meme stock purchases, saying the deadline for class certification has passed and the investors have not shown a good reason to extend it. Order attached | Read full article » <https://www.law360.com/competition/articles/1827927?nl_pk=6416fd97-1dc4-4e0…> | Save to favorites » <https://www.law360.com/competition/articles/1827927?nl_pk=6416fd97-1dc4-4e0…>

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Justices Skip How Mid-Litigation Changes Affect Standing
by Gunnar Larson 23 Apr '24

23 Apr '24

Justices Skip How Mid-Litigation Changes Affect Standing <https://www.law360.com/legalethics/articles/1826836?nl_pk=153d4a8a-6fb9-4a5…> By Katie Buehler The U.S. Supreme Court on Monday left in place a Third Circuit ruling that plaintiffs must reestablish standing when defendants cause circumstances to change mid-litigation, ending a Pennsylvania attorney's challenge to the state's new anti-bias and harassment professional conduct rule. Read full article » <https://www.law360.com/legalethics/articles/1826836?nl_pk=153d4a8a-6fb9-4a5…> | Save to favorites » <https://www.law360.com/legalethics/articles/1826836?nl_pk=153d4a8a-6fb9-4a5…>

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SEC Says Terraform, Founder Owe $5.3B After Fraud Verdict
by Gunnar Larson 23 Apr '24

23 Apr '24

SEC Says Terraform, Founder Owe $5.3B After Fraud Verdict <https://www.law360.com/newyork/articles/1827892?nl_pk=ac5a3855-e47c-4403-be…> By Elliot Weld The U.S. Securities and Exchange Commission has asked a Manhattan federal judge to order bankrupt cryptocurrency exchange Terraform Labs and its founder to pay roughly $5.3 billion, weeks after a jury found them liable for a massive fraud. 3 documents attached | Read full article » <https://www.law360.com/newyork/articles/1827892?nl_pk=ac5a3855-e47c-4403-be…> | Save to favorites » <https://www.law360.com/newyork/articles/1827892?nl_pk=ac5a3855-e47c-4403-be…>

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