May 2024 - cypherpunks - lists.cpunks.org

F1's Andretti Denial Stokes Collusion Fears On Capitol Hill
by Gunnar Larson 22 May '24

22 May '24

F1's Andretti Denial Stokes Collusion Fears On Capitol Hill <https://www.law360.com/competition/articles/1839464?nl_pk=6416fd97-1dc4-4e0…> By Alex Lawson Formula One's reluctance to add an American racing team to its championship drew a sideways glance from Capitol Hill on Tuesday, as a group of U.S. senators urged the Biden administration to probe F1's governance board for potential antitrust violations. Letter attached | Read full article » <https://www.law360.com/competition/articles/1839464?nl_pk=6416fd97-1dc4-4e0…> | Save to favorites » <https://www.law360.com/competition/articles/1839464?nl_pk=6416fd97-1dc4-4e0…>

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NJ AG Starts Antitrust Section To Protect 'Fair Competition'
by Gunnar Larson 22 May '24

22 May '24

NJ AG Starts Antitrust Section To Protect 'Fair Competition' <https://www.law360.com/competition/articles/1839621?nl_pk=6416fd97-1dc4-4e0…> By James Mills New Jersey will establish an Antitrust Litigation and Competition Enforcement Section, a new, permanent, stand-alone section within the Division of Law, to solidify the state's ability to enforce antitrust laws and ensure fair competition, the state announced Tuesday. Read full article » <https://www.law360.com/competition/articles/1839621?nl_pk=6416fd97-1dc4-4e0…> | Save to favorites » <https://www.law360.com/competition/articles/1839621?nl_pk=6416fd97-1dc4-4e0…>

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NYC Pension Funds Call For 'No' Vote On Musk's Tesla Pay
by Gunnar Larson 22 May '24

22 May '24

NYC Pension Funds Call For 'No' Vote On Musk's Tesla Pay <https://www.law360.com/delaware/articles/1839379?nl_pk=8f2e5a76-bb66-462b-a…> By Jeff Montgomery Five New York City pension funds have joined with seven other Tesla Inc. institutional investors in calls for stockholders to vote down CEO Elon Musk's once-$56 billion compensation plan and vote out two board allies, branding the pay excessive and the two directors too close to Musk. 1 document attached | Read full article » <https://www.law360.com/delaware/articles/1839379?nl_pk=8f2e5a76-bb66-462b-a…> | Save to favorites » <https://www.law360.com/delaware/articles/1839379?nl_pk=8f2e5a76-bb66-462b-a…>

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SEC Slams Ripple's Bid To 'Hide' Financial Info From Public
by Gunnar Larson 22 May '24

22 May '24

SEC Slams Ripple's Bid To 'Hide' Financial Info From Public <https://www.law360.com/fintech/articles/1839610?nl_pk=d2b3e7ef-ab62-4a62-80…> By Jessica Corso The U.S. Securities and Exchange Commission is protesting Ripple Labs' bid to conceal certain financial information from the public as it fights the agency's attempt to impose a $2 billion penalty for unregistered cryptocurrency sales, arguing that the company's call for transparency in the case should extend to itself. Response attached | Read full article » <https://www.law360.com/fintech/articles/1839610?nl_pk=d2b3e7ef-ab62-4a62-80…> | Save to favorites » <https://www.law360.com/fintech/articles/1839610?nl_pk=d2b3e7ef-ab62-4a62-80…>

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Banks Urged To Vote Out Exxon Leaders Who Sued Investors
by Gunnar Larson 22 May '24

22 May '24

Banks Urged To Vote Out Exxon Leaders Who Sued Investors <https://www.law360.com/capitalmarkets/articles/1839441?nl_pk=abe82add-2a33-…> By Sarah Jarvis A group of state and city financial officials sent letters to some of the biggest banks and asset managers Tuesday urging them to vote against Exxon Mobil Corp.'s CEO and lead independent director at an upcoming annual meeting because of the company's lawsuit against a pair of environmentally minded activist investors. Letter attached | Read full article » <https://www.law360.com/capitalmarkets/articles/1839441?nl_pk=abe82add-2a33-…> | Save to favorites » <https://www.law360.com/capitalmarkets/articles/1839441?nl_pk=abe82add-2a33-…>

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2nd Circ. Partially Backs Win For Nurses' Union Pension Plan
by Gunnar Larson 22 May '24

22 May '24

2nd Circ. Partially Backs Win For Nurses' Union Pension Plan <https://www.law360.com/banking/articles/1839569?nl_pk=feb6bbba-7878-4d39-be…> By Aaron Keller In a 90-page opinion, the Second Circuit on Tuesday mostly upheld a Manhattan federal judge's decision affirming an arbiter's award favoring a nurses' pension plan, agreeing that White Oak Global Advisors LLC must return "Day 1" fees totaling nearly $2 million and pay prejudgment interest said to top $22 million. 4 documents attached | Read full article » <https://www.law360.com/banking/articles/1839569?nl_pk=feb6bbba-7878-4d39-be…> | Save to favorites » <https://www.law360.com/banking/articles/1839569?nl_pk=feb6bbba-7878-4d39-be…>

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PetroSaudi Says $380M Award Feud Close To Resolution
by Gunnar Larson 22 May '24

22 May '24

PetroSaudi Says $380M Award Feud Close To Resolution <https://www.law360.com/banking/articles/1839670?nl_pk=feb6bbba-7878-4d39-be…> By Caroline Simson A PetroSaudi unit and the Biden administration are nearing a settlement to resolve a bitter dispute over the proceeds of a nearly $380 million arbitral award allegedly tied to embezzled 1Malaysia Development Berhad funds, which the government has been looking to seize for years, the parties said Monday. Brief attached | Read full article » <https://www.law360.com/banking/articles/1839670?nl_pk=feb6bbba-7878-4d39-be…> | Save to <https://www.law360.com/banking/articles/1839670?nl_pk=feb6bbba-7878-4d39-be…>

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Ex-LA DA Sues State Farm Over Gun Incident Legal Fees
by Gunnar Larson 22 May '24

22 May '24

Ex-LA DA Sues State Farm Over Gun Incident Legal Fees <https://www.law360.com/mergersacquisitions/articles/1839458?nl_pk=a34c25b5-…> By Elizabeth Daley Former Los Angeles County District Attorney Jackie Lacey sued her insurer in California state court Tuesday, alleging State Farm cost her more than $2.1 million by failing to cover legal fees when she and her late husband were sued because he brandished a gun against protesters at their home. Complaint attached | Read full article » <https://www.law360.com/mergersacquisitions/articles/1839458?nl_pk=a34c25b5-…> | Save to favorites » <https://www.law360.com/mergersacquisitions/articles/1839458?nl_pk=a34c25b5-…>

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SEC Gives Ex-BF Borgers Clients Reporting Deadline Reprieve
by Gunnar Larson 22 May '24

22 May '24

SEC Gives Ex-BF Borgers Clients Reporting Deadline Reprieve <https://www.law360.com/mergersacquisitions/articles/1839422?nl_pk=a34c25b5-…> By Jessica Corso The U.S. Securities and Exchange Commission says it will give former clients of suspended auditor BF Borgers CPA PC more time to file their first-quarter financial statements in acknowledgment of issuers' need to scramble to find new accountants after the agency unveiled an enforcement action over the alleged "massive fraud" at the firm earlier this month. Order attached | Read full article » <https://www.law360.com/mergersacquisitions/articles/1839422?nl_pk=a34c25b5-…> | Save to favorites » <https://www.law360.com/mergersacquisitions/articles/1839422?nl_pk=a34c25b5-…>

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Feds Can't Show Autonomy Jury Report Showing Audit Issues
by Gunnar Larson 22 May '24

22 May '24

Feds Can't Show Autonomy Jury Report Showing Audit Issues <https://www.law360.com/mergersacquisitions/articles/1839555?nl_pk=a34c25b5-…> By Bonnie Eslinger The California federal judge overseeing a criminal trial over claims Autonomy's former CEO conned HP into buying the U.K. company for $11.7 billion denied prosecutors' bid Tuesday to show jurors a British accounting watchdog's findings that Deloitte failed to catch misleading information in Autonomy's books. Read full article » <https://www.law360.com/mergersacquisitions/articles/1839555?nl_pk=a34c25b5-…> | Save to favorites » <https://www.law360.com/mergersacquisitions/articles/1839555?nl_pk=a34c25b5-…>

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