August 2024 - cypherpunks - lists.cpunks.org

CDK's $100M Deal Puts Auto Dealer Settlements Up To $130M
by Gunnar Larson 19 Aug '24

19 Aug '24

CDK's $100M Deal Puts Auto Dealer Settlements Up To $130M <https://www.law360.com/competition/articles/1870896?nl_pk=6416fd97-1dc4-4e0…> By Bryan Koenig Car dealerships sought preliminary approval Friday for a $100 million class action settlement resolving claims that auto dealer data management software giant CDK Global anticompetitively locked out rival data companies, adding to the $29.5 million agreement reached previously in the sprawling litigation with CDK peer Reynolds and Reynolds. Memorandum attached | Read full article » <https://www.law360.com/competition/articles/1870896?nl_pk=6416fd97-1dc4-4e0…> | Save to favorites » <https://www.law360.com/competition/articles/1870896?nl_pk=6416fd97-1dc4-4e0…>

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Harris Economic Plan Targets Food Mergers, Price Gouging
by Gunnar Larson 19 Aug '24

19 Aug '24

Harris Economic Plan Targets Food Mergers, Price Gouging <https://www.law360.com/competition/articles/1870425?nl_pk=6416fd97-1dc4-4e0…> By Al Barbarino Vice President Kamala Harris unveiled an economic plan Friday that said her administration would "crack down" on large corporate food mergers and introduce the first-ever ban on price gouging, a promise that comes just days after the announcement of one of the largest ever food industry tie-ups. Read full article » <https://www.law360.com/competition/articles/1870425?nl_pk=6416fd97-1dc4-4e0…> | Save to favorites » <https://www.law360.com/competition/articles/1870425?nl_pk=6416fd97-1dc4-4e0…>

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Off The Bench: WNBA Suit, Olympic Fallout, Swimming Ban
by Gunnar Larson 19 Aug '24

19 Aug '24

Off The Bench: WNBA Suit, Olympic Fallout, Swimming Ban <https://www.law360.com/competition/articles/1870735?nl_pk=6416fd97-1dc4-4e0…> By Alex Lawson In this week's Off The Bench, a WNBA star accuses her former team of discrimination for trading her once she became pregnant, questions swirl around the revocation of a U.S. gymnast's Olympic medal, and a BigLaw investigation prompts the University of Notre Dame to suspend its men's swimming program. Read full article » <https://www.law360.com/competition/articles/1870735?nl_pk=6416fd97-1dc4-4e0…> | Save to favorites » <https://www.law360.com/competition/articles/1870735?nl_pk=6416fd97-1dc4-4e0…>

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Revolut Valued At $45B After Secondary Equity Issue
by Gunnar Larson 19 Aug '24

19 Aug '24

Revolut Valued At $45B After Secondary Equity Issue <https://www.law360.co.uk/financial-services-uk/articles/1870607?nl_pk=a94fc…> By Tom Fish U.K. fintech Revolut said Friday it has secured a $45 billion valuation in a share sale by its employees to new and existing investors, cementing its status as Europe's most valuable private technology company. Read full article » <https://www.law360.co.uk/financial-services-uk/articles/1870607?nl_pk=a94fc…> | Save to favorites » <https://www.law360.co.uk/financial-services-uk/articles/1870607?nl_pk=a94fc…>

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Pension Scheme Endgames Pushed Back Amid Falling Yields
by Gunnar Larson 19 Aug '24

19 Aug '24

Pension Scheme Endgames Pushed Back Amid Falling Yields <https://www.law360.co.uk/financial-services-uk/articles/1870606?nl_pk=a94fc…> By Martin Croucher The average timeline for U.K. pension schemes to reach a point where they can buy out their liabilities with an insurance company was extended last month, due to falling bond yields, experts said. Read full article » <https://www.law360.co.uk/financial-services-uk/articles/1870606?nl_pk=a94fc…> | Save to favorites » <https://www.law360.co.uk/financial-services-uk/articles/1870606?nl_pk=a94fc…>

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Deutsche, Ex-Trader End 2nd Libor Malicious Prosecution Suit
by Gunnar Larson 19 Aug '24

19 Aug '24

Deutsche, Ex-Trader End 2nd Libor Malicious Prosecution Suit <https://www.law360.co.uk/financial-services-uk/articles/1870481?nl_pk=a94fc…> By Jon Hill Deutsche Bank and a former U.K. derivatives trader who accused the bank of scapegoating him to U.S. authorities investigating interest rate-rigging have resolved his $30 million malicious prosecution lawsuit in New York state court. 1 document attached | Read full article » <https://www.law360.co.uk/financial-services-uk/articles/1870481?nl_pk=a94fc…> | Save to favorites » <https://www.law360.co.uk/financial-services-uk/articles/1870481?nl_pk=a94fc…>

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Local Council Accuses Tycoon Of Misappropriating £150M
by Gunnar Larson 19 Aug '24

19 Aug '24

Local Council Accuses Tycoon Of Misappropriating £150M <https://www.law360.co.uk/financial-services-uk/articles/1870623?nl_pk=a94fc…> By Christopher Crosby A local English council pushed into effective bankruptcy after a spate of failed investments has sued a businessman for upward of £150 million ($194 million) it claims he siphoned off to buy yachts, private jets and a country estate. Read full article » <https://www.law360.co.uk/financial-services-uk/articles/1870623?nl_pk=a94fc…> | Save to favorites » <https://www.law360.co.uk/financial-services-uk/articles/1870623?nl_pk=a94fc…>

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Telecom Directors Deny Adviser's HMRC Fraud Claim
by Gunnar Larson 19 Aug '24

19 Aug '24

Telecom Directors Deny Adviser's HMRC Fraud Claim <https://www.law360.co.uk/financial-services-uk/articles/1868185?nl_pk=a94fc…> By Eddie Beaver Two directors have denied owing a financial adviser a fee for attempting to source a £5 million ($6.4 million) investment for their telecommunications business, characterizing his July claim that they hoped to defraud the U.K.'s tax department through the company as "entirely fictitious." Read full article » <https://www.law360.co.uk/financial-services-uk/articles/1868185?nl_pk=a94fc…> | Save to favorites » <https://www.law360.co.uk/financial-services-uk/articles/1868185?nl_pk=a94fc…>

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PwC Fined £15M For Failing To Flag LC&F Fraud Suspicion
by Gunnar Larson 19 Aug '24

19 Aug '24

PwC Fined £15M For Failing To Flag LC&F Fraud Suspicion <https://www.law360.co.uk/financial-services-uk/articles/1870605?nl_pk=a94fc…> By Alex Davidson The Financial Conduct Authority said Friday it has fined PricewaterhouseCoopers LLP £15 million ($19.3 million) for failing to report to the regulator its belief that London Capital & Finance PLC might be involved in fraud. Read full article » <https://www.law360.co.uk/financial-services-uk/articles/1870605?nl_pk=a94fc…> | Save to favorites » <https://www.law360.co.uk/financial-services-uk/articles/1870605?nl_pk=a94fc…>

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BREAKING: George Santos To Plead Guilty Before Campaign Fraud Trial
by Gunnar Larson 18 Aug '24

18 Aug '24

BREAKING: George Santos To Plead Guilty Before Campaign Fraud Trial <https://www.law360.com/newyork/articles/1870959?nl_pk=ac5a3855-e47c-4403-be…> By Rachel Scharf Former U.S. Rep. George Santos has agreed to plead guilty to multiple criminal charges just weeks before his scheduled campaign finance fraud trial in New York federal court, Law360 learned Saturday. Read full article » <https://www.law360.com/newyork/articles/1870959?nl_pk=ac5a3855-e47c-4403-be…> | Save to favorites » <https://www.law360.com/newyork/articles/1870959?nl_pk=ac5a3855-e47c-4403-be…>

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