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Legal Insurers See 'All-Time High' In Price Tag Of Claims
by Gunnar Larson 15 May '24

15 May '24

Legal Insurers See 'All-Time High' In Price Tag Of Claims <https://www.law360.com/legalethics/articles/1836968?nl_pk=153d4a8a-6fb9-4a5…> By Emily Sawicki Some of the nation's largest legal insurance companies are reporting an unprecedented rise in "claim severity," according to survey data released Tuesday, with 11 of 13 insurers reporting paying claims in excess of $100 million in the past two years. Read full article » <https://www.law360.com/legalethics/articles/1836968?nl_pk=153d4a8a-6fb9-4a5…> | Save to favorites » <https://www.law360.com/legalethics/articles/1836968?nl_pk=153d4a8a-6fb9-4a5…>

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Convicted Fraudster Says Exchanges With Atty Are Privileged
by Gunnar Larson 15 May '24

15 May '24

Convicted Fraudster Says Exchanges With Atty Are Privileged <https://www.law360.com/legalethics/articles/1836721?nl_pk=153d4a8a-6fb9-4a5…> By Jake Maher A convicted fraudster who had his sentence commuted by then-President Donald Trump — now charged with launching another scam shortly after leaving prison — is embroiled in a fight with New Jersey federal prosecutors over his attempt to assert attorney-client privilege for communications with an Israeli attorney who allegedly participated in the scheme. 3 documents attached | Read full article » <https://www.law360.com/legalethics/articles/1836721?nl_pk=153d4a8a-6fb9-4a5…> | Save to favorites » <https://www.law360.com/legalethics/articles/1836721?nl_pk=153d4a8a-6fb9-4a5…>

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Ga. Atty Disbarred For Trying To Steal $3M Settlement
by Gunnar Larson 15 May '24

15 May '24

Ga. Atty Disbarred For Trying To Steal $3M Settlement <https://www.law360.com/legalethics/articles/1836835?nl_pk=153d4a8a-6fb9-4a5…> By Adrian Cruz The Georgia Supreme Court announced Tuesday that an Atlanta-area elder law and real estate attorney was disbarred because he conspired with online fraudsters to try to steal a $3 million settlement from an insurance company to its policyholder. Opinion attached | Read full article » <https://www.law360.com/legalethics/articles/1836835?nl_pk=153d4a8a-6fb9-4a5…> | Save to favorites » <https://www.law360.com/legalethics/articles/1836835?nl_pk=153d4a8a-6fb9-4a5…>

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Colo. Atty Disbarred For Ghosting Client In Jet Purchase Suit
by Gunnar Larson 15 May '24

15 May '24

Colo. Atty Disbarred For Ghosting Client In Jet Purchase Suit <https://www.law360.com/legalethics/articles/1836998?nl_pk=153d4a8a-6fb9-4a5…> By Greg Lamm A Colorado disciplinary judge has disbarred a lawyer who abandoned his client in a lawsuit alleging the client was sold an $800,000 used business jet that was not airworthy, finding the attorney showed a lack of remorse for his misconduct. Opinion attached | Read full article » <https://www.law360.com/legalethics/articles/1836998?nl_pk=153d4a8a-6fb9-4a5…> | Save to favorites » <https://www.law360.com/legalethics/articles/1836998?nl_pk=153d4a8a-6fb9-4a5…>

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Pay-To-Play Deal Shows Need For Strong Compliance Policies
by Gunnar Larson 15 May '24

15 May '24

Pay-To-Play Deal Shows Need For Strong Compliance Policies <https://www.law360.com/governmentcontracts/articles/1835883?nl_pk=4126fe73-…> The U.S. Securities and Exchange Commission, through its recent settlement with Wayzata, has indicated that it will continue stringent enforcement of the pay-to-play rule, so investment advisers should ensure strong compliance policies are in place to promptly address potential violations as the November elections approach, say attorneys at WilmerHale. Order attached | Read full article » <https://www.law360.com/governmentcontracts/articles/1835883?nl_pk=4126fe73-…> | Save to favorites » <https://www.law360.com/governmentcontracts/articles/1835883?nl_pk=4126fe73-…>

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Keep It Short, And Other Advice From Fed. Circ. Judges
by Gunnar Larson 15 May '24

15 May '24

Keep It Short, And Other Advice From Fed. Circ. Judges <https://www.law360.com/insurance/articles/1836807?nl_pk=59612751-8689-4b1e-…> By Dani Kass Six Federal Circuit judges counseled a packed room of attorneys on Tuesday about the most common ways to ruin their own cases, such as talking too much at oral argument, adding additional citations and attacking judges or opposing counsel. Read full article » <https://www.law360.com/insurance/articles/1836807?nl_pk=59612751-8689-4b1e-…> | Save to favorites » <https://www.law360.com/insurance/articles/1836807?nl_pk=59612751-8689-4b1e-…>

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FINRA Official Calls Off-Channel Flags 'Shockingly Common'
by Gunnar Larson 15 May '24

15 May '24

FINRA Official Calls Off-Channel Flags 'Shockingly Common' <https://www.law360.com/fintech/articles/1837289?nl_pk=d2b3e7ef-ab62-4a62-80…> By Sarah Jarvis A Financial Industry Regulatory Authority official said Tuesday that firms often veer into issues with off-channel business communications thanks to what's on their representatives' business cards and email signatures, and that the biggest red flag of recordkeeping violations are the habits of firms' own leaders and managers. Read full article » <https://www.law360.com/fintech/articles/1837289?nl_pk=d2b3e7ef-ab62-4a62-80…> | Save to favorites » <https://www.law360.com/fintech/articles/1837289?nl_pk=d2b3e7ef-ab62-4a62-80…>

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NYPD, FDNY, teachers and NYC worker pension funds have millions sunk in TikTok parent ByteDance
by Gunnar Larson 15 May '24

15 May '24

https://nypost.com/2024/05/14/us-news/nypd-fdny-teachers-and-nyc-worker-pen… US NEWS EXCLUSIVE NYPD, FDNY, teachers and NYC worker pension funds may have millions sunk in TikTok parent ByteDance By Caitlin Doornbos Published May 14, 2024, 4:57 p.m. ET WASHINGTON – Millions of dollars from US pension funds – including those of New York’s police officers and firefighters – are likely invested in ByteDance, the Chinese-controlled parent company of TikTok that is under a standing order from Congress to sell off the popular social media platform or face its banning. The non-profit investment-watchdog group Future Union has identified 48 pension funds that have entrusted their money with venture capital and private equity firms known to have invested in ByteDance since 2012, according to a new report obtained by The Post Tuesday. Six of the largest are directly tied to New York, including the state’s common retirement fund and teacher’s retirement system, as well as New York City’s employees’ retirement system, police pension fund and teachers’ retirement system. Future Union was unable to track down exactly how much money was directly invested into ByteDance because its proprietary data “is not required to be publicly provided by the pensions funds.”

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RFK Jr. Sues Meta Alleging Censorship Of Campaign Video
by Gunnar Larson 15 May '24

15 May '24

RFK Jr. Sues Meta Alleging Censorship Of Campaign Video <https://www.law360.com/insurance/articles/1836702?nl_pk=59612751-8689-4b1e-…> By Henrik Nilsson Independent presidential candidate Robert F. Kennedy Jr. and the super PAC supporting him sued Meta Platforms Inc. on Monday in California federal court, alleging that the company has censored a 30-minute campaign ad on its platforms in violation of the First Amendment. Complaint attached | Read full article » <https://www.law360.com/insurance/articles/1836702?nl_pk=59612751-8689-4b1e-…> | Save to favorites » <https://www.law360.com/insurance/articles/1836702?nl_pk=59612751-8689-4b1e-…>

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Airline Mogul Says FBI Won't Give Docs In North Carolina Suit
by Gunnar Larson 15 May '24

15 May '24

Airline Mogul Says FBI Won't Give Docs In North Carolina Suit <https://www.law360.com/legalethics/articles/1836495?nl_pk=153d4a8a-6fb9-4a5…> By Catherine Marfin Airline tycoon Farhad Azima has asked a Texas federal court to force the FBI's Houston office to comply with a subpoena for documents related to its criminal investigation of the businessman, writing that the bureau has stonewalled his "basic discovery rights" in connection with a federal lawsuit against a Dechert LLP-hired private investigator. Motion attached | Read full article » <https://www.law360.com/legalethics/articles/1836495?nl_pk=153d4a8a-6fb9-4a5…> | Save to favorites » <https://www.law360.com/legalethics/articles/1836495?nl_pk=153d4a8a-6fb9-4a5…>

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