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Bribe-Laundering Gets Ecuador Ex-Official 10 Years In Prison
by Gunnar Larson 02 Oct '24

02 Oct '24

Bribe-Laundering Gets Ecuador Ex-Official 10 Years In Prison <https://www.law360.com/compliance/articles/1884338?nl_pk=ab5ce197-c1fb-4d8e…> By David Minsky A Florida federal judge on Tuesday sentenced Ecuador's former comptroller to 10 years in prison after a jury earlier this year convicted him on multiple counts related to laundering millions of dollars in bribe money he received in exchange for eliminating fines connected to a defective hydroelectric dam and other projects. Order attached | Read full article » <https://www.law360.com/compliance/articles/1884338?nl_pk=ab5ce197-c1fb-4d8e…> | Save to favorites » <https://www.law360.com/compliance/articles/1884338?nl_pk=ab5ce197-c1fb-4d8e…>

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Meta Must Face Bulk Of Social Media Harms Securities Suit
by Gunnar Larson 02 Oct '24

02 Oct '24

Meta Must Face Bulk Of Social Media Harms Securities Suit <https://www.law360.com/capitalmarkets/articles/1885156?nl_pk=abe82add-2a33-…> By Hailey Konnath A California federal judge on Monday trimmed but refused to throw out a proposed securities class action claiming Meta Platforms Inc. and its executives misled investors about the harmful effects of social media, finding that the investors pointed to plausibly misleading statements regarding mental health and keeping children safe. Opinion attached | Read full article » <https://www.law360.com/capitalmarkets/articles/1885156?nl_pk=abe82add-2a33-…> | Save to favorites » <https://www.law360.com/capitalmarkets/articles/1885156?nl_pk=abe82add-2a33-…>

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Binance GC Is Building The Firm's Future, One Atty At A Time
by Gunnar Larson 02 Oct '24

02 Oct '24

Binance GC Is Building The Firm's Future, One Atty At A Time <https://www.law360.com/capitalmarkets/articles/1884989?nl_pk=abe82add-2a33-…> By Aislinn Keely Binance general counsel Eleanor Hughes says she inherited "probably one of the most stressful situations a lawyer can face" when she entered her role as the company negotiated a $4.3 billion settlement with U.S. authorities, but since then her focus has been on building the right team to guide the firm's compliance forward. Read full article » <https://www.law360.com/capitalmarkets/articles/1884989?nl_pk=abe82add-2a33-…> | Save to favorites » <https://www.law360.com/capitalmarkets/articles/1884989?nl_pk=abe82add-2a33-…>

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Tesla Dodges Investor Suit Over Self-Driving Tech Claims
by Gunnar Larson 02 Oct '24

02 Oct '24

Tesla Dodges Investor Suit Over Self-Driving Tech Claims <https://www.law360.com/technology/articles/1884112?nl_pk=2bd720dd-746c-4744…> By Jessica Corso A California federal judge has released Tesla Inc. from litigation accusing it of deceiving investors about the capabilities and safety record of its self-driving technology, granting it at least a temporary reprieve from the class action litigation because suing shareholders hadn't shown that CEO Elon Musk knew his statements about the technology were false. Order attached | Read full article » <https://www.law360.com/technology/articles/1884112?nl_pk=2bd720dd-746c-4744…> | Save to favorites » <https://www.law360.com/technology/articles/1884112?nl_pk=2bd720dd-746c-4744…>

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Amex Sued By Merchants Over 'Anti-Steering' Rule
by Gunnar Larson 02 Oct '24

02 Oct '24

Amex Sued By Merchants Over 'Anti-Steering' Rule <https://www.law360.com/competition/articles/1884733?nl_pk=6416fd97-1dc4-4e0…> By Julie Manganis American Express violates federal antitrust laws by effectively preventing nearly all businesses that accept credit cards from incentivizing customers to use other cards with lower fees, a proposed class action alleges. Complaint attached | Read full article » <https://www.law360.com/competition/articles/1884733?nl_pk=6416fd97-1dc4-4e0…> | Save to favorites » <https://www.law360.com/competition/articles/1884733?nl_pk=6416fd97-1dc4-4e0…>

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Crypto Developers Take Aim At 'Patent Trolls' In New Deal
by Gunnar Larson 02 Oct '24

02 Oct '24

Crypto Developers Take Aim At 'Patent Trolls' In New Deal <https://www.law360.com/fintech/articles/1884437?nl_pk=d2b3e7ef-ab62-4a62-80…> By Jamie Lennox A cryptocurrency collective said Tuesday it has inked a deal with Unified Patents to help stop "patent trolls" from registering intellectual property that risks hampering blockchain innovation. Read full article » <https://www.law360.com/fintech/articles/1884437?nl_pk=d2b3e7ef-ab62-4a62-80…> | Save to favorites » <https://www.law360.com/fintech/articles/1884437?nl_pk=d2b3e7ef-ab62-4a62-80…>

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Binance GC Is Building The Firm's Future, One Atty At A Time
by Gunnar Larson 02 Oct '24

02 Oct '24

Binance GC Is Building The Firm's Future, One Atty At A Time <https://www.law360.com/fintech/articles/1884989?nl_pk=d2b3e7ef-ab62-4a62-80…> By Aislinn Keely Binance general counsel Eleanor Hughes says she inherited "probably one of the most stressful situations a lawyer can face" when she entered her role as the company negotiated a $4.3 billion settlement with U.S. authorities, but since then her focus has been on building the right team to guide the firm's compliance forward. Read full article » <https://www.law360.com/fintech/articles/1884989?nl_pk=d2b3e7ef-ab62-4a62-80…> | Save to favorites » <https://www.law360.com/fintech/articles/1884989?nl_pk=d2b3e7ef-ab62-4a62-80…>

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Israeli Analytics Co. Beats 'Social Engineering' Suit, For Now
by Gunnar Larson 02 Oct '24

02 Oct '24

Israeli Analytics Co. Beats 'Social Engineering' Suit, For Now <https://www.law360.com/newyork/articles/1884301?nl_pk=ac5a3855-e47c-4403-be…> By Sydney Price A New York federal judge has dismissed a proposed investor class action against Israeli security analytics company Cognyte Software Ltd. over claims that its tools were used to surveil and "social-engineer" journalists and politicians, saying many of the alleged misstatements are inactionable as currently presented. Opinion attached | Read full article » <https://www.law360.com/newyork/articles/1884301?nl_pk=ac5a3855-e47c-4403-be…> | Save to favorites » <https://www.law360.com/newyork/articles/1884301?nl_pk=ac5a3855-e47c-4403-be…>

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Judge Backs Ban On Protests Targeting Guo Ch. 11 Trustee
by Gunnar Larson 02 Oct '24

02 Oct '24

Judge Backs Ban On Protests Targeting Guo Ch. 11 Trustee <https://www.law360.com/newyork/articles/1884565?nl_pk=ac5a3855-e47c-4403-be…> By Brian Steele A Connecticut federal judge has affirmed a ban on certain protests aimed at the Chapter 11 trustee overseeing the bankruptcy estate of Chinese dissident Miles Guo, also known as Ho Wan Kwok, after the trustee faced death threats because of his investigation and a failed $250 million settlement. Order attached | Read full article » <https://www.law360.com/newyork/articles/1884565?nl_pk=ac5a3855-e47c-4403-be…> | Save to favorites » <https://www.law360.com/newyork/articles/1884565?nl_pk=ac5a3855-e47c-4403-be…>

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Rocket Cos. Investors Lose Cert Bid In Post-Goldman Ruling
by Gunnar Larson 02 Oct '24

02 Oct '24

Rocket Cos. Investors Lose Cert Bid In Post-Goldman Ruling <https://www.law360.com/banking/articles/1884615?nl_pk=feb6bbba-7878-4d39-be…> By Jessica Corso A Michigan federal judge has declined to grant class status to Rocket Cos. investors suing over the company's post-pandemic loan portfolio, saying that optimistic statements about the firm's future were too generic to be relied upon in light of a recent U.S. Supreme Court ruling in Goldman Sachs' favor that dealt with a similar issue. Opinion attached | Read full article » <https://www.law360.com/banking/articles/1884615?nl_pk=feb6bbba-7878-4d39-be…> | Save to favorites » <https://www.law360.com/banking/articles/1884615?nl_pk=feb6bbba-7878-4d39-be…>

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