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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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Boston Federal Judge To Be Witness In City Harassment Case
by Gunnar Larson 14 May '24

14 May '24

Boston Federal Judge To Be Witness In City Harassment Case <https://www.law360.com/insurance/articles/1836628?nl_pk=59612751-8689-4b1e-…> By Julie Manganis A former Boston city employee will be allowed to call a senior federal judge to testify about a conversation the two had months before she reported being sexually harassed by a former city health director, a state court has ruled. Order attached | Read full article » <https://www.law360.com/insurance/articles/1836628?nl_pk=59612751-8689-4b1e-…> | Save to favorites » <https://www.law360.com/insurance/articles/1836628?nl_pk=59612751-8689-4b1e-…>

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50 Cent, GC Accused Of Federal Wiretap Violations
by Gunnar Larson 14 May '24

14 May '24

50 Cent, GC Accused Of Federal Wiretap Violations <https://www.law360.com/cybersecurity-privacy/articles/1836492?nl_pk=3dfd2fd…> By Yun Park A liquor business consultant has told a New York state court that Curtis "50 Cent" Jackson and the rapper's general counsel violated federal and New Jersey wiretap statutes, after the court dismissed an earlier counterclaim lodged under the Illinois Eavesdropping Act. 1 document attached | Read full article » <https://www.law360.com/cybersecurity-privacy/articles/1836492?nl_pk=3dfd2fd…> | Save to favorites » <https://www.law360.com/cybersecurity-privacy/articles/1836492?nl_pk=3dfd2fd…>

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Judge Judy Files Defamation Suit Over Menendez Bros. Claim
by Gunnar Larson 14 May '24

14 May '24

Judge Judy Files Defamation Suit Over Menendez Bros. Claim <https://www.law360.com/competition/articles/1836696?nl_pk=6416fd97-1dc4-4e0…> By Hailey Konnath Television personality Judge Judy on Monday lodged a defamation suit claiming that the National Enquirer's owner published articles falsely claiming that she was pushing to get the infamous Menendez brothers a new trial. Complaint attached | Read full article » <https://www.law360.com/competition/articles/1836696?nl_pk=6416fd97-1dc4-4e0…> | Save to favorites » <https://www.law360.com/competition/articles/1836696?nl_pk=6416fd97-1dc4-4e0…>

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Judge Says Bold, Italic Font Muddies Allbirds Investor Suit
by Gunnar Larson 14 May '24

14 May '24

Judge Says Bold, Italic Font Muddies Allbirds Investor Suit <https://www.law360.com/capitalmarkets/articles/1836078?nl_pk=abe82add-2a33-…> By Katryna Perera A California federal judge has tossed for now a proposed class action from Allbirds Inc. investors who claim the sustainable shoe retailer made false and misleading statements in registration documents connected to its initial public offering, saying the complaint doesn't indicate which statements from the company's executives were allegedly misleading. Order attached | Read full article » <https://www.law360.com/capitalmarkets/articles/1836078?nl_pk=abe82add-2a33-…> | Save to favorites » <https://www.law360.com/capitalmarkets/articles/1836078?nl_pk=abe82add-2a33-…>

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Sens. Slam DOJ's Money Transmitting Biz Interpretation
by Gunnar Larson 14 May '24

14 May '24

Sens. Slam DOJ's Money Transmitting Biz Interpretation <https://www.law360.com/capitalmarkets/articles/1836632?nl_pk=abe82add-2a33-…> By Katryna Perera A pair of U.S. senators say they have "significant concerns" about how the U.S. Department of Justice is interpreting the definition of "money transmission" in two recent criminal actions over crypto mixers, warning that such an interpretation "threatens to criminalize core elements of Bitcoin and other crypto networks." Letter attached | Read full article » <https://www.law360.com/capitalmarkets/articles/1836632?nl_pk=abe82add-2a33-…> | Save to favorites » <https://www.law360.com/capitalmarkets/articles/1836632?nl_pk=abe82add-2a33-…>

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Tesla Threatened To Fire Holland & Knight, Law Prof Says
by Gunnar Larson 14 May '24

14 May '24

Tesla Threatened To Fire Holland & Knight, Law Prof Says <https://www.law360.com/banking/articles/1836715?nl_pk=feb6bbba-7878-4d39-be…> By Hailey Konnath Tesla tried to bully a law professor out of filing an amicus brief in investors' suit over Elon Musk's $56 billion compensation plan, in part by threatening to fire the company's longtime outside counsel at Holland & Knight LLP if the professor submitted his brief, according to a filing Monday in Delaware. Read full article » <https://www.law360.com/banking/articles/1836715?nl_pk=feb6bbba-7878-4d39-be…> | Save to favorites » <https://www.law360.com/banking/articles/1836715?nl_pk=feb6bbba-7878-4d39-be…>

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