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DEATH to the CATO institute and REASON magazine
by pro2rat＠yahoo.com.au 10 Apr '24

10 Apr '24

But don't just listen to me . . . Tim writes: " Between Cato arguing for victim disarmament and Reason arguing that "right to liberty is preceded by the right to life," I say we just kill them all and let Rand sort them out." An oldie but a goodie.

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5th Circ. Blocks Biden Admin's Predatory College Loan Rule
by Gunnar Larson 09 Apr '24

09 Apr '24

5th Circ. Blocks Biden Admin's Predatory College Loan Rule <https://www.law360.com/banking/articles/1821789?nl_pk=feb6bbba-7878-4d39-be…> By Craig Clough The Fifth Circuit has ordered a preliminary injunction blocking the Biden administration's changes to a program providing student loan forgiveness to borrowers defrauded by higher education institutions, finding that the plaintiff representing for-profit colleges demonstrated a likelihood of suffering irreparable harm without the injunction. Opinion attached | Read full article » <https://www.law360.com/banking/articles/1821789?nl_pk=feb6bbba-7878-4d39-be…> | Save to favorites » <https://www.law360.com/banking/articles/1821789?nl_pk=feb6bbba-7878-4d39-be…>

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BofA Objects To Allowing Zelle Fraud Claim To Proceed
by Gunnar Larson 09 Apr '24

09 Apr '24

BofA Objects To Allowing Zelle Fraud Claim To Proceed <https://www.law360.com/banking/articles/1822332?nl_pk=feb6bbba-7878-4d39-be…> By Emilie Ruscoe Bank of America took umbrage with certain recommendations a federal magistrate judge made in allowing to proceed a proposed class action over alleged fraud on the peer-to-peer payment service Zelle. 1 document attached | Read full article » <https://www.law360.com/banking/articles/1822332?nl_pk=feb6bbba-7878-4d39-be…> | Save to favorites » <https://www.law360.com/banking/articles/1822332?nl_pk=feb6bbba-7878-4d39-be…>

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FTC Defends In-House Judges' Role In H&R Block Case
by Gunnar Larson 09 Apr '24

09 Apr '24

FTC Defends In-House Judges' Role In H&R Block Case <https://www.law360.com/competition/articles/1822974?nl_pk=6416fd97-1dc4-4e0…> By Anna Scott Farrell H&R Block wrongly claimed that the Federal Trade Commission's administrative law judges should be disqualified from overseeing an administrative proceeding accusing the tax preparation company of deceptive advertising, FTC lawyers told the agency, arguing the judges don't have illegal job protections. Response attached | Read full article » <https://www.law360.com/competition/articles/1822974?nl_pk=6416fd97-1dc4-4e0…> | Save to favorites » <https://www.law360.com/competition/articles/1822974?nl_pk=6416fd97-1dc4-4e0…>

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SEC 'Shadow Trading' Victory Could Bring DOJ Knocking
by Gunnar Larson 09 Apr '24

09 Apr '24

SEC 'Shadow Trading' Victory Could Bring DOJ Knocking <https://www.law360.com/compliance/articles/1822980?nl_pk=ab5ce197-c1fb-4d8e…> By Jessica Corso Now that the U.S. Securities and Exchange Commission has convinced a jury that a pharmaceutical executive committed insider trading by purchasing a competitor's stock in a practice often referred to as "shadow trading," attorneys say federal prosecutors might be tempted to dip their toe into the waters of the previously untested legal theory. Read full article » <https://www.law360.com/compliance/articles/1822980?nl_pk=ab5ce197-c1fb-4d8e…> | Save to favorites » <https://www.law360.com/compliance/articles/1822980?nl_pk=ab5ce197-c1fb-4d8e…>

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Chancery Approves $36M Sirius XM Settlement, $9.6M Atty Fee
by Gunnar Larson 09 Apr '24

09 Apr '24

Chancery Approves $36M Sirius XM Settlement, $9.6M Atty Fee <https://www.law360.com/mergersacquisitions/articles/1822855?nl_pk=a34c25b5-…> By Leslie A. Pappas Sirius XM Holding Inc. stockholders who sued in Delaware's Court of Chancery over an alleged ongoing squeeze-out by Liberty Media Corp. won court approval Monday of a $36 million settlement to end their litigation, along with a $9.6 million payout for their attorneys and $50,000 for the lead plaintiff. Read full article » <https://www.law360.com/mergersacquisitions/articles/1822855?nl_pk=a34c25b5-…> | Save to favorites » <https://www.law360.com/mergersacquisitions/articles/1822855?nl_pk=a34c25b5-…>

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Ex-Client Says NJ Atty To Blame For Shoddy Pandemic Deal
by Gunnar Larson 09 Apr '24

09 Apr '24

Ex-Client Says NJ Atty To Blame For Shoddy Pandemic Deal <https://www.law360.com/health/articles/1822021?nl_pk=6422bbc2-a823-4be5-9a9…> By Jake Maher A woman suing her former attorneys for allegedly forcing her into an unfavorable deal in a medical malpractice suit has urged a New Jersey state court not to dismiss claims against one of the attorneys, reiterating to the court that both attorneys were responsible for her botched case. Brief attached | Read full article » <https://www.law360.com/health/articles/1822021?nl_pk=6422bbc2-a823-4be5-9a9…> | Save to favorites » <https://www.law360.com/health/articles/1822021?nl_pk=6422bbc2-a823-4be5-9a9…>

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FINRA Fines Broker-Dealer, CEO In Text Messaging Action
by Gunnar Larson 09 Apr '24

09 Apr '24

FINRA Fines Broker-Dealer, CEO In Text Messaging Action <https://www.law360.com/compliance/articles/1822998?nl_pk=ab5ce197-c1fb-4d8e…> By Sarah Jarvis Dawson James Securities Inc. and its CEO have agreed to pay the Financial Industry Regulatory Authority a combined $510,000 to end the broker watchdog's allegations that the firm failed to review thousands of business-related text messages and had an inadequate supervisory system. Letter attached | Read full article » <https://www.law360.com/compliance/articles/1822998?nl_pk=ab5ce197-c1fb-4d8e…> | Save to favorites » <https://www.law360.com/compliance/articles/1822998?nl_pk=ab5ce197-c1fb-4d8e…>

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Wells Fargo Knew Of Ex-Texas Atty's Fraud, Victims Claim
by Gunnar Larson 09 Apr '24

09 Apr '24

Wells Fargo Knew Of Ex-Texas Atty's Fraud, Victims Claim <https://www.law360.com/compliance/articles/1823036?nl_pk=ab5ce197-c1fb-4d8e…> By Peter McGuire Victims of a former Texas attorney's multimillion-dollar fraud urged a Lone Star State federal court on Monday to keep alive their lawsuit accusing Wells Fargo Bank NA of enabling the scheme, arguing the bank was aware the lawyer was misusing clients' money and profited from the arrangement. Response attached | Read full article » <https://www.law360.com/compliance/articles/1823036?nl_pk=ab5ce197-c1fb-4d8e…> | Save to favorites » <https://www.law360.com/compliance/articles/1823036?nl_pk=ab5ce197-c1fb-4d8e…>

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High Court Should Settle Circuit Split On Risk Disclosures
by Gunnar Larson 09 Apr '24

09 Apr '24

High Court Should Settle Circuit Split On Risk Disclosures <https://www.law360.com/cybersecurity-privacy/articles/1820871?nl_pk=3dfd2fd…> The U.S. Supreme Court should grant the petition for writ of certiorari in the Facebook case to resolve a growing circuit split concerning when risk disclosures can be misleading under federal securities laws, and its decision should align with the intent of Congress and the U.S. Securities and Exchange Commission, says Richard Zelichov at DLA Piper. Read full article » <https://www.law360.com/cybersecurity-privacy/articles/1820871?nl_pk=3dfd2fd…> | Save to favorites » <https://www.law360.com/cybersecurity-privacy/articles/1820871?nl_pk=3dfd2fd…>

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