The ruling could be another setback for Fabrice Tourre ahead of his trial on July 15 where he is accused of misleading investors.
California voters asked once again to settle the matter even after the Supreme Court's expected ruling on the issue.
The move by securities regulators to try to extract admissions of wrongdoing in some settlements could ultimately force more cases to go to trial, the SEC chief said.
DISCRIMINATION - Marman v. U.S. Airways
COMPLAINT - Plaintiff was ordered to “pull up [his] pants” before boarding aircraft. Confrontation resulted in plaintiff being removed from aircraft and placed in full-body restraints. (N.D. Cal.)
CONSTITUTIONAL LAW - People v. Barnes
OPINION - Defendant took victim’s smartphone at gunpoint. Phone company was able to “ping” phone, and officers were able to determine defendant’s location. Defendant had no reasonable expectation of privacy in phone, nor was phone company akin to an “untested informant.” (Cal.Ct. App., 1st Dist.)
REAL PROPERTY – Interface Kanner LLC v. JPMorgan Chase Bank
PETITION FOR CERT. – Washington Mutual made a deal to build a bank building. When WaMu failed, the FDIC took over its assets, then sold them to JPMorgan. The FDIC and then JPMorgan argued that under FIRREA, they could reject the lease for the building because it was a “bank premise.” The Eleventh Circuit agreed, but petitioners argue that the decision conflicts with O’Melveny & Myers v. FDIC. (U.S.)
REAL PROPERTY - Caciopoli v. Lebowitz
OPINION - Defendant mistakenly removed trees that were on plaintiff’s property, reducing privacy and value of home. Damages of $150,000. per common law were not limited by Connecticut general statutes § 52–560. (Conn.)
HABEAS CORPUS - Portillo v. Bharara
SUMMARY ORDER - Even though habeas corpus petitioner was detained in Guatamala at the request of U.S. authorities, who wished to extradite him, he was not in U.S. custody and his habeas petition was properly dismissed. (2d Cir.)
David Graff has left Windels Marx Lane and Mittendorf to join Anderson Kill as shareholder; Mintz Levin hires former FTC Commissioner Jon Leibowitz.
Adam Levitt, head of Grant & Eisenhofer’s consumer practice group, has represented farmers in two major cases accusing companies of contaminating U.S. markets for corn and rice with genetically modified seeds.
Investors are suing Porsche for more than $5.4 bln over its failed attempt to take over Volkswagen in 2008.
Patent litigation filings hit a record high, spurred by recently enacted legislation and the proliferation of suits brought by non-practicing entities, the study said.
Jon Leibowitz will work on antitrust and privacy matters for the firm four months after he stepped down as chairman of the commission.
A military judge ruled that the trial of an Army psychiatrist accused of killing 13 people in a shooting rampage at Fort Hood will open no earlier than August 6.
The Congressional Budget Office estimated that the legislation would reduce deficits by $197 bln from 2014 to 2023 and by $700 bln from 2024 to 2033.
San Jose alleges in its suit that Major League Baseball is holding up a proposed relocation by the Oakland Athletics to the Silicon Valley city.
The judge found that Saturdays Surf NYC had not shown that consumers were likely to be confused by their brand and the new brand launched by women’s clothier Kate Spade.
Todd Newman, a former employee at Diamondback Capital Management, and Anthony Chiasson, co-founder of Level Global Investors, had been set to begin prison sentences later this summer.
Sign up now for newsletters
View archived newsletters(Only available to logged in Thomson Reuters News & Insight newsletter subscribers)
Sign into Westlaw
Have a WestlawNext Subscription? Sign into WestlawNext
Download Thomson Reuters News & Insight iPhone & iPod Application and take us with you wherever you go.
Fabrice Tourre and the 'back door' advice of counsel defense
read more »
Should defendants fear new SEC policy on admissions in settlements?
read more »
More ripples from 2nd Circuit ruling on MBS class action standing
read more »
A Great Response to a Cease and Desist Letter
Who Is The Richest Supreme Court Justice? A Net Worth Ranking
Check out our coverage of the nation’s top court: news stories and insight from Reuters journalists, enhanced with pictures, slideshows and more
With experts in over 30,000 areas of expertise, Westlaw Round Table Group connects you with expert witnesses in all fields.
Practice productively and efficiently so you can deliver cost-effective and impressive litigation results.
© 2013 Thomson Reuters