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Law.com

Antitrust Lawsuit Alleges Scheme to Block Digital-Wallet Competitors, Monopolize Cash Access at US Casinos

This suit was surfaced by Law.com Radar, ALM's source for immediate alerting on just-filed cases in federal and state courts. Law.com Radar now offers state court coverage nationwide.
4 minute read

New York Law Journal

US Judge Rejects Jane Street's Motion for TRO Against Rival Trading Firm in IP Case

U.S. District Judge Paul Engelmayer—turning aside a motion filed by Quinn Emanuel lawyers—said he would order a "highly expedited schedule" for discovery ahead of a bench trial set for July.
4 minute read

Daily Report Online

Atlanta Capital Recruiter Awarded $10M for Unpaid Commissions by Blockchain Company

On April 11, a jury for the U.S. District Court for the Northern District of Georgia delivered a verdict and awarded $7.9 million in damages for unpaid commissions against the company, Future Fintech Group. Additionally, FT Global was awarded pre-judgment interest of over $1.7 million and attorney's fees of over $360,000.
4 minute read

New Jersey Law Journal

Law Firm Says It Was Victim of Check Fraud, Seeks to Recover $118K

The firm says it was contacted by someone who purportedly sought help collecting severance pay from his employer, John Deere.
6 minute read

Corporate Counsel

New York Community Bancorp Taps Skadden Partner as GC Amid Financial Turmoil

Bao Nguyen replaces Patrick Quinn, who joined NYCB in 1999 and had held the general counsel role for the last two years.
3 minute read

Law.com

Law Firm Specializing in 'Crypto Taxation' Claims Former Employee Used Proprietary Info in YouTube Videos

This case was first surfaced by Law.com Radar.
3 minute read

New York Law Journal

Manhattan Jury Finds Terraform, Do Kwon Liable in Crypto Civil Fraud Trial

U.S. District Judge Jed Rakoff of the Southern District of New York said he intends to rule on penalties no later than the first week of May, after receiving briefs from the defendants and the U.S. Securities and Exchange Commission.
3 minute read

New York Law Journal

'Failure Is Not Fraud': Dentons Partner, SEC Make Closing Arguments in Terraform Civil Fraud Trial

After hearing nearly two weeks of evidence in the civil fraud case, jurors in the Southern District of New York on Friday began deliberating on whether cryptocurrency company Terraform Labs and its founder Do Kwon defrauded investors by lying about the company's success.
4 minute read

New York Law Journal

Billionaire Joe Lewis Avoids Prison Time After Guilty Plea in Insider Trading Case

Lewis' attorney David Zornow of Skadden, Arps, Slate, Meagher & Flom urged Clarke to consider that Lewis chose to come to the United States to face his charges and then took responsibility by pleading guilty.
3 minute read

New York Law Journal

Brothers Plead Guilty to Securities Fraud Involving Proposed 2021 Trump SPAC Merger

Each pleaded guilty to one count of securities fraud. The remaining defendant in the case, former DWAC board member Bruce Garelick, has pleaded not guilty to securities fraud charges.
2 minute read

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