Alyssa Aquino is a Litigation Reporter for the New York Law Journal, covering the New York City courts, securities and financial services litigation. She can be reached at [email protected].
December 10, 2024 | New York Law Journal
Morgan Stanley Hit With $15M Fine After Advisers Take MillionsThe U.S. Securities and Exchange Commission said that Morgan Stanley failed to detect hundreds of unauthorized transfers that occurred between May 2015 and July 2022 and to “reasonably supervise” its employees.
By Alyssa Aquino
2 minute read
December 06, 2024 | New York Law Journal
Venezuela Faces Creditor Ire After Missing $1.5B Bond PaymentsBacked by Duane Morris, the bondholder claims Venezuela breached the terms of the bonds when it stopped making semiannual 9.375% interest payments and failed to repay the principal when the loans matured in 2018.
By Alyssa Aquino
2 minute read
December 06, 2024 | International Edition
Venezuela Faces Creditor Class Action Suit After Missing $1.5B Bond PaymentsBacked by Duane Morris, the bondholder claims Venezuela breached the terms of the bonds when it stopped making semiannual 9.375% interest payments and failed to repay the principal when the loans matured in 2018.
By Alyssa Aquino
2 minute read
December 05, 2024 | New York Law Journal
Internet Archive Won't Take E-Library Case to Supreme CourtThe Internet Archive said it will not be fighting an appeals court ruling requiring the removal of its free digital library following a copyright showdown from major publishers represented by Davis Wright Tremaine and the archive's Morrison & Foerster counsel.
By Alyssa Aquino
3 minute read
December 04, 2024 | New York Law Journal
Founder of Failed Crypto Lender Confesses to FraudAlex Mashinsky pleaded guilty to commodities fraud and to a scheme to manipulate the price of Celsius' token weeks before he was scheduled to stand trial.
By Alyssa Aquino
2 minute read
December 03, 2024 | New York Law Journal
Advocates Renew Campaign for Immigrant Right to Counsel in New YorkSupporters of the Access to Representation Act say that guaranteed legal representation—regardless of ability to pay—will ensure that immigrants receive due process at court, where they must present their case to stay in the country against government attorneys.
By Alyssa Aquino
3 minute read
December 03, 2024 | New York Law Journal
CFPB Aims to Regulate Data Brokers Selling Personal InfoIf finalized, the proposed rule would have the federal agency treating data broker sales of a person’s credit history, credit score, debt payments, or income as credit report sales subject to the Fair Credit Reporting Act.
By Alyssa Aquino
3 minute read
December 02, 2024 | New York Law Journal
JPMorgan, Tesla Call Off $162M Stock Warrant CaseThe companies informed the Manhattan federal court on Friday that they were dropping the case with prejudice.
By Alyssa Aquino
2 minute read
November 27, 2024 | New York Law Journal
GE Agrees to $362.5M Deal to End Shareholder Claims Over Power, Insurance RisksThe deal between General Electric and investors represented by Kessler Topaz Meltzer & Check had been reached in the lead-up to a trial that would have seen the company and investors squaring off on when executives became aware of what shareholders called “an undisclosed ticking time bomb."
By Alyssa Aquino
2 minute read
November 26, 2024 | New York Law Journal
Warner Bros. Accused of Misleading Investors on NBA TalksRichard Collura alleges that Warner Bros. only came clean about the riskiness of its contract renegotiation efforts in August, after it logged a $9.1 billion noncash goodwill impairment charge from, among others, “uncertainty related to affiliate and sports rights renewals, including the NBA.”
By Alyssa Aquino
3 minute read
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