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].
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
November 26, 2024 | New York Law Journal
Former Wamco Exec Charged With $600M 'Cherry-Picking' FraudKen Leech faces charges of investment adviser fraud, securities fraud, commodity trading adviser fraud and commodities fraud, as well as a charge of making false statements, which collectively expose him to a potential 65-year prison sentence.
By Alyssa Aquino
3 minute read
November 25, 2024 | New York Law Journal
'America's Next Top Model' Contestant Says Ye Assaulted HerThe lawsuit further targets Ye’s label, Universal Music Group, alleging the company fostered a culture "rampant" with sexual harassment.
By Alyssa Aquino
3 minute read
November 25, 2024 | New York Law Journal
Bankruptcy Judge to Step Down in 2025Judge James L. Garrity Jr. will remain active on the court to wind down his current caseload until he steps down on Sept. 30, 2025, the Manhattan bankruptcy court announced.
By Alyssa Aquino
2 minute read
November 22, 2024 | New York Law Journal
NY Judge Indefinitely Delays Sentencing in Trump Hush Money CaseJudge Juan Merchan of the Supreme Court of the State of New York also allowed Trump's defense team to move to dismiss the case.
By Alyssa Aquino and Emily Saul
3 minute read
November 21, 2024 | New York Law Journal
Lululemon Faces Legal Fire Over Its DEI Program After Bias Complaints SurfaceThe program "was not structured so as to meaningfully combat discrimination within Lululemon... as a result, Lululemon employees continued to experience discriminatory treatment," according to two shareholder complaints.
By Alyssa Aquino
3 minute read
November 19, 2024 | New York Law Journal
AI Startup Founder Defrauded Investors of Millions, US Prosecutors SayNew York prosecutors claim that Joanna Smith-Griffin fraudulently obtained $10 million in funding until her company's collapse in June.
By Alyssa Aquino
3 minute read
November 19, 2024 | Law.com
US Judge Rejects Investor Claim That Target Hid Pandemic Inventory IssuesA Minnesota U.S. District Court judge found that the investor lawsuit relied on testimony from employees without personal knowledge of the retailer's purchasing strategy.
By Alyssa Aquino
2 minute read
November 15, 2024 | New York Law Journal
Ben & Jerry’s Accuses Corporate Parent of ‘Silencing’ Support for Palestinian RightsThe claims are the latest in ongoing tensions between Ben & Jerry's and Unilever following the ice cream maker's decision to end sales in the Israeli-occupied West Bank.
By Alyssa Aquino
3 minute read
November 14, 2024 | New York Law Journal
Bank of America's Cash Sweep Program Attracts New Legal Fire in Class ActionA New Jersey resident accused the bank of offering paltry interest rates on its "cash sweep" accounts.
By Alyssa Aquino
3 minute read