September 06, 2017 | New York Law Journal
Sports Radio Host Craig Carton Charged With Fraud in Ticket SchemeSports radio personality Craig Carton, co-host of WFAN's "Boomer and Carton in the Morning," was arrested Wednesday over allegations he misled investors in a ticket selling business in order to resolve gambling debts.
By B. Colby Hamilton
2 minute read
September 01, 2017 | New York Law Journal
Weil Gotshal Partner Discusses the End of Decade-Long Case That Presaged the Great RecessionThe decision in 'Stender v. Archstone-Smith Operating Trust' by U.S. District Judge William Martinez of the District of Colorado granting summary judgment to dismiss the class action is, on its face, a relatively straightforward contract case. It's only once the full context of the $1 billion action is known that the scope of the litigation becomes appreciable. Weil, Gotshal & Manges partner Jonathan Polkes, co-chair of the firm's global litigation department, appreciates the context.
By B. Colby Hamilton
16 minute read
September 01, 2017 | New York Law Journal
SEC Drops Securities Fraud Suit Against Benjamin WeyThe U.S. Securities and Exchange Commission announced Friday that it, too, was dropping its case against Wall Street financier Benjamin Wey, in the face of a sweeping evidence suppression order in the criminal suit against Wey.
By B. Colby Hamilton
5 minute read
August 31, 2017 | New York Law Journal
Second Circuit Lifts Some, Not All, of Dead Sea Scroll Scholar's Impersonation ConvictionsThe Second Circuit found Thursday that the New York high court's narrowing of state criminal impersonation and fraud statutes required the dismissal of some convictions in 'Golb v. Attorney General of the State of New York'. But that wasn't enough to get a Dead Sea scrolls scholar entirely off the hook for impersonating other scholars in an attempt to embarrass or do their reputations harm for disagreeing with his father's interpretation of the ancient texts.
By B. Colby Hamilton
6 minute read
August 31, 2017 | New York Law Journal
Wells Fargo Arbitration Push Questioned in Class ActionWells Fargo is accused of potentially "strip[ping] customers" of their constitutional rights by pursuing arbitration, according to a brief filed by plaintiffs in the leading class action suit over forced car insurance by the bank.
By B. Colby Hamilton
2 minute read
August 30, 2017 | New York Law Journal
ADA Discrimination Case Against JetBlue Tossed, AgainThough it had been revived on appeal, a former JetBlue employee again saw her Americans with Disabilities Act suit dismissed in the U.S. District Court for the Southern District of New York this week.
By B. Colby Hamilton
7 minute read
August 30, 2017 | New York Law Journal
Former West Point Cadet's Sexual Assault Liability Suit Stymied by Second CircuitThe separation between the civilian court system and the U.S. military, repeatedly affirmed by the U.S. Supreme Court, won't allow a former West Point cadet's attempts to hold superior officers accountable for an on-campus sexual assault to go forward, a split U.S. Court of Appeals for the Second Circuit panel found Wednesday.
By B. Colby Hamilton
5 minute read
August 29, 2017 | New York Law Journal
In Dissent, Circuit Judge Challenges Decades-Old Representational Standing RuleSecond Circuit Judge Dennis Jacobs stated up front that he did not believe the two original plaintiffs had standing in the suit seeking to stop an ordinance targeting Latino dayworkers in a Long Island town.
By B. Colby Hamilton
5 minute read
August 29, 2017 | New York Law Journal
Bid to Apply 'Honeycutt' to SEC Disgorgement Scuttled by Appellate PanelA Second Circuit panel Tuesday said it wasn't swayed by arguments hoping to apply a recent U.S. Supreme Court decision limiting excessive forfeitures to a $52.5 million disgorgement won by the Securities and Exchange Commission.
By B. Colby Hamilton
5 minute read
August 28, 2017 | New York Law Journal
More Class Actions Over Blue Apron's Post-IPO TroublesFood delivery service Blue Apron, which has faced significant challenges since the issuance of its initial public offering, is now confronted with another class action suit by an investor over alleged securities violations.
By B. Colby Hamilton
2 minute read