June 12, 2009 | Daily Report Online
Icahn group buys AC Tropicana casino, 80 pct offCAMDEN, N.J. AP - Billionaire investor Carl Icahn is back in the Atlantic City casino business for what amounts to at least 80 percent off.A bankruptcy court judge in Camden approved the sale of the Tropicana Casino and Resort on Friday to a group of creditors led by Icahn. They're getting it in exchange for $200 million worth of debt in the Tropicana that they bought at a steep discount.
By WAYNE PARRY
4 minute read
May 09, 2007 | Daily Report Online
Prosecutors say a video store clerk's tip was key to foiling Fort Dix terror plotFORT DIX, N.J. AP - One drove a cab, three were roofers. Another worked at a 7-Eleven and a sixth at a supermarket. Their alleged plot to attack Fort Dix was foiled by another blue-collar worker: a video store clerk.Six foreign-born Muslims were accused Tuesday of planning to assault the Army base and slaughter scores of U.
By Wayne Parry
5 minute read
July 13, 2005 | Law.com
Feds Charge Pair in $600 Million Cheese-Making ScamThe former chief executive and CFO of now-defunct cheese maker Suprema Specialties have been indicted on charges they participated in a massive scheme to claim more than $600 million in nonexistent sales. The indictments came the same day that the SEC filed a civil complaint against the pair, alleging they broke securities laws and regulations. Before its collapse in 2002, Suprema was twice included among Forbes' top 200 small companies and also made Fortune's top 100 list.
By Wayne Parry
2 minute read
May 17, 2002 | The Legal Intelligencer
N.J. Judge Alleges He Helped Create The SopranosThe SopranosA judge and former prosecutor claims he helped create the Emmy-winning HBO series The Sopranos, but got iced out of the profits.
By Wayne Parry Associated Press
2 minute read
March 29, 2007 | Law.com
Authorities Break Up $500M Internet Betting RingNew Jersey authorities broke up an international sports betting ring Wednesday they said handled $500 million worth of bets over the past 16 months. State and local officials arrested 47 people and are seeking 12 others. They said the ring, with a communications hub in Costa Rica, used the Internet as well as a network of street-level people to take bets on sports. Three ringleaders were charged with money laundering, conspiracy, racketeering and promoting gambling.
By Wayne Parry
2 minute read
November 01, 2005 | Law.com
School Orders Students to Remove BlogsA Roman Catholic high school has ordered its students to remove their online diaries from the Internet, citing a threat from cyberpredators. The principal told them in an assembly last month to remove any personal journals they might have or risk suspension. An expert at the Electronic Frontier Foundation, which champions bloggers' rights, said there have been several attempts by private institutions elsewhere to restrict or censor students' Web postings.
By Wayne Parry
2 minute read
July 15, 2009 | New Jersey Law Journal
Politician Who Taped Rival With Prostitute Wants City To Pay Legal BillsAtlantic City's jailed former City Council president, Craig Callaway, who pleaded guilty last year to luring a council rival to a motel and secretly taping him having sex with a prostitute, wants the city to pay his legal bills and any civil judgment against him.
By Wayne Parry Associated Press Writer
3 minute read
March 09, 2008 | The Legal Intelligencer
Compulsive gambler chases $20M long-shot lawsuit against casinosShe was an ambitious lawyer and TV commentator who starting going to Atlantic City casinos to relax, and soon was getting high-roller treatment that included limousines whisking her to the resort.
By WAYNE PARRY
5 minute read
December 21, 2006 | Law.com
Feds: N.J. Worker Put 'Bomb' in ComputersA computer administrator upset over layoffs planted an electronic "bomb" in the systems of one of the nation's largest prescription drug management companies, according to prosecutors. If the so-called "logic bomb" had gone off at New Jersey-based Medco Health Solutions, it would have wiped out critical patient information. Even after surviving a round of layoffs, Yung-Hsun Lin kept the code in the system and tinkered with it, but the bug eventually was discovered and neutralized by the company.
By Wayne Parry
3 minute read
April 15, 2004 | Law.com
Eleven Sue PSE&G Claiming Race, Sex BiasEleven current or former employees sued Public Service Electric & Gas Co. Tuesday, claiming racial and sexual discrimination and harassment. Most of the workers, from offices and plants across New Jersey, also claimed they were paid less than their white, male counterparts. The suit seeks unspecified monetary damages and an end to what attorney Lenard Leeds described as "a plantation environment."
By Wayne Parry
3 minute read
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