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June 07, 2024 | National Law Journal

Ex-HF Foods Execs Reach SEC Settlement Amid Securities Fraud Allegations

Zhou Min Ni, who served as the CEO or Co-CEO of HF Foods from 1997 until February 2021, and Jian Ming "Jonathan" Ni, who served as the chief financial officer from 2015 to 2019, agreed to the settlement without admitting or denying the allegations of the SEC's securities fraud complaint.
3 minute read
June 07, 2024 | National Law Journal

Va. Supreme Court Upholds Wedding Company's Land Use Privileges in Loudoun County

"Significantly, the challenged amendment attempted to impose substantial new restrictions that would prohibit most commercial activities on the property. The pertinent provision of Paragraph 19 does not permit such a broad amendment of the restrictive covenants," the Virginia Supreme Court said in a written opinion favoring Dorcon Group LLC.
2 minute read
June 07, 2024 | National Law Journal

Seeing Advantages in Solo Practice, Big Law Partner Launches Firm for Compliance, Monitorship Matters

"Clients really want to just pick their lawyers more than they want to pick sometimes the law firm," noted Steve Solow, who left Big Law after more than 20 years.
5 minute read
June 07, 2024 | National Law Journal

Tickets From Beyoncé and Sweet Book Deals: Justices Divulge Income, Gifts

In financial disclosures released Friday, members of the U.S. Supreme Court revealed how they supplemented their $285,400 salaries ($298,500 for the chief justice) in 2023.
5 minute read
June 07, 2024 | National Law Journal

'Micula v. Romania': DC Circuit Offers Hint of What's to Come for Intra-EU Awards

European Union states and the European Commission argue that any offer to arbitrate in an intra-EU Biliateral Investment Treaty is void ab initio and an award rendered by virtue of such a BIT must be invalid for lack of jurisdiction. That position, however, has had less traction in jurisdictions outside of the EU.
6 minute read
Law Journal Press | Digital Book Pennsylvania Commonwealth Court Rules 2025 Authors: View this Book

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June 07, 2024 | National Law Journal

Florida Jury Weighs Chiquita Case Linked to Terrorist Financing

Jurors are expected to start deliberating Friday in a class-action case sparked decades ago by the banana grower's self-report of payments to a Colombian terrorist group.
4 minute read
June 06, 2024 | The Recorder

Coinbase Hit With New Securities Class Action Amid Battle With SEC

A proposed class action, filed by Rosen Law Firm, accuses the crypto exchange company Coinbase of selling unregistered digital asset securities on its platform and failing to register the company as a broker-dealer with the SEC and state regulators.
3 minute read
June 06, 2024 | National Law Journal

'Whoa, That Was Gross': SEC Enforcement Chief Grewal Takes Stand at Menendez Trial

Gurbir Grewal, who was New Jersey's attorney general before joining the Securities and Exchange Commission, recalled outreach to him by U.S. Sen. Robert Menendez, D-New Jersey.
4 minute read
June 06, 2024 | National Law Journal

As US Antitrust Enforcers Target AI Firms, Legal Experts Predict Lawsuits Will Follow

"They want to maintain their reputations for being very aggressive," law professor Thom Lambert said of the Federal Trade Commission and Department of Justice agreeing to target top AI firms on antitrust grounds. "My guess is this seals the deal: These companies are going to get sued."
5 minute read
June 06, 2024 | National Law Journal

9th Circuit Judge Recuses From Gaza Case After Israel Trip

Judge Ryan Nelson stated that "out of an abundance of caution, the best course in this specific case (which may not apply in other cases) is to recuse."
4 minute read

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