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New York Law Journal

Defense Contractor Raytheon Settles Bribery, Allegations for $950 Million

Under the deal, prosecutors have agreed to dismiss the criminal charges against the defense company in three years if it abides by the terms of the deal, which include hiring an independent compliance monitor.
2 minute read

The Legal Intelligencer

$8M Settlement Reached in Wrongful Death, Negligence Suits Against Phila. Foster Agency

"In terms of information that was available about the house, I don't know that I've seen a worse placement before," said Kline & Specter's Nadeem Bezar about the agency's decision to place two girls in a home with a history of violence, among other concerns.
4 minute read

New York Law Journal

US Judge Orders 'Prolific' Cooperating Witness to Pay Nearly $900,000 in Restitution

U.S. District Judge Katharine Polk Failla's decision is a significant reduction of the nearly $12 million in restitution cooperator Jona Rechnitz was ordered to pay at his initial sentencing, for his role in steering, and thereby causing losses to, public pension funds.
4 minute read

New Jersey Law Journal

Amid Criticism of Quality of Care at Hospital, Childbirth Trauma Suit Yields $11.9M

"If this had been acted on in the first two to three to four minutes, it would have been unfortunate but not tragic," plaintiff's attorney Samuel Davis said.
4 minute read

New York Law Journal

Longtime Albany County DA Who Lost Primary Says His Write-In Campaign Has 'Statewide Consequences'

David Soares said he's remaining in the running because the November election has implications beyond the county's three cities, including the state capital, nine towns and five villages.
6 minute read

National Law Journal

Jump Trading Accused of Crypto 'Pump and Dump' Scheme

"Anytime you have people poking holes in something that somebody else did, whether they are regulatory or civil actions, it can help guide lawyers in providing better compliance advice to their clients," said Teresa Goody Guillén, a partner at Baker & Hostetler and a crypto expert.
4 minute read

New York Law Journal

NY Financial Services Watchdog Unveils Recommendations to Manage AI Cybersecurity Risks

State-regulated entities operating under the state's banking, insurance or financial services laws must assess and take appropriate steps to address those evolving cybersecurity risks, New York State Department of Financial Services Superintendent Adrienne Harris said in a statement.
2 minute read

New York Law Journal

Ex-Davis Polk & Wardwell Associate Kaloma Cardwell Drops Appeal

Kaloma Cardwell sued his former firm, alleging retaliatory termination after complaining about racial discrimination. A jury found David Polk not liable.
2 minute read

International Edition

UK Supreme Court Upholds €1.3B Judgment Against Argentina

The judgment secured by Quinn Emanuel Urquhart & Sullivan orders Argentina to pay investors slighted by a change in methodology for calculating the South American country's gross domestic product.
3 minute read

New York Law Journal

Sean Combs' Defense Counsel Seeks Accusers' Names as Civil Litigation Surges

"These swirling allegations have created a hysterical media circus that, if left unchecked, will irreparably deprive Mr. Combs of a fair trial, if they haven't already," the filing states.
3 minute read

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