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US House staffers subpoenaed by federal court
Court News | 2016/04/13 01:17
Four congressional staffers have told the U.S. House that they've been subpoenaed by the federal court in Springfield, Illinois, where a grand jury is conducting a probe into the spending of former U.S. Rep. Aaron Schock.

The financial chief for the House, Traci Beaubian, and three other staff members wrote letters notifying the chamber about the subpoenas that were read on the House floor Monday, the Chicago Tribune reported  based on House records noting the letters were received and video of the letters being read. The letters did not mention the subject of the subpoenas.

Schock, the one-time rising GOP star from Peoria, came under intense scrutiny in early 2015 for his spending, including redecorating his office in the style of TV's "Downton Abbey." He left office in March 2015 amid questions about congressional and campaign spending.

He has since been issued at least two grand jury subpoenas seeking campaign and congressional records. FBI agents also have removed boxes and other items from his central Illinois campaign office.



Supreme Court rejects Blagojevich appeal in corruption case
Court News | 2016/03/28 13:07
The Supreme Court on Monday rejected former Illinois Gov. Rod Blagojevich's appeal of his corruption convictions that included his attempt to sell the vacant Senate seat once occupied by President Barack Obama.
 
The justices let stand an appeals court ruling that found Blagojevich crossed the line when he sought money in exchange for naming someone to fill the seat. Blagojevich, 59, is serving a 14-year sentence at a federal prison in Colorado.

A federal appeals court last year threw out five of his 18 convictions and Blagojevich was hoping the Supreme Court would consider tossing the rest. His lawyers argued in an 83-page November filing that the line between the legal and illegal trading of political favors has become blurred, potentially leaving politicians everywhere subject to prosecution.

The appeal to the high court was a last slim hope for Blagojevich, who has proclaimed his innocence for years. Since his 2008 arrest and through his two trials, Blagojevich has argued he was participating in legal, run-of-the-mill politicking.

Blagojevich meanwhile is awaiting a resentencing ordered in July by the 7th U.S. Circuit Court of Appeals in Chicago when it ruled to toss the five convictions.

The Supreme Court hears only around 80 cases a year out of more than 10,000 requests and typically accepts cases that raise weighty and divisive legal issues.



Attorney: Court ruling lets Ohio political candidates lie
Court News | 2016/03/28 13:07
Candidates for public office in Ohio can lie and get away with it under a recent federal court ruling that struck down a state law banning false statements in campaigns, an attorney says.

Attorney Donald Brey, who has represented Republicans in cases before the Ohio Elections Commission, told The Columbus Dispatch his clients mostly tell the truth, but can legally lie as long as they don't defame anyone.

In past elections, the commission ruled on false-advertising complaints. That changed when the U.S. 6th Circuit Court of Appeals a few weeks ago upheld the 2014 ruling by U.S. District Court Judge Timothy Black that found the law violated the First Amendment. The Dispatch reports no further appeal is expected.

Black wrote that "lies are bad," but with some political speech, "there is no clear way to determine whether a political statement is a lie or the truth, and we certainly do not want the government deciding what is political truth."

Phil Richter, executive director of the state Elections Commission, said he has had to turn away calls from candidates alleging false-advertising claims.



Supreme Court rejects states' challenge to Colorado pot law
Court News | 2016/03/20 22:30
The Supreme Court has rejected an effort by Nebraska and Oklahoma to have Colorado's pot legalization declared unconstitutional.
 
The justices are not commenting Monday in dismissing the lawsuit the states filed directly at the Supreme Court against their neighbor.
   
They argued that Colorado's law allowing recreational marijuana use by adults runs afoul of federal anti-drug laws. The states also said that legalized pot in Colorado is spilling across the borders into Nebraska and Oklahoma, complicating their anti-drug efforts and draining state resources.

The Obama administration had sided with Colorado, despite the administration's opposition to making marijuana use legal.

Justices Clarence Thomas and Samuel Alito would have heard the states' lawsuit.


RNC launches campaign to oppose Obama's Supreme Court pick
Court News | 2016/03/19 22:30
The Republican Party is launching a campaign to try to derail President Barack Obama's nominee to the Supreme Court, teaming up with a conservative opposition research group to target vulnerable Democrats and impugn whomever Obama picks.

A task force housed within the Republican National Committee will orchestrate attack ads, petitions and media outreach to bolster a strategy that Senate Republicans adopted as soon as Justice Antonin Scalia died last month: refusing to consider an Obama nominee out of hopes that the next president will be a Republican.

The RNC will contract with America Rising Squared, an outside group targeting Democrats that's run by a longtime aide to GOP Sen. John McCain. GOP chairman Reince Priebus said it would be the most comprehensive judicial response effort in the party's history.

Priebus said the RNC would "make sure Democrats have to answer to the American people for why they don't want voters to have a say in this process."

Obama is expected to announce his pick as early as this week, touching off a heated election-year battle as Obama and Democrats try to pressure Republicans into relenting and allowing hearings and a vote. Advocacy groups on both sides are primed to unleash an onslaught of activity aimed at rallying public support, and a number of former top Obama advisers have been drafted to run the Democratic effort.

RNC officials said that in addition to scouring the nominee's history for anything that can be used against him or her, the party will also work to portray Democrats as hypocritical, dredging up comments that Vice President Joe Biden and other Democrats made in previous years suggesting presidents shouldn't ram through nominees to the high court in the midst of an election.



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Securities fraud, also known as stock fraud and investment fraud, is a practice that induces investors to make purchase or sale decisions on the basis of false information, frequently resulting in losses, in violation of the securities laws. Securities Arbitration. Generally speaking, securities fraud consists of deceptive practices in the stock and commodity markets, and occurs when investors are enticed to part with their money based on untrue statements.
 
 
 

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