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Ex-Costa Rica soccer chief pleads not guilty in FIFA probe
Court News | 2015/12/19 17:03
The former head of the Costa Rican football federation has pleaded not guilty in the U.S. after being charged in a sprawling investigation of bribes and kickbacks involving FIFA, soccer's governing body.

Eduardo Li pleaded not guilty during an initial appearance Friday in U.S. District Court in Brooklyn.

Authorities say Li was extradited to the U.S. a week after withdrawing his appeal against being sent. He was brought to New York on Friday.

Li's attorney says his client voluntarily returned to the U.S. and intends to fight the allegations.

About 20 soccer officials have been indicted on charges stemming from the U.S. investigation of corruption in the sport.


Texas man executed for setting fire that killed 3 children
Court News | 2015/11/19 22:02
A Texas inmate was executed Wednesday for setting a fire that killed his 18-month-old daughter and her two young half-sisters at an East Texas home 15 years ago.

Raphael Holiday, 36, became the 13th convicted killer put to death this year in Texas, which carries out capital punishment more than any other state. It has accounted for half of all executions in the U.S. so far this year.

The lethal injection was carried out after the U.S. Supreme Court rejected an appeal seeking to halt Holiday's punishment so new attorneys could be appointed to pursue additional unspecified appeals in his case.

Earlier Wednesday, the judge in Holiday's trial court stopped the execution after Holiday's trial attorney filed an appeal saying the conviction and some trial testimony were both improper. The judge agreed the issues should be reviewed and withdrew his execution warrant. The Texas attorney general's office appealed, the judge's order voided and the warrant reinstated, clearing the way for the lethal injection to move forward.

At the Supreme Court, Austin-based lawyer Gretchen Sween argued that Holiday's court-appointed attorneys abandoned him after the justices in June refused to review his case. Those lawyers advised Holiday his legal issues were exhausted and new appeals and a clemency petition would be fruitless.



Snowboarders fight ban at Utah resort in appeals court
Court News | 2015/11/17 16:10
A group of snowboarders who argue a ban on their sport at Utah's Alta Ski Area amounts to discrimination are set to present their case Tuesday to a federal appeals court in Denver.

The lawsuit, filed in early 2014, brought renewed attention to the long-festering culture clash on the slopes between skiers and snowboarders.

Alta lawyers have defended the ban, saying resort officials made a business decision to lure skiers to the private resort east of Salt Lake City with the promise of a snowboarder-free experience, and it's well within its rights to keep snowboards off the slopes.

The U.S. Forest Service, which approves a permit for Alta, has backed the ski area in the court battle.

The four snowboarders and their attorneys have countered that Alta doesn't have the right to keep snowboarders off public land designated by Congress for skiing and other sports. They point to 119 other ski resorts that operate on public land that allow snowboarding.

They take issue with Alta's claim that skiers find the slopes safer because they don't have to worry about being hit by snowboarders whose sideways stance leaves them with a blind spot. Alta's ban is irrational and based on stereotypes of snowboarders.


High court won't hear appeal on mortgage ratings
Court News | 2015/11/03 08:17
The Supreme Court won't hear an appeal from shareholders who claim the Standard & Poor's ratings firm made false statements about its ratings of risky mortgage investments that helped trigger the financial crisis.

The justices on Monday let stand a lower court ruling that threw out a lawsuit filed by the Boca Raton Firefighters & Police Pension Fund against S&P's parent company, McGraw-Hill.

A federal appeals court ruled 2-1 that statements about the integrity and credibility of S&P's credit ratings used routine, generic language that did not mislead investors.

The shareholders argued that false statements regarding a central aspect of the company's business were enough to violate federal securities laws.



Woman charged in slayings of Connecticut couple due in court
Court News | 2015/11/02 08:17
A Connecticut woman accused of conspiring with her boyfriend to kill his parents when they were considering cutting him out of their will is scheduled to make her first court appearance.

Jennifer Valiante of Westport is expected to be arraigned Monday in Bridgeport Superior Court on charges including conspiracy to commit murder and hindering prosecution. It's not clear if she has a lawyer.

Her boyfriend, 27-year-old Kyle Navin of Bridgeport, is facing murder charges in the slayings of his parents, Jeanette and Jeffrey Navin of Easton. His arraignment hasn't been set. His lawyer declined to comment.

The Navins disappeared Aug. 4 and their bodies were found Thursday in Weston.




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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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