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Court again considers fate of seized gold coins worth $80M
Court Watch |
2015/10/14 23:17
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A federal appeals court is again considering the fate of 10 rare gold coins possibly worth $80 million or more that the government says were illegally taken from a Philadelphia mint and wound up in a jeweler's hands.
A lawyer for jeweler Israel Switt's heirs told the 3rd Circuit Court of Appeals on Wednesday that authorities erred by seizing the coins without filing a required civil forfeiture action.
A jury found the seizure legal because the coins hadn't been circulated and must therefore have been stolen, but a three-judge appellate court reversed that decision in April. Federal prosecutors then asked for Wednesday's hearing before the full appeals court.
They say returning the rare $20 Double Eagles to Joan Langbord and her two sons would reward the family of a thief.
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Connecticut court stands by decision eliminating execution
Court Watch |
2015/10/11 11:38
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The Connecticut Supreme Court on Thursday stood by its decision to eliminate the state's death penalty, but the fate of capital punishment in the Constitution State technically remains unsettled.
The state's highest court rejected a request by prosecutors to reconsider its landmark August ruling, but prosecutors have filed a motion in another case to make the arguments they would have made if the court had granted the reconsideration motion.
Lawyers who have argued before the court say it would be highly unusual and surprising for the court to reverse itself on such an important issue in a short period of time, but they say it is possible because the makeup of the court is different. Justice Flemming Norcott Jr., who was in the 4-3 majority to abolish the death penalty, reached the mandatory retirement age of 70 and was succeeded by Justice Richard Robinson.
In the August decision, the court ruled that a 2012 state law abolishing capital punishment for future crimes must be applied to the 11 men who still faced execution for killings committed before the law took effect. The decision came in the case of Eduardo Santiago, who was facing the possibility of lethal injection for a 2000 murder-for-hire killing in West Hartford.
The 2012 ban had been passed prospectively because many lawmakers refused to vote for a bill that would spare the death penalty for Joshua Komisarjevsky and Steven Hayes, who were convicted of killing a mother and her two daughters in a highly publicized 2007 home invasion in Cheshire.
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Virginia executes serial killer who claimed to be disabled
Court Watch |
2015/10/07 11:39
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A twice-condemned serial killer who claimed he was intellectually disabled was executed in Virginia on Thursday after a series of last-minute appeals failed.
Alfredo Prieto was pronounced dead at 9:17 p.m. at the Greensville Correctional Center in Jarratt. The 49-year-old was injected with a lethal three-drug combination, including the sedative pentobarbital, which Virginia received from the Texas prison system.
Prieto, wearing glasses, jeans and a light blue shirt, did not resist and showed no emotion as he was strapped to the gurney.
"I would like to say thanks to all my lawyers, all my supporters and all my family members," he said, before mumbling, "Get this over with."
The El Salvador native was sentenced to death in Virginia in 2010 for the murder of a young couple more than two decades earlier. Rachael Raver and her boyfriend, Warren Fulton III, both 22, were found shot to death in a wooded area a few days after being seen at a Washington, D.C., nightspot.
Prieto was on death row in California at the time for raping and murdering a 15-year-old girl and was linked to the Virginia slayings through DNA evidence. California officials agreed to send him to Virginia on the rationale that it was more likely to carry out the execution.
He has been connected to as many as six other killings in California and Virginia, authorities have said, but he was never prosecuted because he had already been sentenced to death.
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Familiar, divisive social issues on Supreme Court agenda
Court Watch |
2015/10/06 11:39
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The Supreme Court is starting a new term that promises a steady stream of divisive social issues, and also brighter prospects for conservatives who suffered more losses than usual in recent months.
The justices are meeting in public Monday for the first time since a number of high-profile decisions in June that displayed passionate, sometimes barbed disagreements and suggested some bruised feelings among the nine judges.
The first case before the court involves a California woman who lost her legs in a horrific accident after she fell while attempting to board a train in Innsbruck, Austria. The issue is whether she can sue the state-owned Austrian railway in U.S. courts.
Even before the justices took the bench Monday, they rejected hundreds of appeals that piled up over the summer, including San Jose, California's bid to lure the Athletics from Oakland over the objection of Major League Baseball.
Future cases will deal with abortion, religious objections to birth control, race in college admissions and the power of public-sector unions. Cases on immigration and state restrictions on voting also could make it to the court in the next nine months.
The term will play out against the backdrop of the presidential campaign, in which some candidates are talking pointedly about the justices and the prospect of replacing some of them in the next few years. Four justices are in their 80s or late 70s, led by 82-year-old Ruth Bader Ginsburg.
Commentators on the left and right say the lineup of cases suggests that conservatives will win more often than they will lose over the next few months, in contrast to the liberal side's success last term in gay marriage, health care and housing discrimination, among others.
"This term, I'd expect a return to the norm, in which the right side of the court wins the majority, but by no means all of the cases," said Georgetown University law school's Irv Gornstein.
One reason for the confidence is that, as Supreme Court lawyer John Elwood said: "This is a term of sequels." Affirmative action and union fees have been at the court in recent terms and the justices' positions are more or less known.
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Court rejects ex-NY Fed employee's retaliation claim lawsuit
Court Watch |
2015/09/23 22:59
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A New York-based federal appeals court has rejected claims of a former employee of the Federal Reserve Bank of New York who says she was fired for her probe into the banking firm Goldman Sachs.
The 2nd U.S. Circuit Court of Appeals in Manhattan on Wednesday upheld a lower-court ruling dismissing Carmen Segarra's lawsuit.
She claimed the New York Fed interfered with her examination of Goldman Sachs' legal and compliance divisions and directed her to change findings.
The appeals court was particularly dismissive of Segarra's effort to hold three New York Fed employees responsible. It said the effort was "speculative, meritless, and frankly quite silly."
The Federal Reserve oversees Wall Street's biggest financial institutions.
Last year, Senate Democrats accused the Fed of being too close to big banks it regulates.
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Investment Fraud Litigation |
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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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The content contained on the web site has been prepared by Securities Law News as a service to the internet community and is not intended to constitute legal advice or a substitute for consultation with a licensed legal professional in a particular case. | Affordable Law Firm Website Design by Law Promo |
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