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Supreme Court rejects appeal from flight-sharing company
Securities Lawyers |
2017/01/07 11:01
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The Supreme Court won't hear an appeal from a company that wants to offer flight-sharing services using a model similar to Uber.
The justices on Monday left in place a lower court ruling that said Boston-based Flytenow could not operate a website that connected private pilots with passengers willing to share fuel costs and other flight expenses.
The Federal Aviation Administration shut down the website in 2015 after finding that the service violated flight regulations.
Cost-sharing arrangements have long been allowed through word of mouth, bulletin boards and email. But the FAA said using a website was like advertising and subjected those pilots to the same elaborate safety regulations as commercial airlines.
Flytenow argued that it was applying modern technology to a practice that has been around for decades.
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Kansas court upholds death sentence for sheriff's killing
Securities Lawyers |
2016/07/26 09:44
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The Kansas Supreme Court on Friday upheld the death sentence imposed against a man who fatally shot a sheriff during a 2005 drug raid.
Kansas hasn't executed anyone in more than 50 years, and Friday's decision in Scott Cheever's case is only the second time the court has upheld a death sentence under the state's 1994 capital punishment law.
An execution by lethal injection isn't likely to be scheduled soon, but state Attorney General Derek Schmidt said in a statement, "today's ruling marks the end of the first line of appeals in this case."
Cheever acknowledged shooting Greenwood County Sheriff Matt Samuels as Samuels tried to serve a warrant at a rural home about 75 miles northeast of Wichita, but Cheever's attorney argued that he was too high on methamphetamine for the crime to be premeditated.
The slain sheriff's son, Heath Samuels, is now serving as interim sheriff in his father's old job in Greenwood County. He said he was "very excited" to see the court system still works. The family supports the death penalty, he said.
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Court blocks prosecutors from seizing emails stored overseas
Securities Lawyers |
2016/07/15 08:31
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A federal appeals court Thursday said prosecutors cannot force U.S. companies like Microsoft to turn over customer emails and other data stored on servers overseas — a ruling the government suggested could hamper national security investigations.
The three-judge panel of the 2nd U.S. Circuit Court of Appeals unanimously overturned a lower court's contempt finding against Microsoft for not handing over a customer's emails stored in Ireland. Federal prosecutors wanted the material for use in a drug trafficking investigation.
The ruling in the closely watched case was a victory for high-tech companies in the burgeoning "cloud computing" business, in which data is kept not on personal computers but on giant and sometimes distant servers. Microsoft stores data from over 1 billion customers and over 20 million businesses on servers in over 40 countries, the court noted.
The court said prosecutors went beyond what Congress intended when it passed the Stored Communications Act in 1986.
"Neither explicitly nor implicitly does the statute envision the application of its warrant provisions overseas," the court said in a decision written by Circuit Judge Susan L. Carney. She said allowing prosecutors to enforce a warrant outside the U.S. would "jettison ... centuries of law" and "replace the traditional warrant with a novel instrument of international application."
In a concurring opinion, Circuit Judge Gerard E. Lynch said an attempt to apply U.S. law overseas could cause tensions with other countries, "most easily appreciated if we consider the likely American reaction if France or Ireland or Saudi Arabia or Russia proclaimed its right to regulate conduct by Americans within our borders."
Microsoft called the ruling a "major victory for the protection of people's privacy rights under their own laws rather than the reach of foreign governments."
"We hear from customers around the world that they want the traditional privacy protections they've enjoyed for information stored on paper to remain in place as data moves to the cloud," said Brad Smith, Microsoft president and chief legal officer. "Today's decision helps ensure this result."
The Justice Department said it was disappointed and considering its options.
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British court gives 22 life sentences to pedophile
Securities Lawyers |
2016/06/04 00:08
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A court in Britain has sentenced a former schoolteacher to 22 life sentences for child abuse after using his position teaching English in Malaysia to gain access to victims.
Judge Peter Rook sentenced 30-year-old freelance photographer Richard Huckle on Monday to serve a minimum of 25 years for 71 offenses against children aged between six months and 12 years from 2006 to 2014.
The National Crime Agency arrested Huckle in 2014 and found 20,000 indecent images on his computer, 1,117 of which showed him raping and abusing children in his care. Huckle also created a 60-page "how to" guide for other pedophiles seeking to evade getting caught. He also kept a scorecard tallying the number of children abused.
Huckle groomed children while posing as a Christian English teacher and philanthropist.
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High court seems poised to overturn McDonnell conviction
Securities Lawyers |
2016/05/03 21:48
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The Supreme Court on Wednesday seemed poised to overturn the conviction of former Virginia Gov. Bob McDonnell on political corruption charges and place new limits on the reach of federal bribery laws.
Justices across the ideological spectrum expressed major concerns that the laws give prosecutors too much power to criminalize the everyday acts that politician perform to help constituents.
Chief Justice John Roberts said it was "extraordinary" that dozens of former White House attorneys from Democratic and Republican administrations submitted legal papers saying that upholding McDonnell's conviction would cripple the ability of elected officials to do their jobs.
"I think it's extraordinary that those people agree on anything," Roberts said.
Justice Breyer said the law presents "a real separation of powers problem" and "puts at risk behavior that is common."
"That's a recipe for giving the Department of Justice and prosecutors enormous power over elected officials," Breyer said.
McDonnell, who was in the courtroom with his wife Maureen to watch the arguments, was convicted in 2014 of accepting more than $165,000 in gifts and loans from a wealthy businessman in exchange for promoting a dietary supplement.
At issue is a federal law that bars public officials from accepting money or gifts in exchange for "official acts." The court is expected to clarify what distinguishes bribery from the routine actions that politicians often perform as a courtesy to constituents.
But the justices struggled over how to draw that line. Both Roberts and Breyer suggested the bribery law could be considered unconstitutionally vague. |
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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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