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Lufthansa cancels 930 flights Wednesday due to strike
Stock Market News |
2015/11/13 16:11
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Lufthansa has canceled 930 flights scheduled for Wednesday at three hubs in Germany after efforts failed to halt an ongoing strike by flight attendants.
The cancellations affect 100,000 travelers going to or from Frankfurt, Munich and Duesseldorf.
They were announced even as the airline and the union said late Tuesday they were open to mediation.
Officials for the UFO flight attendants union did not call a halt to the ongoing stoppages at Frankfurt, Munich and Duesseldorf, but indicated they would be open to mediation under certain conditions, the dpa news agency reported. A mediation proposal had been sent by the company.
As things stood, the union was to strike long-haul and local flights Wednesday through Friday at the three airports. The strike action started Friday and took a break Sunday.
Lufthansa has been able to carry out most flights despite extensive cancellations.
A court decision in the German city of Duesseldorf added to uncertainty. The labor court there ordered a temporary halt to the strike in that town, saying the strike's goals were not clearly formulated.
Court spokeswoman Anke Salchow said the decision only applied Tuesday. The court was to hear another request from Lufthansa on Wednesday.
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German court: former SS Auschwitz guard fit for trial
Stock Market News |
2015/11/02 08:17
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A German court says a 93-year-old former SS sergeant charged with 170,000 counts of accessory to murder on allegations he served as an Auschwitz death camp guard has been declared fit for trial.
The Detmold state court said Monday a doctor determined that Reinhold H., whose last name wasn't given for privacy reasons, is fit to stand trial so long as sessions are limited to two hours per day.
Defense attorneys and prosecutors now have two weeks to submit responses to the expert opinion. The court will then decide whether to open a trial.
H. is accused of being an accessory to murders at Auschwitz from January 1943 to June 1944. The suspect says he was assigned to a part of the camp not involved in the mass murders.
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Georgia man accused in hot car death to appear in court
Stock Market News |
2015/10/12 11:29
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A Georgia man accused of killing his toddler son by leaving him in a vehicle on a hot day is set to appear in court for a hearing.
Cobb County Superior Court Judge Mary Staley is set to hear arguments on pretrial motions Monday in the case of Justin Ross Harris.
Police have said Harris left 22-month-old Cooper in an SUV for about seven hours on a day when temperatures reached at least the high 80s in the Atlanta area. He faces multiple charges, including malice murder, felony murder and cruelty to children.
Harris has been in custody since June 18, 2014, the day his son died. He was indicted in September 2014 and has pleaded not guilty. His attorneys have said the child's death was a tragic accident.
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Indiana's high court to consider State Fair stage collapse
Stock Market News |
2015/09/24 22:59
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The Indiana Supreme Court is set to consider whether the state is responsible for some of the legal damages faced by a company that supplied stage rigging that collapsed at a state fair event in 2011, killing seven people.
The justices are scheduled to hear oral arguments Wednesday in the state's appeal of a March Court of Appeals ruling involving Mid-America Sound Corp.
That ruling found Indiana might be responsible for some legal damages faced by Mid-America, after high winds toppled the stage rigging onto fans awaiting the start of a concert by country duo Sugarland in August 2011.
Mid-America contends the state is financially responsible by contract for the cost of its defense and any judgments against it.
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Court upholds most counts against ex-financier
Stock Market News |
2014/09/02 16:32
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A U.S. appeals court on Thursday upheld 10 convictions against an Indianapolis financier but overturned two wire fraud counts, saying the government failed to enter into the record key documentary evidence.
Timothy Durham and co-defendants Jim Cochran and Rick Snow were convicted in 2012 of swindling thousands of investors out of $200 million. Durham was convicted on 12 counts and sentenced to 50 years; Cochran was convicted on eight counts and sentenced to 25 years; Snow was convicted on five counts and sentenced to 10 years.
The 7th Circuit Court of Appeals in Chicago rejected most of the appeals but overturned two involving the transfer of $250,000 and $50,000.
The appeals court said the government's failure to enter the documentary evidence "was clearly an oversight, but the mistakes leaves a crucial gap in the evidence in those counts." It said the government used single-page printouts to establish the wire transfers were made in furtherance of the fraudulent scheme. |
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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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