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High court strikes down raisin program as unconstitutional
Topics in Legal News |
2015/06/22 08:30
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The Supreme Court ruled Monday that a 66-year-old program that lets the government take raisins away from farmers to help reduce supply and boost market prices is unconstitutional.
In an 8-1 ruling, the justices said forcing raisin growers to give up part of their annual crop without full payment is an illegal confiscation of private property.
The ruling is a victory for California farmers Marvin and Laura Horne, who claimed they were losing money under a 1940s-era program they call outdated and ineffective. They were fined $695,000 for trying to get around the program.
A federal appeals court said the program was acceptable because the farmers benefited from higher market prices and didn't lose the entire value of their crop.
The government argued that the Hornes benefited from increased raisin prices, but their cause had won wide support from conservative groups opposed to government action that infringes on private property rights.
Writing for the court, Chief Justice John Roberts said the government must pay "just compensation" when it takes personal goods just as when it takes land away. He rejected the government's argument that the Hornes voluntarily chose to participate in the raisin market and have the option of selling different crops if they don't like it.
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Egypt court sentences 11 to death over 2012 soccer riot
Topics in Legal News |
2015/06/13 14:02
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An Egyptian criminal court from the Mediterranean city of Port Said on Tuesday sentenced 11 people to death over a 2012 soccer riot that killed more than 70 people and injured hundreds in what was Egypt's worst soccer disaster to date and one of the world's deadliest.
The verdict, read by presiding judge Mohammed el-Said, came at the end of the retrial of 73 defendants in a case that sparked deadly riots in 2013 in Port Said, prompting then-President Mohammed Morsi to declare a state of emergency in the city.
The court also sentenced 40 defendants to up to 15 years in prison and acquitted the rest. The verdicts can be appealed.
The hearings in the case, including the sentencing on Tuesday, were held in Cairo, not in Port Said, for security reasons.
The earlier trial ended in March 2013, when 21 defendants were sentenced to death, while others received jail terms that ranged from one to 25 years in prison. Twenty-eight were acquitted. The rulings were appealed and a retrial was ordered by Egypt's Court of Cassation in February last year.
The February 2012 riot began at the end of a league match in Port Said between Cairo's Al-Ahly, Egypt's most successful club, and home side Al-Masry. The riot led to the temporary suspension of Egypt's top flight soccer league. The league later resumed, but with matches played in empty stadiums. |
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Abortion ban based on heartbeat rejected by appeals court
Topics in Legal News |
2015/06/02 23:01
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A federal appeals court struck down one of the nation's toughest abortion restrictions on Wednesday, ruling that women would be unconstitutionally burdened by an Arkansas law that bans abortions after the 12th week of pregnancy if a doctor can detect a fetal heartbeat.
The 8th U.S. Circuit Court of Appeals sided with doctors who challenged the law, ruling that abortion restrictions must be based on a fetus' ability to live outside the womb, not the presence of a fetal heartbeat that can be detected weeks earlier. The court said that standard was established by previous U.S. Supreme Court rulings.
The ruling upholds a decision of a federal judge in Arkansas who struck down the 2013 law before it could take effect, shortly after legislators approved the change. But the federal judge left in place other parts of the law that required doctors to tell women if a fetal heartbeat was present; the appeals court also kept those elements in place.
Attorney General Leslie Rutledge's office was reviewing the decision "and will evaluate how to proceed," office spokesman Judd Deere said Wednesday afternoon.
The ruling wasn't a surprise to Rita Sklar, executive director of the American Civil Liberties Union of Arkansas, which represented the two doctors challenging the law. She said the case was a waste of taxpayer time, and that the decision leaves medical decisions to doctors and their patients, rather than politicians.
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Suge Knight returns to court to try to dismiss murder case
Topics in Legal News |
2015/05/30 23:02
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Marion "Suge" Knight's lawyer argues that a murder case against the former rap music mogul should be dismissed because one of the men he allegedly ran over earlier this year didn't identify him in court.
Attorney Matt Fletcher contends in a motion filed before a hearing Friday that murder, attempted murder and hit-and-run charges filed against the Death Row Records co-founder should be thrown out based on the testimony of a man seriously injured in January. Knight has pleaded not guilty to running over Cle "Bone" Sloan and another man who died from his injuries.
Sloan refused to identify Knight while testifying during a preliminary hearing last month, but gave detectives a lucid account after being struck by Knight's pickup and said he started a fight in the parking lot of a Compton burger stand in late January.
A response filed by prosecutor Cynthia Barnes points to Sloan's statements to detectives and other evidence to support their case, including Knight's unique nickname, "Suge."
Fletcher contends that is not enough.
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Appeals court skeptical of fairness of trader's conviction
Topics in Legal News |
2015/05/16 17:07
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An appeals court panel on Wednesday expressed doubts about the fairness of a prosecution that led to a prison sentence for a man convicted of defrauding a government bailout program.
A three-judge panel of the 2nd U.S. Circuit Court of Appeals had plenty of questions for a prosecutor as it conducted oral arguments in an appeal by Jesse Litvak, a bond trader on the Stamford, Connecticut, trading floor at Jefferies & Co. Inc.
Litvak, who's from New York, was sentenced last year to two years in prison after a jury convicted him of securities fraud, defrauding the Troubled Asset Relief Program and making false statements to the federal government. He has not had to serve his sentence pending appeal.
The conviction made Litvak, 40, the first person convicted of a crime related to the program, which used bailout funds in the financial meltdown to boost the economy.
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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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