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US courts rule for border walls both public and private
Court News |
2020/01/14 10:03
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Crews could start building a private border wall in South Texas within the coming days following a federal judge’s ruling Thursday that lifted a restraining order against the project.
U.S. District Judge Randy Crane’s order was the second federal ruling in two days in favor of border barriers. On Wednesday, the 5th U.S. Circuit Court of Appeals lifted a lower court’s stay that had prevented President Donald Trump’s administration from diverting $3.6 billion from military construction projects to fund 175 miles (280 kilometers) of border wall.
While the White House on Thursday celebrated the appeals court’s ruling, saying it rightfully lifted an “illegitimate nationwide injunction,” Crane’s ruling actually went against the U.S. government’s position.
Fisher Industries, a North Dakota-based construction firm, wants to install 3 miles (4.8 kilometers) of steel posts about 35 feet (10 meters) from the U.S. bank of the Rio Grande, the river that forms the U.S.-Mexico border in Texas. The company’s president, Tommy Fisher, wants to spend $40 million on the private border wall ? originally promoted by a pro-Trump online fundraising group ? to prove that his company can build barriers more effectively. |
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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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