The US Securities Exchange Commission (SEC) told a federal judge on Monday that Elon Musk’s tweet concerning Tesla Inc.’s production targets violated the settlement agreement with the SEC and an unambiguous court order approving the terms of the settlement. The SEC filed a motion in the US District Court for the Southern District of New York in February, requesting to [...]
The US National Highway and Traffic Safety Administration has announced that General Motors’ petition for exemption of its “Zero-Emission Autonomous Vehicle” will undergo public comment with the Federal Registrar for 60 days. GM’s petition seeks exemptions to 16 Federal Motor Vehicle Safety Standards (FMVSS) for its autonomous vehicles because, primarily, the vehicles will not be [...]
A federal judge ruled Tuesday against UnitedHealth Group and its subsidiary United Behavioral Health, saying the insurer used overly restrictive guidelines to improperly deny benefits to thousands of mentally ill insureds. United Behavioral provides “mental health and substance use disorder benefits for commercial welfare benefit plans.” The plaintiffs filed a lawsuit under the Employee Retirement [...]
A federal judge dismissed a criminal wire fraud charges against Barclays Plc during trial Monday, saying the US did not present evidence to prove Barclays owed Hewlett-Packard a duty of trust or confidence in their dealings. Judge Charles Breyer of the US District Court for the Northern District of California said a reasonable jury could not have found [...]
The US State Department said Monday that the Trump administration has decided to extend the suspension on Title III of the 1996 Cuban Liberty and Democratic Solidarity (LIBERTAD) Act for 30 days, but has agreed to allow US citizens to sue Cuban entities and others on Washington’s blacklist. Since its inception, every administration has suspended Title [...]
The US Court of Appeals for the District of Columbia Circuit ruled Tuesday that Special Counsel Robert Mueller’s appointment was lawful and constitutional, rejecting a challenge by Andrew Miller who was held in contempt for failing to comply with subpoenas Mueller served on him during the investigation into Russian interference in the 2016 presidential election. [...]
The US Supreme Court on Tuesday heard oral arguments in two cases involving a federal statute that imposes reimprisonment for violations of supervised release terms. The first, US v. Haymond, asks the court whether a federal law requiring persons convicted of certain crimes and who violated their supervised release terms to return to prison is [...]
The US Securities Exchange Commission (SEC) filed a motion Monday requesting the US District Court for the Southern District if New York to hold Tesla CEO Elon Musk in contempt after Musk tweeted inaccurate information regarding expected sales for 2019 in violation of the settlement agreement between the SEC and Tesla. The tweet stated that [...]
The International Court of Justice issued an advisory opinion Monday outlining the legal consequences of separation of the Chagos Archipelago from Mauritius in 1965. The UK and Mauritius, by virtue of the Lancaster House agreement, detached the Chagos Archipelago form Mauritius and established the British Indian Ocean Territory (BIOT). Originally, the agreement aided the US’s desire for a [...]
The US House of Representatives Committee on Oversight and Reform issued a report Tuesday outlining the Trump administration’s efforts to transfer sensitive nuclear technology to Saudi Arabia, after receiving concerning whistleblower complaints. The complaints arose after whistleblowers noticed “efforts inside the White House to rush the transfer of highly sensitive U.S. nuclear technology to Saudi [...]
