The US Court of Appeals for the Third Circuit ruled Tuesday that banks must comply with the Financial Industry Regulatory Authority (FINRA) rules requiring the arbitration of all claims brought against them by customers, breaking from two 2014 decisions issued by the Second and Ninth Circuits. The issue concerns FINRA Rule 12200 , which requires [...]
A federal judge in New York ruled on Tuesday that Puerto Rico will not have full control of its financial management under the Puerto Rico Oversight, Management, and Economic Stability Act of 2016 (PROMESA) . Instead, the court ruled that oversight of financial management shall be handled by the PROMESA—created Financial Oversight and Management Board for [...]
New York Congressman Christopher Collins was charged Wednesday with insider trading, as well as lying to the FBI . The indictment alleges that Collins received inside information pertaining to the effectiveness of a medical vaccine from the drug manufacturer, Innate, before the information was made public in 2017. Collins was a member of Innate’s Board of [...]
The US Court of Appeals for the Ninth Circuit ruled Tuesday that a US border agent acquitted of murder in the shooting death of a Mexican teenager is not immune from civil claims for damages by the boy’s mother. In October 2012 16-year-old Jose Antonio Elena Rodriguez was shot about 10 times in the back [...]
Missouri voters overwhelmingly rejected a right-to-work law in a referendum on Tuesday, delivering a resounding victory to unions. Proposition A , in part, prohibits compulsory union fees for non-union members. Specifically, at issue are “fair-share fees,” which are less than full dues and implemented to cover non-political costs that non-union members are able to benefit [...]
The US Court of Appeals for the District of Columbia Circuit on Tuesday denied a Guantanamo detainee’s habeas petition for release. Moath Hamza Ahmed al-Alwi has been detained at Guantanamo since 2002, following Congress giving the President power to detain those who are a threat to national security. He had ties to al Qaeda and [...]
The American Civil Liberties Union (ACLU) filed a lawsuit against US Attorney General Jeff Sessions Tuesday over a June memo that tightened restrictions for asylum seekers. The ACLU has followed the case of five women and children who were seeking asylum from Central America and were quickly denied. They allege that the US Government broke [...]
The Department of Justice (DOJ) filed a brief on Monday urging the US Court of Appeals for the District of Columbia Circuit to overturn a lower court’s decision to let AT&T and Time Warner merge. After a six-week trial earlier this year, DC District Court Judge Richard Leon declined to enjoin the merger between the [...]
The US Court of Appeals for the Second Circuit on Monday upheld the dismissal of a lawsuit brought by Anderson News LLC , a magazine wholesaler that was once the largest in the country, against six major publishing companies including Hearst and Time Inc. The Knoxville, Tennessee company, which began operations in 1917, operated as [...]
A judge for the US District Court for the District of Columbia upheld an injunction on Monday blocking a Presidential Memorandum that would prohibit transgender individuals from entering the military. The Presidential Memorandum banning transgender individuals from entering the military was issued in August 2017. A plan for the implementation of the Presidential Memorandum was issued [...]
