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Short seller Andrew Left to stand trial in LA over manipulation charges
Andrew Left faces criminal trial in Los Angeles for alleged stock market manipulation and securities fraud involving Nvidia and Tesla shares.
AI ruling prompts warnings from US lawyers: Your chats could be used against you
A U.S. district court ruled that AI chatbot chats are not protected by attorney-client privilege, raising warnings for legal and criminal cases.
Securities – Lack of scienter dooms pension plan’s suit
The 4th Circuit affirmed dismissal of City of Southfield pension plan's securities fraud suit against Advance Auto Parts for failing to establish scienter.
Strategy incorrectly described as low risk, led to losses for claimant — $299,599.05 verdict
Type of action: Securities fraud, negligence, breach of fiduciary duty Injuries alleged: Investment account losses of $437,398.57 Name of case: Amyx, Trustee v. UBS Financial Services Inc. Court: Financial Industry […]
Justices revisit securities fraud class actions
WASHINGTON — The justices of the U.S. Supreme Court have an opportunity to dramatically change the landscape of securities fraud class action litigation by limiting, or perhaps overruling altogether, a […]
Venue Transfer for Securities Fraud Case
In an investment company’s securities fraud suit alleging defendant made false representations about a medical device he claimed to have created to treat sleep apnea, causing plaintiff to invest over […]
Post-Discovery Complaint Amendment Allowed
In an investor’s suit alleging defendant technology company and its founder committed securities fraud, an Alexandria U.S. District Court overrules defendants’ objections and accepts the magistrate judge’s recommendation to allow […]
Records System Contract Prompts Fraud Claim
A Richmond U.S. District Court grants a motion to certify a class of investors to sue a public IT company on securities fraud claims alleging company executives made misleading statements […]
Investor States ‘Loss Causation’ for Fraud Claim
In an amended complaint alleging defendants, a technology company and its founder, chair and CEO, committed securities fraud by selling plaintiff investor a series of notes as investments to allow […]
No Securities Fraud Claim for ‘Worthless’ Notes
An investor who purchased a series of notes from a defendant he met at his tennis club, investing $32 million in defendant’s purported scheme to bring to the U.S. technology […]
IT Contract, Audit Statements Support Fraud Claims
A Richmond U.S. District Court says a putative class of investors may sue a public IT company on securities fraud claims alleging company executives made misleading statements of material fact […]
Securities fraud claim arbitrated by FINRA – $142,437 Arbitration Award
This was a FINRA customer sales practice arbitration that proceeded to final evidentiary hearing in Richmond against Community Bankers Securities LLC. The claims tried involved investments in AIC, the parent […]
Legal Tech
- How large language models are leveling the personal injury playing field
- Attorney Share, Lawmatics integrate to automate law firm referrals
- How ransomware tactics against law firms are changing
Verdicts & Settlements
- Workers’ Compensation-Vehicle accident paralyzes Brazilian cement worker
- Medical Malpractice – Death from cancer followed stomach pain misdiagnosis
- Workers’ Compensation – Seasonal worker paralyzed in tobacco baler accident
- Medical Malpractice – Jurors side with doctor in suit over rescue surgery
- Motor Vehicle Negligence – Unicycle rider dies after being hit by car
Opinion Digests
- Prisons – No immunity for prison officials who allegedly failed to provide medical care
- Search and seizure – No immunity for guards who intentionally failed to check on injured inmate
- Prisons – Compassionate release denied despite end-stage renal disease
- Criminal – Correctional officer’s civil rights’ violation conviction is vacated
- Constitutional – Board member lacks property interest in zoning board position
- Habeas corpus – District court erred when it granted writ of habeas corpus
- Tort – Salvadoran colonel denied immunity for alleged murder of journalist
