Federal authorities have charged two men with running an insider trading scheme that netted more than $30 million with information stolen from law firms.
Garrett Bauer is scheduled to appear in U.S. District Court in Newark, N.J., on Wednesday afternoon. Matthew Kluger will make his first appearance in federal court in Alexandria, Va.
They're accused of trading on inside information stolen from Wilson Sonsini Goodrich & Rosati, a law firm with offices in Washington, D.C., New York, San Francisco and Hong Kong.
Authorities also allege the decades-long scheme used information stolen from prominent New York law firms Cravath Swaine & Moore and Skadden, Arps, Slate, Meagher & Flom.
2/14/2011
Court tells man to stay away from Facebook founder
Facebook founder Mark Zuckerberg has obtained a temporary restraining order against a California man accused of stalking him, his girlfriend and his sister.
A Santa Clara County Superior Court judge on Feb. 1 ordered 31-year-old Pradeep Manukonda of Milpitas to stay away from Zuckerberg and stop contacting him.
Manukonda tried to contact Zuckerberg numerous times in December via letter, e-mail and Facebook, including more than 20 times in one day, Facebook security officer Todd Sheets said in a court declaration. Manukonda also left a note on Zuckerberg's car and was later spotted outside his house, Sheets said.
Guards stopped Manukonda just as he was about to walk up the front stairs to Zuckerberg's Palo Alto residence, where Zuckerberg's girlfriend was inside, according to court documents.
A Santa Clara County Superior Court judge on Feb. 1 ordered 31-year-old Pradeep Manukonda of Milpitas to stay away from Zuckerberg and stop contacting him.
Manukonda tried to contact Zuckerberg numerous times in December via letter, e-mail and Facebook, including more than 20 times in one day, Facebook security officer Todd Sheets said in a court declaration. Manukonda also left a note on Zuckerberg's car and was later spotted outside his house, Sheets said.
Guards stopped Manukonda just as he was about to walk up the front stairs to Zuckerberg's Palo Alto residence, where Zuckerberg's girlfriend was inside, according to court documents.
WikiLeaks' Assange appears in court for hearing
WikiLeaks founder Julian Assange appeared in court Monday for a showdown with Swedish authorities to fight an extradition bid over sex crimes allegations.
Assange, wearing a blue suit, was flanked by two prison guards as the hearing opened at Belmarsh Magistrates' Court. Celebrity supporters Jemima Khan and Bianca Jagger, and politician Tony Benn also attended.
Assange is accused of sexual misconduct by two women he met during a visit to Stockholm last year. Defense lawyers will argue that he should not be extradited because he has not been charged with a crime, because of flaws in Swedish prosecutors' case — and because a ticket to Sweden could eventually land him in Guantanamo Bay or on U.S. death row.
American officials are trying to build a criminal case against the secret–spilling site, which has angered Washington by publishing a trove of leaked diplomatic cables and secret U.S. military files. Assange's lawyers claim the Swedish prosecution is linked to the leaks and politically motivated.
Preliminary defense arguments released by Assange's legal team claim "there is a real risk that, if extradited to Sweden, the U.S. will seek his extradition and/or illegal rendition to the USA, where there will be a real risk of him being detained at Guantanamo Bay or elsewhere."
The document adds that "there is a real risk that he could be made subject to the death penalty" if sent to the United States. Under European law, suspects cannot be extradited to jurisdictions where they may face execution.
Assange, wearing a blue suit, was flanked by two prison guards as the hearing opened at Belmarsh Magistrates' Court. Celebrity supporters Jemima Khan and Bianca Jagger, and politician Tony Benn also attended.
Assange is accused of sexual misconduct by two women he met during a visit to Stockholm last year. Defense lawyers will argue that he should not be extradited because he has not been charged with a crime, because of flaws in Swedish prosecutors' case — and because a ticket to Sweden could eventually land him in Guantanamo Bay or on U.S. death row.
American officials are trying to build a criminal case against the secret–spilling site, which has angered Washington by publishing a trove of leaked diplomatic cables and secret U.S. military files. Assange's lawyers claim the Swedish prosecution is linked to the leaks and politically motivated.
Preliminary defense arguments released by Assange's legal team claim "there is a real risk that, if extradited to Sweden, the U.S. will seek his extradition and/or illegal rendition to the USA, where there will be a real risk of him being detained at Guantanamo Bay or elsewhere."
The document adds that "there is a real risk that he could be made subject to the death penalty" if sent to the United States. Under European law, suspects cannot be extradited to jurisdictions where they may face execution.
Judge affirms $7.3M verdict against law firm
A Maine judge has upheld a jury verdict that awarded $7.3 million in damages for emotional distress to a businessman who contended he was double-crossed by a law firm he hired.
A Cumberland County jury last summer said the Portland law firm of Bernstein, Shur, Sawyer and Nelson worked against Peter Redman's interests in a dispute with his brother over control of the now-defunct Northern Mattress and Furniture Co. In a 37-page ruling, Superior Court Justice Thomas Humphrey denied the law firm's motion seeking a new trial.
Redman, of Old Orchard Beach, was banned from the family business' headquarters over a sexual harassment claim he contended was orchestrated by his brother to wrest control of the business. Redman said the firm failed to defend him against the accusations.
A Cumberland County jury last summer said the Portland law firm of Bernstein, Shur, Sawyer and Nelson worked against Peter Redman's interests in a dispute with his brother over control of the now-defunct Northern Mattress and Furniture Co. In a 37-page ruling, Superior Court Justice Thomas Humphrey denied the law firm's motion seeking a new trial.
Redman, of Old Orchard Beach, was banned from the family business' headquarters over a sexual harassment claim he contended was orchestrated by his brother to wrest control of the business. Redman said the firm failed to defend him against the accusations.
Prairieville man pleads guilty to mail fraud
A Prairieville man pleaded guilty in Baton Rouge federal court to a charge of mail fraud concerning his use of almost $200,000 worth of computer equipment.
The Advocate reports that 30-year-old Dustin J. Landry admitted Wednesday that he increased his income by $196,841 over a 4-year period by selling computer equipment that belonged to his Baton Rouge employer.
Landry's plea agreement shows the scheme was carried out between June 2006 and April 2010 at MMR Group Inc., where Landry worked as an information-technology specialist.
The mail fraud conviction carries a possible penalty of 20 years in prison and fines that could total $250,000.
The Advocate reports that 30-year-old Dustin J. Landry admitted Wednesday that he increased his income by $196,841 over a 4-year period by selling computer equipment that belonged to his Baton Rouge employer.
Landry's plea agreement shows the scheme was carried out between June 2006 and April 2010 at MMR Group Inc., where Landry worked as an information-technology specialist.
The mail fraud conviction carries a possible penalty of 20 years in prison and fines that could total $250,000.
Class Action Lawsuit Filed by Eagan Avenatti, LLP
Eagan Avenatti, LLP, a law firm specializing in consumer rights, filed a class action lawsuit earlier today in the United States District Court for the Northern District of Texas, Dallas Division (Case No. 3:11-cv-00248-M), alleging breach of contract, fraud and deceptive sales practices by Jerry Jones, the National Football League, the Dallas Cowboys Football Club and related defendants in connection with Super Bowl XLV held last Sunday in Arlington, Texas.
The complaint, which seeks compensatory damages of over $5 Million, claims that the unlawful acts of Jones, the NFL and the Cowboys resulted in approximately 400 fans who purchased tickets and traveled to the game being denied a seat, despite having spent thousands of dollars in tickets and travel expenses to attend the Super Bowl. The complaint also alleges that Jones and the Cowboys deceived Cowboys season ticket holders known as the “Founders” into paying $1,200 a seat for Super Bowl tickets that turned out to be temporary seats with obstructed views.
The “Founders,” who collectively account for over $100 Million in personal seat licenses sold to help fund construction of the stadium, each paid at least $100,000 per seat for their seat license, which the Cowboys and Jones promised would entitle them to the “best sightlines in the stadium” and the right to purchase a ticket to Sunday’s Super Bowl at face value. Instead, they arrived at the stadium Sunday to discover that they had been assigned to sit in obstructed view, temporary metal seats, which had only recently been installed in an effort to meet Jones’ goal of breaking NFL Super Bowl attendance records.
“You don’t have to own the Cowboys or run the NFL to know that you cannot lawfully treat people like this,” stated lead attorney Michael Avenatti. “At an absolute minimum, Jones, the Cowboys and the NFL need to accept full responsibility and reimburse fans one hundred percent for their expenses and damages. Anything short of that is a slap in the face to the fans of the NFL and the Cowboys.”
The complaint, which seeks compensatory damages of over $5 Million, claims that the unlawful acts of Jones, the NFL and the Cowboys resulted in approximately 400 fans who purchased tickets and traveled to the game being denied a seat, despite having spent thousands of dollars in tickets and travel expenses to attend the Super Bowl. The complaint also alleges that Jones and the Cowboys deceived Cowboys season ticket holders known as the “Founders” into paying $1,200 a seat for Super Bowl tickets that turned out to be temporary seats with obstructed views.
The “Founders,” who collectively account for over $100 Million in personal seat licenses sold to help fund construction of the stadium, each paid at least $100,000 per seat for their seat license, which the Cowboys and Jones promised would entitle them to the “best sightlines in the stadium” and the right to purchase a ticket to Sunday’s Super Bowl at face value. Instead, they arrived at the stadium Sunday to discover that they had been assigned to sit in obstructed view, temporary metal seats, which had only recently been installed in an effort to meet Jones’ goal of breaking NFL Super Bowl attendance records.
“You don’t have to own the Cowboys or run the NFL to know that you cannot lawfully treat people like this,” stated lead attorney Michael Avenatti. “At an absolute minimum, Jones, the Cowboys and the NFL need to accept full responsibility and reimburse fans one hundred percent for their expenses and damages. Anything short of that is a slap in the face to the fans of the NFL and the Cowboys.”
IRS agents testify in Pa. judge corruption case
Federal prosecutors have rested in the corruption trial of a former northeastern Pennsylvania judge charged with taking part in a $2.8 million kickback scheme involving privately-owned juvenile detention centers.
Two IRS agents testified Monday morning in the trial of ex-Luzerne County Judge Mark Ciavarella. Prosecutors say Ciavarella and another judge disguised extortion payments as rent on a condo in Florida.
IRS agent Ray Eppley testified that the judges failed to pay nearly $500,000 in taxes on illicit income.
The state Supreme Court threw out thousands of juvenile convictions issued by Ciavarella, saying he disregarded the constitutional rights of the defendants. He has denied breaking any laws.
The second judge pleaded guilty to racketeering conspiracy and awaits sentencing.
Two IRS agents testified Monday morning in the trial of ex-Luzerne County Judge Mark Ciavarella. Prosecutors say Ciavarella and another judge disguised extortion payments as rent on a condo in Florida.
IRS agent Ray Eppley testified that the judges failed to pay nearly $500,000 in taxes on illicit income.
The state Supreme Court threw out thousands of juvenile convictions issued by Ciavarella, saying he disregarded the constitutional rights of the defendants. He has denied breaking any laws.
The second judge pleaded guilty to racketeering conspiracy and awaits sentencing.
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We specialize in legal website design, online marketing, and search engine marketing. Lawyer Web Direct features an integrated team of multi award winning web designers, content writers, programmers and legal marketing professionals that know how to get the results. Our talented team of dedicated professionals will bring together your ideas into reality.
Our company works with many different types of lawyers and law firms which allows us to be able to create a website for your firm no matter what your practice area may be. We will work with your law firm no matter what the size to be sure the finished product is exactly what you want and need.
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