5/28/2015 In what looks to be the most widespread and lucrative corruption scandal in the global history of sport, the U.S. Justice Department has unsealed a 47-count indictment against 14 executives of the worldwide soccer governing body, FIFA. The executives are being charged with racketeering, wire fraud, and money laundering. The Justice Department alleges that
5/27/2015 In a decision that helps to define the statute of limitations for whistleblower cases, the Supreme Court unanimously ruled Tuesday, May 26th that whistleblowers do not get extra time to file false claims complaints during a time of war. The case revolves around former Iraq contractor, Benjamin Carter, whose 2011 complaint under review alleges
5/26/2015 Perhaps no industry besides investment banks has been hit as hard by the federal court system than tobacco over the past several years. A pair of recent appeals rulings, however, indicates a substantial turn in the industry’s decades-long financial flogging. On Friday, the D.C. Court of Appeals delivered a mixed-ruling, in which some
5/26/2015 Charter Communications is expected to announce on Tuesday that the company has reached an agreement to purchase Time Warner Cable. If the deal passes regulatory scrutiny, the third and second largest cable providers, respectively, will provide heavy competition to industry leader Comcast, as well as other companies like DirecTV and Netflix. The estimated $55
5/25/2015 A lawsuit will continue in U.S. District Court in Minnesota regarding Target’s widespread 2013 pre-holiday data breach as banks rejected a $19 million settlement proposed last month. Over 40 million debit and credit cards were compromised during the breach, putting millions of cardholders’ information at risk. The settlement set aside by Target would have
5/21/2015 As the Trans-Pacific Partnership (TPP) “fast track” debate continues its push through the congressional gauntlet, my fellow colleague Jay and I have analyzed hundreds of texts and perspectives surrounding the trade deal. We have covered labor, patent and trademarks, mass-torts, environmental concerns, and the highly controversial Investor State Dispute Resolution (ISDS) system, and little
5/20/2015 Baseball is a game of eternal youth, and nothing may be more evident of that than listening to 95 year-old retired Supreme Court Justice, John Paul Stevens talk passionately about the future course of the sport. In a May 15th speech in front of the Sports Lawyers Association in Baltimore, Justice Stevens recalled his
5/18/15 If there were any doubts about whether or not many banks broke the law while selling bad mortgages to investors or if their clients were merely victims of bad timing, Manhattan Federal Court Judge, Denise L. Cote, would like to eliminate them. Finding Japanese bank, Nomura Holdings and the Royal Bank of Scotland (RBS)
5/18/15 The U.S. Food and Drug Administration (FDA) issued a warning on its website on Friday, May 15th regarding a popular oral type II diabetes class of medications known as SGLT2 inhibitors. The FDA warned that the increasingly popular class of drugs, which help blood sugar to be secreted in urine, has led to ketoacidosis,
5/18/2015 As mentioned in my last post, Google has just launched the first self-driving car onto public roadways near its California headquarters. This comes after the company recently admitted to the vehicles being involved in 11 minor accidents, with no injuries and little damage during 6 years of testing. These revelations confirm many people’s concerns