News & Politics Archives - Page 818 of 851

Fantasy Football ‘Brothels’ Exposed!

Staff - October 7, 2015

The scandal erupted on September 27th after Draft Kings mid-level content manager Ethan Haskell inadvertently revealed data regarding what players were on many of the site’s participants’ rosters. The next day, Haskell finished second in a million-dollar FanDuel contest, netting $350,000. Although both companies released a joint statement insisting that they both have strict fraud control mechanisms to prevent impropriety by employees, the companies will continue to investigate the matter. Draft Kings released a statement to Forbes late Monday saying that Mr. Haskell’s FanDuel fantasy picks were locked in at 1:00pm on the 27th, meaning he could not edit his roster, and that the data breach occurred at 1:40, meaning that the data could not have influenced his picks.

Supreme Court Declines to Take up Newman Insider Trading Case

Staff - October 6, 2015

The case of Todd Newman and Anthony Chiasson, where were convicted of insider trading in 2012, during New-York’s U.S. attorney, Preet Bharara’s astounding six-year run of 85 insider trading convictions before losing a case which netted him 60 other convictions. Last December, however, the 2nd Circuit overturned the Newman convictions, ruling that Bharara stretched the limits of insider trading laws too far, citing insufficient evidence. At issue is whether or not the giver of the confidential information must receive a benefit from providing the tip, and whether or not that benefit must be concrete and tangible to be considered insider trading.

The U.S. Chamber of Commerce: The Astounding Height of Hypocrisy

Staff - October 4, 2015

Full disclosure, Mr. Lane asked me to look into the 52-page report created by the Chamber’s “Institute for Legal Reform,” but the results that I found were absolutely shocking, and the opinions I have about this absolute piece of garbage are my own.

Mosaic Hit with $2 Billion Federal Penalty for Phosphate Waste

Staff - October 3, 2015

The world’s largest producer of phosphate for use as fertilizer The Mosaic Company, based out of Plymouth, Minnesota, has agreed to a historic $2 billion settlement with the U.S. Environmental Protection Agency (EPA) and the Department of Justice (DOJ). The EPA accused the company of improperly storing and disposing over 60 billion pounds of phosphogypsum waste,

Sandy Hook Lawsuit Moves to State Court in Wake of another School Shooting

Staff - October 2, 2015

The lawsuit was initially filed in Connecticut Superior Court in Bridgeport; however Bushmaster successfully petitioned for the case to be moved to federal court shortly afterward. The plaintiffs are arguing the Bushmaster AR-15 assault rifle used in the shooting is too dangerous to be sold to the public, citing negligent entrustment, a provision which holds a company liable for damages occurring to a third party. Federal courts have usually ruled in favor of gun manufacturers in cases involving negligent entrustment. Although Bushmaster attorneys argued that including Riverview Gun Sales in the lawsuit was “meritless” and that the company was fraudulently named as a defendant in order to keep the case at the state level, Judge Chatigny remanded the case back to state court without issuing an opinion.

Mixed 9th Circuit Ruling Upholds NCAA Antitrust Ruling, Vacates Athlete Payment Proposal

Staff - October 1, 2015

While the panel was in agreement with the first part of Judge Wilken’s ruling, Chief Judge Sidney R. Thomas disagreed with the other two judges on the merits of Wilken’s acceptance of the deferred-compensation option. Defending the majority opinion of vacating this portion of Wilken’s ruling, Judge Bybee wrote “The difference between offering student-athletes education-related compensation and offering them cash sums untethered to educational expenses is not minor; it is a quantum leap,” Bybee added, “Once that line is crossed, we see no basis for returning to a rule of amateurism and no defined stopping point.”

Ralph Nader’s Tort Law Museum Opens in Connecticut

Jeremy Lesh - September 28, 2015

Nader is hoping that the museum will help to serve future generations in understanding the power of the consumer, the threats of the protections being removed as part of the conservative tort-reform agenda, which is an attempt to put caps on personal injury lawsuit awards. Nader said, “Tort law is being run into the ground, maligned, caricatured and slandered because it’s effective,” calling tort reform, “the cruelest movement I’ve ever encountered.”

Will Republican Candidates Face the Music over Campaign Anthems?

Staff - September 28, 2015

The copyright laws involving campaign music are murky, as Gingrich had argued. Generally, the costs of litigation aren’t worth the challenge in court. Sullivan for one said he will not take legal action this time against Davis and Huckabee, but did say that the use of the song was personal. Sullivan told Rolling Stone, “I do not agree with Kim Davis’ stance and do not believe in denying gay rights and the freedom for all individuals to choose the lifestyle they want to live. Our Constitution, and the words of our Founding Fathers, stand tall for freedom, which is what America is all about. I find it ridiculous in this day and age that this fight against gay marriage has gone on, even after the Supreme Court’s ruling. Let’s stop!”

House Speaker Boehner Abruptly Announces Resignation

Staff - September 25, 2015

The 65 year-old had been serving in the House, representing Ohio’s 8th District since 1991, yet his seniority and leadership roles have not been able to quell dissent from conservatives in the party, most recently revolving around funding for Planned Parenthood potentially leading to a shutdown. Over 30 members of the House threatened a no-confidence vote over the Planned Parenthood issue; with such a vote meaning that Boehner would have to rely on Democratic votes to remain as Speaker next term.

Indiana’s Supreme Court Hears Arguments over 2011 State Fair Stage Collapse

Staff - September 24, 2015

The case may or may not end at the state’s Supreme Court, depending on whether or not the appeal is considered. If the Court declines the appeal, the case will head back to a jury trial in Marion County, however MacGill acknowledged that even a favorable ruling will still make for difficulties, saying that “we have a lot of work to do, and we have to prove a case.” If the Court accepts the case, and depending on the ruling, the state could be held liable for an undisclosed amount of damages.

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