Tag: sues

  • Coinbase sues US SEC over crypto rule-making petition

    Coinbase sues US SEC over crypto rule-making petition

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    San Francisco: Leading Blockchain and cryptocurrency platform Coinbase has sued the US Securities and Exchange Commission (SEC) to compel the commission to respond yes or no to its July 2022 rule-making petition.

    The petition had asked the SEC to use its formal rule-making process to provide guidance for the crypto industry.

    To date, more than 1,700 entities and individuals have submitted comments to Coinbase’s petition echoing the request for clarity.

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    Coinbase chief legal officer Paul Grewal said that the Administrative Procedure Act (APA) requires the SEC to respond to Coinbase’s rulemaking petition “within a reasonable time”.

    “If the SEC says no to our rule-making petition, which it has the right to do, then Coinbase would be allowed to challenge that decision in court and explain in that formal setting why rulemaking is required,” Grewal said in a blog post.

    He said that from the SEC’s public statements and enforcement activity in the crypto industry, it seems like the SEC has already made up its mind to deny Coinbase’s petition.

    “But they haven’t told the public yet. So the action Coinbase filed today simply asks the court to ask the SEC to share its decision. This step may feel unusual, and it is, because this step is usually not needed. But it is also unusual for an agency to bring enforcement actions based on a view of the law that it has not yet shared formally with the public,” Grewal argued.

    Coinbase said it is simply requesting that the Court order the SEC to respond at all, which they are legally obligated to do.

    In March, the crypto exchange was put on notice by the US SEC for allegedly breaking securities laws.

    The SEC gave Coinbase a “Wells notice” regarding an undefined portion of its listed digital assets, staking service Coinbase Earn, Coinbase Prime, and Coinbase Wallet after a cursory investigation.

    Coinbase had said it was prepared for “this disappointing development”.

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    ( With inputs from www.siasat.com )

  • NAACP sues Mississippi over ‘separate and unequal policing’

    NAACP sues Mississippi over ‘separate and unequal policing’

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    “In certain areas of Jackson, a citizen can be arrested by a police department led by a State-appointed official, be charged by a State-appointed prosecutor, be tried before a State-appointed judge, and be sentenced to imprisonment in a State penitentiary regardless of the severity of the act,” the lawsuit says.

    Derrick Johnson, the national president of the NAACP, is himself a resident of Jackson. At a community meeting earlier this month, he said the policing law would treat Black people as “second-class citizens.”

    The legislation was passed by a majority-white and Republican-controlled state House and Senate. Jackson is governed by Democrats and about 83% of residents are Black, the largest percentage of any major U.S. city.

    The governor said this week that the Jackson Police Department is severely understaffed and he believes the state-run Capitol Police can provide stability. The city of 150,000 residents has had more than 100 homicides in each of the past three years.

    “We’re working to address it,” Reeves said in a statement Friday. “And when we do, we’re met with overwhelming false cries of racism and mainstream media who falsely call our actions ‘Jim Crow.’”

    According to one of the bills Reeves signed into law Friday, Capitol Police will have “concurrent” jurisdiction with Jackson Police Department in the city. The expanded jurisdiction for the Capitol Police would begin July 1.

    Another law will create a temporary court within a Capitol Complex Improvement District covering a portion of Jackson. The court will have the same power as municipal courts, which handle misdemeanor cases, traffic violations and initial appearances for some criminal charges. The new law says people convicted in the Capitol Complex Improvement District Court may be put in a state prison rather than in a city or county jail.

    The judge of the new court is not required to live in Jackson and will be appointed by the Mississippi Supreme Court chief justice. The current chief justice is a conservative white man.

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    ( With inputs from : www.politico.com )

  • Abortion pill maker sues FDA to preserve access

    Abortion pill maker sues FDA to preserve access

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    A ruling by the 5th Circuit Court of Appeals now pending before the Supreme Court would unwind policies the FDA has approved since 2016 to make the abortion pill more accessible — including telemedicine prescription, mail delivery and retail pharmacy dispensing — and shrink the window of time patients are approved by FDA to take the drug from 10 to seven weeks of gestation — before many know they are pregnant.

    The 5th Circuit’s decision, which endorses much of a challenge brought by the anti-abortion medical group Alliance for Hippocratic Medicine, would also suspend the FDA’s 2019 approval of the generic version of mifepristone made by GenBioPro.

    “If the AHM Fifth Circuit Order goes into effect, the result will be chaos,” GenBioPro warned in its suit. “No court in history has ever ‘stayed’ or ‘suspended’ a longstanding FDA approval, and FDA has no template for responding to — or implementing — those decisions.”

    The FDA declined to comment on the litigation.

    Making similar arguments to the company’s, some Democratic lawmakers and activists have recently demanded that the Biden administration ignore a potential court order suspending approval of the pill or direct the FDA to use enforcement discretion to keep the pill on the market.

    GenBioPro claims that, before suing, it repeatedly approached the FDA to ask what the process would be for suspending approval and what rights the company has under that scenario and received no response.

    “Notwithstanding the exigent circumstances and the numerous tools available to FDA, FDA has repeatedly refused to assure GenBioPro or the public that it will afford GenBioPro adequate procedures before suspending GenBioPro’s … approval,” the company wrote.

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    ( With inputs from : www.politico.com )

  • Trump sues his former fixer Michael Cohen for over $500 million

    Trump sues his former fixer Michael Cohen for over $500 million

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    Donald Trump is suing his former lawyer and fixer Michael Cohen just over a week after the former president was arraigned on 34 felony charges related to payments Cohen made to porn star Stormy Daniels ahead of the 2016 election.

    Trump is suing Cohen for more than $500 million in damages, alleging that he violated his attorney-client relationship with Trump by “spreading falsehoods” and revealing confidential information, according to the court filing.

    The filing attacks Cohen’s credibility as he is expected to be a key witness in Trump’s impending criminal trial in New York. Going after political or legal adversaries through lawsuits is not a new move for Trump and his legal team, though it is one that has had negative consequences in the past. In January, a Florida-based federal judge ordered nearly $1 million in sanctions against Trump and his attorney Alina Habba for a lawsuit against Hillary Clinton that the judge described as “completely frivolous.”

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    ( With inputs from : www.politico.com )

  • Bragg sues House Republicans over ‘campaign of harassment’ amid Trump probe

    Bragg sues House Republicans over ‘campaign of harassment’ amid Trump probe

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    The new litigation was filed in federal district court in Manhattan and assigned to Judge Mary Kay Vyskocil, a Trump appointee. It stems from the first subpoena issued in a sweeping House GOP investigation into Bragg’s office. Republicans launched their probe, led by Judiciary Chair Jim Jordan (R-Ohio), Oversight Chair James Comer (R-Ky.) and Administration Chair Bryan Steil (R-Wis.), while rallying to Trump’s side ahead of his indictment.

    Vyskocil replied to Bragg’s lawsuit Tuesday afternoon, indicating that she would not grant his motion for a temporary restraining order. Instead, she ordered Bragg to serve the lawsuit on Jordan by 9 p.m. Tuesday and for Jordan and the committee to respond to the filing by April 17. Vyskocil said she would hold a hearing on April 19.

    Meanwhile, Jordan and members of his committee will take their defense of Trump to a new height by heading to New York on Monday, ramping up their public pressure campaign against Bragg. And the Ohioan quickly took to Twitter to push back on Bragg’s suit.

    “First, they indict a president for no crime,” Jordan wrote. “Then, they sue to block congressional oversight when we ask questions about the federal funds they say they used to do it.”

    The three GOP lawmakers have also been quietly preparing for a potential court battle. They warned in a March response to Bragg’s office that they believed any subpoena would survive a “three-prong test” previously laid out by the Supreme Court that is meant to “determine the legal sufficiency of a congressional subpoena.”

    Pomerantz told Jordan and the Judiciary Committee on March 27 that he would not testify voluntarily, citing an instruction he received from Bragg’s office earlier in the month. That instruction came in a letter, dated March 25, in which Bragg’s general counsel, Leslie Dubeck, told Pomerantz that the Judiciary Committee subpoena raised “concerns about federalism, state sovereignty, the limits on congressional power, and the purpose and legality” of the probe.

    The battle over Pomerantz could also portend a more prolonged fight between House Republicans and Bragg’s office. Jordan sent a letter on Friday to Matthew Colangelo, senior counsel to the New York County District Attorney’s Office, requesting closed-door testimony. (He took a similar step with Pomerantz before issuing his subpoena.)

    And Jordan hasn’t ruled out subpoenaing Bragg himself. Judiciary panel staffers were already laying some of the groundwork for that step, but their timeline is in limbo amid a volley of letters back-and-forth with Bragg’s office. Responses from the DA’s office have not ruled out cooperating and instead pushed for more details on what the three GOP lawmakers would want to discuss as part of any sitdown interview.

    Pomerantz began working on investigations into Trump under former Manhattan District Attorney Cyrus Vance Jr. and continued after Bragg took office in December 2021. However, Pomerantz and a colleague abruptly resigned about two months later, with reports quickly emerging that Bragg had balked at launching the wide-scale tax-and-insurance fraud prosecution of Trump that Pomerantz favored.

    Two months ago, Pomerantz released a book accusing Bragg of abandoning a winnable criminal case against Trump. Just before the book was published, Bragg sent the author and the book’s publisher, Simon & Schuster, a letter urging a delay and warning that Pomerantz had a duty to clear any manuscript about his work in advance with Bragg’s office.

    The book was published as scheduled, and Pomerantz insisted he’d abided by his duties. “I am confident that all of my actions with respect to the Trump investigation, including the writing of my forthcoming book, are consistent with my legal and ethical obligations,” he said in a statement at the time.

    Bragg never sued to block Pomerantz’s book or interviews he granted in connection with its release. However, the district attorney’s new lawsuit does seek orders forbidding the former prosecutor from complying with the House subpoena. It’s unclear whether the DA will ask the judge for a broader order that limits Pomerantz’s ability to discuss his interactions in the office.

    Bragg also used his lawsuit to swing back at Trump’s attacks on him, noting that they led to threats to his office.

    “Mr. Trump in particular has threatened New York officials with violent and racist vitriol,” Bragg’s filing states. “These statements have had a powerful effect. District Attorney Bragg has received multiple death threats. In one instance, he received a package containing suspicious white powder with a note making a specific death threat against him.”

    Bragg’s lawsuit features a chronology of Jordan and the House Judiciary Committee’s public statements attacking the DA and bashing the investigation of Trump, which he says betrays the political nature of the GOP investigation. He contends that those Republican statements are evidence that the committee lacks a “legitimate legislative purpose” for probing his office — and is instead using it to punish a political adversary engaged in a criminal investigation.

    To bolster that position, Bragg cites the Supreme Court’s decision in another Trump-related matter: Democrats’ yearslong effort to get the former president’s financial records from his accounting firm, Mazars USA. In its opinion, the court endorsed Congress’ sweeping power to investigate matters it plans to legislate, but acknowledged some limits on that power.

    “The purported legislative purposes Chairman Jordan has invoked to support the subpoena are unsupported, speculative, specious, and/or unconstitutional. The subpoena is more broad than reasonably necessary to support any claimed congressional objective,” Bragg’s office contends.

    But courts have long been wary of policing Congress’ investigative power, and even more loath to delve into the mindset of individual lawmakers who are pursuing politically explosive investigations. However, Bragg’s lawsuit may tie up Congress’ ability to garner testimony and information related to the Trump probe while it plays out in court.

    Erica Orden contributed to this report.



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    ( With inputs from : www.politico.com )

  • DOJ sues Norfolk Southern over East Palestine derailment

    DOJ sues Norfolk Southern over East Palestine derailment

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    The DOJ is seeking injunctive relief, cost recovery and civil penalties to “ensure it pays the full cost of the environmental cleanup,” according to the lawsuit.

    “As a result of this incident, hazardous materials vented into the air and spilled onto the ground. These substances contaminated local waterways and flowed miles downstream,” the prosecutors wrote in the suit.

    The derailment, involving a freight train traveling near a small town along the Pennsylvania-Ohio border, sent 38 cars off the track, spilling hazardous chemicals. Some of the tank cars had been compromised and required a controlled release of toxic vinyl chloride, which was burned off and forced the town’s evacuation.

    Federal officials have insisted that the area and its water are safe now, but residents continue to complain of foul smells and worry about long-term health concerns, as well as depressed home values.

    Earlier this month, Alan Shaw, the railroad’s CEO, appeared before Congress to apologize for the derailment and promise accountability, telling lawmakers that “we won’t be finished until we make it right.”

    The company has come under intense scrutiny from the industry and lawmakers, who have pressed for more stringent safety precautions as they suspect an overheating wheel caused the derailment. Norfolk Southern has since announced a handful of new safety measures, as has the industry as a whole.

    Lawmakers from both parties, including a heavy contingent from Ohio and Pennsylvania, are pressing forward with legislation intended to shore up rail safety, but so far have yet to gain broad traction.

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    ( With inputs from : www.politico.com )

  • Man sues wife for marrying lover after Rs 2.9 cr lottery win

    Man sues wife for marrying lover after Rs 2.9 cr lottery win

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    A Thai man was stunned to learn that his wife had won a lottery jackpot of 12 million baht (Rs 2.9 crore) and then married another man.

    According to a report by Thaiger, on March 11, a 47-year-old man called Narin filed a complaint against his wife. The man married the accused 20 years ago and the couple had three kids.

    According to the report, Narin was facing a debt of over 2 million baht and planned to relocate to South Korea in 2014 in order to repay the bill.

    Although his wife, Chaweewan, returned to Thailand to care for their children, the guy continued to work in South Korea and transferred around 27,000 to 30,000 baht each month to his family.

    The man afterward discovered that his wife had won a Rs 2.9 crore lottery but had concealed the fact from him. As the accused refused to return phone calls, the guy decided to fly to Thailand on March 3. When he arrived in Thailand, he discovered she had married a police officer on February 25.

    “I was shocked and did not know what to do. I am disappointed. I did not expect that my wife of 20 years would do this to me. I only had 60,000 baht left in my bank account because I gave money to her every month. I want to call out for justice and the money that I deserve,” he said.

    Chaweewan, on the other hand, stated that she split up with Narin several years before winning the lottery and marrying her boyfriend.

    The man stated that he was unaware of the separation. The situation is currently being investigated by police officers and other authorities.

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    ( With inputs from www.siasat.com )

  • Trump sues Woodward over audiobook recordings

    Trump sues Woodward over audiobook recordings

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    The lawsuit was filed in the Northern District of Florida. It also named as defendants Simon & Schuster — the audiobook’s publisher — and Paramount, Simon & Schuster’s parent company.

    Woodward and Simon & Schuster said in a joint statement on Monday evening that the lawsuit was “without merit,” since the interviews were recorded on the record with Trump’s consent.

    “Moreover, it is in the public interest to have this historical record in Trump’s own words,” the statement said. “We are confident that the facts and the law are in our favor.”

    Central to the lawsuit’s argument is the claim that Trump never agreed for his voice to be used in an audiobook when he was interviewed for Woodward’s 2021 book on his presidency, “Rage.” Woodward received Trump’s consent to be recorded and “repeatedly informed him that such interviews were for the sole purpose of a book,” the lawsuit said.

    “When it came to treating President Trump fairly, Mr. Woodward talked the talk, but he failed to walk the walk,” the suit said.

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    ( With inputs from : www.politico.com )

  • Lebanese Prosecutor-General sues Beirut port blasts investigator

    Lebanese Prosecutor-General sues Beirut port blasts investigator

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    Beirut: Lebanon’s Prosecutor-General Ghassan Oueidat has filed charges against the judge leading the investigation into the 2020 Port of Beirut blasts and released all the 17 suspects in connection with devastating explosions that killed at least 218 people.

    The prosecutor accused Tarek Bitar of “abusing power” by resuming his work despite the several complaints filed against him, reports Xinhua news agency.

    The investigation was suspended in December 2021 after a series of complaints were filed against Bitar, forcing him to halt his probe.

    He resumed his work on Monday after a 13-month suspension.

    In response to Oueidat’s accusation, Bitar said he won’t step down and will continue with his “responsibilities as investigative judge”.

    Upon returning to the office on Monday, Bitar ordered the release of five detained suspects and announced his plan to press charges against others.

    On Tuesday, he charged former prime minister Hassan Diab and two former ministers with homicide with probable intent.

    He also charged chief of Lebanese General Security Abbas Ibrahim, State Security director Tony Saliba, and former army commander Jean Kahwaji in connection.

    Meanwhile, families of the blast victims were angered by Oueidat’s decision to release all the suspects and staged protests in Baabda, the capital of Mount Lebanon Governorate.

    Primary investigations into the blast revealed that 2,750 tonnes of ammonium nitrate (equivalent to around 1.1 kilotons of TNT) stored since 2014 in a warehouse at the port caused the explosions, which injured 7,000 people, caused $15 billion in property damage, and left estimated 300,000 others homeless.

    The substance was stored at the warehouse after being confiscated by the Lebanese authorities from the abandoned ship MV Rhosus.

    The explosion was preceded by a fire in the same warehouse.

    The blast was so powerful that it physically shook the whole country of Lebanon.

    It was felt in Turkey, Syria, Palestine, Jordan, and Israel, as well as parts of Europe, and was heard in Cyprus, more than 240 km away.

    It was detected by the US Geological Survey as a seismic event of magnitude 3.3 and is considered one of the most powerful accidental artificial non-nuclear explosions in history.

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    ( With inputs from www.siasat.com )