Dismissal

Judge Issues Emergency Stay on Fed Governor Lisa Cook’s Dismissal Amid Controversy

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A federal judge in Washington, D.C., has issued a temporary order preventing the termination of Federal Reserve Governor Lisa Cook. This ruling comes as Cook challenges efforts to oust her from the central bank’s board. Cook, who was nominated by President Joe Biden and confirmed in May 2021, has been at the forefront of discussions surrounding monetary policy and the U.S. economy. Her role as a prominent figure in the Federal Reserve has drawn attention, particularly as the central bank navigates ongoing inflationary pressures and rising interest rates. The judge’s ruling originated from a legal … Read more

Gateway Church Seeks Dismissal of Defamation Lawsuit Over Founder’s Abuse Allegations Response

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SOUTHLAKE, Texas — Gateway Church is seeking dismissal from a defamation lawsuit linked to allegations of sexual abuse against its founder, Robert Morris. The lawsuit has been filed by Cindy Clemishire and her father, addressing the church’s public response to the accusations. Clemishire alleges that Morris sexually abused her starting in 1982, when she was just 12 years old. She brought her allegations to light in June 2024, prompting a statement from Gateway Church that described Morris’s conduct as “inappropriate sexual behavior with a young lady,” though it did not specify her age. Following the … Read more

Legal Battle Erupts as Fed Governor’s Lawyer Seeks to Prevent Dismissal

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In Washington, D.C., the legal team representing a Federal Reserve governor is taking action against the central bank’s attempts to terminate his employment. This development underscores ongoing tensions and scrutiny surrounding the leadership at the Federal Reserve. The governor’s attorney has formally requested a federal judge to intervene and prevent the dismissal, arguing that the reasons provided for the termination lack validity and could harm the integrity of the institution. This legal maneuver reflects both the individual dynamics at play within the Federal Reserve and wider concerns regarding its governance and operations, particularly as the … Read more

Federal Jury Slaps American Express with $12.5 Million Verdict for Unfair Practices Amid Antitrust Claims Dismissal

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NEW YORK — A federal jury has ordered American Express Co. to pay $12.5 million in damages after finding the company engaged in unfair practices under Illinois law, although it was cleared of various antitrust allegations that had also been brought against it. The verdict, delivered on Thursday in the U.S. District Court for the Eastern District of New York, stemmed from a protracted legal battle initiated by state consumers. Those consumers challenged certain nondiscrimination clauses present in American Express’s agreements with merchants who accept its credit cards. These provisions specifically prohibit steering practices, which … Read more