Export

Lawsuit Targets ASML and Executives Over Alleged Securities Law Violations, Claims Misleading Financial Forecasts Amid Export Controls

by

New York — A securities law firm, Bleichmar Fonti & Auld LLP, has recently filed a lawsuit against ASML Holding N.V., a prominent player in the semiconductor industry, and several of its top executives. The lawsuit, initiated on behalf of investors in ASML securities, alleges breaches of federal securities laws, focusing primarily on the deceptive assurance regarding the impact of new export controls on the company’s financial health. The litigation, officially titled City of Hollywood Firefighters’ Pension Fund v. ASML Holding N.V., et al., was lodged in the U.S. District Court for the Southern District … Read more

Quartet Apprehended for Illegal Firearms and Export Activities

by

LOUISVILLE, Ky. — Four Louisville men face charges after federal authorities accused them of illegally exporting firearms out of the United States. These charges bring into sharp focus the ongoing issues surrounding illegal firearms trafficking and its implications for both national and international security. The individuals, whose names have not yet been disclosed, were arrested following a meticulous investigation by U.S. authorities who tracked the illegal movement of firearms to different countries. The operation unveiling their activities highlighted a significant breach in weapons control regulations meant to prevent arms from falling into the wrong hands. … Read more

Latvian Broker Arrested for Violating US Export Laws in Connection to Russian Aerospace Equipment Sales: Justice Department Indicts Third Individual in Johnson County Conspiracy

by

JOHNSON COUNTY, Kan. – A Latvian broker has been arrested for violating U.S. export laws in connection with a Johnson County company. The U.S. Department of Justice announced that a citizen of the Republic of Latvia is charged with crimes related to a year-long conspiracy to sell avionics equipment to Russian companies, in violation of U.S. export laws. This arrest is the result of a grand jury’s superseding indictment, which also implicates a Johnson County company and two U.S. nationals. The superseding indictment states that Oleg Chistyakov, also known as Olegs Čitsjakovs, conspired with U.S. … Read more