Lawsuit

Binance Faces Legal Showdown as Appeals Court Revives Lawsuit on Violation of US Securities Laws

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New York City, USA – The 2nd US Circuit Court of Appeals in Manhattan has revived a lawsuit against Binance, the leading global cryptocurrency exchange. The lawsuit alleges that Binance violated US securities laws by selling unregistered tokens, resulting in significant financial losses for investors. The court has categorised token purchases in the US under US securities laws, as they cannot be cancelled once bought. However, Binance contends that these claims are outside the jurisdiction of the United States. This legal battle carries high-stakes implications with global ramifications. In a recent unanimous 3-0 decision, the … Read more

Donald Trump Secures $91.6 Million Bond to Cover Defamation Lawsuit Verdict Amid Appeals

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New York, NY – Former President Donald Trump has obtained a $91.6 million bond to cover the amount owed in a defamation lawsuit brought by writer E. Jean Carroll. Trump’s attorney, Alina Habba, disclosed this information to the court on Friday. The bond, provided by Federal Insurance Co., a unit of Chubb insurance company, will cover the $83.3 million judgment in the lawsuit, along with interest. Habba also filed a notice indicating that Trump, who is seen as the likely 2024 Republican presidential nominee, plans to appeal the verdict. The posting of the bond was … Read more

Donald Trump Secures $91.6 Million Bond for Defamation Lawsuit Appeal

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Former President Donald Trump has secured a $91.6 million bond to cover the money he owes writer E. Jean Carroll in a defamation lawsuit while he awaits the outcome of his appeal, according to his lawyer. Attorney Alina Habba filed papers with a New York judge, revealing that Trump obtained the bond from the Federal Insurance Co., a unit of the insurance giant Chubb. The bond will cover the $83.3 million judgment in the lawsuit, plus interest. This move comes after Judge Lewis A. Kaplan declined to postpone the deadline for posting a bond to … Read more

Arizona Agencies Face Lawsuit Over Sober Living Crisis and Medicaid Fraud, Impacting Vulnerable People’s Lives

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PHOENIX – A civil lawsuit has been filed in Arizona in connection with the state’s sober living crisis and massive Medicaid fraud. The lawsuit alleges that the Arizona Health Care Cost Containment System (AHCCCS) and the Arizona Department of Health Services are responsible for the deaths of two individuals, Carson Leslie and Fernando Largo. The lawsuit claims that AHCCCS failed to oversee billing by behavioral health providers and that the Department of Health Services awarded licenses to providers without requiring liability insurance. The fraud scheme involved billing AHCCCS, which provides Medicaid coverage, for substance abuse … Read more