SEC’s $108M Fraud Suit Against OnPassive - USA Herald
WEBAug 28, 2024 · In a pivotal legal decision, a Florida federal judge refused to dismiss a $108 million fraud lawsuit filed by the U.S. Securities and Exchange Commission (SEC) against Ashraf Mufareh, his wife Asmahan Mufareh, and their company OnPassive LLC. The SEC accused the couple of orchestrating a fraudulent, unregistered securities offering that lured more than 800,000
Wrongfully Imprisoned for 29 Years: The Leo Schofield Story
WEBJan 6, 2017 · When the clock struck midnight, Leo, worried about his wife, called his father. Leo Schofield, Sr. picked his son up and together the two retraced the route that Michelle would have taken. They checked Leo and Michelle’s trailer, but not seeing her vehicle, didn’t enter the trailer and kept searching. After driving around for some time, Leo ...
Trump-Appointed Alaska Judge Abruptly Resigns - USA Herald
WEBJul 5, 2024 · Judge Joshua Kindred of the District of Alaska notified President Joe Biden on Wednesday that he will resign from his position on Monday. The reason behind this sudden resignation is unclear, and attempts to reach his chambers for comment on Friday were unsuccessful. Appointed by former President Donald Trump, Judge Kindred has served on the bench since early 2020.
PPG Sells Silicas Business to Qemetica for $310M - USA Herald
WEBAug 29, 2024 · PPG Industries Inc. has agreed to sell its silicas business to Polish chemical company Qemetica SA in a deal worth $310 million. The transaction, which is expected to close in the fourth quarter of 2024, marks a strategic move by the Pittsburgh-based paint and coatings giant as it refocuses on its core businesses.. Strategic Sale …
Troutman Pepper Faces $59M Malpractice Suit - USA Herald
WEBSep 5, 2024 · 1. 2. Queens-based construction company Judlau Contracting has filed a $59 million malpractice lawsuit against law firm Troutman Pepper Hamilton Sanders LLP, accusing the firm and its partner Frank T. Cara of inadequate legal representation in two significant cases. The complaint was filed in New York …
Advance Auto Parts Settles Class Action for $1.7M - USA Herald
WEBDec 20, 2023 · In a legal twist resembling a high-stakes automotive maneuver, Advance Auto Parts has accelerated toward resolution, agreeing to pay a hefty $1.7 million to settle a class action. The lawsuit accused the automotive giant of steering its employee 401(k) plan onto a costly course, laden with investments and fees totaling a staggering $1 billion.. Advance Auto To Pay $1.7M To End Suit : A Speedy ...
Gabrielle Seunagal - USA Herald
WEB5 days ago · Gabrielle Seunagal is a full-time freelance writer and voice actor, working with USA Herald since June 2017. She is passionate about fitness, travel, and combating human rights abuses like human trafficking and child marriage.
SEC russell todd lawsuit Over Alleged $300M Ponzi Scheme
WEBAug 14, 2024 · The U.S. Securities and Exchange Commission (SEC) filed a lawsuit Wednesday against Russell Todd Burkhalter and his firm, Drive Planning LLC, accusing them of operating a “classic Ponzi scheme” that defrauded investors out of $300 million. The SEC alleges that the scheme funneled substantial sums into Burkhalter’s lavish lifestyle, including the purchase of a yacht and a luxury condo.
Palin Wins New NYT Libel Trial in Appeals Court - USA Herald
WEBAug 28, 2024 · 1. 2. 3. In a pivotal ruling on Wednesday, Sarah Palin emerged victorious as the Second Circuit Court granted her a new trial in her defamation lawsuit against The New York Times. The appellate court determined that U.S. District Judge Jed S. Rakoff had unfairly influenced the verdict by improperly dismissing the case during jury deliberations.
TuSimple Settles Fraud Lawsuit for $189M Over Misleading Investors
WEBAug 28, 2024 · TuSimple settles fraud lawsuit. Self-driving trucking company TuSimple Holdings Inc. has agreed to pay $189 million to settle a class action lawsuit accusing it of misleading investors about its safety record and its relationship with a Chinese rival, which triggered U.S. government investigations. The settlement was disclosed in a filing ...