The US Federal Reserve fined French bank Societe Generale USD $81.3 million on Monday after the bank violated US sanctions against Cuba. According to the Federal Reserve: The Bank lacked adequate transparency, risk management, and legal and compliance review policies and procedures to ensure that activities conducted at offices outside of the United States, primarily though the [...]
Peru’s Ministry of Foreign Affairs released a statement on Sunday confirming that the former president Alan García requested political asylum in the Uruguayan embassy just hours after a judge prohibited him from leaving the country. Garcia allegedly accepted bribes from Odebrecht, a Brazilian construction company, in exchange for government contracts to build the Metro Line [...]
The Constitutional Court of South Africa ruled Monday that a law that criminalized failure to give notice to a municipality of a gathering of more than 15 people is unconstitutional. The court found that the law violated the guarantee of Section 17 of the Constitution that “veryone has the right, peacefully and unarmed, to assemble, to [...]
The US Court of Appeals for the Second Circuit affirmed Monday the district court judgement that Barclays is not liable to investors who bought in shortly before the 2008 financial collapse. A series of investors brought the case against Barclays as a class action suit in 2017 alleging that Barclays had a duty to disclose [...]
The US Department of Agriculture (USDA) and the Food and Drug Administration (FDA) on Friday announced the commencement of production of lab-grown meat in the US. “The Agencies are today announcing agreement on a joint regulatory framework,” sais the release, “wherein FDA oversees cell collection, cell banks, and cell growth and differentiation. A transition from [...]
Florida Attorney General Pam Bondi on Friday amended an opioids lawsuit adding Walgreens and CVS as defendants, alleging that both companies participated in creating an illegitimate demand for opioids while “unlawfully increasing the supply of opioids to meet that demand.” The lawsuit alleges that along with the other defendants, Walgreens and CVS collaborated in “unconscionable [...]
On October 24, 2018, New York Attorney General Barbara Underwood sued Exxon for defrauding investors about the business risks of climate change. Of course, Exxon will probably deny that it committed fraud. But, in anticipation of this day, the oil giant has spent the last two years preparing a far more insidious legal defense: that its fraud is actually protected [...]
The Supreme Court of Wisconsin ruled Friday that GPS trackers are not subject to state statutes on the execution of warrants. The majority found that Wisconsin Stat § 968.15 and 968.17(1), which require that any warrant for the search and seizure of property be conducted within five days of issuance and be returned to the [...]
Human Rights Watch (HRW) reported on Sunday that Egyptian police and National Security Agency (NSA) have arrested more than 40 human rights activists, lawyers and political activists since late October. As many as 80 people may have been arrested, but so far only 40 names were able to be verified by HRW. No arrest warrants [...]
The Venezuelan justice department in-exile sent a “red notice” to INTERPOL requesting the arrest of President Nicolás Maduro and a sentence of at least 18 years, three months in prison. The notice came with annexes including a physical description of Maduro and a statement of charges. The Supreme Tribunal of Justice in Venezuela in exile [...]
