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High court won't hear appeal on mortgage ratings
Headline Legal News |
2015/11/03 09:36
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The Supreme Court won't hear an appeal from shareholders who claim the Standard & Poor's ratings firm made false statements about its ratings of risky mortgage investments that helped trigger the financial crisis.
The justices on Monday let stand a lower court ruling that threw out a lawsuit filed by the Boca Raton Firefighters & Police Pension Fund against S&P's parent company, McGraw-Hill.
A federal appeals court ruled 2-1 that statements about the integrity and credibility of S&P's credit ratings used routine, generic language that did not mislead investors.
The shareholders argued that false statements regarding a central aspect of the company's business were enough to violate federal securities laws.
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Woman charged in slayings of Connecticut couple due in court
Court Watch |
2015/11/03 09:36
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A Connecticut woman accused of conspiring with her boyfriend to kill his parents when they were considering cutting him out of their will is scheduled to make her first court appearance.
Jennifer Valiante of Westport is expected to be arraigned Monday in Bridgeport Superior Court on charges including conspiracy to commit murder and hindering prosecution. It's not clear if she has a lawyer.
Her boyfriend, 27-year-old Kyle Navin of Bridgeport, is facing murder charges in the slayings of his parents, Jeanette and Jeffrey Navin of Easton. His arraignment hasn't been set. His lawyer declined to comment.
The Navins disappeared Aug. 4 and their bodies were found Thursday in Weston.
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German court: former SS Auschwitz guard fit for trial
Press Release |
2015/11/02 09:37
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A German court says a 93-year-old former SS sergeant charged with 170,000 counts of accessory to murder on allegations he served as an Auschwitz death camp guard has been declared fit for trial.
The Detmold state court said Monday a doctor determined that Reinhold H., whose last name wasn't given for privacy reasons, is fit to stand trial so long as sessions are limited to two hours per day.
Defense attorneys and prosecutors now have two weeks to submit responses to the expert opinion. The court will then decide whether to open a trial.
H. is accused of being an accessory to murders at Auschwitz from January 1943 to June 1944. The suspect says he was assigned to a part of the camp not involved in the mass murders.
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High court rejects ex-stockbroker's appeal in fraud case
Legal Interview |
2015/11/01 09:37
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The Supreme Court turned away an appeal from a former Toronto stockbroker convicted in a multimillion-dollar securities fraud who says federal prosecutors should have turned over documents that might have helped his defense.
The justices Monday let stand an appeals court ruling that said prosecutors didn't have to share information about the drug use of a key witness against George Georgiou. The lower court sided with prosecutors who said defense lawyers could have discovered the publicly available records on their own.
Georgiou's lawyers said prosecutors had a duty to disclose the information if they were aware of it. Several former Justice Department officials backed his claim and urged the court to take the case.
Georgiou was convicted on charges of manipulating markets of four stocks, causing $55 million in losses.
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Supreme Court won't reinstate $250K award in police shooting
Court Watch |
2015/10/20 15:30
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The Supreme Court will not reinstate a $250,000 award to the father of a suspected marijuana user in Maryland who was killed by police in a middle-of the-night raid.
The justices on Monday left in place a court ruling that overturned the jury award in the death of Andrew Cornish in 2005. A SWAT team entered Cornish's apartment in Cambridge,
Maryland, at 4:30 a.m. with a search warrant to look for marijuana.
The jury found that police violated Cornish's constitutional rights by failing to "knock and announce" their presence before going inside.
A lawsuit filed by Andrew Kane over his son's death argued that Cornish was awakened by the intrusion, grabbed a knife for protection and was shot in the head seconds later.
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