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Calif. analyst pleads guilty in NY insider case
Legal Business |
2013/11/08 14:44
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A California financial analyst has pleaded guilty in New York, admitting he provided insider tips to an SAC Capital portfolio manager.
Sandeep Aggarwal admitted Friday that he provided the tips to the SAC employee and others about a blockbuster deal between Microsoft Corp. and Yahoo Inc. Investigators say the information pertained to a secret, pending search engine advertising partnership between the companies.
Aggarwal has pleaded guilty to conspiracy to commit securities fraud and securities fraud in Manhattan in a cooperation deal. The 40-year-old was arrested in July in San Jose, Calif.
Authorities say they had wiretap evidence from 2009.
Aggarwal told a magistrate judge he provided the tips to boost his standing as an analyst. He says he is "extremely sorry." |
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Planned Parenthood Asks Supreme Court's Help In Texas
Court News |
2013/11/04 13:34
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Planned Parenthood is asking the Supreme Court to place Texas' new abortion restrictions on hold.
The group says in a filing with the high court Monday that more than a third of the clinics in Texas have been forced to stop providing abortions since a court order allowed the new restrictions to take effect Friday.
Planned Parenthood says that the 5th U.S. Circuit Court of Appeals went too far in overruling a trial judge who blocked the law's provision that requires doctors who perform abortions in clinics to have admitting privileges at a nearby hospital.
The filing was addressed to Justice Antonin Scalia, who oversees emergency matters from Texas. |
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Court-martial date set in Naval Academy case
Headline Legal News |
2013/11/04 13:34
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A court-martial has been scheduled for February for a U.S. Naval Academy student accused of aggravated sexual assault.
Midshipman Josh Tate appeared at an arraignment Monday at the Washington Navy Yard.
The court-martial is scheduled to begin Feb. 10. The case stems from an April 2012 party at an off-campus house in Annapolis. The alleged victim had been drinking heavily and has testified that she cannot remember having sex with Tate.
Another student also faces a separate court-martial in the case. It is scheduled for Jan. 27. Midshipman Eric Graham is charged with abusive sexual contact.
If you are facing trial by court-martial, you also have the right to hire an experienced civilian defense attorney to represent and defend you. It is your career and future that is at stake and it is important that you have an experienced attorney who will advocate aggressively on your behalf. Please contact Las Vegas Military Defense Attorneys. |
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Ride Operator Due in Court Over NC Fair Injuries
Court News |
2013/10/29 11:54
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A ride operator is due in court Monday to face criminal charges after five people were injured at the North Carolina State Fair.
Ride operator Timothy Dwayne Tutterrow, 46, of Quitman, Ga., faces three criminal counts of assault with a deadly weapon in the mishap. Tutterrow was being held in jail Sunday on $225,000 bond and due in court Monday for a first appearance. His attorney says he's devastated.
Three people injured on the ride were in a Raleigh hospital on Sunday. On Thursday, the "Vortex" ride suddenly jolted into gear as people were exiting, dropping some riders from heights that eyewitnesses estimated to be 20 or 30 feet.
Wake County Sheriff Donnie Harrison said investigators determined the Vortex had been tampered with and critical safety devices were compromised. |
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Appeals court rejects secret Delaware arbitration
Headline Legal News |
2013/10/25 15:20
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A federal appeals court has upheld a ruling declaring that a Delaware law allowing chancery judges to oversee secret arbitration in high-stakes business disputes is unconstitutional.
A three-judge panel of the Third U.S. Circuit Court of Appeals ruled 2-to-1 Wednesday to uphold a federal judge's ruling in favor of the Delaware Coalition for Open Government, which challenged the law.
DelCOG, backed by The Associated Press, The New York Times and several other major news organizations, claimed in its lawsuit that the secret arbitration conducted by Delaware's Chancery Court violated the First Amendment rights of citizens to attend judicial proceedings and access court records.
Attorneys for the state argued that secret arbitration made the Chancery Court more efficient and generated revenue for Delaware, corporate home to thousands of companies.
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