“The founder of cryptocurrency exchange FTX is facing criminal and civil securities charges in connection with an alleged $1.8 billion fraud for touting FTX Trading as a safe platform for crypto asset trading while diverting investor money to his privately held hedge fund. FTX founder and CEO Samuel Bankman-Fried was Read more…
“A Florida woman has filed a federal lawsuit alleging that the Kraft Heinz Foods Co. misled consumers when it claimed that its Velveeta Shells & Cheese product is “ready in 3.5 minutes.” The Nov. 18 would-be class actionsays the 3.5 minutes represents the time to microwave the product, which is Read more…
“Lawyers often have to deal with an incredible amount of material and documents, spanning many rooms and filling countless boxes. What lawyers once did by hand, such as identifying privileged materials that should not be disclosed to the other side, can now be done with the help of sophisticated technology. Read more…
“Lawyers who copy their clients on emails and other forms of electronic communications when messaging a lawyer representing someone in the same matter have given implied consent to receiving a “reply all” response back from the recipient counsel, absent special circumstances, according to a new ethics opinion from the ABA. Read more…
“The U.S. Court of Appeals for the Federal Circuit has ruled that an artificial intelligence system can’t get a patent for two of its new inventions—a food container and a light beacon. The Federal Circuit ruled Aug. 5 that only humans can get a patent, report Reuters and Bloomberg Law. The court based its Read more…
“Lawyers may hold cryptocurrency in escrow for clients, but they must have technical competence and safeguard against losses, according to an Ohio ethics opinion. The Ohio Board of Professional Conduct issued the Aug. 5 opinion in response to a query by a lawyer with an international transactional law practice. Many of the Read more…
“In recent years, concerns have arisen over whether attorneys have failed to exercise due diligence in ensuring their clients are not engaged in money laundering. Those concerns escalate when the money laundering may be tied to the financing of terrorism-related activities. The Financial Action Task Force, an international entity that Read more…
“The New York state court system has fired 103 employees and banned four judges from courthouses for refusing to comply with a COVID-19 vaccine mandate. One of the four judges is Judge Jenny Rivera of the New York Court of Appeals, the state’s top court, courts spokesperson Lucian Chalfen confirmed Read more…
“A Florida judge on Friday appeared reluctant to allow jurors to wear virtual reality goggles that illustrate the findings of an expert witness for the defense in an attempted murder case. Judge Ernest A. Kollra Jr. of the 17th Judicial Circuit in Broward County, Florida, expressed concern that jurors would see different Read more…
“The Biden administration’s workplace vaccine mandate was scheduled to take effect Jan. 10. Pursuant to the Occupational Safety and Health Administration’s Emergency Temporary Standard, employees at businesses with more than 100 workers must be fully vaccinated or submit to masking and weekly testing. But on Nov. 6, the New Orleans-based Read more…