Category: Suits and Litigation (Civil)

The E.S.G. Fight Has Come to This: Bankers Suing Lawyers

The New York Times – Business:
Kentucky passed a law targeting banks and their climate policies. Bankers sued the attorney general. Whose definition of investment risk should prevail?
Judge Hears Final Arguments in Suit Over Musk’s Tesla Pay

The New York Times – Business:
Shareholders’ lawyers challenged the board’s contention that Elon Musk’s record-setting compensation was deserved and an effective tool of motivation.
PGA Tour Can Depose Saudi Wealth Fund’s Leader, Judge Rules

The New York Times – Sports:
The decision in a case involving the LIV Golf series could open a rare window into the operations of Saudi Arabia’s Public Investment Fund.
Top Banker Talked of Young Women With Jeffrey Epstein, Court Filing Says

The New York Times – Business:
Jes Staley, a former top executive at JPMorgan, is under scrutiny in a U.S. Virgin Islands case over his ties to the disgraced financier.
Fox Stars Privately Expressed Disbelief About Election Fraud Claims. ‘Crazy Stuff.’

The New York Times – Business:
The comments, by Tucker Carlson, Sean Hannity and others, were released as part of a defamation suit against Fox News by Dominion Voter Systems.
This Tool Could Protect Artists From A.I. Image Generators

The New York Times – Business:
Artists want to be able to post their work online without the fear “of feeding this monster” that could replace them.
How Sports Betting Upended the Economies of Native American Tribes

The New York Times – Sports:
Hard-fought deals for casinos gave many tribes a critical economic lifeline. When the doors opened to widespread sports betting, others wanted in on the gambling business.
FTX Inquiry Expands as Prosecutors Reach Out to Former Executives

The New York Times – Business:
Federal prosecutors in Manhattan are speaking with lawyers for former officials at the collapsed crypto exchange FTX and scrutinizing the immediate family of its founder, Sam Bankman-Fried.
Advisory Firm Sues Elon Musk’s Twitter, Saying It Hasn’t Been Paid

The New York Times – Business:
Innisfree M&A says Twitter, which Elon Musk bought last year, has not paid it $1.9 million for services it rendered for the deal.
Investor Lawsuit Against Elon Musk and Tesla Goes to a Jury

The New York Times – Business:
The case centers on whether investors lost money because they believed Mr. Musk’s social media posts about taking Tesla private in 2018.
Former High-Profile Lawyer Is Charged With Embezzling More Than $18 Million

The New York Times – Business:
Tom Girardi, who was part of the legal team representing the environmental activist Erin Brockovich, was indicted in two states on charges that he stole from clients, prosecutors said.
Judge Said to Allow Meta’s Deal for Virtual Reality Start-Up to Move Forward

The New York Times – Business:
The ruling, which is under seal, is a defeat for the Federal Trade Commission, which tried to block Meta’s deal with a rarely used antitrust argument.