7/24/2015 The U.S. Probation Office has recommended that the former owner of Peanut Corporation of America, Stewart Parnell, be sentenced to life in prison for allowing several shipments of peanuts from facilities infected with salmonella. The peanuts led to the deadliest food outbreak in U.S. history from 2008-2009, causing nine deaths and over 700 illnesses
On Friday, banking giant JP Morgan Chase agreed to a $388 million settlement to resolve a class-action lawsuit claiming that the company misled investors regarding the stability of $10 billion worth of mortgage-backed securities (MBS). The lead plaintiff in the case was the Fort Worth employees’ retirement fund, along with others including the Northern and Southern
7/19/2015 Former Congressman Michael Grimm (R-NY) was sentenced on Friday to eight months in prison and one year of supervised released in a Brooklyn federal court after pleading guilty to tax evasion. Apologizing in front of Judge Pamela Chen, Grimm pleaded for the judge to avoid prison; however Chen said that she was troubled by the
7/14/2015 A week after reaching a settlement agreement with six Occupy Wall Street Protesters for conduct that occurred in the early days of the 2011 protest; New York City agreed on Monday to give the Estate of Eric Garner $5.9 million. Garner was killed last July in Staten Island after being detained by police after
7/7/2015 New York City has agreed to pay six Occupy Wall Street protestors between $52,500 and $60,000 each, totaling $332,500 in a settlement over being illegally pepper sprayed by police in Manhattan’s Zuccotti Park. The incident happened in the early days of the original September, 2011 anti-inequality protest, when police Deputy Inspector, Anthony Bologna, was
7/3/2015 In a joint press conference, the attorneys general for Alabama, Florida, Louisiana, and Mississippi announced that it has agreed to settle the penalty phase regarding the Deepwater Horizon oil spill. The spill occurred on April 20th, 2010, when the aforementioned oil rig caught fire, killing 11 people and sent over 3 million barrels of
6/29/2015 After a historic week in which the U.S. Supreme Court ruled to legalize gay marriage, as well as delivering a decision that will likely entrench Obamacare as the law of the land, the Court handed President Obama a major defeat to his environmental agenda. On the last day of the Court’s session, it ruled
6/28/2015 Satellite Radio industry leader Sirius XM agreed on Friday to pay five record labels $210 million for the company’s use of pre-1972 recordings, potentially resolving a two-year legal battle in Los Angeles Superior Court. Due to federal copyrighting laws were not established for recordings until February 15th, 1972, separate from longstanding protections for songwriters,
6/26/2015 The U.S. Justice Department along with Michigan’s Attorney General’s office filed a lawsuit on Thursday, alleging that four Southern Michigan hospital systems violated antitrust laws by agreeing not to compete with each other. The civil suit was filed in U.S. District Court in Detroit, claiming that the hospitals conducted a “hands-off” marketing arrangement, with each
6/26/2015 Many beer drinkers may be shocked to find that their favorite “import” beer is actually brewed in the U.S., including popular brands like Stella Artois, Red Stripe, Foster’s, and Killian’s Irish Red, among others. In fact, many of these brands are brewed by the same companies that make Budweiser, Coors, and Miller. Among these