Twitter’s fight with Elon Musk to enforce his $44 billion deal to buy the social media platform could attract scrutiny from the US securities regulator over whether Musk has misled the market during the course of the deal. Twitter on Tuesday asked a Delaware court to order the Tesla boss and world’s richest person to complete the merger, setting in motion what promises to […]
Read MoreCrooked DEA Agent Sold Intel to Defense Attorneys, Feds Say…..
….In a statement emailed Friday to The Daily Beast, Costanzo’s lawyer, Marc Mukasey, said, “John Costanzo is a decorated DEA agent who risks his life every day to protect vulnerable communities and children from the scourge of illegal drugs. The theory of this case is misguided and he will be vindicated.”
Read MoreBob Frenchman Quoted in US News on Twitter Bots
(Reuters) – Elon Musk may find a way to prove his claim that spam accounts on Twitter Inc’s platform are significantly higher than the social media company has estimated, but showing that he and investors were misled will be difficult, legal experts say. Musk tweeted on Tuesday that his $44 billion deal to acquire Twitter […]
Read MoreBob Frenchman Quoted in Reuters on Racketeering
NEW YORK/WASHINGTON (Reuters) -U.S. prosecutors are exploring whether they can use a federal law originally enacted to take down the mafia, in a sprawling probe of hedge funds and research firms that bet against stocks, according to two sources familiar with the situation. The Justice Department last year issued subpoenas to dozens of firms, including […]
Read MoreMarc Mukasey Featured In The New York Law Journal, Mukasey, Cahill Attorneys Repping Nikola Founder in SDNY Criminal Fraud Case
Nikola Corp. founder Trevor Milton has hired New York attorneys Marc Mukasey, Bradley Bondi and Nola Heller as defense counsel in a criminal case accusing the electric vehicle start-up’s former chair of lying about the company’s technology in order to boost stock sales. Milton, who surrendered to authorities Thursday morning,… View Article
Read MoreBob Frenchman Quoted in Reuters on Robinhood
WASHINGTON, June 30 (Reuters) – Wall Street’s industry regulator fined Robinhood Financial LLC $70 million on Wednesday for “systemic” failures, including systems outages, providing “false or misleading” information, and weak options trading controls, saying those factors combined harmed millions of the app’s customers. The Financial Industry Regulatory Authority (FINRA) fine is the latest hit to […]
Read MoreMarc Mukasey Featured in The Harvard Crimson, Lieber Prepares for Impending Trial on Federal Charges As He Battles Incurable Cancer
BY ANDY Z. WANG Attorneys defending former Chemistry department chair Charles M. Lieber, who was charged with lying to federal authorities examining his ties to China, said during a status conference last month that Lieber’s cancer diagnosis and deteriorating health call for an expedient trial. As the trial looms, legal experts spoke with The Crimson about […]
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Bob Frenchman Quoted in Bloomberg on Robinhood
Investors who sued online brokerages over claims they were unfairly blocked from trading shares of high-flying stocks like GameStop Corp. may have a long wait before their cases are resolved. So far, at least 18 lawsuits have been filed against Robinhood Markets in California, Connecticut, Florida, Illinois, New Jersey, Oregon, Pennsylvania and Texas, mostly alleging restrictions by the trading […]
Read MoreBob Frenchman Quoted in Reuters on GameStop
WASHINGTON (Reuters) – The U.S. Securities and Exchange Commission (SEC) is looking at every aspect of and parties involved in the “Reddit rally” of GameStop Corp and other stocks, said two people familiar with the matter, suggesting a swath of industry participants may be swept up in the regulator’s review of the trading frenzy. The […]
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