A federal judge in Texas on Thursday ruled that President Joe Biden's plan to cancel hundreds of billions of dollars in student loan debt was unlawful and must be vacated, delivering a victory to conservative opponents of the program. U.S. District Judge Mark Pittman, an appointee of former Republican President Donald Trump in Fort Worth, ruled in a lawsuit backed by the Job Creators Network Foundation on behalf of two borrowers. The debt relief plan had already been temporarily blocked by the St. Louis-based 8th U.S. Circuit Court of Appeals while it considers a request by to enjoin it...…A federal judge in Texas on Thursday ruled that President Joe Biden's plan to cancel hundreds of billions of dollars in student loan debt was unlawful and must be vacated, delivering a victory to conservative opponents of the program. U.S. District Judge Mark Pittman, an appointee of former Republican President Donald Trump in Fort Worth, ruled in a lawsuit backed by the Job Creators Network Foundation on behalf of two borrowers. The debt relief plan had already been temporarily blocked by the St. Louis-based 8th U.S. Circuit Court of Appeals while it considers a request by to enjoin it...WW…

By , In a complaint filed in Boston federal court, the Department of Justice said Teva illegally paid two seemingly independent charitable foundations more than $300 million from 2006 to 2015 to cover co-payments of Copaxone patients, shielding them from a quadrupling of Copaxone’s price to $73,326 a year.The Justice Department said this led to hundreds of millions of dollars of false claims and a corresponding amount of revenue for the Israeli drugmaker, and circumvented Congress’ intent that co-payments help keep drug prices down.“Unbound by any market check on pricing due to its payment...…By , In a complaint filed in Boston federal court, the Department of Justice said Teva illegally paid two seemingly independent charitable foundations more than $300 million from 2006 to 2015 to cover co-payments of Copaxone patients, shielding them from a quadrupling of Copaxone’s price to $73,326 a year.The Justice Department said this led to hundreds of millions of dollars of false claims and a corresponding amount of revenue for the Israeli drugmaker, and circumvented Congress’ intent that co-payments help keep drug prices down.“Unbound by any market check on pricing due to its payment...WW…

Register now for FREE unlimited access to Reuters.comJune 30 (Reuters) - Judges in Florida and Kentucky on Thursday moved to block those states from enforcing bans or restrictions on abortion after the U.S. Supreme Court last week overturned the 1973 Roe v. Wade decision that had established a nationwide right to it.In Tallahassee, Florida, Circuit Court Judge John Cooper said he would grant a petition from abortion rights groups to temporarily put on hold a state law that would bar abortions after the 15th week of pregnancy.In Kentucky, Jefferson County Circuit Judge Mitch Perry issued a...…Register now for FREE unlimited access to Reuters.comJune 30 (Reuters) - Judges in Florida and Kentucky on Thursday moved to block those states from enforcing bans or restrictions on abortion after the U.S. Supreme Court last week overturned the 1973 Roe v. Wade decision that had established a nationwide right to it.In Tallahassee, Florida, Circuit Court Judge John Cooper said he would grant a petition from abortion rights groups to temporarily put on hold a state law that would bar abortions after the 15th week of pregnancy.In Kentucky, Jefferson County Circuit Judge Mitch Perry issued a...WW…

Register now for FREE unlimited access to Reuters.comBOSTON, April 15 (Reuters) - Massachusetts regulators on Thursday sought the revocation of Robinhood's broker-dealer license after charging that it encourages inexperienced investors to place risky trades without limits, while the online brokerage sued to invalidate a new rule underlying the case.Massachusetts Secretary of State Bill Galvin sought the revocation in a revised administrative case announced shortly after Robinhood sued in state court in Boston to challenge a fiduciary standard of conduct his office adopted last...…Register now for FREE unlimited access to Reuters.comBOSTON, April 15 (Reuters) - Massachusetts regulators on Thursday sought the revocation of Robinhood's broker-dealer license after charging that it encourages inexperienced investors to place risky trades without limits, while the online brokerage sued to invalidate a new rule underlying the case.Massachusetts Secretary of State Bill Galvin sought the revocation in a revised administrative case announced shortly after Robinhood sued in state court in Boston to challenge a fiduciary standard of conduct his office adopted last...WW…

By (Reuters) - The former co-chairman of a major New York law firm has been suspended from practicing law for two years after pleading guilty and spending time in prison over his role in the U.S. college admissions scandal.Gordon Caplan, who had been co-chairman at Willkie Farr & Gallagher, avoided disbarment despite his efforts to avoid “getting caught,” according to a Thursday decision by a New York appellate court imposing the suspension.The suspension is retroactive to November 2019, when Caplan was initially suspended after pleading guilty. His lawyer did not immediately respond to...…By (Reuters) - The former co-chairman of a major New York law firm has been suspended from practicing law for two years after pleading guilty and spending time in prison over his role in the U.S. college admissions scandal.Gordon Caplan, who had been co-chairman at Willkie Farr & Gallagher, avoided disbarment despite his efforts to avoid “getting caught,” according to a Thursday decision by a New York appellate court imposing the suspension.The suspension is retroactive to November 2019, when Caplan was initially suspended after pleading guilty. His lawyer did not immediately respond to...WW…

By , WASHINGTON (Reuters) - The U.S. Supreme Court on Saturday gave the green light for the extradition to Japan of an American father and son accused of helping former Nissan Motor Co Ltd Chairman Carlos Ghosn flee that country while awaiting trial on financial misconduct charges.In a brief order, Supreme Court Justice Stephen Breyer denied an emergency request by lawyers for U.S. Army Special Forces veteran Michael Taylor and his son, Peter Taylor, to put on hold a lower court order that cleared the way for them to be extradited.The Taylors’ lawyers in a late Thursday filing reiterated...…By , WASHINGTON (Reuters) - The U.S. Supreme Court on Saturday gave the green light for the extradition to Japan of an American father and son accused of helping former Nissan Motor Co Ltd Chairman Carlos Ghosn flee that country while awaiting trial on financial misconduct charges.In a brief order, Supreme Court Justice Stephen Breyer denied an emergency request by lawyers for U.S. Army Special Forces veteran Michael Taylor and his son, Peter Taylor, to put on hold a lower court order that cleared the way for them to be extradited.The Taylors’ lawyers in a late Thursday filing reiterated...WW…

By BOSTON (Reuters) - A professor at the Massachusetts Institute of Technology who specializes in nanotechnology research was arrested on U.S. charges that he failed to disclose his ties to the Chinese government when seeking federal grant money.Federal prosecutors in Boston on Thursday charged Gang Chen, a Chinese-born mechanical engineer and nanotechnologist, with defrauding the U.S. Department of Energy when seeking grants and failing to disclose a foreign bank account on a tax return.Following his arrest, the Federal Bureau of Investigation executed search warrants at his home in...…By BOSTON (Reuters) - A professor at the Massachusetts Institute of Technology who specializes in nanotechnology research was arrested on U.S. charges that he failed to disclose his ties to the Chinese government when seeking federal grant money.Federal prosecutors in Boston on Thursday charged Gang Chen, a Chinese-born mechanical engineer and nanotechnologist, with defrauding the U.S. Department of Energy when seeking grants and failing to disclose a foreign bank account on a tax return.Following his arrest, the Federal Bureau of Investigation executed search warrants at his home in...WW…

By BOSTON (Reuters) - A federal judge on Thursday ordered Massachusetts authorities to allow gun shops to reopen after the governor deemed them non-essential businesses that needed to close to slow the spread of the novel coronavirus.U.S. District Judge Douglas Woodlock in Boston ruled that the restrictions ordered by Republican Governor Charlie Baker in response to the pandemic imposed an “improper burden” on the constitutional rights of citizens seeking to possess firearms.Baker imposed the restrictions through executive orders issued beginning in mid-March that, like those adopted in...…By BOSTON (Reuters) - A federal judge on Thursday ordered Massachusetts authorities to allow gun shops to reopen after the governor deemed them non-essential businesses that needed to close to slow the spread of the novel coronavirus.U.S. District Judge Douglas Woodlock in Boston ruled that the restrictions ordered by Republican Governor Charlie Baker in response to the pandemic imposed an “improper burden” on the constitutional rights of citizens seeking to possess firearms.Baker imposed the restrictions through executive orders issued beginning in mid-March that, like those adopted in...WW…

By (Reuters) - With jury trials on hold throughout the United States because of the coronavirus pandemic, court officials in Texas are trying something new: let jurors hear a case through Zoom.Lawyers in an insurance dispute in Collin County District Court on Monday picked a jury to hear the case by videoconference, in what officials believe is the first virtual jury trial to be held nationally amid the COVID-19 crisis.More than two dozen potential jurors logged in by smartphone, laptop and tablet for jury selection, which was streamed live on YouTube , with a judge occasionally providing...…By (Reuters) - With jury trials on hold throughout the United States because of the coronavirus pandemic, court officials in Texas are trying something new: let jurors hear a case through Zoom.Lawyers in an insurance dispute in Collin County District Court on Monday picked a jury to hear the case by videoconference, in what officials believe is the first virtual jury trial to be held nationally amid the COVID-19 crisis.More than two dozen potential jurors logged in by smartphone, laptop and tablet for jury selection, which was streamed live on YouTube , with a judge occasionally providing...WW…

By , BOSTON/WASHINGTON (Reuters) - U.S. authorities on Wednesday arrested a former U.S. Army Special Forces soldier and another man in Massachusetts wanted by Japan on charges that they enabled the escape of former Nissan Motor Co boss Carlos Ghosn out of the country.Former U.S. Green Beret Michael Taylor, 59, and his son, Peter Taylor, 27, are accused by Japanese authorities of helping Ghosn last year flee to Lebanon to avoid trial over alleged financial wrongdoing.The U.S. Marshals Service arrested them in Harvard, Massachusetts, at the request of Japan, which in January issued arrest...…By , BOSTON/WASHINGTON (Reuters) - U.S. authorities on Wednesday arrested a former U.S. Army Special Forces soldier and another man in Massachusetts wanted by Japan on charges that they enabled the escape of former Nissan Motor Co boss Carlos Ghosn out of the country.Former U.S. Green Beret Michael Taylor, 59, and his son, Peter Taylor, 27, are accused by Japanese authorities of helping Ghosn last year flee to Lebanon to avoid trial over alleged financial wrongdoing.The U.S. Marshals Service arrested them in Harvard, Massachusetts, at the request of Japan, which in January issued arrest...WW…