JPMorgan Chase has agreed to pay $75 million to the U.S. Virgin Islands (USVI) to resolve a lawsuit over the role the bank allegedly played in Jeffrey Epstein’s sex trafficking scheme. The settlement includes $30 million to support local charities, $25 million to strengthen law enforcement to combat human trafficking, …
Read More »US Government, States File Lawsuit Against Amazon for Monopolistic Practices
The U.S. government, along with 17 states, is suing e-commerce behemoth Amazon for maintaining an alleged monopoly which they claim has resulted in lower product quality and inflated prices. The Federal Trade Commission (FTC), on behalf of the government, alleges that Amazon’s initiatives prevent rivals as well as sellers on …
Read More »Judge Rules Trump Liable for Fraud in New York Civil Lawsuit
A New York state judge ruled that former President Donald Trump and his company are liable for fraud in a lawsuit that was brought by the New York Attorney General’s office. Judge Arthur Engoron, issuing a ruling Tuesday in a civil lawsuit brought by Attorney General Letitia James, found that …
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