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Calif. analyst pleads guilty in NY insider case
Press Release |
2013/11/08 15:17
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A California financial analyst has pleaded guilty in New York, admitting he provided insider tips to an SAC Capital portfolio manager.
Sandeep Aggarwal admitted Friday that he provided the tips to the SAC employee and others about a blockbuster deal between Microsoft Corp. and Yahoo Inc. Investigators say the information pertained to a secret, pending search engine advertising partnership between the companies.
Aggarwal has pleaded guilty to conspiracy to commit securities fraud and securities fraud in Manhattan in a cooperation deal. The 40-year-old was arrested in July in San Jose, Calif.
Authorities say they had wiretap evidence from 2009.
Aggarwal told a magistrate judge he provided the tips to boost his standing as an analyst. He says he is "extremely sorry." |
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Planned Parenthood Asks Supreme Court's Help In Texas
Press Release |
2013/11/04 14:36
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Planned Parenthood is asking the Supreme Court to place Texas' new abortion restrictions on hold.
The group says in a filing with the high court Monday that more than a third of the clinics in Texas have been forced to stop providing abortions since a court order allowed the new restrictions to take effect Friday.
Planned Parenthood says that the 5th U.S. Circuit Court of Appeals went too far in overruling a trial judge who blocked the law's provision that requires doctors who perform abortions in clinics to have admitting privileges at a nearby hospital.
The filing was addressed to Justice Antonin Scalia, who oversees emergency matters from Texas. |
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Medical marijuana case headed to ND Supreme Court
Press Release |
2013/10/23 11:57
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Two Dickinson residents who say that their prescriptions for medical marijuana from Washington state allowed them to have the drug in North Dakota have pleaded guilty to possession charges.
The conditional pleas from Brian Kuruc and his wife, Rebecca Larson, mean that they will be able to appeal to the state Supreme Court.
Kuruc and Larson were arrested in January at a Casselton motel. Their lawyers argued that the pot prescriptions should be a valid defense, even though North Dakota does not permit medicinal marijuana.
KFGO radio reports that Kuruc and Larson were sentenced Monday to the three days they've already served in jail. They also were fined a little less than $800 apiece, placed on probation for a year and ordered to turn over their marijuana prescription cards. |
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Justice's wheels slowed as shutdown hits courts
Press Release |
2013/10/14 13:55
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The government shutdown is slowing the wheels of justice in federal courts by delaying civil cases, forcing prosecutors to operate with skeleton staffs and raising uncertainty about the system's immediate future if the stalemate continues past Thursday.
That's when federal courts officials expect the reserve funds they have been using since the Oct. 1 start of the shutdown will run out.
Criminal cases, which are required by law to go to a speedy trial, are still moving ahead, as are most bankruptcy cases and appeals. Civil cases and those in immigration court, however, are feeling the greatest impact from the shutdown.
"The Constitution tells us what we have to do and we can't control our workload. It walks in the door, whether we're funded or not funded," said U.S. District Court Chief Judge Loretta Preska in New York, who has put all civil cases except those already in trial on hold at the request of the U.S. Attorney there.
She said the nearly 450 district court employees that serve the New York metro area will report to work to keep criminal cases on track even if funds run out. Officials at courts based in San Francisco, Philadelphia and St. Louis, Mo., also say their employees will work. |
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Soldiers in fatal stabbing due in Washington court
Press Release |
2013/10/11 11:07
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There may have been some "trash talk" between a car full of black soldiers and three white soldiers on foot, but race was not the main issue in the weekend stabbing death of a soldier near a large Army base in Washington, police and prosecutors said.
A key piece of evidence was found Monday when searchers located the knife in a wooded area of Tillicum, about 3 miles from Lakewood where the soldier was killed. Both communities are near Joint Base Lewis-McChord.
Three soldiers arrested for investigation of murder where scheduled to make their first court appearance Tuesday in Pierce County Superior Court.
Spc. Tevin Geike, 20, of Summerville, S.C., was walking with two other soldiers early Saturday when words were exchanged with someone in a car. The car stopped and five people confronted the three, police said.
The groups were separating after realizing they were all active duty soldiers when Geike was fatally stabbed.
Police had said a racial motive was under investigation _ and potentially a hate crime. However, both prosecutor Mark Lindquist and Lakewood Police Lt. Chris Lawler said there was no indication that there was racial hatred or that the men were seeking out people of a certain race to attack. |
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