Showing posts with label Quote of the Day. Show all posts
Showing posts with label Quote of the Day. Show all posts

Friday, October 23, 2015

#1.5 in the ProbateShark.com hit parade (tied for 1st Place) Desperate Housewife Not Desperate Enough To Sleep With Attorney

Thursday, August 29, 2013

Desperate Housewife Not Desperate Enough To Sleep With Attorney

  • 28 Aug 2013 at 2:40 PM
  • Attorney Misconduct, Legal Ethics, Quote of the Day, Sex, Sex Scandals
  • Desperate Housewife Not Desperate Enough To Sleep With Attorney


    ‘Want my cookies?’
    [W]hat else would [Edward Bunstine] be wanting to do, having me come to my door naked?
    Ashley Holdren, a client who refused to oblige what she perceived to be her lawyer Ed Bunstine’s inappropriate suggestion for an alternative fee arrangement. Bunstine’s license to practice law was suspended for one year, six months stayed, for attempting to solicit sexual activity with a client.
    (Keep reading to see some of Bunstine’s more interesting defenses to the ethics charges filed against him by the Ohio Disciplinary Counsel.)

    Wednesday, February 18, 2015

    Judge Indicted For Allegedly Attacking, Screaming Racial Slur At Mentally Disabled Man

    21 Comments

    Judge Indicted For Allegedly Attacking, Screaming Racial Slur At Mentally Disabled Man

    Judge Bill Weisenberger
    Judge Bill Weisenberger
    Run, n*gger, run.
    – Judge Bill Weisenberger, in an alleged statement made to Eric Rivers, a mentally disabled black man, after allegedly striking Rivers in the head on May 8, 2014, at the Canton Flea Market in Mississippi. Weisenberger was released on a $10,000 bond, and faces up to five years in jail if convicted of the felony charge of simple assault on a vulnerable person.
    (Judge Wisenberger voluntarily stepped down from his post last summer, but is currently running for reelection.)

    Tuesday, December 23, 2014

    David Boies Is Fighting For Your Right To Watch Terrible Cinema

    David Boies Is Fighting For Your Right To Watch Terrible Cinema



    o-THE-INTERVIEW-TRAILER-facebookSony has been fighting to get this picture distributed. It will be distributed. How it’s going to be distributed, I don’t think anybody knows quite yet. But it’s going to be distributed. And what Sony has been trying to do is to get the picture out to the public. But, at the same time, be sure that the rights of its employees and the rights of the movie-going public are protected.
    David Boies on Meet the Press yesterday, explaining that his client Sony is going to make sure we all watch The Interview now that it’s our patriotic duty to watch lame pot jokes about North Korea.

    Tuesday, August 12, 2014

    Attorney Eloquently Describes All The Ways He Will Make You His Bitch

    11 Aug 2014 at 11:02 AM New Jersey, Quote of the Day, Reality TV, Stupid Lawyer Tricks, Television Attorney Eloquently Describes All The Ways He Will Make You His Bitch By Staci Zaretsky Jim Marchese I don’t fight. I think it’s stupid. I’m trained as an attorney. If I want to hurt you, I’m going to sue you. I’m going to leverage your house. I’m gonna give you three years of hell in a courtroom. I’m going to bleed dry you financially, and I’m going to humiliate you as I depose you for eight hours and make you my bitch. – Jim Marchese, husband to Amber Marchese (one of the newest cast members of the Real Housewives of New Jersey), explaining why he chose to avoid a fight with Joe Gorga, another Real Housewives husband, on the latest episode. (Marchese is a graduate of Seton Hall Law and was a whistleblower in the Cell Therapeutics case, which earned him $1.6 million. Marchese recently claimed to be involved in the bankruptcy fraud prosecution of Joe and Teresa Giudice, but a spokesperson for the U.S. Attorney’s Office for the District of New Jersey said “[n]o one involved with the prosecution has any idea who that man is.”) 4 Comments Print Tags: James Marchese, Jim Marchese, Joe Giudice, Joe Gorga, New Jersey, Quote of the Day, Real Housewives of New Jersey, Reality TV, RHONJ, Seton Hall Law School, Stupid Lawyer Tricks, Television, Teresa Giudice

    Friday, June 13, 2014

    Lawyer Keeps Documents In Fridge So Hundreds Of Cats Can’t Pee On Them

  • 12 Jun 2014 at 3:31 PM
  • Animal Law, California, Crime, Nauseating Things, Pets, Quote of the Day
  • Lawyer Keeps Documents In Fridge So Hundreds Of Cats Can’t Pee On Them


    When you have 100+ cats, your house is their litter box.
    I knew I was in the middle of an epidemic.
    Jan Van Dusen, an attorney accused of animal abuse whose home, where she kept more than one hundred feral cats, was raided by Animal Control officers. She admitted in court that her house “smelled like feces,” and also smelled like urine, “but not that much.”
    (The U.S. Tax Court previously allowed Van Dusen to deduct a small amount for her cat care expenses — but not the $12,000 she initially requested.)

    Thursday, March 13, 2014

    Judge Who Used Chambers For Sexual Rendezvous Seeks Reelection

  • 12 Mar 2014 at 3:12 PM
  • Attorney Misconduct, Legal Ethics, Quote of the Day, Sex, Sex Scandals, State Judges, State Judges Are Clowns
  • Judge Who Used Chambers For Sexual Rendezvous Seeks Reelection


    Judge Wade H. McCree
    That’s ridiculous. I don’t think the voters of Wayne County are going to put him back in office after what he did.
    – FOX2 legal analyst Charlie Langton, commenting on Judge Wade McCree’s application for re-election to his judicial post. Over the past two years, McCree made headlines for sending a shirtless selfie to a bailiff and having an affair with a litigant while presiding over her case. He was suspended without pay last year.

    Monday, January 27, 2014

    Cheerleader Proves To Be Less Than Cheertastic After Suing Her Team

  • 24 Jan 2014 at 3:59 PM
  • California, Football, Labor / Employment, Quote of the Day, Sports
  • Cheerleader Proves To Be Less Than Cheertastic After Suing Her Team


    I love the Raiders and I love being a Raiderette, but someone has to stand up for all of the women of the NFL who work so hard for the fans and the teams. I hope cheerleaders across the NFL will step forward to join me in demanding respect and fair compensation.
    – Lacy T., a cheerleader for the Oakland Raiders, commenting on her proposed wage-and-hour class action lawsuit against the team. Lacy alleges that when all cheer squad commitments are taken into consideration, including time spent rehearsing, performing, and appearing at required events, she makes $5 per hour, which is less than the California state minimum wage of $8 per hour.

    Monday, January 20, 2014

    Lawyer Makes Millions After Sleeping With His Paralegal. What Happened Next Is… Totally Believable.

  • 17 Jan 2014 at 2:53 PM
  • Attorney Misconduct, Crime, Drinking, Paralegals, Quote of the Day, Real Estate, Sex, Sex Scandals
  • Lawyer Makes Millions After Sleeping With His Paralegal. What Happened Next Is… Totally Believable.


    [T]he defendant’s practice basically consisted of him showing up at the office every now and again to do a closing and then leaving to go drinking or sleep with his paralegal. You can’t do $33 million in business in real estate closings if that’s what your practice consists of.
    – Rhode Island Assistant Attorney General Ron Gendron, commenting on former state Sen. Patrick Timothy McDonald’s conviction for conspiring with his paralegal and sometimes mistress, Kimberly Porter, to embezzle more than $160,000 from his real estate clients.

    Wednesday, December 11, 2013

    A Partner Accused Strikes Back

  • 10 Dec 2013 at 4:01 PM
  • Biglaw, Crime, Gay, Oral Sex / Blow Jobs, Partner Issues, Quote of the Day, Rape, Real Estate, Sex
  • A Partner Accused Strikes Back


    Stanley B. Stallworth
    The allegation is completely unfounded, and we look forward to defending vigorously Stan’s good name and reputation. Stan is a pillar of the community, and he has tirelessly worked on behalf of young people for the past 25 years.
    – The Stallworth family, in a statement issued to Am Law Daily regarding the sexual assault charges filed against Stanley Stallworth, a real estate partner in the Chicago office of Sidley Austin, and his nephew, Therrie Miller.
    (The full statement and additional commentary, after the jump.)

    Here is the rest of the statement from the Stallworth family:
    As a former teacher, current member of several nonprofit organizations focused on improving the circumstances of underserved youth and their families, and a major university scholarship donor, Stan remains undaunted in his commitment to improving society by creating more educational, cultural and social opportunities for underserved segments of his community. We are confident that justice will prevail and Stan can resume his normal life.
    When we first reported about the story on Friday, Sidley Austin informed us that Stallworth would be taking a leave from the firm so he could fight the charges. And it looks like he’s fighting them vigorously, if his choice of counsel says anything: Am Law reports that he has hired Henderson Adam, a well-known criminal defense boutique in Chicago that is led by former Holland & Knight partner Victor Henderson and local trial attorney Sam Adam Jr..
    Victor Henderson used to lead Holland & Knight’s Chicago office. Sam Adam Jr. received his law degree from the University of Wisconsin, which happens to be Stan Stallworth’s alma mater. Their firm, Henderson Adam, has grown to six attorneys since its founding in 2011.
    Sam Adam Jr., working together with his father, a prominent Chicago trial lawyer, has experience getting high-profile figures out of legal hot water:
    The father-and-son legal team represented disgraced Illinois Gov. Rod Blagojevich at his first corruption trial, which ended before a hung jury. The two Adams stepped back from the ex-governor’s defense in late 2010 after their client ran out of money to pay his legal fees. (Blagojevich is currently appealing his conviction on corruption charges at a second trial.)
    The duo also helped Chicago native and R&B singer R. Kelly win an acquittal on child pornography charges in 2008.
    If Adam’s good enough for R. Kelly, he’s good enough for S. Stallworth. There are some similarities between the cases: both involve rich and successful African-Americans accused of naughtiness involving young people.
    As noted in our earlier story, the Sidley sources we’ve heard from have expressed shock at the charges against Stan Stallworth. If you have information to share with us about the case or about Stallworth, feel free to email us or text us (646-820-8477). Thanks.
    Sidley Partner Hires Prominent Lawyer in Sex Assault Case [Am Law Daily via Morning Docket]
    Earlier: A Biglaw Partner In Big Trouble, Charged With Sexual Assault — Along With His Nephew

    Friday, November 8, 2013

    Lawyer Defends Client’s MBTA ‘Up-Skirt’ Photos, Claims They Should Be Protected by the First Amendment

    Lawyer Defends Client’s MBTA ‘Up-Skirt’ Photos, Claims They Should Be Protected by the First Amendment

    She said in public places like the T, people “cannot expect privacy.”

    By | Boston Daily |


    A lawyer representing an Andover man arrested in 2010 for allegedly taking photos up women’s skirts on the T argued this week that her client’s actions should be protected by the First Amendment.

    Attorney Michelle Menkin told Super Court judges on Monday that the law being used against Michael Robertson—the state’s “Peeping Tom” law—only applies to people being photographed unknowingly while nude or partially nude, in places like dressing rooms, and does not cover strangers in public settings that are clothed.
    In 2004, at the onset of technological advances where cell phones with portable cameras became more common, Massachusetts adopted a law to punish secret surveillance of a person who is nude or partially nude in areas where there is an expectation of privacy.
    Robertson, 31, was arrested three years ago after he was caught taking photos up a decoy police officer’s skirt, using his cell phone, on an MBTA Green Line trolley.
    Following his arrest, Robertson filed a motion to dismiss the charges of attempted electronic voyeurism for lack of probable clause, but his appeal was denied, so he decided to try and get the motion dismissed. Robert’s trial in local court is currently on hold, pending the outcome of the SJC hearing.
    Menken argued this week that the current law being used to charge Robertson can’t be the basis of a conviction because, “the statute, on its face, applied to Peeping Tom activity aggravated by the use of a recording device, and does not protect clothed people in public places.”
    In a court-filing, she wrote:
    …construing the statute so broadly as to encompass photography of clothed people in public venues would render it unconstitutionally overbroad…it would potentially punish artistic  and journalistic activities protected by the first amendment.
    “A person expects that the area under their clothing is private and protected against hostile intrusion … but if a clothed person is out in public  and reveals areas under their clothing, whether inadvertently or otherwise, to plain view, she or he no longer has an expectation of privacy,” Menkin said in court.
    In a counter argument, the Suffolk District Attorney’s Office said that there is an expectation that people should not being taking pictures up women’s skirts, despite the way the law is written, however. “A person has a reasonable expectation of privacy not to be so photographed while she rides the train … [and] that areas of her body that she does not expose to the public will not be photographed.”
    Prior to this case, Sen. Katherine Clark submitted legislation on Beacon Hill to refine the language of the law and make it less ambiguous. In her proposal, Clark recommended adjusting the wording in the current state law, so that it reflects technological changes such as the use of cameras on phones, and increases fines for those convicted of violating the law.
    Clark also wants to include the words “intimate area” to the state’s law, so that even body parts covered by clothing—like underwear—would be protected. That definition would cover “human genitals, buttocks, pubic area, or female breast below a point immediately above the tip of the areola, whether naked or covered by undergarments.” That legislation is pending, however.
    If Roberston’s appeal is denied, and he is convicted under the law, he could face up to two-and-a-half years in prison.

    Wednesday, September 11, 2013

    Judge Who Allegedly Had Sex In His Chambers With Younger Woman Gets Put In His Place

  • 10 Sep 2013 at 2:36 PM
  • Attorney Misconduct, Legal Ethics, Quote of the Day, Sex, Sex Scandals, State Judges, State Judges Are Clowns
  • Judge Who Allegedly Had Sex In His Chambers With Younger Woman Gets Put In His Place


    Judge Wade H. McCree
    I don’t agree with it, [but] I’m not surprised.
    Brian Einhorn, the lawyer representing Judge Wade McCree in his judicial misconduct case, commenting on the Michigan Judicial Tenure Commission’s recommendation that McCree be removed from the bench. Wade had been accused of sexting a shirtless photo of himself to a bailiff and having an affair with a litigant, sometimes using his chambers for sexual rendezvous.

    Friday, August 30, 2013

    Story of lawyer, prostitute helps win an acquittal

    Story of lawyer, prostitute helps win an acquittal


    Robert Gavi, Times Union

    Published 10:57 am, Wednesday, August 28, 2013


    Page 1 of 1
    Heard the one about the lawyer and the prostitute?
    Jurors heard it, too. Then they spared a two-time violent felon a potential life sentence when he was acquitted after less than three hours of deliberation.
    The one-liner in question was no joke, but rather part of attorney Cheryl Coleman's closing argument on behalf of her client, Raheem Hines, 35, of Albany, who was on trial last week for allegedly robbing a woman at knifepoint on Sept. 28, 2012 on the 200 block of North Pearl Street.
    With two prior felony convictions, Hines was staring at life behind bars because his third rap would make him a "persistent violent felon," making him a candidate for 25 years to life.
    Before the trial, Albany County prosecutors offered Hines a less-than-tempting plea bargain to resolve the case by serving 18 years to life. He rejected it.
    The alleged robbery victim said Hines put a knife to her neck around 1:40 a.m., demanded all her money and robbed her of $20. She said she suffered defensive knife wounds to fingers on her left hand. Albany police, following sporadic drops of blood along North Pearl Street, located Hines in the nearby Ida Yarbrough housing development with his hand wrapped. They arrested him and found a $20 bill on him.
    Easy case? Apparently not.
    Coleman argued the woman was no robbery victim, but a prostitute. She noted there was no blood on the $20 bill and said the reason was that her client never gave it to the woman. Coleman focused on the woman's testimony that she had $30 but Hines robbed her of only $20 of it.
    "What sense does that make?" Coleman told the jury before Judge Stephen Herrick. "What kind of robber only takes two-thirds of your money? Not even a lawyer does that. A lawyer takes one-third of your money. But who takes two-thirds? I mean, she said he said, 'Give me all your money.' What kind of robber leaves you with a third of it? What kind of robber leaves you with 10? The worst robber in the world? It makes no sense."
    Jurors got the case at 10:13 a.m. Friday. By 12:58 p.m., they had their verdict: Not guilty.
    The deliberations included time for lunch.
    Hudson's not happy
    Last week we focused on the case of convicted dog abuser Anthony Walker and that despite a five-year ban from owning pets, Walker is allowed to live in the same house as his mother's dog.
    Suffice to say, that news was not overwhelmingly popular with many readers — not the least of whom was one of his four-legged victims.
    The popular Facebook page for "Hudson the Railroad Puppy," one of the baby pit bulls who fell victim to Walker's abuse, posted an official statement after Law Beat reported Walker's unusual arrangement last week.
    The statement explained Hudson's owners initially knew Walker would be allowed to live with his mother's dog, Bella. But when Albany County District Attorney David Soares began touting the pet ban, which lasts the length of Walker's probation, they thought that arrangement had been avoided.
    "We were very excited and happy and thought something in the laws had changed that we didn't know about," Hudson's statement read. "Now to revert back to the original deal is just... Very Disappointing!!!! This monster scum should never be around an animal! EVER!!!!"
    The page, created by Hudson's owner, is "liked" by at least 2,800 Facebook users.
    Walker, 30, of Albany was sentenced by Judge Peter Lynch to six months in jail (time already served) and the five years probation for breaking Buster's Law, the state's felony animal cruelty statute.
    Walker abandoned Hudson and his sisters, Pearl and Carina, last September on train tracks on Pearl Street. Hudson now needs to wear a prosthesis after his paw was amputated. Pearl lost two of her toes. Carina did not survive.
    In January, Walker abandoned four more dogs, at least one starving and almost frozen to death, in a U-Haul trailer in Colonie.
    His plea deal covered both cases. Soares told reporters even if Walker got the top sentence of two years in jail he could have adopted an animal once he got out.
    He suggested the plea deal was a better option because it banned Walker from being around animals for five years.
    Just not the dog owned by his mother.
    rgavin@timesunion.com518-434-2403@RobertGavinTU

    Thursday, August 29, 2013

    Desperate Housewife Not Desperate Enough To Sleep With Attorney

  • 28 Aug 2013 at 2:40 PM
  • Attorney Misconduct, Legal Ethics, Quote of the Day, Sex, Sex Scandals
  • Desperate Housewife Not Desperate Enough To Sleep With Attorney


    ‘Want my cookies?’
    [W]hat else would [Edward Bunstine] be wanting to do, having me come to my door naked?
    Ashley Holdren, a client who refused to oblige what she perceived to be her lawyer Ed Bunstine’s inappropriate suggestion for an alternative fee arrangement. Bunstine’s license to practice law was suspended for one year, six months stayed, for attempting to solicit sexual activity with a client.
    (Keep reading to see some of Bunstine’s more interesting defenses to the ethics charges filed against him by the Ohio Disciplinary Counsel.)


    Friday, August 16, 2013

    Assistant U.S. Attorney In Trouble For Negative Comments About Trayvon Martin, Barack Obama

  • 15 Aug 2013 at 3:56 PM
  • Barack Obama, Facebook, Quote of the Day, Social Media, Social Networking Websites, Texas, U.S. Attorneys Offices
  • Assistant U.S. Attorney In Trouble For Negative Comments About Trayvon Martin, Barack Obama


    Trayvon Martin
    How are you fixed for Skittles and Arizona watermelon fruitcocktail (and maybe a bottle of Robitussin, too) in your neighborhood? I am fresh out of ‘purple drank.’ So, I may come by for a visit. In a rainstorm. In the middle of the night. In a hoodie. Don’t get upset or anything if you see me looking in your window… kay?
    – John Craft, an Assistant U.S. Attorney in the Eastern District of Texas, in comments referencing the Trayvon Martin case made on a Facebook page in response to a status update in support of Stand Your Ground laws. Craft separately referred to President Barack Obama as “the Dalibama” in another Facebook comment. John Malcolm Bales, U.S. Attorney for the Eastern District of Texas, criticized Craft’s comments, but declined to say whether Craft would face disciplinary action for his statements.

    Tuesday, August 6, 2013

    Sorry, But You Don’t Have A Job Because The Market Is Glutted With Baby Boomers

  • 05 Aug 2013 at 4:30 PM
  • Job Searches, Law Professors, Old People, Quote of the Day, Unemployment
  • Sorry, But You Don’t Have A Job Because The Market Is Glutted With Baby Boomers


    [T]here are those who argue that there have been permanent, structural changes to the legal market that will reduce the number of legal jobs, and there is no denying that law school tuition remains daunting. But the demographic factors suggest the real culprit in the law school graduates’ jobs dilemma of today may be the law school graduates of four decades ago.
    Robert Anderson, a professor at Pepperdine University School of Law, explaining how research shows that the large Baby Boomer bulge and the fact that lawyers are retiring later in life are likely both major contributors to the employment woes of recent law school graduates.

    Wednesday, July 24, 2013

    Alleged Adult Store Ankle-Biter Acquitted, But Was Witness Tampering Involved?

    Attorney Misconduct
    [L]et’s try to help the person, she obviously had a bad night, and we don’t need to continue to hurt her dignity about this issue. So let the court do what the court’s supposed to do, and please, we don’t need to have theatrics around this issue.
    – Alderman Tom Tunney of Chicago’s 44th Ward, in a voicemail message left for the owner of an adult sex shop about assistant state’s attorney Sarah Naughton, the “apparently intoxicated” prosecutrix who allegedly bit the leg of one of the porn purveyor’s employees, while the scandalous case was still pending.
    While Naughton was acquitted of all charges in April, Tunney was recently found to have abused his authority by attempting to “tamper with” a potential witness in Naughton’s criminal investigation.
    (Read on to hear Tunney’s message, and see footage of Naughton’s arrest.)
    double red triangle arrows Continue reading “Alleged Adult Store Ankle-Biter Acquitted, But Was Witness Tampering Involved?”

    Thursday, June 27, 2013

    The Awesome Aftermath of the West Orange Cease-and-Desist Letter That Went Viral Worldwide

  • 26 Jun 2013 at 1:50 PM
  • Fabulosity, New Jersey, Politics, Quote of the Day, Screw-Ups, Technology, Vicious Infighting
  • The Awesome Aftermath of the West Orange Cease-and-Desist Letter That Went Viral Worldwide


    What Mr. [Richard] Trenk did was so egregiously sloppy that I’m told his name is entering the legal lexicon: “To Trenk” means “to show a lackadaisical attitude toward the law, with catastrophic results for the client.” A usage example might be: “We were doing great until the lawyer missed the filing deadline and Trenked the whole case.”
    Jake Freivald, owner of the domain name westorange.info, in public comments made during last night’s West Orange Township Council meeting. Freivald received a cease-and-desist letter from Trenk, and Freivald’s lawyer, Stephen Kaplitt, responded with a snarky letter that went viral globally.
    (What else happened at the meeting? I attended, and it was a hot mess, jam-packed with shouting and even tears. Read on to get the juicy details….)

    When public comments were opened, residents of West Orange stepped up the podium, repeatedly, to denounce Richard Trenk’s actions taken on behalf of the town. One fellow noted that a friend of his, a lawyer from France, had called him about the cease-and-desist letter. He then went on to state that “this kind of behavior … is the MO of the town attorney.” He concluded by letting the Town Council know that he thought it was “time for Richard Trenk to hit the road.”
    Other townspeople used phrases like “national embarrassment” to describe the situation the Town Council had put West Orange into after attorney Stephen Kaplitt’s response to Trenk’s C&D letter went viral. Truth be told, the sh*t really hit the fan after Freivald delivered his comments.
    Here’s Council President Victor Cirilo defending Trenk’s cease-and-desist letter:


    My favorite outburst: “Where did you get your law degree? All of a sudden you’re an attorney?”
    The best part, hands down, was when Cirilo admitted that he wasn’t sure if Trenk’s “poorly researched [and] poorly written” letter had any legal basis or not, and was then asked why he was defending it publicly if that was the case. Shortly thereafter, Councilman Joe Krakoviak broke down in tears, telling the audience that it was the worst town council meeting he’d ever watched or been a part of.
    It was definitely a night to remember, and it’s probably fair to say that Richard Trenk won’t be getting his contract renewed as town attorney. Sorry, but sh*t happens when shoddy legal work goes viral.
    (Flip to the next page to see the epic response to Trenk’s cease-and-desist letter, in case you missed it last week — or want to enjoy it again….)

    Tuesday, June 25, 2013

    A Big House For A Big Man: A Raj Rajaratnam Ruling

  • Editor's note: “reckless disregard for the truth.” This is the credo of the Probate Court of Cook County.  Lucius Verenus, Schoolmaster, ProbateSharks.com
  • 24 Jun 2013 at 5:09 PM
  • 2nd Circuit, Crime, Hedge Funds / Private Equity, Insider Trading, Money, Quote of the Day, Wall Street
  • A Big House For A Big Man: A Raj Rajaratnam Ruling


    Raj Rajaratnam
    Rajaratnam’s arguments are not persuasive.
    – Judge José A. Cabranes, writing for a three-judge panel of the Second Circuit in upholding the insider trading convictions of former hedge fund manager Raj Rajaratnam. On appeal, Rajaratnam unsuccessfully argued that federal prosecutors obtained a wiretap warrant with a “reckless disregard for the truth.” Rajaratnam will serve the remainder of his 11-year sentence.
    (If you’re interested, continue reading for the Second Circuit’s opinion.)



    Rajaratnam Conviction Upheld by Appeals Court [DealBook / New York Times]

    Sunday, June 16, 2013

  • 14 Jun 2013 at 3:46 PM
  • Divorce Train Wrecks, Money, Quote of the Day

  • If You Ain’t No Punk, Holla ‘We Want Prenup,’ Right Rupert?


    If he doesn’t have a prenup, he would have to see a psychiatrist and not a lawyer.
    Raoul Felder, the high-profile divorce attorney to the stars, commenting on the high likelihood of there being an iron-clad prenuptial agreement between multi-billionaire Rupert Murdoch and his soon-to-be ex-wife, Wendi Deng.