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Govt: Galleon founder wanted edge in stock trading .
Legal Career News | 2011/03/14 16:00

The U.S. government claims a one-time billionaire wanted an edge in the trading of stocks for his hedge funds and was willing to break the law to get it.

The trial resumes Monday in Manhattan federal court for Galleon Group founder Raj Rajaratnam (rah-juh-RUHT'-nuhm.)

He's the only one of more than two dozen people charged in the insider trading crackdown to face trial. Nineteen have pleaded guilty.

The government alleges Rajaratnam earned more than $50 million illegally by trading on inside information since 2003.

His lawyer, John Dowd, says Rajaratnam had the best research in the business and did not need to trade illegally. Rajaratnam has pleaded not guilty to conspiracy and securities fraud charges.



Mississippi high court upholds price-gouging law
Legal Career News | 2011/03/11 19:36

The Mississippi Supreme Court has upheld the constitutionality of the state's price-gouging law.

The justices Thursday unanimously overturned a Winston County judge's ruling that the law was unconstitutionally vague.

Chancellor J. Max Kilpatrick's ruling came in 2008 as he rejected Attorney General Jim Hood's lawsuit accusing a Mississippi oil company of charging too much for fuel after Hurricane Katrina. Kilpatrick has since retired from the bench.

The Supreme Court sent the case back to Winston County to determine if Fair Oil Co. in Louisville violated the law.

Fair Oil was one of two companies Hood sued in 2007. The lawsuit, which represents only one side of a legal argument, accused the company of gouging consumers after Hurricane Katrina struck in 2005.



Supreme Court won't hear UW-Madison appeal
Legal Career News | 2011/03/08 16:51

The U.S. Supreme Court says it won't hear an appeal of a lower court decision to grant a Catholic student group funding from the University of Wisconsin-Madison.

The decision by the high court effectively ends UW-Madison's appeal process. The university has argued that its funding of Badger Catholic's religious activities is a violation of the First Amendment.

The 7th Circuit Court of Appeals disagreed in a 2-1 decision last September. The court ruled UW-Madison's refusal to fund the group's religious worship activities or materials constituted viewpoint discrimination by the university.

UW-Madison settled another lawsuit from the group in 2007 after refusing to pay for any of the group's activities.



Appeals court backs ruling on Ind. alcohol permits
Legal Career News | 2011/03/07 18:12

The Indiana Court of Appeals has upheld a lower court ruling that denied some retailers' claim that the Indiana Alcohol and Tobacco Commission was issued too many alcohol permits.

The Indianapolis Star reported Saturday that a three-judge appeal panel unanimously upheld a Marion Superior Court decision to allow the panel to continue granting alcohol sales permits.

The Indiana Association of Beverage Retailers, which represents package liquor stores, had sued the commission last year. It claimed the commission was issuing beer-sales permits above state-mandated quotas.

A Marion Superior Court judge denied the group's request to force the commission to change its permit distribution process until the lawsuit could go through the court system.



Disgraced Pa. judge wants convictions tossed
Legal Career News | 2011/03/04 10:44

A former Pennsylvania juvenile court judge convicted in a $1 million kickback scheme involving privately-owned juvenile detention centers wants his conviction on racketeering charges overturned.

Former Luzerne County Judge Mark Ciavarella (shiv-uh-REL'-uh) filed motions Friday asking a federal judge to toss his convictions on charges including racketeering and money laundering conspiracy.

Ciavarella was convicted last month of taking payments from the owner of two detention centers in a scheme involving another judge. The scandal prompted the state Supreme Court to toss thousands of juvenile convictions issued by Ciavarella, saying they were tainted.



Supreme Court: Anti-gay funeral picketers allowed
Legal Career News | 2011/03/03 17:01

The Supreme Court ruled Wednesday that a grieving father's pain over mocking protests at his Marine son's funeral must yield to First Amendment protections for free speech. All but one justice sided with a fundamentalist church that has stirred outrage with raucous demonstrations contending God is punishing the military for the nation's tolerance of homosexuality.

The 8-1 decision in favor of the Westboro Baptist Church of Topeka, Kan., was the latest in a line of court rulings that, as Chief Justice John Roberts said in his opinion for the court, protects "even hurtful speech on public issues to ensure that we do not stifle public debate."

The decision ended a lawsuit by Albert Snyder, who sued church members for the emotional pain they caused by showing up at his son Matthew's funeral. As they have at hundreds of other funerals, the Westboro members held signs with provocative messages, including "Thank God for dead soldiers," ''You're Going to Hell," ''God Hates the USA/Thank God for 9/11," and one that combined the U.S. Marine Corps motto, Semper Fi, with a slur against gay men.

Justice Samuel Alito, the lone dissenter, said Snyder wanted only to "bury his son in peace." Instead, Alito said, the protesters "brutally attacked" Matthew Snyder to attract public attention. "Our profound national commitment to free and open debate is not a license for the vicious verbal assault that occurred in this case," he said.



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