Posted by Sydney Kpundeh. A disgruntled New Jersey father has brought products liability design defect and failure-to-warn claims against The New Jersey Port Authority Transit Corporation to recover for injuries arising out of a take-home asbestos exposure. The case’s premise surrounds the father’s daughter, who started to exhibit signs of mesothelioma, which he claims were a …
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Posted by Xiaoxie Zheng. Now, more and more countries are beginning to regulate bitcoin and other cryptocurrencies. In this essay, I’ll focus on bitcoin. Unlike the French currency, there is no national credit endorsement behind bitcoin, and no guarantee of legal significance. It is implemented by the rules set by a group of people. Here are the main …
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Posted by Giancarlo Barrera. First it was Target, Home Depot, and now, JPMorgan Chase. They are the next victim under cyber attack. Chase is the biggest bank by assets in the US. They are also the dominate bank in New York City, where the majority of banks’ cooperate headquarters are located . “JPMorgan Chase has …
Posted by Ahmed Alzahrani. In this article, the rapper DMX is accused of evading tax. The rapper pleaded not guilty to any of the charges against him. He was later released in prison after spending one day in jail; this was after he paid $500,000 bond. The persecutor asserts that Earl Simmons also known as …
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Posted by Ashley Scales. On February 22, 2018, Palantir was ordered to open their books to an investor who was seeking U.S. fraud probe. The judge ruled, “Data analytics and security company Palantir Technologies Inc. must open its books to early investor Marc Abramowitz.” Abramowitz wants to investigate possible fraud and misconduct at the esteemed …
Posted by Michael de Andrade. Volkswagen, one of the European auto giants, admitted to “installing defeat device software in 11 million cars.” These “defeat device software” lets carmakers to change performance settings of the engines before a pollution test. These software would not only switch the performance settings of an engine but also detect when “they …
Posted by Emanuel Sanfilippo. On Monday the 28th, Diane Backis, a corporate accountant in New York, admitted to stealing at least $3.1 million from Cargill Inc., an agricultural business giant. In doing so, Backis caused $25 million in losses to Cargill’s grain shipping operations at the Port of Albany according to the Associated Press. Diane Backis …
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Posted by Jessica Page. General Motors Co. has recently been in the news for its faulty ignition switches in over 2.6 million of the company’s Chevrolet Cobolts and other models that were recalled in 2014. The faulty ignition switches were found to “slip out of the run position and disable features including air bags.” This …
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Members of organized crime, drug dealers, and terrorists transact their “business” in cash to hide their tracks. As part of a scheme to launder money (make it look it was earned legitimately), criminals will deposit their ill-earned cash in bank accounts. In response, Congress passed the Bank Secrecy Act, requiring banks to assist the government in catching money …
Posted by Hongkun Ma. On Nov. 22nd, the ride-hailing app company Uber Technologies Inc. paid hackers $100,000 to conceal an incident that Uber revealed 57 million users’ personal information like names, phone numbers and addresses around the world. 600,000 Uber drivers’ license numbers also were released. Whether the incident violated state law is being investigated …
