The Youth Hiring Act

Posted by Jennie Neilsen. To loosen child-labor restrictions and to make it easier for minors to work without a permit, Arkansas enacted a new state law entitled the Youth Hiring Act. According to the article, this new law “ended a requirement that businesses must obtain a work permit from the Department of Labor and Licensing …

Former NFL Players Charged with Health Care Fraud

Posted by Michael Picariello. Former star Washington running back Clinton Portis, along with nine other former NFL players, have been charged with healthcare fraud after a $3.9 million scheme that involved the players submitting false claims to the NFL health program. The former athletes asked for reimbursements for around $40,000 to $50,000 for medical equipment …

FTX co-founder Nishad Singh pleads guilty to fraud charges.

Posted by Matthew Gegenfurtner. FTX co-founder and ex-engineering chief Nishad Singh pleaded guilty to six criminal fraud charges in Manhattan federal court. FTX was a cryptocurrency exchange that promotes the liquidity and transacting of coins and tokens. FTX allowed users to connect their wallets, place trades, exchange digital currencies, enter into derivative contracts, or buy …

SVBs Colossal Collapse

Posted by Hayden Keeperman. The recent collapse of Silicon Valley Bank has sent shockwaves through the tech and banking industry, highlighting the risks and uncertainties that come with investing in high-growth startups. The bank’s troubles began when it became overexposed to risky tech startups, leading to a surge in bad loans. As a result, regulators …

Vanessa Bryant v. Los Angeles County

Posted by Zaki Illyas. In September 2020, Vanessa Bryant sued Los Angeles county officials in a federal civil case following the death of her husband, Kobe Bryant, and daughter, Gianna. Ms. Bryant reached a nearly $29 million settlement in the case. Kobe Bryant and his daughter Gianna were on their way to a basketball tournament …

Gonzalez vs. Google Could Change the Internet Forever

Posted by Ethan Choi. On February 21, 2023, Gonzalez v. Google was heard in the United States Supreme Court, a case that can fundamentally change the internet forever. This case considers Section 230 of the Communications Decency Act, which acts as a shield that “protects [companies] from being held liable for third party content posted …

Elon Musk’s $50 Billion Dollar Pay Package Trial

Posted by Jacob Hummel.  Tesla CEO, Elon Musk, has made headlines again recently. This time for a legal dispute over a 2018 compensation package that would award Musk potentially upwards of $55 billion in Tesla stock. A Tesla stockholder, Richard J. Tornetta, is taking legal action in Delaware Court to invalidate the package. His lawyers …

Failed Bank Clients Risk ‘Draconian’ Fines if They Miss Payroll

Poted by Peter Smutelovic. The most talked about topic in past few days is the collapse of Silicon Valley Bank. Bank run just happened with Silicon Valley Bank. Bank runs happen because Bank does not actually have all your money. All banks do the same thing they take money from depositors and loan some of …