Edition:
United States

Alison Frankel

Jeff Mason is a White House Correspondent for Reuters and the 2016-2017 president of the White House Correspondents’ Association. He was the lead Reuters correspondent for President Barack Obama's 2012 campaign and interviewed the president at the White House in 2015. Jeff has been based in Washington since 2008, when he covered the historic race between Obama, Hillary Clinton and John McCain. Jeff started his career in Frankfurt, Germany, where he covered the airline industry before moving to Brussels, Belgium, where he covered the European Union. He is a Colorado native, proud graduate of Northwestern University and former Fulbright scholar.

Twitter handle: @jeffmason1

Aug 15 2018

COLUMN-Tesla, Musk face SEC wrist slap at worst, experts say: Frankel

NEW YORK, Aug 15 Tesla CEO Elon Musk and the company itself may have little to fear from U.S. regulators according to legal analysts, despite Musk's failure so far to back up his early August tweet saying he had "funding secured" for his plan to take the electric car maker private.

Aug 14 2018

Employer’s attempt to derail lawyers overseeing mass of individual arbitration fails … this time

For employees and their lawyers, the battle over mandatory arbitration clauses is pretty much lost. Thanks to the U.S. Supreme Court’s pro-arbitration rulings, including last June’s Epic Systems v. Lewis (138 S.Ct. 1612), employers have nearly unfettered power to force workers into individual arbitration of their employment disputes.

Aug 13 2018

Elon Musk just made it easier for shareholders to sue Tesla for fraud

On Monday morning, six days after Tesla CEO Elon Musk tweeted that he was thinking about taking the company private at $420 a share, with “funding secured” for the transaction, Tesla published a blog post in which Musk clarified his tweet.

Aug 09 2018

From the 11th Circuit, a cautionary tale for employers imposing arbitration on workers

The U.S. Supreme Court’s ruling last term in Epic Systems v. Lewis (138 S.Ct. 1612) was a great victory for employers. In Epic, you’ll recall, the justices held, in a 5-4 opinion written by Justice Neil Gorsuch, that companies can require employees to waive the right to arbitrate as a group. In combination with Supreme Court precedent backing employers’ power to impose mandatory arbitration provisions to resolve disputes with their workers, the Epic opinion effectively means that companies can force workers to prosecute their claims alone, in a forum selected by the company.

Aug 08 2018

3rd Circuit rules banks can’t push clients out of FINRA arbitration, breaks with 2nd, 9th

In 2016, after two federal appellate courts upheld forum selection clauses requiring issuers of auction-rate securities to go to court with claims against underwriter Goldman Sachs, the Financial Industry Regulatory Authority felt compelled to issue a stern reminder to the banks and brokerages in its membership: When they run into disputes with customers, FINRA said, they’re supposed to use FINRA arbitration to resolve the issues. The industry self-regulator warned its members that their customers can’t sign away their FINRA arbitration rights in forum selection clauses – and insisted that banks and brokerages shouldn’t ask them to.

Aug 07 2018

Knight Institute demands Facebook amend its rules for journalists, researchers

The folks who sued to stop President Donald Trump from blocking Twitter critics have a new target: Facebook.

Aug 06 2018

Six global banks should face terror-funding claims by U.S. military vets - judge

A U.S. magistrate judge in Brooklyn has recommended that more than 200 former U.S. soldiers or their survivors be allowed to proceed with allegations that six global financial institutions – HSBC, Credit Suisse, Barclays, Standard Chartered, Royal Bank of Scotland and Commerzbank – conspired with Iran and its proxies to provide material support for terrorism against U.S. armed forces during the Iraq War.

Jul 27 2018

Judges to DOJ: Don’t overread Supreme Court’s ruling in Trump v. Hawaii

The U.S. Supreme Court’s June 26 decision in Trump v. Hawaii (138 S.Ct. 2392) was a colossal win for President Trump and his Department of Justice. The five justices in the Supreme Court majority upheld President Trump’s modified ban on travel to the U.S. from six predominantly Muslim countries. Under the extremely deferential standard of review for presidential national security decisions, the court held, President Trump had ample justification for the travel ban.

Jul 27 2018

Judge: Evidence ‘sparks suspicion’ of Wilbur Ross rationale for census citizenship inquiry

A 70-page ruling Thursday by U.S. District Judge Jesse Furman of Manhattan casts doubt on the rationale U.S. Commerce Secretary Wilbur Ross has offered for asking U.S. residents about their citizenship in the 2020 census.

Jul 25 2018

Ending epic debacle, Florida tobacco firms agree to pay $4.3 million sanction

The chief beneficiaries of sanctionable conduct by a pair of Florida plaintiffs' firms, the Wilner Firm and Farah & Farah, will end up being the firms’ co-counsel in a $100 million settlement of federal-court litigation by Florida smokers, under an order issued Monday by four federal district court judges in Jacksonville, Florida. As part of a global resolution of the sanctions issue and fee disputes, Wilner and the Farah firm agreed to cede more than $7 million in claimed attorneys’ fees to Motley Rice, Lieff Cabraser Heimann & Bernstein and two other plaintiffs' firms, reducing the payout to Wilner and Farah to only $4.3 million.

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