Chris Dolmetsch
@ChrisDolmetsch
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Bloomberg News legal reporter, covering New York courts. Not a cat. Boognish/Icculus aficionado, Blue Hen, Metuchenite. RTs /= endorsements. Opinions mine.
Metuchen, NJ
Joined November 2012
Charlie Javice was found guilty of defrauding JPMorgan in its $175 million acquisition of her student-finance startup, Frank https://t.co/5PKnUlmwTD via @business with @bobvanvoris and @lujazper #law
bloomberg.com
Charlie Javice was found guilty of defrauding JPMorgan Chase & Co. in its $175 million acquisition of her student-finance startup, Frank, following a six-week trial.
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A former strip mall mogul was sentenced to five years in prison for orchestrating a fake WeWork takeover bid to profit from stock options he bought just before the company’s November 2023 bankruptcy filing https://t.co/ukZIUxHUml via @business #law
bloomberg.com
A former strip mall mogul was sentenced to five years in prison for orchestrating a fake WeWork Inc. takeover bid to profit from stock options he bought just before the company’s November 2023...
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Jane Street and Millennium agreed to settle a legal dispute over two former traders’ alleged theft of a secret billion-dollar India options trading strategy
bloomberg.com
Jane Street Group and Millennium Management agreed to settle a lawsuit over the alleged theft of a secret billion-dollar India options trading strategy, effectively ending a court battle that...
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A judge blocked the planned $8.5 billion acquisition by Coach handbag maker Tapestry of rival Capri Holdings https://t.co/fndBzmkqnK via @business @bobvanvoris @yiqinsh #law #antitrust
bloomberg.com
Shares of Capri Holdings Ltd. plunged Friday morning after a federal judge on Thursday blocked the company’s planned $8.5 billion acquisition by Tapestry Inc., maker of Coach and Kate Spade handbags.
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A strip mall mogul was found guilty in New York of orchestrating a fake $77 million tender offer for WeWork in the days before the company filed for bankruptcy in November 2023 https://t.co/OZJPWKamMX via @business #law
bloomberg.com
A strip mall mogul was found guilty in New York of orchestrating a fake $77 million tender offer for WeWork Inc. to profit from stock options he bought in the days before the company filed for...
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Feels like that happened fast. Real estate mogul Jonathan Larmore convicted of fraud related to WeWork tender offer. https://t.co/VJWGTTca71 see also my earlier story on the rise and fall of a strip mall tycoon https://t.co/p64HQxClHC
bloomberg.com
Arciterra seemed to offer strong returns in a sleepy niche. Then the business, and its excess-prone founder, began to unravel.
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An investor in the company that took Donald Trump’s social media startup public will serve 22 months for trading on confidential information about the firm’s merger plans before the deal was announced. https://t.co/UJCv2hiTlP via @technology #law
bloomberg.com
An investor in the company that took Donald Trump’s social media startup public will serve 22 months for trading on confidential information about the firm’s merger plans before the deal was announ...
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Former C-Quest CEO Kenneth Newcombe was accused by federal prosecutors of reporting fraudulent emissions-reduction information as part of a illegally scheme to obtain millions of carbon credit https://t.co/eV9uui4uKC via @business #law
bloomberg.com
A pioneer in developing carbon offsets was accused by federal prosecutors of faking emissions-reduction data as part of a scheme to obtain millions of carbon credits and secure more than $100 million...
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FanDuel was sued by a former Jacksonville Jaguars executive who admitted to stealing more than $22 million from the team, but says the website knew he was an addicted gambler https://t.co/0vc5R81xkR via @business #law
bloomberg.com
FanDuel Inc. was sued by a former Jacksonville Jaguars executive who admitted to stealing more than $22 million from the team, but says the website knew he was an addicted gambler and offered him...
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Netflix was accused by an Indian filmmaker of copying his 2009 movie for its popular Squid Game series
bloomberg.com
Netflix Inc. was accused by an Indian filmmaker of copying his 2009 movie for its popular Squid Game series as the company prepares to release the second season of the show later this year.
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Former FTX executive Ryan Salame’s domestic partner was charged with campaign finance violations Thursday, a day after Salame asked a judge to vacate his conviction or block her indictment. https://t.co/Zm6FulzSla via @technology #law w/ @avabmorrison
bloomberg.com
Former FTX executive Ryan Salame’s domestic partner was charged with campaign finance violations Thursday, a day after Salame asked a judge to vacate his conviction or block her indictment.
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Chris Morvillo, who successfully defended British tech tycoon Mike Lynch in a criminal trial, was among those killed in the sinking of a luxury yacht. Morvillo was 59
bloomberg.com
Chris Morvillo, a partner at law firm Clifford Chance in New York who successfully defended British tech tycoon Mike Lynch in a criminal trial that ended in June, was among those killed in the...
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Former FTX executive Ryan Salame asks judge to vacate his conviction or block any indictment against his partner Michelle Bond, claiming prosecutors assured him she’d be spared if he pleaded guilty. Govt says that’s completely false. https://t.co/gvz4RI6WiL w/ @ChrisDolmetsch
bloomberg.com
Former FTX executive Ryan Salame has asked a US judge to either vacate his conviction or block any indictment of his girlfriend, alleging prosecutors reneged on a deal to stop investigating her if he...
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A former RBS Securities trader who pleaded guilty in a decade-old crackdown on questionable bond sales was spared further punishment by a federal judge
bloomberg.com
A former RBS Securities Inc. trader who pleaded guilty in a decade-old crackdown on questionable bond sales was spared further punishment by a federal judge, providing a quiet bookend to a prosecut...
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Ripple Labs was ordered by a federal judge to pay a civil penalty of $125 million for selling its XRP token to institutional investors https://t.co/9VJQKQGGnC via @crypto @ChrisDolmetsch
bloomberg.com
Ripple Labs Inc. was ordered by a federal judge to pay a civil penalty of $125 million for improperly selling its XRP token to institutional investors, a fraction of what US regulators had sought in...
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Fox, Warner Bros. Discovery and Walt Disney should be barred from forming a joint sports streaming service because it would force consumers to pay higher prices to watch live events, FuboTV told a federal judge. @simplyavalon reports https://t.co/eEH9eUJDMM
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If FuboTV has its way, Venu would be a no-go. The alliance with Fox, Warner Bros. Discovery and Walt Disney to form Venu Sports has broad implications for the pay-TV business https://t.co/sMjgAzPhMa
@ChrisDolmetsch #fubotv #streaming #venu #sports
bloomberg.com
The streaming sports service FuboTV Inc. came out swinging in a Manhattan courtroom in its fight to block Fox Corp., Warner Bros. Discovery Inc. and Walt Disney Co. from launching a joint platform it...
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A broker at a unit of interdealer brokerage TP ICAP Group sued her employer and Citigroup alleging both firms failed to protect her from a trader at the Wall Street bank who she claims harassed her for years. https://t.co/rj3IxhRcj6 via @bbgequality @avabmorrison @sridinats #law
bloomberg.com
A broker at a unit of interdealer brokerage TP ICAP Group Plc sued her employer and Citigroup Inc. alleging both firms failed to protect her from a trader at the Wall Street bank who she claims...
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The US accused short-seller Andrew Left of securities fraud as a probe of relationships between hedge funds and skeptical researchers continues, @Tschoenberg22 reports https://t.co/rZN6tkpISo via @markets #law
bloomberg.com
US authorities accused famed short-seller Andrew Left of committing fraud through stock trades, social media posts and research reports — their biggest move yet in a yearslong crackdown against...
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The US Supreme Court curbed the SEC's ability to press complaints before in-house judges, saying defendants have a constitutional right to make their case to a federal jury when the agency seeks financial penalties https://t.co/6J9KqbZEEP via @markets @GregStohr #law #scotus
bloomberg.com
The US Supreme Court curbed the Securities and Exchange Commission’s ability to press complaints before in-house judges, saying defendants have a constitutional right to make their case to a federal...
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