Michael P. Tremoglie News
SEC obtains TRO in alleged Ponzi scheme
WASHINGTON (Legal Newsline) - The Securities and Exchange Commission on Monday obtained a temporary restraining order and asset freeze against a Utah man and company it alleges operated a $100 million nationwide real estate-based Ponzi scheme.
DOJ alleges bribery scheme to open medical marijuana store
LOS ANGELES (Legal Newsline) - The FBI on Friday arrested the mayor of Cudahy, Calif., a member of the Cudahy City Council and the head of the City's Code Enforcement Division on federal bribery charges.
NLRB grants review for grad assistant issue; strong dissent issued
WASHINGTON (Legal Newsline) - The National Labor Relations Board has granted review in two cases to determine whether graduate student assistants should be considered employees covered by the National Labor Relations Act and be able to be represented by a union.
Member of movie piracy group pleads guilty
WASHINGTON (Legal Newsline) - A member of the Internet piracy group known as "IMAGiNE" pleaded guilty Friday to copyright infringement conspiracy.
ROUNDUP: Labor union corruption
WASHINGTON (Legal Newsline) - The U.S. Department of Labor's Office of Labor-Management Standards publishes its criminal enforcement actions each week. The following information was obtained from a May 2012 report.
SEC charges two N.J. firms with stock-lending scheme
WASHINGTON (Legal Newsline) - The Securities and Exchange Commission on Thursday charged a New Jersey businessman with running a stock-lending scheme.
SEC charges Fla. broker in astrology-based Ponzi scheme
WASHINGTON (Legal Newsline) - The Securities and Exchange Commission on Thursday charged a former Florida broker with defrauding investors in an astrology-based Ponzi scheme.
OSHA, NIOSH issue fracking health alert
WASHINGTON (Legal Newsline) - The Occupational Safety and Health Administration and the National Institute for Occupational Safety and Health issued a hazard alert Thursday about fracking worker safety.
U.S. SC rejects union's argument
Alito WASHINGTON (Legal Newsline) - The U.S. Supreme Court ruled 7-2 Thursday in favor of eight nonunion California state employees who said that an assessment the Service Employees International Union collected from them was unjust.
DOJ sues farm over citizenship verification requirements
von Spakovsky WASHINGTON (Legal Newsline) - Rose Acre Farms of Seymour, Ind., is being sued by the Justice Department.
Confidentiality clause ruled a labor violation
PHILADELPHIA (Legal Newsline) - The National Labor Relations Board says employment agreements written by Hyundai Rotem USA Corp. and Aerotek are in violation of labor laws.
OSHA orders whistleblowers rehired at Norfolk Southern
WASHINGTON (Legal Newsline) - The U.S. Department of Labor's Occupational Safety and Health Administration has determined that Norfolk Southern Railway Co. violated the whistleblower protection provisions of the Federal Railroad Safety Act.
Seventh Circuit: NCAA does not violate antitrust law
Flaum CHICAGO (Legal Newsline) - The United States Court of Appeals for the Seventh Circuit ruled Monday that rules by the National Collegiate Athletic Association concerning athletic scholarships do not violate the Sherman Antitrust Act.
Senators/doctors say EPA rules could cause unemployment, illness
Barrasso WASHINGTON (Legal Newsline) - Four U.S. Senators who are also physicians wrote President Barack Obama Monday urging him to halt the regulatory zeal of his Environmental Protection Agency.
U.S. SC sides with Ninth Circuit, rules against OT pay for salespeople
Alito WASHINGTON (Legal Newsline) - The U.S. Supreme Court ruled Monday 5-4 against pharmaceutical industry sales staff seeking to be paid overtime wages.
Former Goldman board member convicted of insider trading
Gupta NEW YORK (Legal Newsline) - Rajat Gupta, a former board member of Goldman Sachs, was convicted on four counts of insider trading Friday in federal court in Manhattan.
Exec pleads guilty to Greek bribe
WASHINGTON (Legal Newsline) - A former executive with the California-based valve company Control Components pleaded guilty Friday to violating the Foreign Corrupt Practices Act.
Stanford sentenced for fraud scheme
Stanford WASHINGTON (Legal Newsline) -- The Department of Justice says R. Allen Stanford, the former board of director's chairman of Stanford International Bank, was sentenced to a prison term of 110 years for orchestrating a 20-year investment fraud scheme in which he misappropriated $7 billion from SIB to finance his personal businesses.
SEC obtains judgment in $20M Ponzi scheme
SALT LAKE CITY, Utah (Legal Newsline) -- The Securities and Exchange Commission says the U. S. District Court for the District of Utah granted its motion for entry of final judgment against three people in a $20 million Ponzi scheme.
FTC shuts down telemarketing scam
WASHINGTON (Legal Newsline) -- The Federal Trade Commission has halted a telemarketing scam that allegedly deceived people trying to buy affordable health insurance into buying worthless medical discount plans.