News

Former Jefferies & Co. trader Jesse Litvak urged a Connecticut federal judge on Friday to acquit him on the one count of securities fraud for which he was convicted by a jury last month, arguing the government’s win was rooted to a “flimsy reed” of evidence. Law360: (headline:(acquitted) OR summary:(acquitted))

Pennsylvania’s highest court said Tuesday it would not hear an appeal of a decision clearing a Clinton County newspaper of libel claims over allegedly defamatory characterizations of theft charges on which a former county commissioner was eventually acquitted. Law360: (headline:(acquitted) OR summary:(acquitted))

Four former JPMorgan Chase & Co. executives were acquitted Tuesday in Italian court of fraudulent bankruptcy charges connected to Italian dairy giant Parmalat SpA’s 2003 collapse amid a massive accounting scandal, according to media reports. Law360: (headline:(acquitted) OR summary:(acquitted))

The former CEO of Yara International, a fertilizer company whose largest shareholder is the Norwegian government, had his conviction for bribery of Indian and Libyan officials reversed by an appeals court jury in Oslo on Friday, according to published reports. Law360: (headline:(acquitted) OR summary:(acquitted))

The three landowners charged with fraud over a controversial land deal tied to Wynn Resorts Ltd.’s $ 1.6 billion casino resort project asked a Massachusetts federal judge to acquit them of two counts of the indictment, arguing the government has not provided sufficient evidence to support its claims. Law360: (headline:(acquitted) OR summary:(acquitted))

A London jury convicted a former Deutsche Bank executive and an accountant Monday tied to the so-called Tabernula insider trading ring but acquitted three others in the the largest and most complex insider dealing case ever brought by the Financial Conduct Authority. Law360: (headline:(acquitted) OR summary:(acquitted))

An attorney acquitted of rape who is appealing an Illinois federal judge’s dismissal of his suit against news site Gawker Media LLC over an article about his case seemed to convince at least one Seventh Circuit Court of Appeals judge he deserved a redo Tuesday. Law360: (headline:(acquitted) OR summary:(acquitted))

Former Warner Chilcott President Carl Reichel was acquitted by a federal jury in Boston on Friday morning on a charge that he participated in a sweeping scheme to bribe doctors with pricey meals and speaking fees. Law360: (headline:(acquitted) OR summary:(acquitted))

An Illinois federal judge said Wednesday he won’t acquit a Chicago doctor convicted of steering dozens of his elderly patients to one hospital in exchange for free labor from hospital staff, rejecting the doctor’s argument that the arrangement falls within an exemption to the Medicare/Medicaid anti-kickback statute. Law360: (headline:(acquitted) OR summary:(acquitted))

F. Lee Bailey, a former lawyer who helped get O.J. Simpson acquitted of murder and who was later disbarred on allegations of mishandling client funds, filed for Chapter 7 bankruptcy on Friday to discharge a $ 5.1 million tax judgment. Law360: (headline:(acquitted) OR summary:(acquitted))