Law

Lipkin Pleaded Guilty For Ponzi Fraud

Lipkin Pleaded Guilty For Ponzi FraudOn Monday, a former employee of Bernard L. Madoff Investment Securities LLC, Eric Lipkin has pleaded guilty for involvement in the Ponzi fraud. The fraud became public in December 2008 with the arrest of Lipkin, who is facing the jail sentence of 70 years.

Winklevoss twins to take Facebook case to Supreme Court

Mark ZuckerbergAfter losing several rounds in lower courts, Cameron and Tyler Winklevoss are now planning to take the Facebook case to Supreme Court.

The 9th Circuit Court of Appeals recently refused to re-open the twins' case against Mark Zuckerberg, the founder and chief of the world's most popular social-networking site Facebook.

Federal Jury Denies Mattel’s Claim

MattelA shocking judgment by the federal court against Mattel Inc sent jitters in the market. As per a report, overlooking the claims made by Mattel Inc of having a legitimate copy right of sketching billion-dollar Bratz dolls, court approved a massive damage of at least $3.4 million for MGA Entertainment Inc.

Public Defender Assigned to District Lawyer

According to sources, it was found that more than $32 million have been accumulated from illegal profits. The trade against Kluger claimed that a trader in New York has got huge amount of profits. It was also claimed that Kluger did illegal work to become rich.

The officials of Securities and Exchange Commission gave further explanations regarding the distribution of the money. They also explained that Kluger got at least $500,000.

Rachel Martin is the public defender of Kluger. However, Rachel declined to comment anything regarding this case.

Sadhvi Pragya to be Presented in Court

Sadhvi Pragya  to be Presented in CourtOn December 29 2007, RSS activist Sunil Joshi was shot dead. He was a suspect in the Ajmer Sharif blast, Mecca Masjid blasts and the Samjhauta Express blast case. He was shot at Devas in Madhya Pradesh.

Sadhvi Pragya will be presented in court regarding the murder of Sunil Joshi. Sadhvi Pragya is considered responsible for the 2008 Malegoan blast.

Judge permits lawyers to question Apple’s Jobs over iTunes

Steve-JobsApple’s chief executive Steve Jobs, who is currently on medical leave since late January, will have to answer questions relating to an antitrust lawsuit accusing the firm of creating a monopoly in the field of music-downloading, a federal judge ruled.

U. S. Magistrate Judge Howard Lloyd in San Jose on Monday allowed lawyers for the petitioners in the antitrust lawsuit to question Mr. Jobs for a maximum of two hours.

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