July 29, 2013 |
Three hundred fifty dollars. That's the amount Los Angeles County pays a private attorney to represent a child charged with crimes when the public defender has a conflict of interest and can't handle the case. That $350 has to cover all legal work, even when the child is charged with a serious crime such as murder or rape. About 11,000 kids a year end up being represented by such appointed counsel. Here's how it commonly works. Let's say two 15-year-olds are caught with a six-pack of beer and charged with illegal possession of alcohol.
July 11, 2013 |
When I interviewed the Oscar-winning documentarian Alex Gibney nearly three years ago, I was eager to know something about Eliot Spitzer. Gibney had just made a movie, “Client 9,” about the plot - and there was a plot, Gibney persuasively concludes - to help bring down the former New York governor. Would Spitzer ever try to run again, and if so, for which office? “Yes. Comptroller,” Gibney answered without hesitation. “It's a position where he can have a lot of influence, but it's not so prominent that he'd face the kind of scrutiny that he would if he were to try to run for governor or national office,” Gibney said.
July 8, 2013 |
WASHINGTON --Thomson Reuters Corp. said Monday it would suspend the early access it sells to some clients of its twice-monthly consumer confidence index. The company, which conducts the widely watched Survey of Consumers with the University of Michigan, said it made the change at the request of New York State Attorney General Eric T. Schneiderman. His office has been investigating the practice of allowing some high-speed traders to pay to receive the data two seconds before other paying clients.
July 2, 2013 |
Former KPMG auditing partner Scott London pleaded guilty to an insider-trading charge, and struggled afterward to explain why he jeopardized his career, reputation and freedom for money he didn't need. London, 50, admitted in U.S. District Court in Los Angeles on Monday that he had disclosed privileged information about KPMG's clients to a friend, knowing the tips would be used to trade stocks. District Judge George H. Wu ordered London to return Oct. 21 for sentencing. The conviction carries a maximum term of 20 years in prison.
June 22, 2013 |
NEW YORK - Some on Wall Street are crying foul after revelations that deep-pocketed traders get early access to closely watched economic data that moves the stock market. High-speed trading firms get a two-second head start when Thomson Reuters, a financial information provider, releases the University of Michigan's consumer confidence report. Even a split-second can mean billions of dollars in an increasingly computer-driven financial system. Major Wall Street firms now employ sophisticated algorithms to conduct rapid-fire buying and selling, all within the blink of an eye, leaving slower investors in the dust.
CALIFORNIA | LOCAL
June 14, 2013 |
A former attorney in Orange County has been convicted and sentenced for embezzling more than $200,000 in insurance claims and for defrauding his clients, prosecutors said Friday. Tuan Thanh Tran, 44, of Irvine, pleaded guilty Thursday to 10 felony counts and was sentenced to one year in jail, five years of probation and ordered to pay restitution, according to a statement from the Orange County district attorney's office. Prosecutors said that between May 2011 and February 2012, Tran represented five clients who were seeking damages from traffic accidents.
June 13, 2013 |
When federal officials recently confirmed the existence of a massive National Security Agency program that has been collecting Americans' phone data for years, they argued it was needed to fight terrorism. But that acknowledgment has opened potentially seismic rifts in the nation's legal system, allowing defendants to argue that the government is holding a massive trove of evidence that is necessary to their cases - the same kind of evidence that, when it's collected by police, is commonly turned over to defendants.
CALIFORNIA | LOCAL
May 31, 2013 |
A Newport Beach man who falsely claimed he handled investments for Kobe Bryant, LeBron James and other athletes received 13 years in state prison Friday for defrauding clients of $198,000. An Orange County Superior Court jury found Calvin James Calvin, 48, guilty in January of seven felony counts of grand theft and four felony counts of making untrue statements in the purchase or sale of securities. The defendant, who represented himself, defrauded at least seven victims, whom he had met through church or business, gaining their trust by talking to them about family, faith and sports.
May 28, 2013 |
Jacksonville running back Maurice Jones-Drew allegedly punched a security guard in the face at a St. Augustine, Fla., bar and restaurant, according to a police report obtained by multiple media sources. But the former UCLA star's agent says no charges have been filed and denies that his client was involved in the alleged incident Sunday at the Conch House. "We have confirmed with the St. Augustine Police Department that no charges have been filed against Maurice and that the matter is under investigation," Adisa Bakari told NFL.com's Ian Rapoport.
May 28, 2013 |
A former senior partner at accounting firm KPMG's Los Angeles office has agreed to plead guilty to a securities fraud charge of passing inside information about the firm's clients to a friend, who used it to make more than $1 million in stock trades. Scott London, 50, who supervised more than 500 KPMG auditors, agreed Tuesday to plead guilty to one felony charge, according to a court document he signed. The date he will enter the guilty plea has not yet been scheduled. London's stock-trading friend, Encino jeweler Bryan Shaw, pleaded guilty to a conspiracy charge last week.