securities fraud
UK billionaire Joe Lewis receives pardon from Trump
Billionaire UK businessman Joe Lewis, whose family trust owns Tottenham Hotspur football club, has received a pardon from US President Donald Trump. Lewis, 88, pleaded guilty to insider trading as part of an agreement with prosecutors in 2024 that saw him avoid prison. He was accused of passing on information about his companies to his private pilots, friends, personal assistants and romantic partners in a fraud that authorities said netted millions of dollars in profit. A White House official said Trump approved the pardon for Lewis, who requested it so he could receive medical treatment and visit his grandchildren and great grandchildren in the US. Mr Lewis admitted he made a terrible mistake, did not fight extradition in the case, and paid a $5 million fine, the official told the BBC.
The Gruesome Story of How Neuralink's Monkeys Actually Died
Fresh allegations of potential securities fraud have been leveled at Elon Musk over statements he recently made regarding the deaths of primates used for research at Neuralink, his biotech startup. Letters sent this afternoon to top officials at the US Securities and Exchange Commission (SEC) by a medical ethics group call on the agency to investigate Musk's claims that monkeys who died during trials at the company were terminally ill and did not die as a result of Neuralink implants. They claim, based on veterinary records, that complications with the implant procedures led to their deaths. Musk first acknowledged the deaths of the macaques on September 10 in a reply to a user on his social networking app X (formerly Twitter). He denied that any of the deaths were "a result of a Neuralink implant" and said the researchers had taken care to select subjects who were already "close to death."
Artificial Intelligence and The Law: What To Expect
Yes, artificial technology is rapidly improving -- and true, AI will invade the legal business before you know it -- but futuristic AI-infused robot lawyers aren't going to replace legal pros anytime soon. AI-based tools and technologies created and customized for legal work are coming for sure, though. AI-enabled software can use pattern recognition and extreme machine learning algorithms to help legal pros work faster. Their capability digest vast amounts of information and interpret it can help you work smarter, too. The time to start thinking about the first wave of AI legal tools is now.
Artificial Intelligence and The Law: What To Expect
Yes, artificial technology is rapidly improving -- and true, AI will invade the legal business before you know it -- but futuristic AI-infused robot lawyers aren't going to replace legal pros anytime soon. AI-based tools and technologies created and customized for legal work are coming for sure, though. AI-enabled software can use pattern recognition and extreme machine learning algorithms to help legal pros work faster. Their capability digest vast amounts of information and interpret it can help you work smarter, too. The time to start thinking about the first wave of AI legal tools is now.