Latest news with #NorthernDistrict
Associated Press
3 days ago
- Business
- Associated Press
AAPL SECURITIES NEWS: Did Apple Inc. (NASDAQ:AAPL) Commit Securities Fraud? Contact BFA Law by August 19 Class Action Deadline
NEW YORK, July 20, 2025 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a lawsuit has been filed against Apple Inc. (NASDAQ: AAPL) and certain of the Company's senior executives for potential violations of the federal securities laws. If you invested in Apple, you are encouraged to obtain additional information by visiting: Investors have until August 19, 2025, to ask the Court to be appointed to lead the case. The complaint asserts claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors who purchased Apple securities. The case is pending in the U.S. District Court for the Northern District of California and is captioned Tucker v. Apple Inc., et al., No. 5:25-cv-05197. Why was Apple Sued for Securities Fraud? Apple is a multinational technology company that engages primarily in the businesses of smart-devices and artificial intelligence ('AI'). Apple's software includes a digital personal assistant called 'Siri,' which was first introduced in October 2011. The complaint alleges that Apple misrepresented Siri's advanced AI-based features as well as its ability to deliver them within the iPhone 16 product cycle. In truth, as alleged, Apple lacked a functional prototype of Siri's purported advanced AI-based features and misrepresented the time it would take to integrate such features into its devices. The Stock Declines as the Truth is Revealed On March 7, 2025, Apple announced it was indefinitely delaying several AI-based Siri features, citing development delays and pushing their release to sometime 'in the coming year.' On this news, the price of Apple stock declined $11.59 per share, or almost 5%, from $239.07 per share on March 7, 2025, to $227.48 per share on March 10, 2025, the following trading day. Then, on June 9, 2025, Apple hosted its Worldwide Developer Conference for 2025. Noticeably, Apple failed to announce any new updates regarding advanced Siri features. Analysts and media outlets described the WWDC as 'underwhelming' and 'disappointing,' with CNN stating that 'it's unlikely that any of the announcements made at Monday's event will change the perception that Apple is behind its competitors in AI.' On this news, the price of Apple stock declined $2.47 per share, or over 1%, from $203.92 on June 6, 2025, to $201.45 per share on June 9, 2025, the following trading day. Click here for more information: What Can You Do? If you invested in Apple you may have legal options and are encouraged to submit your information to the firm. All representation is on a contingency fee basis, there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses. Submit your information by visiting: Or contact: Ross Shikowitz [email protected] 212-789-3619 Why Bleichmar Fonti & Auld LLP? BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have been named 'Elite Trial Lawyers' by the National Law Journal, among the top '500 Leading Plaintiff Financial Lawyers' by Lawdragon, 'Titans of the Plaintiffs' Bar' by Law360 and 'SuperLawyers' by Thomson Reuters. Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.'s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd. For more information about BFA and its attorneys, please visit Attorney advertising. Past results do not guarantee future outcomes.
Associated Press
3 days ago
- Business
- Associated Press
HIMS Announcement: Kessler Topaz Meltzer & Check, LLP Encourages Hims & Hers Health, Inc. (HIMS) Investors to Contact the Firm About Securities Fraud Class Action Lawsuit
RADNOR, PA - July 19, 2025 ( NEWMEDIAWIRE ) - The law firm of Kessler Topaz Meltzer & Check, LLP ( ) informs investors that securities class action lawsuits have been filed in the United States District Court for the Northern District of California against Hims & Hers Health, Inc. ('Hims & Hers') ( NYSE: HIMS ) on behalf of those who purchased or otherwise acquired Hims & Hers securities between April 29, 2025, and June 23, 2025, inclusive (the 'Class Period'). The lead plaintiff deadline is August 25, 2025. CONTACT KESSLER TOPAZ MELTZER & CHECK, LLP: If you suffered Hims & Hers losses, you may CLICK HERE or copy and paste the following link into your browser: You can also contact attorney Jonathan Naji, Esq. by calling (484) 270-1453 or by email at [email protected]. DEFENDANTS' ALLEGED MISCONDUCT: The complaints allege that, throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the company's business, operations, and prospects. Specifically, Defendants failed to disclose to investors that: (1) Hims & Hers was engaged in the 'deceptive promotion and selling of illegitimate, knockoff versions of Wegovy that put patient safety at risk;' (2) as a result, there was a substantial risk that Hims & Hers' collaboration with Novo Nordisk would be terminated; and (3) that, as a result of the foregoing, Defendants' positive statements about the company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis. Please CLICK HERE to view our video or copy and paste this link into your browser: THE LEAD PLAINTIFF PROCESS: Hims & Hers investors may, no later than August 25, 2025, seek to be appointed as a lead plaintiff representative of the class through Kessler Topaz Meltzer & Check, LLP or other counsel, or may choose to do nothing and remain an absent class member. A lead plaintiff is a representative party who acts on behalf of all class members in directing the litigation. The lead plaintiff is usually the investor or small group of investors who have the largest financial interest and who are also adequate and typical of the proposed class of investors. The lead plaintiff selects counsel to represent the lead plaintiff and the class and these attorneys, if approved by the court, are lead or class counsel. Your ability to share in any recovery is not affected by the decision of whether or not to serve as a lead plaintiff. Kessler Topaz Meltzer & Check, LLP encourages Hims & Hers investors who have suffered significant losses to contact the firm directly to acquire more information. CLICK HERE TO SIGN UP FOR THE CASE OR GO TO: ABOUT KESSLER TOPAZ MELTZER & CHECK, LLP: Kessler Topaz Meltzer & Check, LLP prosecutes class actions in state and federal courts throughout the country and around the world. The firm has developed a global reputation for excellence and has recovered billions of dollars for victims of fraud and other corporate misconduct. All of our work is driven by a common goal: to protect investors, consumers, employees and others from fraud, abuse, misconduct and negligence by businesses and fiduciaries. The complaint in this action was not filed by Kessler Topaz Meltzer & Check, LLP. For more information about Kessler Topaz Meltzer & Check, LLP please visit CONTACT: Kessler Topaz Meltzer & Check, LLP Jonathan Naji, Esq. (484) 270-1453 280 King of Prussia Road Radnor, PA 19087 [email protected] May be considered attorney advertising in certain jurisdictions. Past results do not guarantee future outcomes. View the original release on
The Guardian
5 days ago
- Politics
- The Guardian
Trump gives New York attorney new title after judges reject his appointment
Donald Trump has given a New York prosecutor a new job title to keep him in power after federal judges rejected his appointment. John Sarcone III was supposed to be removed as interim US attorney for New York's northern district after a judicial panel refused to make his appointment permanent. Instead, the justice department has made him 'special attorney to the attorney general' with the same powers and no time limit. The appointment represents Trump's curious pattern of working around traditional oversight mechanisms. Unlike his first term, when all 85 US attorney nominees were confirmed by the Senate, his second administration has formally nominated only about a quarter of that number, relying instead on interim appointments that bypass Senate confirmation. Carl Tobias, a law professor at the University of Richmond trying to make sense of the appointment said the justice department is using a federal law called 28 US Code Section 515 to justify the move, but he says that's a stretch. That law allows for 'special attorneys' to handle specific cases, but this sort of application may not be intended to let someone serve as both acting US attorney and first assistant at the same time. 'It is unclear that Congress intended this code section to authorize the latter two named appointments,' said Tobias. 'The historical practice has been to nominate people to be US Attorneys during the appointing president's term subject to confirmation by the Senate.' The move keeps Sarcone in place despite a string of problems that have raised questions about his credibility and qualifications. The Albany Times Union revealed that an address he listed as his legal residence in a police affidavit was actually a boarded-up building. When questioned, Sarcone offered shifting explanations about apartment renovations delayed by tariffs on Chinese windows, admitting he had been staying in hotels since his March appointment. Federal law requires US attorneys to live within their district, making the residency question legally significant. One notable issue came when Sarcone appeared on Fox News claiming an undocumented immigrant had tried to kill him with a knife outside an Albany hotel. But surveillance footage showed the two men never got closer than 20 ft, a direct contradiction of Sarcone's story of being 'chased with a knife' by 'a maniac' speaking 'in a foreign language'. Based on Sarcone's account, prosecutors at first charged Saul Morales-Garcia with attempted murder. After seeing the video, they dropped those charges. The man pleaded guilty to a much lesser charge of menacing. When questioned about listing a false address in legal documents, Sarcone dismissed concerns: 'Have you been chased with a knife and threatened? Are you saying I lied? Give me a break.' The Department of Justice did not respond to a request for comment.
Fox News
15-07-2025
- Politics
- Fox News
Federal judges refuse to permanently appoint interim US attorney in NY
A panel of federal judges declined to permanently appoint an interim U.S. attorney who reportedly claimed just days ago that his extension was approved. The term of John Sarcone -- who was appointed to the role of United States Attorney for the Northern District of New York on an interim basis by Attorney General Pamela Bondi in March – is set to expire Tuesday, according to WXXI. "The Board of Judges of the United States District Court for the Northern District of New York declines to exercise the authority granted pursuant to 28 U.S. Code § 546(d) to appoint a United States attorney for the Northern District of New York," the panel said in a statement Monday, without elaborating further. Last month, Sarcone told Fox News that he feared for his life after allegedly being confronted by a knife-wielding illegal immigrant in Albany, the capital of New York. The Department of Homeland Security said on June 17, Saul Morales-Garcia, who is from El Salvador, "lunged at Sarcone with a knife while yelling aggressively in a foreign language." In the lead-up to the panel's statement, Sarcone said Friday he received word that the federal judges had voted to extend his appointment, WNYT reported. However, the panel later issued a statement to the station saying "The Board of Judges of the Northern District of New York has taken no action with respect to U. S. Attorney Sarcone." Sarcone's hopes of returning to the position on a permanent basis now rely on being formally nominated by President Donald Trump and then being confirmed by the Senate, WXXI reported. The Northern District of New York stretches from central New York all the way to the Canadian border and includes the cities of Albany, Syracuse and Binghamton. "Thank you, Attorney General Bondi, for trusting me to carry out this important mission and most importantly thank you President Trump for once again having faith and confidence in me to do my part to accomplish one of your most important tasks – to restore public confidence and trust in our government and the Department of Justice," Sarcone said when he was appointed on an interim basis in March. The Department of Justice said Sarcone would be based in Albany and "has been a dedicated public servant and lawyer for many years. "From 2018 to 2021, Mr. Sarcone served as Northeast and Caribbean Regional Administrator for the U.S. General Services Administration, overseeing a large team responsible for federal buildings and facilities, procurement, and IT initiatives, and working with dozens of federal agencies and courthouses, including in the Northern District of New York. Earlier in his career, he served as Town Attorney in Eastchester, New York, and General Counsel to the United Federation of Special Police Officers, Inc. and to the Association of Commuter Rail Employees," it said. "Mr. Sarcone also founded and built a general practice law firm, providing advice to small businesses and family-owned corporations, handling large real estate transactions, and litigating and arbitrating in areas including business and construction disputes, insurance defense, and toxic torts," the Department of Justice added. In the Western District of New York, U.S. Attorney Michael DiGiacomo was permanently appointed last month before his interim appointment expired, according to WXXI.
Fox News
02-07-2025
- Health
- Fox News
California sues Trump admin again, this time over Medicaid data transfer to DHS
California is leading a coalition with 19 other states in a lawsuit against the Trump administration for transferring Medicaid data to the Department of Homeland Security (DHS), which houses U.S. Immigration and Customs Enforcement (ICE). Democrat Attorney General Rob Bonta said the federal lawsuit filed Tuesday in the Northern District of California represents the 28th time in 23 weeks – or more than once a week – that California is challenging the president in court. "Upon information and belief, the U.S. Department of Health and Human Services (HHS)'s Centers for Medicare & Medicaid Services (CMS) handed over a trove of individuals' protected health data obtained from States, including California, Illinois, and Washington, to other federal agencies, including the Department of Homeland Security (DHS)," the complaint says. "Millions of individuals' health information was transferred without their consent, and in violation of federal law." Those states allow non-U.S. citizens to enroll in Medicaid programs that they say pay for their expenses using only state taxpayer dollars. The Associated Press first reported last month that the sharing of data by HHS to DHS included addresses, names, social security numbers, immigration status and claims data for enrollees in those states. "In doing so, the Trump administration silently destroyed longstanding guardrails that protected the public's sensitive health data and restricted its use only for purposes that Congress has authorized, violating federal laws including the requirements of the Administrative Procedure Act (APA)," the lawsuit says. The complaint alleges violations of several other federal privacy laws, including the Health Insurance Portability and Accountability Act of 1996, known as HIPPA. HHS has claimed that the transfer of data to DHS is meant "to ensure that Medicaid benefits are reserved for individuals who are lawfully entitled to receive them." "But Congress itself extended coverage and federal funds for emergency Medicaid to all individuals residing in the United States, even those who lack satisfactory immigration status," the complaint says. "The States have and will continue to verify individuals' eligibility for federally funded Medicaid services using established federal systems and cooperate with federal oversight activities to ensure that the federal government pays only for those Medicaid services that are legally authorized." Attorneys general from Arizona, Colorado, Connecticut, Delaware, Hawaii, Illinois, Massachusetts, Maine, Maryland, Michigan, Minnesota, Nevada, New Jersey, New Mexico, New York, Oregon, Rhode Island, Vermont and Washington joined the suit. "President Trump, Secretary Kristi Noem and Secretary Robert F. Kennedy Jr. are weaponizing Medicaid to fuel their anti-immigration campaign," Bonta said at a virtual press conference. "They're threatening the personal health data of 78.4 million individuals who are enrolled in Medicaid and the children's health insurance program, CHIP, for their mass surveillance and federal immigration enforcement plans." "This isn't about cutting waste or going after fraud," Bonta said. "This is about going after vulnerable people who entrusted the state and the federal government to help them access health care, a basic human right." The complaint says they intend to "protect their State Medicaid programs, and to prevent them from being used in service of an anti-immigrant crusade, or other purposes unrelated to administration of those programs." Fox News Digital reached out to DHS for comment on the lawsuit, but they did not immediately respond. An HHS spokesman reacted to the lawsuit in statements obtained by Politico and the AP. HHS is "aggressively cracking down on states that may be misusing federal Medicaid funds to subsidize care for illegal immigrants - that includes California," HHS spokesperson Andrew Nixon reportedly said. "This oversight effort – supported by lawful interagency data sharing with DHS – is focused on identifying waste, fraud, and systemic abuse." He added, "HHS acted entirely within its legal authority – and in full compliance with all applicable laws – to ensure that Medicaid benefits are reserved for individuals who are lawfully entitled to receive them." The plaintiffs claim their states "will lose federal funds as fear and confusion stemming from the disclosures cause noncitizens and their family members to disenroll, or refuse to enroll, in emergency Medicaid for which they are otherwise eligible, leaving States and their safety net hospitals to foot the bill for federally mandated emergency healthcare services." "States will also ultimately bear the negative public health costs associated with reduced utilization of healthcare for childbirth and other emergency conditions," the complaint says. "Meanwhile, the public will suffer irreparable damage due to increased morbidity and mortality." Bonta noted California's Medi-Cal program provides public healthcare coverage for one out of every three Californians, including more than two million noncitizens. Because not all noncitizens are eligible for federally funded Medi-Cal services, California uses state-only funds to provide a version of the Medi-Cal program to all eligible state residents, "regardless of their immigration status," he said. "The Trump Administration has upended longstanding privacy protections with its decision to illegally share sensitive, personal health data with ICE. In doing so, it has created a culture of fear that will lead to fewer people seeking vital emergency medical care," Bonta added in a statement. "I'm sickened by this latest salvo in the President's anti-immigrant campaign. We're headed to court to prevent any further sharing of Medicaid data — and to ensure any of the data that's already been shared is not used for immigration enforcement purposes."
