All articles tagged with #new york ag
New York Attorney General Letitia James warns New Yorkers about unregulated prediction markets around Super Bowl 60, saying they lack consumer protections and could invite insider trading, as Kalshi and Polymarket anticipate billions in trading; Kalshi says its products are regulated by the CFTC, while regulators have signaled upcoming rule changes.
Abrams Fensterman, a prominent law firm with political ties and representing many nursing homes, is under investigation by the New York Attorney General's office for records related to debt-collection lawsuits, with the firm denying any wrongdoing and contesting a subpoena, as the AG broadens its scrutiny of the nursing home industry.
Federal prosecutors are investigating the office of New York Attorney General Letitia James for potential misconduct related to her civil fraud cases against Donald Trump and the NRA, amid ongoing legal battles and previous investigations into James's actions.
New York Attorney General Letitia James questions the financial stability of Knight Specialty Insurance Company, which posted a $175 million bond for Donald Trump in his bank fraud case. The AG has raised concerns about the company's ability to operate in the state and meet capital requirements, as well as its over-leveraging. Knight Specialty Insurance Company's president claims the firm is not subject to New York's solvency rules, but this assertion has raised further questions. The company's financial statements and its ability to cover the bond amount have come under scrutiny, leading to doubts about its capacity to handle the risk.
The lawyer representing court clerk Allison Greenfield in Donald Trump's New York civil fraud trial has argued for the reinstatement of a gag order, stating that Trump's comments about the clerk were "baseless" and "highly inappropriate." Trump has been fined for violating the gag order and has appealed, claiming his First Amendment rights. The judge has suspended the gag order while the appeal is debated. Trump's comments have led to harassment and threats against the clerk, including compromising her personal contact information. The trial judge is considering what damages to impose on Trump, who has repeatedly criticized the judge and clerk as partisans.