Jonathan Stempel
Reuters Top News
New York, NY, United States
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Past articles by Jonathan:
Judge says JPMorgan could be liable for Epstein sex trafficking if Staley knew about it
JPMorgan Chase & Co could be liable to women who accused Jeffrey Epstein of sexual abuse if they can show that former executive Jes Staley had first-hand knowledge that the financier ran a sex-trafficking venture, a U.S. judge said on Monday. → Read More
Energizer, Walmart sued for conspiring to raise battery prices
Energizer Holdings Inc and Walmart Inc have been sued by consumers and retailers in three proposed class actions accusing them of conspiring to raise the prices of disposable batteries. → Read More
Elon Musk seeks to end $258 billion Dogecoin lawsuit
Elon Musk asked a U.S. judge on Friday to throw out a $258 billion racketeering lawsuit accusing him of running a pyramid scheme to support the cryptocurrency Dogecoin. → Read More
Delaware jury to decide if Fox is liable for defaming Dominion
A jury will decide whether Fox Corp defamed Dominion Voting Systems with false vote-rigging claims aired by Fox News after the 2020 U.S. election, a Delaware judge ruled on Friday, dealing a setback to the media company that had sought to avoid a trial in the $1.6 billion lawsuit. → Read More
Signature Bank, former CEO are sued by shareholders for fraud
Signature Bank and three former top executives were sued on Tuesday by shareholders who accused the New York bank of fraudulently proclaiming it was financially strong a mere three days before it was seized by a state regulator. → Read More
Amgen is sued for concealing $10.7 billion tax bill from investors
Amgen Inc has been sued in a proposed class action accusing the drugmaker of waiting too long to tell investors it might owe the Internal Revenue Service $10.7 billion in taxes and penalties. → Read More
US sues Rite Aid for missing opioid red flags
The U.S. government on Monday sued Rite Aid Corp , accusing the pharmacy chain of missing "red flags" as it illegally filled hundreds of thousands of prescriptions for controlled substances, including opioids. → Read More
New York sues KuCoin, expands cryptocurrency crackdown
New York's attorney general on Thursday sued KuCoin for failing to register with the state before letting investors buy and sell cryptocurrencies on its platform, as part of her effort to rein in what she calls "shadowy" cryptocurrency companies. → Read More
JPMorgan must hand over CEO Dimon's records in Jeffrey Epstein lawsuit
The U.S. Virgin Islands is seeking damages from JPMorgan for allegedly aiding in Epstein's sex trafficking by keeping him as a client, and missing red flags about his misconduct. → Read More
JPMorgan sues former banker Staley over Jeffrey Epstein ties
JPMorgan Chase & Co has sued Jes Staley, its former private banking head and later Barclays Plc's chief executive, accusing him of entangling it with sex offender Jeffrey Epstein, and saying Staley himself had been accused of sexual assault. → Read More
Turkey cannot recover ancient 'Stargazer' idol from Christie's
Turkey cannot recover a 6,000-year-old marble idol from Christie's and hedge fund billionaire Michael Steinhardt after waiting an unreasonably long time to claim it had been looted, a U.S. appeals court ruled on Wednesday. → Read More
Berkshire Hathaway resumes Occidental purchases, stake reaches 22.2%
Warren Buffett's Berkshire Hathaway Inc has resumed its purchases of Occidental Petroleum Corp shares after a five-month hiatus, increasing its stake in the oil company to about 22.2%, a regulatory filing showed on Tuesday. → Read More
FIFA, US Soccer must face antitrust lawsuit -US appeals court
A U.S. appeals court on Tuesday revived an antitrust lawsuit accusing FIFA and the U.S. Soccer Federation of illegally banning foreign clubs and leagues from staging official matches in the United States. → Read More
Five women who say they were denied abortions sue Texas
Five women who said they were denied abortions despite grave risk to their lives or fetuses sued Texas on Monday, in the first apparent case of pregnant women suing over curbs imposed after the U.S. Supreme Court overturned Roe v. Wade in June. → Read More
Bankman-Fried can have flip phone, limited internet while on bail, US proposes
Sam Bankman-Fried should be allowed while on bail to have a flip phone with no internet capability and a basic laptop with limited functions, but be forbidden from using other electronic communication devices, the U.S. Department of Justice said. → Read More
U.S. court won't require FAA to make airplane seat size, spacing rules
Airline passengers who have long felt squished in cramped seats suffered a setback on Friday as a U.S. appeals court refused to order the Federal Aviation Administration (FAA) to adopt minimum requirements for seat size and spacing. → Read More
Sotheby's must face Russian billionaire oligarch's art fraud lawsuit
A U.S. judge said Sotheby's must face part of Russian billionaire oligarch Dmitry Rybolovlev's lawsuit accusing the auction house of helping his former art dealer overcharge him by hundreds of millions of dollars on 15 pieces of world-class art. → Read More
JPMorgan says CEO Dimon 'not relevant' to lawsuit over bank's Epstein's ties
JPMorgan Chase & Co (JPM.N) on Tuesday rejected the U.S. Virgin Islands' demand that it turn over more documents concerning Chief Executive Jamie Dimon for a lawsuit accusing the bank of aiding in Jeffrey Epstein's sex trafficking. → Read More
Ghislaine Maxwell to ask appeals court to throw out sex trafficking conviction
Ghislaine Maxwell is expected on Tuesday to ask a U.S. appeals court to throw out her conviction for helping Jeffrey Epstein sexually abuse teenage girls, saying a slew of errors marred the case as prosecutors made her a scapegoat because the financier was dead. → Read More
Tesla, Musk sued by shareholders over self-driving safety claims
Tesla Inc and its Chief Executive Elon Musk were sued on Monday by shareholders who accused them of overstating the effectiveness and safety of their electric vehicles' Autopilot and Full Self-Driving technologies. → Read More