- Feds Seek 10 Years For Ex-Girardi CFO's 'Brazen' Crimes
Los Angeles federal prosecutors said Girardi Keese's former head of accounting should spend 10 years in prison after pleading guilty to assisting Tom Girardi in siphoning clients' settlement funds and what the government called a "brazen" side fraud to steal from the firm's operating accounts.
- Calif. Pot Co. Seeks Receivership, Blames Merger 'Disaster'
A cannabis producer in California has moved to enter receivership in state court, disclosing more than $173 million in liabilities and saying a 2023 merger with its parent company proved to be a "financial disaster."
- Disbarred Fraudster Gets 25 Years For $18M Hemp Scam
A disbarred attorney with a history of investor fraud was sentenced to 25 years in prison for a scheme in which he solicited more than $18 million from investors by claiming to own a hemp farm that didn't exist and overhyping an edibles company.
- Ex-Workday Atty's Bias Claims Axed, Stock Dispute Kept Alive
A California federal judge tossed a Black ex-Workday attorney's claims that he endured race and disability bias that culminated in the software vendor sending police to his house to conduct an unnecessary wellness check, but the judge allowed the attorney pursue claims that he was shorted on stock options.
- Wachtell, S&C Build Mechanics Bank, HomeStreet Merger
Wachtell Lipton Rosen & Katz LLP-advised Mechanics Bank on Monday announced plans to merge with Sullivan & Cromwell LLP-led HomeStreet Bank in a deal that will create a combined company with 168 branches and $23 billion in assets.
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