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Appeals Court Strikes Down Nasdaq’s Board-Diversity Rules
A federal appeals court rejected Nasdaq’s yearslong push to set racial and gender targets for the boards of its listed companies, dealing a major blow to one of most prominent efforts to promote diversity in corporate America… The Nasdaq rules vacated by Wednesday’s ruling “strip people of their individuality and force companies to classify them…
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Court revives free speech lawsuit over Connecticut attorney conduct rule
… Connecticut lawyers Mario Cerame and Timothy Moynahan argued that they had standing to challenge the rule because state officials could infringe their First Amendment rights by disciplining them for protected statements they have made related to subjects such as race, gender and religion… The New Civil Liberties Alliance, which represented Cerame and Moynahan, called…
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Suspended Judge Newman Urges Appeals Court to End Her Exile
Pauline Newman, the nation’s oldest active federal judge, asked the D.C. Circuit to end a suspension imposed by her colleagues that prevents her from hearing cases at the Federal Circuit. The 97-year-old judge argued the suspension was essentially a way to strip her of her core duties without formal impeachment proceedings and was, therefore, unconstitutional,…
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D.C. Circuit Grants Preliminary Injunction Of FINRA Expulsion Until SEC Review
A broker is entitled to a preliminary injunction until the U.S. Securities and Exchange Commission can review the Financial Industry Regulatory Authority’s (FINRA) decision to expel the broker for violating a cease-and-desist order, a divided panel of the District of Columbia Circuit U.S. Court of Appeals held, agreeing with the broker that it would irreparably…
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Judge Newman’s Suspension by the CAFC Has Marred Public Faith in the Federal Judiciary
BY: Judge Paul Michel (Ret.) At the core of Due Process and basic justice is the undeniable right to be heard by an impartial adjudicator on the charges brought against you. That includes the right to present witnesses and evidence in your defense and to cross-examine the witnesses against you. Neither has been afforded to…
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Legal challenges on administrative reach expected in Trump's deregulatory scheme, experts say
… Mark Chenoweth, president of the New Civil Liberties Alliance, particularly pointed to Biden-era regulations, saying they could be on the chopping block once Trump takes office, telling Fox News Digital, “the Biden administration did a lot of things that lacked statutory authority completely.” Chenoweth noted that the Biden administration has already been the target…
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