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Federal prosecutor says fear of Trump led to reversal on Stone sentencing memo

Former Trump campaign adviser Roger Stone departs after he was sentenced to three years and four months in prison for charges that include lying to Congress, obstruction of justice and witness tampering, at U.S. District Court in Washington, U.S., February 20, 2020. REUTERS/Leah Millis TPX IMAGES OF THE DAY

WASHINGTON - The federal office that led the prosecution of President Donald Trump's friend Roger Stone received "heavy pressure from the highest levels of the Department of Justice" to ease its sentencing recommendation, career prosecutor Aaron Zelinsky plans to tell Congress, according to his prepared remarks.  Full Article 

FILE PHOTO: An oil rig is seen in the waters on the southern coast of Pengerang, Malaysia February 26, 2019. Picture taken February 26, 2019. REUTERS/Edgar Su/File Photo

With contracts canceled and debts mounting, offshore oil drillers face another shakeout

The companies that operate offshore drilling rigs for major oil producers face a second wave of bankruptcies in four years amid a historic drop in energy prices that likely will leave surviving drillers more closely tied to big oil firms.  Full Article 

A bed is seen set up in a temporary hospital located at the USTA Billie Jean King National Tennis Center before the press conference of New York City Mayor Bill De Blasio as the outbreak of the coronavirus disease (COVID-19) continues in the Queens borough of New York City, New York, U.S., April 10, 2020. REUTERS/Eduardo Munoz TPX IMAGES OF THE DAY

U.S. hospitals lose legal challenge to Trump price transparency rule

A federal judge on Tuesday dismissed a challenge by hospital groups to a federal rule requiring them to disclose prices they quietly negotiate with insurers, in a victory for White House efforts to make healthcare pricing more transparent to patients.  Full Article 

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A McDonald's restaurant sign is seen in San Diego, California March 31, 2015. REUTERS/Mike Blake

Judge temporarily blocks Oakland McDonald's from reopening amid COVID-19 concerns

A California state judge on Tuesday said a McDonald'sfranchise in Oakland cannot reopen for business at least untilafter a hearing next week in a lawsuit claiming the owner failedto take basic steps to protect workers amid the coronaviruspandemic.  Full Article 

FILE PHOTO: A person walks outside the U.S. Supreme Court in Washington, U.S., May 12, 2020. REUTERS/Leah Millis/File Photo

U.S. Supreme Court sets limits on SEC's power to recover ill-gotten gains

The U.S. Supreme Court on Monday placed limits on the Securities and Exchange Commission's practice of forcing defendants to surrender profits obtained through fraud as part of its enforcement of investor-protection laws in federal courts, but stopped short of disallowing such action.  Full Article 

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NetSuite execs are off the hook in groundbreaking Oracle derivative case

The plaintiffs lawyers who filed a derivative suit accusing Oracle directors of betraying shareholders in a 2016 deal to acquire a smaller company controlled by Oracle chair Larry Ellison have undoubtedly bushwhacked an extraordinary path for shareholders. Last August, after the shareholders’ breach-of-duty complaint survived a motion to dismiss, a special committee of Oracle’s board informed Vice Chancellor Sam Glasscock of Delaware Chancery Court that it was in the company’s best i

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