Category: law

DC Guard ready for election violence, but no specific training underway

U.S. Army leadership responsible for any National Guard deployment in the capital region denied any special preparations were underway ahead of the Nov. 3 presidential election but asserted the Guard would be ready if needed.

“If we’re called upon, we will act in support of that, to protect federal property and support law enforcement,” Army Secretary Ryan McCarthy said when asked about D.C. National Guard deployment if civil unrest occurs surrounding the Nov. 3 presidential election.

“We support law enforcement,” he added at a Pentagon briefing Tuesday. “We don’t police American streets.”

Army chief Gen. James McConville clarified that no specific direction has been made to prepare Army military police ahead of the November election.

“There’s been no planning guidance given out from the Department of the Army directing any military police units to begin training for any situation,” he said.

The D.C. National Guard was criticized after it was called to assist law enforcement clearing Lafayette Square of protesters near the White House prior to a curfew on June 1 so that President Trump could walk through the park for a photo opportunity.

Two National Guard helicopters also flew low over protesters during the incident in an effort to disperse them.

McCarthy said the Army completed its portion of an investigation of the incident and turned it over to the Pentagon’s Inspector General. The Army Secretary declined to predict if the report would be released before the election.

“It’s my understanding that it’s imminent, and it’ll be released when it’s completed,” he said.

McCarthy also defended the use of the National Guard during the civil unrest in Washington, D.C. following the death of George Floyd.

“I wouldn’t characterize us being dragged onto the scene,” he said. “The protests became very violent on Sunday evening, in particular, of that week, and it was necessary to bring in the support to help local law enforcement and federal law enforcement officials, due to the tremendous damage, police officers, and Guardsmen being injured.”

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The Law Offices of Frank R. Cruz Continues Its Investigation of Loop Industries, Inc. (LOOP) on Behalf of Investors

The Law Offices of Frank R. Cruz continues its investigation of Loop Industries, Inc. (“Loop” or the “Company”) (NASDAQ: LOOP) on behalf of investors concerning the Company’s possible violations of federal securities laws.

If you are a shareholder who suffered a loss, click here to participate.

On October 13, 2020, Hindenburg Research published a report alleging, among other things, that “[a] former Loop employee told us that Loop’s scientists, under pressure from CEO Daniel Solomita, were tacitly encouraged to lie about the results of the company’s process internally. We have obtained internal documents and photographs to support their claims.” The report also stated that “Loop’s previous claims of breaking PET down to its base chemicals at a recovery rate of 100% were ‘technically and industrially impossible,’” according to a former employee. Moreover, the report alleged that “Executives from a division of key partner Thyssenkrupp, who Loop entered into a ‘global alliance agreement’ with in December 2018, told us their partnership is on ‘indefinite’ hold and that Loop ‘underestimated’ both costs and complexities of its process.”

On this news, Loop’s stock price fell as much as 33% during intraday trading on October 13, 2020.

Follow us for updates on Twitter: twitter.com/FRC_LAW.

If you purchased Loop securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Frank R. Cruz, of The Law Offices of Frank R. Cruz, 1999 Avenue of the Stars, Suite 1100, Los Angeles, California 90067 at 310-914-5007, by email to [email protected], or visit our website at www.frankcruzlaw.com. If you inquire by email please include your mailing address, telephone number, and number of shares purchased.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

View source version on businesswire.com: https://www.businesswire.com/news/home/20201013006158/en/

Contacts

The Law Offices of Frank R. Cruz, Los Angeles
Frank R. Cruz, 310-914-5007
[email protected]
www.frankcruzlaw.com

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Sunak Urged to Use English Law to Protect Indebted Poor Nations

(Bloomberg) — U.K. Chancellor of the Exchequer Rishi Sunak could free the poorest nations to fight the coronavirus pandemic by protecting them from “unscrupulous” private creditors, the opposition Labour Party said.

With English law governing a significant share of the sovereign debt issued by developing nations, Shadow Chancellor Anneliese Dodds called for legislation to protect those countries from being sued for debt recovery by private lenders. It’s time, she said, for the government to show leadership on debt forgiveness in the way successive U.K. governments did a decade ago following the financial crisis.



a man wearing a suit and tie: U.K. Chancellor of the Exchequer Sunak Presents 'Winter Economy Plan'


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U.K. Chancellor of the Exchequer Sunak Presents ‘Winter Economy Plan’

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“A global debt crisis would not just undermine the fight against the virus, but drive up poverty, increase political instability and hamper efforts to address climate change,” Dodds wrote in a letter to Sunak ahead of a meeting of Group of 20 finance ministers on Wednesday.

The Treasury didn’t immediately respond to a request for comment.

Some 73 of the world’s poorest nations could potentially benefit from $11.5 billion of savings under a program called the Debt Service Suspension Initiative agreed by G-20 nations in April, according to World Bank estimates. The program runs through the end of the year, and the U.K. is among nations that support extending it beyond then.

Showing Leadership

But the plan is only voluntary for private creditors. Eligible countries can ask them for the same freeze, but only a handful have done so out of fear they could fall into default and be locked out of debt markets for years.

Labour, citing International Monetary Fund data, said English law governs 46% of the total outstanding stock of international sovereign bonds. That proportion rises to 90% of debt issued by the nations benefiting from the forgiveness program, according to the Jubilee Debt Campaign.

“A powerful show of leadership would be for the U.K. to bring forward legislation that amends English law, temporarily limiting the ability of private creditors to sue for debt recovery for the 73 countries covered by the DSSI,” Dodds said.

She pointed to existing laws introduced by Labour and passed by the Conservative-led government that succeeded it in 2010, covering the debt of 45 nations issued before 2004.

“Similar legislation for the current crisis, brought forward after consultation, would provide a lifeline for some of the world’s poorest countries and prevent so-called ‘vulture funds’ profiteering from the economic distress caused by the pandemic,” Dodds said.

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‘It’s not the law of Amy’: SCOTUS nominee Barrett faces Dem skepticism on Day 2 of hearings

WASHINGTON — Supreme Court nominee Amy Coney Barrett batted away Democrats’ skeptical questions Tuesday on abortion, health care and a possible disputed-election fight over transferring presidential power, insisting in a long and lively confirmation hearing she would bring no personal agenda to the court but decide cases “as they come.”

The 48-year-old appellate court judge declared her conservative views with often colloquial language, but refused many specifics. She declined to say whether she would recuse herself from any election-related cases involving President Donald Trump, who nominated her to fill the seat of the late Justice Ruth Bader Ginsburg and is pressing to have her confirmed before the the Nov. 3 election.

“Judges can’t just wake up one day and say I have an agenda — I like guns, I hate guns, I like abortion, I hate abortion — and walk in like a royal queen and impose their will on the world,” Barrett told the Senate Judiciary Committee during its second day of hearings.

“It’s not the law of Amy,” she said. “It’s the law of the American people.”

Barrett returned to a Capitol Hill mostly locked down with COVID-19 protocols, the mood quickly shifting to a more confrontational tone from opening day. She was grilled by Democrats strongly opposed to Trump’s nominee yet unable to stop her. Excited by the prospect of a judge aligned with the late Antonin Scalia, Trump’s Republican allies are rushing ahead to install a 6-3 conservative court majority for years to come.

The president seemed pleased with her performance. “I think Amy’s doing incredibly well,” he said at the White House departing for a campaign rally.

Trump has said he wants a justice seated for any disputes arising from his heated election with Democrat Joe Biden, but Barret testified she has not spoken to Trump or his team about election cases. Pressed by panel Democrats, she skipped past questions about ensuring the date of the election or preventing voter intimidation, both set in federal law, and the peaceful transfer of presidential power. She declined to commit to recusing herself from any post-election cases without first consulting the other justices.

“I can’t offer an opinion on recusal without short-circuiting that entire process,” she said.

A frustrated Sen. Dianne Feinstein, the top Democrat on the panel, all but implored the nominee to be more specific about how she would handle landmark abortion cases, including Roe v. Wade and the follow-up Pennsylvania case Planned Parenthood v. Casey, which confirmed it in large part.

“It’s distressing not to get a good answer,” Feinstein told the judge.

Barrett was unmoved. “I don’t have an agenda to try to overrule Casey,” she said. “I have an agenda to stick to the rule of law and decide cases as they come.”

She later declined to characterize the Roe v. Wade decision that legalized abortion as a “super-precedent” that must not be overturned.

Democrats had no such reticence.

Let’s not make any mistake about it,” said California Sen. Kamala Harris, the Democratic

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Twitter to pay $100,000 for violating Washington campaign disclosure law

Twitter will pay $100,000 for failing to retain required records about political ads from Washington candidates that ran over a seven-year period before the social media platform banned all political advertising.

Twitter agreed to pay the fine, which is about half the amount the company received from Washington candidates’ political advertising from 2012 to 2019, to Washington’s Public Disclosure Transparency Account, Attorney General Bob Ferguson announced Tuesday. The fine comes after Ferguson announced his intention over the summer to sue the company over campaign finance violations

Under Washington’s campaign finance law, commercial advertisers must keep certain information, such as candidates’ names, the cost of the ad and who paid for it and on what date, and the name and address of the ad sponsor. According to the attorney general’s office, at least 38 Washington candidates and committees paid $194,550 for advertising on Twitter, and the company didn’t maintain the required information.

In an emailed statement, Twitter said the resolution is “reflective of our commitment to transparency and accountability. The company ended all political advertising on its platform in November 2019, which was a decision “in line with our belief that the reach of political speech should be earned and not bought.”

In the judgment, Twitter agreed to pay the fine but didn’t waive its ability to contend in the future that its exempt from public transparency laws.

The actions from the Attorney General’s office were prompted by research from Tallman Trask, a University of Washington law student and political activist who requested information from Twitter about a dozen local campaigns. After Twitter failed to provide the requested information, he filed a complaint to the Washington State Public Disclosure Commission on Oct. 30, 2019 — the same day Twitter CEO Jack Dorsey announced the platform would stop political advertising.

Trask called the announcement great news for Washington voters.

“It’s particularly good news for fairness in election advertising in our state,” Trask said in an interview. “It’s a question of whether or not companies are following the laws that the people want in place, and that other companies have followed for decades. It’s more about ensuring fairness than ensuring fines.”

The judgment is part of a series of lawsuits filed by the Attorney General’s office against tech companies related to political advertising. Facebook and Google paid more than $450,000 to settle twin lawsuits in 2018, when Ferguson’s office asserted that the tech giants violated campaign transparency laws.

Facebook and Google announced after the 2018 settlement that each company would stop selling political ads, but continued to do so. Ferguson filed another lawsuit in April against Facebook, saying the company has “repeatedly and openly” violated state laws.

In contrast with Facebook,

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Law Offices of Howard G. Smith Announces Investigation of Homology Medicines, Inc. (FIXX) on Behalf of Investors

BENSALEM, Pa.–(BUSINESS WIRE)–Oct 13, 2020–

Law Offices of Howard G. Smith announces an investigation on behalf of Homology Medicines, Inc. (“Homology” or the “Company”) (NASDAQ: FIXX ) investors concerning the Company’s possible violations of federal securities laws.

In June 2019, the Company launched a dose-escalation Phase 1/2 clinical trial for HMI-102, its lead product candidate for the treatment of phenylketonuria. Homology “reported encouraging safety and efficacy data from the dose-escalation portion of the trial” and claimed that the data showed HMI-102 “produced a sustained reduction in phenylalanine (Phe).”

Then, on July 21, 2020, Mariner Research published a report, alleging that the Company’s comments “conveniently ignor[ed] the implications to efficacy and the business.” Citing data from a mouse study, the Phase 1/2 trial, and a key patient’s Facebook posts, the report concluded that HMI-102 “therapy is showing zero efficacy even for a high dose patient,” signifying that “the HMI-102 program is dead in the water.” Moreover, citing internal emails and analyst reports, Mariner Research claimed Homology had selectively discussed the patient’s Facebook posts with sell side analysts covering Homology and major investors.

On this news, the Company’s stock price fell $1.71 per share, or more than 10%, over three consecutive trading sessions to close at $14.77 per share on July 24, 2020, thereby injuring investors.

If you purchased Homology securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to [email protected], or visit our website at www.howardsmithlaw.com.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

View source version on businesswire.com:https://www.businesswire.com/news/home/20201013005999/en/

CONTACT: Law Offices of Howard G. Smith

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215-638-4847

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Amy Coney Barrett dodges abortion, healthcare and election law questions

On the second day of hearings before the Senate judiciary committee, Democrats pressed supreme court nominee Amy Coney Barrett on healthcare, election law and abortion rights – and met with little success.



a person standing in front of a counter: Photograph: Demetrius Freeman/EPA


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Photograph: Demetrius Freeman/EPA

Related: ‘Slayer Pete’: Buttigieg emerges as Biden’s unlikely Fox News fighter

Donald Trump’s third nominee for the highest court dodged questions on how she might rule on a challenge to the Affordable Care Act (ACA); if she would recuse herself from any lawsuit about the presidential election; and whether she would vote to overturn the landmark 1973 ruling Roe v Wade, which made abortion legal.



a man standing in front of a counter: Supreme court nominee Judge Amy Coney Barrett testifies during the Senate judiciary committee hearing on Tuesday.


© Photograph: Demetrius Freeman/EPA
Supreme court nominee Judge Amy Coney Barrett testifies during the Senate judiciary committee hearing on Tuesday.

Barrett argued that she was not a pundit, citing remarks by Justice Elena Kagan and the late Ruth Bader Ginsburg in saying that outside of reviewing a specific case, it was not her place to offer a position.

“No hints, no previews, no forecasts,” Barrett quoted Ginsburg as saying, after the California senator Dianne Feinstein questioned her about how she might rule in any case challenging the legality of abortion.

Barrett is a devout Catholic whose previous statements and affiliations have been closely examined by Democrats and the media. Trump has said overturning Roe v Wade would be “possible” with Barrett on the court.

At another point in Tuesday’s hearing, Barrett cited Kagan in saying she would not give “a thumbs up or thumbs down” on any hypothetical ruling.

Most of the questioning from Democrats centered on the ACA, known popularly as Obamacare, and how a ruling by the high court overturning the law would take away healthcare from millions of Americans. A hearing is due a week after election day. Democrats see protecting the ACA as a productive electoral tactic, having focused on it in the 2018 midterms, when they took back the House.

Barrett said she was not hostile to the ACA, or indeed abortion or gay rights, another area worrying progressives as the court seems set to tilt to a 6-3 conservative majority. Barrett said she was simply focused on upholding the law.

“I am not hostile to the ACA,” Barrett said. “I apply the law, I follow the law. You make the policy.”

Video: Barrett refuses to address whether Roe v. Wade should be overturned, despite prodding from Sen. Feinstein (CNBC)

Barrett refuses to address whether Roe v. Wade should be overturned, despite prodding from Sen. Feinstein

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Asked about gay rights, Barrett said: “I would not discriminate on the basis of sexual preference.”

Her choice of words conspicuously suggested that to her, sexuality is a choice. Amid scrutiny of Barrett’s past, meanwhile, it has been reported that she was a trustee at a school whose handbook included stated opposition to same-sex marriage

Republican senators also questioned Barrett on healthcare, the Iowa senator Chuck Grassley asking if she had been asked during the nomination process if

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The Law Offices of Frank R. Cruz Announces Investigation of Loop Industries, Inc. (LOOP) on Behalf of Investors

The Law Offices of Frank R. Cruz announces an investigation of Loop Industries, Inc. (“Loop” or the “Company”) (NASDAQ: LOOP) on behalf of investors concerning the Company’s possible violations of federal securities laws.

If you are a shareholder who suffered a loss, click here to participate.

On October 13, 2020, Hindenburg Research published a report alleging, among other things, that “[a] former Loop employee told us that Loop’s scientists, under pressure from CEO Daniel Solomita, were tacitly encouraged to lie about the results of the company’s process internally. We have obtained internal documents and photographs to support their claims.” The report also stated that “Loop’s previous claims of breaking PET down to its base chemicals at a recovery rate of 100% were ‘technically and industrially impossible,’” according to a former employee. Moreover, the report alleged that “Executives from a division of key partner Thyssenkrupp, who Loop entered into a ‘global alliance agreement’ with in December 2018, told us their partnership is on ‘indefinite’ hold and that Loop ‘underestimated’ both costs and complexities of its process.”

On this news, Loop’s stock price fell as much as 33% during intraday trading on October 13, 2020.

Follow us for updates on Twitter: twitter.com/FRC_LAW.

If you purchased Loop securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Frank R. Cruz, of The Law Offices of Frank R. Cruz, 1999 Avenue of the Stars, Suite 1100, Los Angeles, California 90067 at 310-914-5007, by email to [email protected], or visit our website at www.frankcruzlaw.com. If you inquire by email please include your mailing address, telephone number, and number of shares purchased.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

View source version on businesswire.com: https://www.businesswire.com/news/home/20201013006085/en/

Contacts

The Law Offices of Frank R. Cruz, Los Angeles
Frank R. Cruz, 310-914-5007
[email protected]
www.frankcruzlaw.com

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The Law Offices of Frank R. Cruz Announces Investigation of Homology Medicines, Inc. (FIXX) on Behalf of Investors

The Law Offices of Frank R. Cruz announces an investigation of Homology Medicines, Inc. (“Homology” or the “Company”) (NASDAQ: FIXX) on behalf of investors concerning the Company’s possible violations of federal securities laws.

If you are a shareholder who suffered a loss, click here to participate.

In June 2019, the Company launched a dose-escalation Phase 1/2 clinical trial for HMI-102, its lead product candidate for the treatment of phenylketonuria. Homology “reported encouraging safety and efficacy data from the dose-escalation portion of the trial” and claimed that the data showed HMI-102 “produced a sustained reduction in phenylalanine (Phe).”

Then, on July 21, 2020, Mariner Research published a report, alleging that the Company’s comments “conveniently ignor[ed] the implications to efficacy and the business.” Citing data from a mouse study, the Phase 1/2 trial, and a key patient’s Facebook posts, the report concluded that HMI-102 “therapy is showing zero efficacy even for a high dose patient,” signifying that “the HMI-102 program is dead in the water.” Moreover, citing internal emails and analyst reports, Mariner Research claimed Homology had selectively discussed the patient’s Facebook posts with sell side analysts covering Homology and major investors.

On this news, the Company’s stock price fell $1.71 per share, or more than 10%, over three consecutive trading sessions to close at $14.77 per share on July 24, 2020, thereby injuring investors.

Follow us for updates on Twitter: twitter.com/FRC_LAW.

If you purchased Homology securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Frank R. Cruz, of The Law Offices of Frank R. Cruz, 1999 Avenue of the Stars, Suite 1100, Los Angeles, California 90067 at 310-914-5007, by email to [email protected], or visit our website at www.frankcruzlaw.com. If you inquire by email please include your mailing address, telephone number, and number of shares purchased.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

View source version on businesswire.com: https://www.businesswire.com/news/home/20201013006049/en/

Contacts

The Law Offices of Frank R. Cruz, Los Angeles
Frank R. Cruz, 310-914-5007
[email protected]
www.frankcruzlaw.com

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Biden Son-In-Law Advises Campaign on Pandemic Response while Investing in COVID Startups

Joe Biden’s son-in-law Howard Krein is an informal adviser to the Democratic presidential candidate on the response to the coronavirus pandemic, while simultaneously investing in health-care startups to address the pandemic, Politico reported on Tuesday.

Krein’s venture capital business, StartUp Health, announced in April that it would invest in ten medical startup companies that craft solutions to issues posed by the pandemic. At the same time, Krein was among several individuals speaking with the Biden campaign regarding its health policy.

The initiative by StartUp Health was dubbed the “Pandemic Response Health Moonshot,” language that echoes Biden’s own “Cancer Moonshot” project from his last year in the Obama administration.

Krein’s position raises questions about a possible conflict of interest for the Biden campaign. A campaign official confirmed to Politico that Krein was an informal adviser who has participated in calls with the candidate on pandemic response.

“I have little doubt that the relationship to Joe Biden, particularly if he becomes president, would attract the interest of some investors,” Avik Roy, founder of investment firm Roy Healthcare Research, told Politico. Roy is a former adviser to Senators Marco Rubio (R., Fla.) and Mitt Romney (R., Utah).

The news follows a series of disclosures detailing that Biden’s son Hunter pursued while his father was serving as vice president. According to a Senate Intelligence Committee report released in September, “Hunter Biden received millions of dollars from foreign sources as a result of business relationships that he built during the period when his father was vice president of the United States and after.”

In particular, Hunter Biden and his business partner Devon Archer engaged in monetary transactions with Ye Jianming, a Chinese businessman with connections in the Communist Party and People’s Liberation Army. Archer was convicted of defrauding a Native American tribe in 2018, and has a sentencing hearing scheduled for this coming January.

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