Correspondent, Miami
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Apr 23, 2015

Ex-Jasper Johns aide gets one and a half years in prison for art theft

NEW YORK (Reuters) – A former assistant to American artist Jasper Johns was sentenced to 1-1/2 years in prison on Thursday for scheming to sell 22 unfinished works that he stole from his boss’ studio.

James Meyer, 53, was also ordered by U.S. District Judge Paul Oetken in Manhattan to forfeit and pay restitution totaling more than $17 million after pleading guilty last year to unlawfully transporting art works stolen from Johns.

Apr 22, 2015

Banks seek to block Target’s deal with MasterCard over data breach

By Tom Brown

(Reuters) – A group of small banks and credit unions suing
Target Corp over its massive data breach in 2013 are
moving to block the retailer’s proposed $19 million settlement
with MasterCard Inc, calling it a “sweetheart deal” aimed
at undercutting their own claims for losses.

Lawyers for plaintiffs in the lawsuit, which seeks
class-action status, filed an emergency motion late Tuesday
asking a federal judge in St. Paul, Minnesota, for a preliminary
injunction that would prevent the settlement announced on March
19 from going through.

Apr 22, 2015

Two ex-New York investment firm employees convicted in Ponzi fraud

NEW YORK (Reuters) – Two former employees of a New York
investment firm were found guilty on Tuesday of helping to run a
Ponzi scheme that bilked around 3,800 investors of out of about
$147 million, authorities said.

Diane Kaylor and Jason Keryc, former employees of Long
Island-based Agape World Inc, were convicted by a federal jury
in Central Islip, New York, of charges that included securities
fraud, conspiracy and mail fraud, according to a statement from
U.S. Attorney’s Office for the Eastern District of New York.

Apr 20, 2015

U.S. judge says Wells Fargo insider trading case may fall short

NEW YORK (Reuters) – An administrative judge hearing an insider trading case against a former Wells Fargo & Co managing director cautioned on Monday that U.S. regulators may have fallen short of tough new requirements for proving insider trading.

U.S. Securities and Exchange Commission Administrative Law Judge Jason Patil delivered the warning to SEC lawyers after hearing arguments in a civil proceeding against Joseph Ruggieri.

Apr 17, 2015

U.S. jury hears Bryant Gumbel testimony in HBO libel trial

By Tom Brown

(Reuters) – A federal jury heard testimony from Bryant Gumbel on Friday at a trial in which HBO faces libel claims over a report aired on the TV journalist’s popular sports news program that focused on child labor in India.

Gumbel’s videotaped deposition came on the fifth day of the trial in U.S. District Court in Manhattan over the report on “Real Sports with Bryant Gumbel” that first aired in September 2008.

Apr 15, 2015

U.S. court upholds racial profiling injunction on Arizona lawman

By Tom Brown

(Reuters) – A federal court on Wednesday largely upheld an
injunction blocking Arizona lawman Joe Arpaio and his Maricopa
County Sheriff’s Office from the unconstitutional practice of
detaining anyone solely on suspicion of being an undocumented
immigrant.

Arpaio, who bills himself as “America’s Toughest Sheriff,”
has been accused in a class action lawsuit of racially profiling
Latino drivers and passengers, and stopping them under the
auspices of enforcing immigration laws.

Apr 14, 2015

HBO tells jury it was ‘generous’ to British firm suing for libel

April 14 (Reuters) – HBO on Tuesday sought to turn the
tables on the British sporting goods company suing it for libel
over a report about child labor in India, telling a federal jury
in Manhattan the claims against it were baseless.

The trial, which opened Monday, follows years of litigation
over the report on “Real Sports with Bryant Gumbel,” which first
aired in September 2008.

Apr 14, 2015

U.S. jury told HBO ‘concocted’ child labor report

By Tom Brown

(Reuters) – A federal jury in Manhattan heard charges about
fiction masquerading as fact on Monday, at the opening of a
trial in which HBO faces libel claims over a report on child
labor in India.

The trial is the culmination of years of litigation over the
report on “Real Sports with Bryant Gumbel,” which first aired in
September 2008.

Apr 13, 2015

HBO goes to trial over alleged ‘hoax’ child labor report

April 13 (Reuters) – Jury selection began on Monday in a
trial in which Home Box Office Inc faces libel claims over a
report linking British sporting goods company Mitre Sports
International to child labor in India.

The trial in federal court in Manhattan is the culmination
of years of litigation over the report on “Real Sports with
Bryant Gumbel,” which first aired in September 2008.

Apr 13, 2015

HBO goes to trial for libel over ‘hoax’ child labor report

April 13 (Reuters) – Jury selection is expected to kick off
Monday in a trial in which Home Box Office Inc faces libel
claims over a report linking British sporting goods company
Mitre Sports International to child labor in India.

The trial in federal court in Manhattan is the culmination
of years of litigation over the report on “Real Sports with
Bryant Gumbel,” which first aired in September 2008.

    • About Thomas

      "Tom Brown joined Reuters in Panama in the late 1980s and wound up back in his native New York, working as a desk editor, after being expelled by Panamanian strongman Manuel Antonio Noriega. A seasoned all-rounder, he has covered financial markets in New York and served as bureau chief in Detroit in addition to postings as a senior correspondent in Latin America. A graduate of City College of New York, Brown often recalls a visit there by veteran New York newspaperman Jimmy Breslin. His advice to would-be reporters was to study anything but journalism. Breslin's point, which still rings true, ..."
      Joined Reuters:
      1987
      Languages:
      Spanish
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