Closing Bell: Live Markets Blog

The major U.S. indices came down from their session highs but closed Tuesday's session in the green across the board, pushing the across the board winning streak to four days. The Dow Jones Industrial Average rose 0.57%, or 142 points to 24,919, while the Nasdaq climbed 0.04%, or 3 points to 7,759 after spending some time in the red Tuesday afternoon, and the S&P 500 gained 0.35%, or 10 points to 2,794.

Ripple Labs Faces Third Securities Fraud Suit Over Its XRP Cryptocurrency

Ripple Labs Inc. was hit by a third class action securities fraud lawsuit in California seeking to classify the company's XRP cryptocurrency as a security subject to California's Corporations Code. CT-born, New York-based legal tech reporter covering everything from in-house technology disruption to privacy trends, blockchain, AI, cybersecurity, and ghosts-in-the-machine.

U.S. Supreme Court to Review Whether Lawsuit Accusing Apple of App Store Monopoly Should Proceed

In 2011, a class action lawsuit filed against Apple accused the company of operating an illegal monopoly by not allowing iPhone users to download mobile apps outside of its own App Store, reducing consumer choice. The antitrust case was eventually dismissed in 2013 by a U.S. district court in Northern California, due to errors in the complaint, leading to the U.S. Court of Appeals for the Ninth Circuit allowing it to proceed in 2017 .

Kim Kardashian West to Jerry Brown: Test the DNA of Kevin Cooper

Kim Kardashian West, coming off her a recent a success in getting President Trump to pardon a grandmother serving a life sentence, has taken to Twitter to ask California Gov. Jerry Brown to give San Quentin death row inmate Kevin Cooper the DNA tests he has been denied, tests which could prove his innocence. a Cooper has been imprisoned for 34 years for a a savage crime he insists he did not commit-the slaughter of chiropractors and Arabian horse breeders Doug and Peggy Ryen, both 47, their 10-year-old daughter Jessica, and her 11-year-old friend Christopher Hughes, in 1983.

Senate Judiciary Committee takes up #MeToo in courts

The Senate Judiciary Committee will hear testimony related to judicial misconduct on Wednesday, including from a Washington lawyer who says she collected numerous accounts of sexual harassment by judges, in the first public airing of U.S. judges' #MeToo moment. Jaime Santos says that after women went public last December with complaints against California-based U.S. Appeals Court Judge Alex Kozinski, she and colleagues began trying to address the larger harassment issue by talking to women who had worked closely with federal judges in prestigious law clerk positions.

Senate Judiciary votes 11 to 10 to forward Ryan Bounds’ 9th Circuit nomination to Senate floor

The Senate Judiciary Committee Thursday voted 11 to 10 along party lines to forward the nomination of Oregon assistant U.S. Attorney Ryan Bounds for a vacancy on the 9th U.S. Circuit Court of Appeals to the Senate floor for confirmation. The vote followed recriminations by Democratic senators who accused Republicans of "gutting checks and balances,'' in their rush to stack the federal courts with conservative judges who are ideologically aligned.

‘Star Trek’/Dr. Seuss Mashup Creator Beats Trademark Claims

If ComicMix survives a legal challenge to its mashup of Star Trek and Dr. Seuss, and it boldly took a step in that direction on Monday, it will be largely due to a judge's mashup of a 1986 Federico Fellini film and the Fox hip-hop drama Empire . ComicMix is fighting a lawsuit brought by Dr. Seuss Enterprises over a crowd-funded book project titled Oh, The Places You'll Boldly Go! Almost a year ago, ComicMix nearly got U.S District Court Judge Janis Sammartino to dismiss all trademark claims because of nominative fair use, a doctrine that allows someone to use another's mark for purposes of commentary, criticism, comparative advertising or parody.

Specific Personal Jurisdiction Exists over a Foreign Transferee in a Fraudulent Transfer Action

The United States Bankruptcy Court for the Northern District of California recently held that a resident of Hong Kong who purchased goods over the internet from a company in California was subject to personal jurisdiction in a fraudulent transfer suit in the United States. See Kasolas v.

California Appeals Court Judges Question Trumpa s Move to End DACA

A federal appeals court in California grappled on Tuesday with a case regarding the Trump administration's legal justifications for terminating DACA, the Obama-era program that protects young undocumented immigrants who came to the United States as children from deportation. The three-judge panel of the 9th US Circuit Court of Appeals seemed concerned about how the Trump administration decided to unwind the DACA program, whether the move had violated the equal protection rights of the recipients and if the court should take presidential tweets and statements in consideration as they considered the case.

The Latest: Supporters seek shielding of young immigrants

The Latest on a federal appeals court hearing in California on the battle over an Obama-era policy that shielded certain young immigrants from deportation : Supporters of an Obama-era policy that shielded certain young immigrants from deportation have gathered in Pasadena, California, where the 9th U.S. Circuit Court of Appeals will hear arguments over ending the program. About 40 people are on hand Tuesday, carrying signs that say "Immigrant rights are human rights" and "Our strength stems from our roots."

Dreamers Face Crucial Test as Trump Urges Court to Undo Policy

The future of kids brought into the U.S. by their undocumented parents faces a crucial test in a federal appeals court in California. The Trump administration seeks to knock down one of a trio of lower-court decisions that have barred the government from ending the program for so-called Dreamers that allowed the children to stay in the country.