
Here's why eternal bachelor and expectant father Al Pacino, 83, never got married
Al Pacino and Noor Alfallah have reportedly been quietly dating since the pandemic
2023-05-31 14:24

Ticketmaster halts Taylor Swift ticket sales in France, cites issue with third-party provider
Ticketmaster abruptly postponed ticket sales for six of Taylor Swift's upcoming shows in France on Tuesday
2023-07-12 08:29

Portugal is starting the atoning process for clergy sex abuse. Here's what other countries have done
The Catholic Church in the United States, Australia and some other countries began coming to terms with their clergy sexual abuse legacies years ago and set up mechanisms to compensate victims
2023-07-27 14:20

Where are 'Hell's Kitchen' Season 20 contestants now? Chefs continue to flourish after end of Gordon Ramsay's cooking show
It is fair to wonder current whereabouts of the contestants of 'Hell's Kitchen' Season 20
2023-09-27 07:23

'He's stealin' it': Travis Kelce trolled as he files to trademark commonplace catchphrase 'Alright Nah'
Kansas City Chiefs star Travis Kelce applies for 5 new trademarks as his relationship with Taylor Swift grows
2023-11-01 15:57

Billionaire whose family trust owns Spurs denies insider trading – reports
British billionaire Joe Lewis – whose family trust owns Tottenham – has been bailed by a judge in New York after pleading not guilty to charges of giving insider trading tips, according to reports. The 86-year-old, who faces 16 counts of securities fraud and three counts of conspiracy, appeared at an arraignment hearing at Manhattan Federal Court on Wednesday. After entering a not guilty plea Lewis was released on a bail of 300 million US dollars (£230m), reportedly secured by a yacht and private aircraft equivalent to that amount. Lewis, and two of his pilots who are also facing charges, must remain in the United States. Prosecutors say Lewis, who was arrested on Wednesday morning, is alleged to have used his access to confidential information to provide stock tips to individuals close to him, with the indictment referring to one girlfriend having made 849,000 US dollars (£657,000) on one of those tip-offs. Lewis’ legal counsel David Zornow, from the Skadden, Arps, Slate, Meagher & Flom firm, said: “The government has made an egregious error in judgment in charging Mr Lewis, an 86-year-old man of impeccable integrity and prodigious accomplishment. “Mr Lewis has come to the US voluntarily to answer these ill-conceived charges, and we will defend him vigorously in court.” Each of the first 13 counts of securities fraud carries a maximum sentence of 20 years in prison, Manhattan prosecutors said in a statement issued on Wednesday. The US Attorney for the Southern District of New York, Damian Williams, announced on Tuesday that Lewis had been indicted over a “brazen insider trading scheme”. Prosecutors said Lewis, by virtue of his investments in certain companies, received material and non-public information about these companies. A release from prosecutors on Wednesday alleged Lewis had “misused and misappropriated this confidential information to provide stock tips to various individuals in his life, including his employees, romantic partners, and friends, as a way to provide them with compensation and gifts”. It added: “These individuals, in turn, traded on the tips provided by Lewis for vast personal gain.” Lewis bought a controlling stake in Spurs in 2001 for £22million. He officially ceded control of the club last year, with Bahamian lawyer Bryan A Glinton replacing him as a director according to Companies House. His stake in the club – which he held through the ENIC Group alongside Daniel Levy – was formally handed to a family trust last year. Family members of Lewis remain beneficiaries of the trust. PA understands the Premier League does not consider Lewis as a person with control at Tottenham, and is therefore not subject to its owners’ and directors’ test. A Tottenham spokesperson said: “This is a legal matter unconnected with the club and as such we have no comment.” US prosecutors said Lewis is also alleged to have falsely disclosed the extent of his ownership shares in a pharmaceutical company, Mirati, “through an elaborate array of shell companies and other entities, including an offshore trust purportedly for the benefit of his granddaughter”. As a result of this alleged false disclosure, prosecutors said he was able to exercise warrants in Mirati that he would otherwise not have been able to exercise, “at vast financial gain”. Also charged were Patrick O’Connor and Bryan Waugh, two pilots employed by Lewis to fly his private aircraft. In one instance, it is alleged Lewis loaned each of them 500,000 US dollars (more than £387,000) to buy shares in a company before it publicly announced favourable information about some clinical results. This type of behaviour - blatant disregard for the law - is not only illegal but undermines the integrity of our financial markets. Christie M Curtis, FBI Federal Bureau of Investigation (FBI) acting assistant director in charge Christie M Curtis said: “As alleged, Mr Lewis treated material, non-public information at his disposal as though it was something he could give his friends and associates for their benefit. “This type of behaviour – blatant disregard for the law – is not only illegal but undermines the integrity of our financial markets. “The FBI is determined to ensure that anyone willing to perpetrate insider trading schemes is held accountable in the United States criminal justice system.” Read More Charity boss speaks out over ‘traumatic’ encounter with royal aide Ukraine war’s heaviest fight rages in east - follow live Kylian Mbappe reportedly turns down chance to discuss move to Al Hilal Sussex head coach Paul Farbrace says Jofra Archer is ‘on course’ for World Cup Tom Latham and Will Jacks both make 99 as Surrey build lead over Somerset
2023-07-27 04:57

DeSantis uninjured after being involved in car accident Tuesday, campaign says
Florida Gov. Ron DeSantis was not injured after being involved in a car accident Tuesday morning in Tennessee, his campaign tells CNN.
2023-07-25 21:25

Writers Guild board votes to authorize members to go back to work
Leaders of the Writers Guild of America have unanimously voted to authorize its members to return to work following the tentative agreement reached Sunday between union negotiators and Hollywood's studios and streaming services, effectively ending the months-long strike that has paralyzed the industry.
2023-09-27 08:52

Tristan Tate exposes dating app doppelgangers, unveils mystery behind his face as go-to profile pic: 'I’m a super popular catfish avatar'
Former kickboxer turned influencer Tristan Tate sparks discussion on fake dating profiles, humorously questioning why his pictures are used worldwide
2023-07-16 14:51

Two teachers called out far-right activities at their German school. Then they had to leave town.
Two teachers in eastern Germany say they spent months unsuccessfully trying to counter the far-right atmosphere at their small town high school
2023-07-25 14:26

Daisy Ridley 'petrified' by Star Wars return
Daisy Ridley has confessed she felt 'petrified' and 'overwhelmed' after it was announced she would be returning to film another Star Wars movie because she was worried about the response from fans
2023-11-22 16:17

Boeing, Spirit expand scope of inspection for 737 MAX quality problem - The Air Current
Boeing and Spirit Aerosystems earlier this week expanded the scope of their ongoing inspections related to aft pressure
2023-10-13 06:54
You Might Like...

Mother of ‘hell on wheels’ teen who caused double murder crash pleaded with judge to spare her before life imprisonment

From ‘unpromotable’ to the Champions League: Union Berlin fairytale is perfect antidote to modern football

Luxembourg country profile

Abu Dhabi Oil Giant Adnoc Makes Takeover Approach for Covestro

EU banks face liquidity checks next year after 2023 crises

College GameDay crew has clearly not seen Iowa play this season

Charli D'Amelio: 3 cutest sheer dresses that TikTok queen owns and carries gracefully

Stocks retreat, US yields advance, dollar strengthens on hawkish Fed