Daily Archives: June 10, 2024, 7:58 am

Cooley Taps Prominent Federal Prosecutor in Silicon Valley as White Collar Defense and Investigations Practice Continues to Grow

John Bostic has joined Cooley’s Palo Alto office as a partner in the firm’s white collar defense and investigations practice and global litigation department. Bostic joins after nearly a decade with the US Attorney’s Office for the Northern District of California, where he tried some of the office’s most significant cases – including the case against Theranos founder and CEO…

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Tesla objects to $5.6 billion payout for lawyers who voided Musk’s pay | Reuters

The legal team that voided Elon Musk’s record Tesla pay package deserves a tiny fraction of the $5.6 billion legal fee they requested because their lawsuit provided almost no benefit for the company, the electric automaker argued in court papers on Friday. Tesla said the legal team for Richard Tornetta, the shareholder whose lawsuit led to a January ruling voiding…

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Former Allianz Fund Manager Pleads Guilty to Defrauding Investors – WSJ

A former Allianz fund manager who ran the investment group responsible for steep losses the firm suffered during the 2020 market meltdown sparked by the Covid-19 pandemic pleaded guilty to fraud charges. Gregoire Tournant, the former chief investment officer at Allianz Global Investors U.S., pleaded guilty Friday before Judge Laura Taylor Swain in the U.S. District Court for the Southern…

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