Savitt’s move is notable even in an industry gripped by a transfer-market fren y in recent years, where superstars are offered pay packages in excess of $20mn a year to jump ship. Such moves have largely applied to top M&A and private equity lawyers, who produce a large and growing fee pool that is more predictable than litigation work. Savitt’s…
Former congressman George Santos will pay more than $35,000 to settle a regulator’s claim that he manipulated wagers on prediction market Kalshi over whether he would attend the State of the Union. The Commodity Futures Trading Commission said Friday that Santos made over $17,000 by making timely bets on his attendance at the president’s annual address to Congress. The regulator…