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Joseph J. Simons is no stranger to the Federal Trade Commission, having previously headed up its bureau of competition for more than two years. (AP)

Trump Nominates Joseph Simons Of Paul Weiss As FTC Chair

President Donald Trump has selected Joseph J. Simons of Paul Weiss Rifkind Wharton & Garrison LLP to lead the Federal Trade Commission in a bid to fill one of the major gaps in his administration’s leadership on antitrust and merger policy, Sen. Orrin Hatch said Wednesday.

  • Capacitor Maker Nippon Chemi-Con Indicted For Price-Fixing

    A federal grand jury indicted Nippon Chemi-Con Corp. for participating in a long-running conspiracy to fix prices for electrolytic capacitors, the U.S. Department of Justice announced Wednesday.

  • Menendez 'Not Angry' Over Medicare Policy, Ex-Staffer Says

    A former staffer of Sen. Bob Menendez on Wednesday said the senator did not speak in an angry tone in 2009 when challenging a policy underlying an $8.9 million Medicare overbilling dispute involving a Florida ophthalmologist, contradicting earlier testimony from a government witness at the senator and doctor's bribery trial.

  • Trump Travel Ban Blocked Again, By Md. Judge This Time

    The latest iteration of President Donald Trump’s ban on travel to the U.S. by nationals from several predominantly Muslim countries hit another roadblock early Wednesday morning when a Maryland federal judge halted much of its implementation based on the fact that it likely violates the U.S. Constitution.

  • Macaroni Grill Owner Hits Ch. 11 With Deal To Reorganize

    The owner of Romano’s Macaroni Grill casual restaurant chain filed for Chapter 11 protection in Delaware on Wednesday with a support agreement from its largest creditors in hand that aims to reorganize the company as a going concern and slash some of its roughly $30 million in secured debt.

  • 2nd Circ. Won't Revive Ex-Faruqi Atty's Commissions Suit

    A Second Circuit panel on Wednesday torpedoed a former Faruqi & Faruqi LLP partner’s bid for a cut of $4 million the firm had earned on a settlement for a client she'd brought in, ruling that a New York federal judge hadn’t erred in concluding her oral compensation agreement with the firm wasn’t enforceable under state law.

  • Sessions Defends Trump Admin. On Immigration At Senate

    Attorney General Jeff Sessions hailed the administration’s halt of the Deferred Action for Childhood Arrivals program, its defense of the travel ban and other administration actions Wednesday, telling a Senate panel Congress should go further to “end the lawlessness” nationwide.

  • 50 Cent Wins Fees In 'P.I.M.P.' Suit Filed During Bankruptcy

    A Connecticut bankruptcy judge granted minor sanctions Tuesday against a music producer and manager who tried to pursue copyright litigation against rapper 50 Cent over a hit song even as he was under the protection of bankruptcy, saying the violation was knowing and purposeful.

  • Stericycle Agrees To $295M Deal In Overcharging MDL

    Medical waste disposal company Stericycle Inc. has agreed to pay $295 million to exit multidistrict litigation over allegations it ignored customers' contracts to arbitrarily increase prices, attorneys for the plaintiffs told an Illinois federal judge Tuesday.

  • Two Of Dewey's 'Secret Seven' Sentenced To No-Jail Terms

    Two former Dewey & LeBoeuf LLP support pros who admitted to misdemeanor offenses and testified against the fallen firm's three top ex-executives were freed from the BigLaw criminal saga Tuesday by a New York state judge, who credited their cooperation.

  • Del. Jury Clears Plantronics In $600M Antitrust Trial

    A federal jury in Delaware on Wednesday cleared telephone headset maker Plantronics Inc. of antitrust claims asserted by Jabra brand parent GN Netcom Inc., finding after a weeklong trial that its so-called Plantronics-only distributors do not violate the Sherman and Clayton acts.

  • Crist Visit To Menendez Doc Used To Counter Bribery Charges

    Rep. Charlie Crist, D-Fla., showed up unannounced in 2010 at the home of a Florida ophthalmologist and slept there on the same weekend when Sen. Bob Menendez traveled to and from the Sunshine State at the physician’s expense, according to testimony Tuesday at the senator and doctor’s bribery trial.

  • J&J Wins Mo. Appeal Of $72M Talc Cancer Verdict

    A Missouri appeals court on Tuesday tossed a jury’s finding that Johnson & Johnson’s talcum powder caused a woman’s fatal ovarian cancer and award of $72 million in damages, ruling the Alabama woman’s case should never have been tried in St. Louis.