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2 charged in pastor's wife killing say little in court
Topics in Legal News | 2015/11/28 22:26
Two young men charged in the shooting death of an Indianapolis pastor's pregnant wife gave brief answers to a judge's questions Tuesday during their first court appearance since their arrest.

Marion County Superior Court Judge Grant Hawkins entered not guilty pleas for 18-year-old Larry Taylor Jr. and 21-year-old Jalen Watson and appointed attorneys for the Indianapolis men during their initial hearing on murder, burglary, theft and several other charges. The judge also set a Jan. 8 pretrial conference for both men.

Taylor, who authorities allege fatally shot 28-year-old Amanda Blackburn earlier this month, appeared distracted, swiveling back and forth in his chair. Hawkins told Taylor more than once that he needed to respond clearly and audibly to each of his questions about whether he understood the charges, rather than only "yeah." Watson, however, said "yes" and "yes sir," throughout.

Prosecutors said Taylor and Watson entered through the unlocked front door of Blackburn's home shortly after her husband, Pastor Davey Blackburn, left for the gym about 6 a.m. Nov. 10. A probable cause affidavit says Taylor shot Amanda Blackburn three times, including once in the back of the head.

Watson faces a murder charge because Blackburn was killed during a home burglary and prosecutors allege that he was involved in it.

Marion County Prosecutor Terry Curry said Monday it was not clear whether Blackburn, who was 13 weeks pregnant, had been sexually assaulted; she was found partially nude. Prosecutors have filed a request with the court that seeks to enhance the murder charge Taylor faces, citing that she was pregnant at the time of her killing.

Under the state's request, an additional six to 20 years could be added to Taylor's sentence if he is convicted or pleads guilty to the murder charge, and the jury or judge finds that prosecutors have proven that Taylor caused the termination of her pregnancy.



High court won't hear appeal on mortgage ratings
Topics in Legal News | 2015/11/03 07:47
The Supreme Court won't hear an appeal from shareholders who claim the Standard & Poor's ratings firm made false statements about its ratings of risky mortgage investments that helped trigger the financial crisis.

The justices on Monday let stand a lower court ruling that threw out a lawsuit filed by the Boca Raton Firefighters & Police Pension Fund against S&P's parent company, McGraw-Hill.

A federal appeals court ruled 2-1 that statements about the integrity and credibility of S&P's credit ratings used routine, generic language that did not mislead investors.

The shareholders argued that false statements regarding a central aspect of the company's business were enough to violate federal securities laws.



Woman charged in slayings of Connecticut couple due in court
Topics in Legal News | 2015/11/02 07:47
A Connecticut woman accused of conspiring with her boyfriend to kill his parents when they were considering cutting him out of their will is scheduled to make her first court appearance.

Jennifer Valiante of Westport is expected to be arraigned Monday in Bridgeport Superior Court on charges including conspiracy to commit murder and hindering prosecution. It's not clear if she has a lawyer.

Her boyfriend, 27-year-old Kyle Navin of Bridgeport, is facing murder charges in the slayings of his parents, Jeanette and Jeffrey Navin of Easton. His arraignment hasn't been set. His lawyer declined to comment.

The Navins disappeared Aug. 4 and their bodies were found Thursday in Weston.



Familiar, divisive social issues on Supreme Court agenda
Topics in Legal News | 2015/10/09 11:00
The Supreme Court is starting a new term that promises a steady stream of divisive social issues, and also brighter prospects for conservatives who suffered more losses than usual in recent months.

The justices are meeting in public Monday for the first time since a number of high-profile decisions in June that displayed passionate, sometimes barbed disagreements and suggested some bruised feelings among the nine judges.

The first case before the court involves a California woman who lost her legs in a horrific accident after she fell while attempting to board a train in Innsbruck, Austria. The issue is whether she can sue the state-owned Austrian railway in U.S. courts.

Even before the justices took the bench Monday, they rejected hundreds of appeals that piled up over the summer, including San Jose, California's bid to lure the Athletics from Oakland over the objection of Major League Baseball.

Future cases will deal with abortion, religious objections to birth control, race in college admissions and the power of public-sector unions. Cases on immigration and state restrictions on voting also could make it to the court in the next nine months.

The term will play out against the backdrop of the presidential campaign, in which some candidates are talking pointedly about the justices and the prospect of replacing some of them in the next few years. Four justices are in their 80s or late 70s, led by 82-year-old Ruth Bader Ginsburg.

Commentators on the left and right say the lineup of cases suggests that conservatives will win more often than they will lose over the next few months, in contrast to the liberal side's success last term in gay marriage, health care and housing discrimination, among others.

"This term, I'd expect a return to the norm, in which the right side of the court wins the majority, but by no means all of the cases," said Georgetown University law school's Irv Gornstein.

One reason for the confidence is that, as Supreme Court lawyer John Elwood said: "This is a term of sequels." Affirmative action and union fees have been at the court in recent terms and the justices' positions are more or less known.




Supreme Court declines to review insider trading case
Topics in Legal News | 2015/10/05 10:59
The Supreme Court said Monday it won't hear the Obama administration's appeal of a lower court ruling that made it tougher to prosecute people for trading on leaked inside information.

The justices let stand a decision by the federal appeals court in New York last year that threw out insider trading convictions of two high-profile hedge fund managers.

The 2nd U.S. Circuit Court of Appeals overturned the convictions of Anthony Chiasson, of Manhattan, and Todd Newman, of Needham, Massachusetts, after finding they were too far removed from inside information to be prosecuted.

Prosecutors warned the ruling could hinder the government's campaign to curb insider trading on Wall Street, a crackdown that has resulted in more than 80 arrests and 70 convictions over several years.

Chiasson, who co-founded Level Global Investors based in Greenwich, Conn., and Newman, who had worked for Diamondback Capital Management based in Stamford, Conn., traded on tips from insiders on stock in technology companies Dell Inc. and Nvidia Corp. that generated $72 million in profits. The former portfolio managers were both convicted in December 2012.

The appeals court said prosecutors failed to present enough evidence the men willfully engaged in insider trading or conspired to break the law. It ruled that the government must show a person receiving a tip knew that an insider disclosed confidential information and that the tipster passed the information expecting a personal benefit.

In legal briefs filed with the court, Solicitor General Donald Verrilli said leaving the appeals court ruling in place would "hurt market participants, disadvantage scrupulous market analysts and impair the government's ability to protect the fairness and integrity of the securities markets."

Both men have denied insider trading. Their lawyers argued that they believed they were making trades based on legitimate research.

U.S. Attorney Preet Bharara in Manhattan told reporters on a conference call Monday that the Supreme Court's decision means "that there's a category of conduct that arguably will go unpunished going forward."

"If you have a CEO who has access to material, non-published information about earnings or anything else of a very sensitive nature and decides he wants to tip a relative or a buddy or a crony, knowing that person is going to trade on it to the tune and profit of millions of dollars, we would have to think long and hard, given Newman, whether to prosecute a person like that," Bharara said.




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