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Court rejects ex-NY Fed employee's retaliation claim lawsuit
Court Watch | 2015/09/24 06:20
A New York-based federal appeals court has rejected claims of a former employee of the Federal Reserve Bank of New York who says she was fired for her probe into the banking firm Goldman Sachs.

The 2nd U.S. Circuit Court of Appeals in Manhattan on Wednesday upheld a lower-court ruling dismissing Carmen Segarra's lawsuit.        

She claimed the New York Fed interfered with her examination of Goldman Sachs' legal and compliance divisions and directed her to change findings.

The appeals court was particularly dismissive of Segarra's effort to hold three New York Fed employees responsible. It said the effort was "speculative, meritless, and frankly quite silly."

The Federal Reserve oversees Wall Street's biggest financial institutions.

Last year, Senate Democrats accused the Fed of being too close to big banks it regulates.



German court rules against Lufthansa pilot strike
Court Watch | 2015/09/12 06:13
A German court issued an injunction Wednesday ordering a halt to a strike by pilots at Lufthansa, Germany’s biggest airline, that caused the cancelation of 1,000 flights.

Lufthansa welcomed the ruling by the state labor court in Frankfurt but said that a special, reduced timetable it had drawn up for the day would remain in place. It said that largely normal services would be resumed on Thursday.

The pilots’ union, Vereinigung Cockpit, has been calling regular short-term strikes in the long-running labor dispute, which comes as Lufthansa restructures to meet increasing competition from Gulf airlines. The pilots want the airline to keep making transition payments for those seeking early retirement.

The court found that the union’s aims went beyond that demand, to exerting more influence on Lufthansa’s new low-cost operation, making the strike illegal, news agency dpa reported.

Vereinigung Cockpit began its strike on long-haul flights Tuesday, forcing the cancellation of 90 flights, and extended the walk-out to medium-and short-haul flights Wednesday.

Union spokesman Markus Wahl told n-tv television after the ruling that it had told pilots to be available for work immediately. Wednesday’s ruling overturned one by a lower court on Tuesday that went in the union’s favor.




Court cuts prison sentence for Memphis 'sovereign citizen'
Court Watch | 2015/09/02 20:18
An appeals court has reduced the prison sentence for a self-described sovereign citizen who was convicted of assaulting two police officers during a traffic stop.

Tabitha Gentry was convicted in April 2014 of two counts of aggravated assault and one count of evading arrest in an automobile.

The judge sentenced Gentry to consecutive prison sentences of six years on each assault charge and two years on the evading arrest charge, totaling 14 years.

Tennessee's Court of Criminal Appeals ruled Monday that the judge should have ordered that the sentences run at the same time, reducing her sentence in that case to six years.

Gentry also is serving a 20-year sentence for illegally taking over a Memphis mansion. The appeals court ruling cuts her total prison time from 34 years to 26 years.



Ex-Gov. Blagojevich to ask Supreme Court to hear case
Court Watch | 2015/08/19 20:31
A full appellate court indicated Wednesday that it will not rehear an appeal of Rod Blagojevich's corruption convictions, and his lawyer responded that the imprisoned former Illinois governor will appeal next to the U.S. Supreme Court.

After a three-judge panel tossed out five of his 18 convictions in July, Blagojevich had hoped the full court might overturn even more. But the 7th U.S. Circuit Court of Appeals posted a notice saying no judges on the court asked for a rehearing.  

Blagojevich, 58, is serving a 14-year prison sentence at a federal prison in Colorado on convictions including his attempt to sell an appointment to President Barack Obama's old U.S. Senate seat.

An appeal to the nation's highest court is a last and seemingly slim hope for a major legal victory. The Supreme Court tends to accept cases that raise weighty issues and ones that federal courts disagree on.

But defense attorney Leonard Goodman said in a statement he believed the Supreme Court would agree Blagojevich was involved in legal, run-of-the-mill politicking.

Allowing the remaining convictions to stand "puts every public official who must raise campaign funds to stay in office and to be effective at the mercy of an ambitious or politically motivated federal prosecutor," he said.




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