Legal News

Business

Find the latest legal news in business on range of issues, including law, civil rights, immigration and white-collar crime.

Jul 25, 2011

With the 2012 U.S. Presidential Election looming, President Barack Obama has brought immigration to the forefront as he urged Hispanic activists to help him in overhauling immigration laws.

The president recently spoke at the National Council of La Raza, a leading Hispanic civil rights organization. Obama urged Hispanics to create pressure for immigration law reform from the outside in hopes of pressuring change from inside Washington, according to the Washington Post.

Obama has addressed immigration law reform in the past.

Jul 25, 2011

With New York celebrating its recent passing of the same-sex marriage law, thousands of couples have already taken advantage of the newly won right.

Jul 25, 2011

Community Partners Bancorp, the holding company for Two River Community Bank in New Jersey, announced it has been approved on a preliminary basis for a $12 million investment.

The investment will be received under the company's preferred stock from the U.S. Department of Treasury's Small Business Lending Fund.

"The types of small business loans intended by the SBLF program represent a significant portion of our Company's loan portfolio," said William Moss, president and chief executive officer of Community Partners Bancorp.

Jul 12, 2011

Arthur Cutillo, a 34-year-old former New York patent lawyer, has been sentenced to 30 months in prison for his role in an insider trading scheme.

Cutillo was arrested in November 2009 as part of a wide-reaching crackdown on Wall Street wrongdoing undertaken by the federal government's Financial Fraud Enforcement Task Force.

Jul 12, 2011

The California State Assembly recently passed two bills calling for the state's civil rights act to be updated. 

Both bills, SB 111 and SB 88, were authored by Democratic State Sen. Leland Yee of San Francisco, and protect the language rights of consumers and voters.

California's Unruh Civil Rights Act ensures businesses cannot deny service to patrons based on characteristics including sex, race, medical condition and sexual orientation.