Category: Latest Significant Matters

The government hasn’t presented any evidence to show the expenses were “atypical” and hasn’t identified a similar yacht as a benchmark for comparison, he added. “While the Court acknowledges that the Amadea’s maintenance costs are undeniably large in an absolute sense, this seems a natural…

Guy Gentile, head of the now-defunct Mintbroker International, in May 17, 2024, legal filings asserted that the testimony given by his ex-employees creates “considerable fairness concerns” and US federal regulators should not be permitted to employ it against him. Read the full article

“In an email to The Star, Kabilafkas’ attorney, Matthew Ford, said he and his client are ‘somewhat baffled by these charges, which seek to impose criminal sanctions on Mr. Kabilafkas because a start-up business failed. We plan to vigorously defend against them and look forward…

Congratulations to our legal team for this amazing victory! Legal team: Matthew Aaron Ford, Stephen Halpin III Read the full article

A federal judge in Texas rules that the Justice Department failed to demonstrate that the defendants deprived their followers of their property rights. Read the full article

Congratulations to our legal team for this amazing victory! Legal team: Matthew Aaron Ford, Stephen Halpin III Matthew Aaron Ford of Ford O’Brien Landy LLP, counsel for lead defendant Constantinescu, told Law360 that the “government’s flawed indictment … lacked any legal basis.” “We are pleased…

In a statement emailed to GIR, Khudainatov’s lawyers said the DOJ has spent $20 million in maintenance fees since the yacht was seized by Fijian authorities in April 2022. “Mr. Khudainatov, the Amadea’s owner, has repeatedly offered to reimburse the American taxpayers for the maintenance…

“Attorneys for Khudainatov criticised the US government’s pursuit of Amadea as a politically motivated stunt. They added that the move is devoid of factual support and stretching the boundaries of forfeiture, sanctions and money laundering laws.” Read the full article

“The Biden administration’s pursuit of the Amadea has from the outset been not based on facts and law, but a politically motivated stunt to advance a foreign policy agenda,” Khudainatov’s attorneys Adam Ford and Renée Jarusinsky of Ford O’Brien Landy LLP said in a statement…

Matthew Aaron Ford, counsel for Constantinescu, told Law360 in an email statement, “The Court has been clear in both oral and written orders that the government must turn over exculpatory Brady material in the possession of the SEC and FINRA concerning the meme stocks underlying…