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List of All Articles with Tag 'eric'

Real Madrid's best players in 2023/24 pre-season so far
Real Madrid's best players in 2023/24 pre-season so far
Here are three players that have impressed in Real Madrid's first two pre-season friendlies.
2023-07-28 02:16
Billionaire Joe Lewis pleads not guilty to insider trading in schemes involving girlfriend and private pilots
Billionaire Joe Lewis pleads not guilty to insider trading in schemes involving girlfriend and private pilots
Joe Lewis, the British billionaire and long-time majority stakeholder in Tottenham Hotspur, pleaded not guilty in New York on Wednesday to charges of insider trading. The previous day, federal officials said the investor “abused his access to corporate boardrooms” and carried out a series of “brazen” instances of financial misconduct, sharing insider information with friends, employees, and former romantic partners. He’s charged with 16 counts of securities fraud and three counts of conspiracy, Reuters reports. “That’s classic corporate corruption,” US attorney Damian Williams said in a video statement on Tuesday. “It’s cheating, and it’s against the law.” Attorneys for the billionaire said he plans to fight the charges. “The government has made an egregious error in judgment in charging Mr Lewis, an 86-year-old man of impeccable integrity and prodigious accomplishment,” David M Zornow said in an email statement to The Independent on Tuesday. “Mr Lewis has come to the US voluntarily to answer these ill-conceived charges, and we will defend him vigorously in court.” In a hearing on Wednesday before US magistrate Judge Valerie Figueredo in Manhattan following Mr Lewis’s early-morning arrest by the FBI, new details about the case against the businessman came to light. As part of a $300m bond, Mr Lewis was ordered to surrender his mega-yacht, the Aviva, as well as his private aircraft. He will now be barred from international travel as the case proceeds. Officials also accused two of his pilots, Patrick O’Connor of New York and Bryan Waugh of Virginia, of profiting off illegal tips from Mr Lewis. Both men have pleaded not guilty, and their lawyers declined requests to comment from Reuters. Prosecutors allege Mr Lewis lent the men $500,000 each in 2019, encouraging them to buy stock in an oncology company in which the billionaire had invested. Mr O’Connor allegedly texted a friend “the Boss has inside info”, a seeming reference to a tip that the billionaire allegedly passed on that the company was about to announce promising clinical results. After the company announced the news, the shares the pilots allegedly bought leapt by 16.7 per cent, and prosecutors allege one of the men labeled a payment to Mr Lewis “loan payback” and listed the company’s stock symbol. In an accompanying civil case, the Securities and Exchange Commission accused Mr Lewis, the pilots, and the billionaire’s former girlfriend Carolyn Carter of insider trading. Officials allege that in 2019, Mr Lewis told Ms Carter about a biotech company that was about to raise capital and potentially increase its share price, even though he was bound by a confidentiality agreement. She then allegedly bought $701,000 in the company, earning a $172,000 on her investment. The Independent has contacted Ms Carter for comment. “When insiders like Lewis take advantage of their access to such information, it erodes public trust and confidence in the fair and efficient operation of our markets,” SEC enforcement director Gurbir Grewal said in a statement. “That’s why we will continue to use all the tools at our disposal to hold accountable those who abuse their positions for personal benefit and the unlawful enrichment of others.” Tottenham Hotspur told The Independent, “This is a legal matter unconnected with the club and as such we have no comment.” Mr Lewis ceased to be a "person with significant control" of the Premier League club last year, following a "reorganisation of the Lewis Family Trusts,” the club said, according to Sky News. He bought a controlling stake in the Premier League club from Lord Alan Sugar in 2001 for £22m. Mr Lewis owns the Tavistock Group, which owns more than 200 assets across 13 countries, including Tottenham Hotspur and UK pub operator Mitchells & Butlers, according to Sky News. The 86-year-old is worth an estimated $6.1bn and lives in the Bahamas, according to Forbes. Read More Who is Joe Lewis? The secretive billionaire Tottenham owner charged with insider trading UK billionaire Joe Lewis, owner of Tottenham soccer team, charged with insider trading in US Football rumours: Tottenham owner tells chairman to sell Harry Kane
2023-07-27 07:49
Steelers avoid any camp drama with latest roster move
Steelers avoid any camp drama with latest roster move
It’s been a pretty productive offseason for Mike Tomlin’s team. The Pittsburgh Steelers enter training camp with all of their 2023 draft picks in the fold.They were a team that got off to a forgettable 2-6 start in 2022, only to win seven of their final nine contests to finish 9-8. T...
2023-07-26 21:51
Billionaire and Tottenham Hotspur owner Joe Lewis indicted in US for ‘brazen insider trading’
Billionaire and Tottenham Hotspur owner Joe Lewis indicted in US for ‘brazen insider trading’
Joe Lewis, the UK billionaire and owner of the Tottenham Hotspur football club, has been indicted in the US for what officials called a “brazen” set of insider trading schemes. “He used inside information as a way to compensate his employees or shower gifts on his friends and lovers,” US Attorney Damian Williams said in a video statement on Tuesday. “That’s classic corporate corruption,” he added. “It’s cheating, and it’s against the law.” The Independent has contacted Tottenham for comment, as well as Tavistock Group, the investment office founded by Mr Lewis. This is a breaking news story and will be updated with new information.
2023-07-26 07:19
Charlotte Football Coach Calls Out Disrespect By Disinterested Media at AAC Media Day
Charlotte Football Coach Calls Out Disrespect By Disinterested Media at AAC Media Day
Biff Poggi was not happy at AAC media day.
2023-07-26 06:21
Federico Valverde cleared of alleged assault of Villarreal's Alex Baena
Federico Valverde cleared of alleged assault of Villarreal's Alex Baena
Federico Valverde will not face charges over the alleged assault of Villarreal's Alex Baena.
2023-07-26 03:19
NBA rumors: Pistons determined to trade Killian Hayes
NBA rumors: Pistons determined to trade Killian Hayes
Recent talks between Detroit and Dallas reveal that Killian Hayes' days as a Piston may be numbered. Will the Pistons make a move before next season?It appears the Pistons are officially trying to part ways with Killian Hayes.NBA Insider Marc Stein reported, “Recent trade talks betwee...
2023-07-25 23:48
3M Open picks 2023: Expert picks, best bets for PGA Tour golf this week
3M Open picks 2023: Expert picks, best bets for PGA Tour golf this week
3M Open picks and best bets at TPC Twin Cities this week as we have an outright, Top 10, One and Done, and more PGA Tour expert picks for golf.Coming from Royal Liverpool to TPC Twin Cities is definitely quite the shock to the golf fan's system, but that's where we're heading this...
2023-07-25 07:46
Grant Williams’ attempt to embarrass camper backfires hilariously
Grant Williams’ attempt to embarrass camper backfires hilariously
After trying and failing to dunk on a camper, NBA fans are treated to yet another hilariously embarrassing moment courtesy of Grant Williams.Grant Williams certainly had his fair share of viral moments this season. Like, remember when Grant dressed up and answered questions as Batman? Or the leg...
2023-07-25 03:29
NBA Rumors: Warriors, Lakers among contenders for key free agent
NBA Rumors: Warriors, Lakers among contenders for key free agent
A new free agent on the market is expected to draw several interested suitors, including the Golden State Warriors and Los Angeles Lakers.The Utah Jazz waived veteran forward Rudy Gay, setting him up to pick between several potential contenders in free agency. The 36-year-old is expected to have...
2023-07-23 03:27
Chelsea confirm departure of Pierre-Emerick Aubameyang to Marseille
Chelsea confirm departure of Pierre-Emerick Aubameyang to Marseille
Chelsea have announced Pierre-Emerick Aubameyang has left the club and signed for Marseille on a free transfer.
2023-07-22 01:22
Eric LeGrand, Rutgers Athletics announce multi-year partnership with alum's bourbon brand
Eric LeGrand, Rutgers Athletics announce multi-year partnership with alum's bourbon brand
Eric LeGrand spoke to FanSided on behalf of Eric LeGrand Kentucky Straight Bourbon Whiskey, the first spirits brand to have a partnership with Rutgers Athletics. Eric LeGrand Kentucky Straight Bourbon Whiskey will be available at the hospitality areas of SHI Stadium and Jersey Mike's Arena....
2023-07-20 23:59
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