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List of All Articles with Tag 'rica'

Women's World Cup 2023: Rare feeling for US fans ahead of Portugal clash
Women's World Cup 2023: Rare feeling for US fans ahead of Portugal clash
While the US has taken four points from its opening world cup games, flat performances have fans on edge.
2023-07-31 23:18
Women's World Cup: Euphoria in Philippines after historic campaign
Women's World Cup: Euphoria in Philippines after historic campaign
Filipinos cheer their new sports heroes as the team bows out of the tournament.
2023-07-31 13:45
Club America's 4-0 thumping against St. Louis City proves Liga MX still rule the region
Club America's 4-0 thumping against St. Louis City proves Liga MX still rule the region
St. Louis City were knocked out of the 2023 Leagues Cup after suffering a 4-0 defeat to Club America.
2023-07-30 14:26
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
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
A Howard Schnellenberger Trophy to boot adds a little kick to emerging Miami-Louisville rivalry
A Howard Schnellenberger Trophy to boot adds a little kick to emerging Miami-Louisville rivalry
Take one step back and look at this epic rivalry trophy that is being introduced for the Miami-Louisville to honor the late, great Howard Schnellenberger.Howard Schnellenberger was important to Miami's rise as a program as he was to Louisville's.Although he did well at FAU, and Okl...
2023-07-25 05:48
Canada headlines second day of Women's World Cup action as Olympic champon faces Nigeria
Canada headlines second day of Women's World Cup action as Olympic champon faces Nigeria
The Women's World Cup is finally here and the tournament's second day of action holds plenty of intriguing storylines.
2023-07-21 09:22
Miami football beats out Georgia, Ohio State, Florida State for 2024 5-star
Miami football beats out Georgia, Ohio State, Florida State for 2024 5-star
Another major recruiting win came Miami football's way in 5-star commit Joshisa Trader, who picked the Hurricanes over three prominent schools.The Miami Hurricanes beat out college football titans in Ohio State and Georgia, along with Florida State, as five-star wide receiver Joshisa Trader...
2023-07-16 08:27
NHL Rumors: Where things stand with Erik Karlsson, Penguins and Hurricanes
NHL Rumors: Where things stand with Erik Karlsson, Penguins and Hurricanes
The Erik Karlsson race has boiled down to the Pittsburgh Penguins and the Carolina Hurricanes. Here's a look at where both teams stand.Okay Metropolitian Division fans, here's a question for you? Would you rather have a "Storm Surge or a "Burgh Burn"?Your response wo...
2023-07-15 05:47
Larry Nassar stabbed by inmate for lewd comments about girls during Wimbledon match, report claims
Larry Nassar stabbed by inmate for lewd comments about girls during Wimbledon match, report claims
Disgraced former USA Gymnastics doctor Larry Nassar was stabbed multiple times by a fellow inmate after he made lewd comments about girls during a Wimbledon match, the suspect reportedly told prison workers. The convicted sex abuser, 59, was stabbed in the back and chest by another inmate at the high-security United States Penitentiary Coleman in Florida on Sunday afternoon. A Bureau of Prisons spokesperson said that an inmate at the prison required “life-saving efforts” after the attack took place and the victim was transported to a local hospital for further treatment and evaluation. The Daily Beast reports that the incident happened after Nassar said “I wish there was girls playing” while inmates were watching a women’s match at Wimbledon. The suspect, who The Associated Press has named as Shane McMillan, allegedly stabbed Nassar with a makeshift weapon, wounding him in the neck, chest and back. Four inmates then rushed in and pulled McMillan off Nassar, a source told the news outlet. McMillan was convicted of assaulting a correctional officer at a federal penitentiary in Louisiana in 2006 and attempting to stab another inmate to death at the federal Supermax prison in Florence, Colorado in 2011, according to court records. Nassar remains in hospital in stable condition with injuries including a collapsed lung, reported AP. The Independent has reached out to the Bureau of Prisons for comment. The former USA Gymnastics team doctor is serving between 40 and 175 years in prison for sexually abusing young female athletes in his care. As the team doctor, the sexual predator abused his position of trust and preyed on dozens of young gymnasts for several decades, including Olympic great Simone Biles, Aly Raisman, Gabby Douglas, and McKayla Maroney. In many cases, he sexually assaulted his young victims under the guise of it being medical treatment for hip and leg injuries sustained during the sport. As well as USA Gymnastics, based in Indianapolis, he also worked at Michigan State University and preyed on athletes there as well. Many of his victims went on to become America’s biggest gymnastics stars and have since spoken out about the years of abuse they endured at his hands. The scandal not only plagued USA Gymnastics – with victims revealing that they had confided in adults and coaches about the abuse – but also the FBI which failed to take the accusations seriously and left Nassar to abuse more than 120 further victims while they sat on the information for a year-and-a-half. It was July 2015 when Maggie Nichols became the first victim to report his sexual abuse to USA Gymnastics bosses, who then passed the information on to the FBI’s Indianapolis field office. W Jay Abbott, the special agent in charge of the FBI’s Indianapolis office, resigned from the bureau in 2017. He was accused of waiting five weeks before telling the FBI about the first allegations received by US Gymnastics about Nassar’s behaviour. Agents failed to open an investigation for another 17 months when a complaint about Nassar was then made to Michigan State University’s campus police. The Justice Department watchdog later released a scathing report on the bureau’s handling of the matter, which it said let the sexual predator go on to abuse dozens more victims. Following his 2016 arrest, Nassar pleaded guilty to child sex abus images in December 2017 and was sentenced to 60 years in prison. Two months later, he pleaded guilty to criminal sexual conduct at a separate trial and was sentenced to 40 to 175 years in prison. He is also serving a separate 40 to 125 years for sexual abuse in Michigan. While behind bars, the serial sex offender has sought to fight his conviction, claiming that he was treated unfairly by the judge at his 2018 trial who called him a “monster” and said he should “wither” in prison like the wicked witch in “The Wizard of Oz”. His final appeal was struck down by the Michigan Supreme Court in June 2022. Read More Larry Nassar was stabbed in his own cell and attack was not picked up on camera, report says The mysterious connection between Larry Nassar and Jeffrey Epstein Disgraced former USA Gymnastics doctor Larry Nassar almost killed after being stabbed in prison
2023-07-13 06:21
George Santos Compared Himself to Rosa Parks
George Santos Compared Himself to Rosa Parks
VIDEO: George Santos is a great pod guest.
2023-07-10 21:50
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