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Top 2 u.s. district court for the southern district of new york News Today

#1
Ex-PM accuses Franklin Templeton of disguising retaliation as a layoff
#1 out of 2
business1d ago

Ex-PM accuses Franklin Templeton of disguising retaliation as a layoff

  • Strah files a lawsuit in NY federal court alleging retaliation disguised as a layoff after reporting trading fraud.
  • The lawsuit, filed April 26, 2026 in the Southern District of New York, targets Franklin Resources and affiliates.
  • Strah alleges data manipulation was ignored and retaliation followed after he raised concerns.
  • The termination occurred on March 25, 2025, following a 2025 review Strah calls retaliatory.
  • Strah says the stress contributed to health issues, including high blood pressure discovered in March 2025.
  • Franklin Templeton has not publicly commented on the lawsuit as of the filing.
  • The case cites Sarbanes-Oxley Act and New York Labor Law in the allegations.
  • The plaintiff argues he was uniquely qualified to run the fund with critical access and knowledge.
  • The filing notes ongoing investigations and no court ruling yet on the claims.
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#2
Read the Indictment of Gov. Rubén Rocha Moya of Mexico and Others
#2 out of 2
crime14h ago

Read the Indictment of Gov. Rubén Rocha Moya of Mexico and Others

  • US authorities indicted Rubén Rocha Moya, current Governor of Sinaloa, and multiple associates for a narcotics importation conspiracy linked to the Sinaloa Cartel.
  • Prosecutors say the Cartel collaborated with corrupt officials to protect drug shipments and influence Sinaloa governance.
  • The indictment alleges monthly bribes to several officials, including the deputy attorney general and police leaders, to shield cartel activity.
  • The charges detail bribes to specific officials, such as monthly payments to the Deputy Attorney General and heads of police, in exchange for protection.
  • The cartel allegedly used violence and bribery to maintain control over drug labs and trafficking routes into the United States.
  • The indictment lists specific drug shipments and stash-house seizures as examples of the cartel's operations.
  • The case frames Sinaloa as a strategic hub for narcotics and precursor chemicals used to produce fentanyl.
  • The indictment indicates ongoing cooperation between cartel leaders and various Mexican officials through 2024 and beyond.
  • The document describes the Chapitos faction as the largest and most powerful of cartel groups since their father El Chapo's extradition.
  • The indictment asserts the Cartel's complex network spans Mexico and the United States, with stashes and distribution networks across key U.S. cities.
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