XFL Trade Secrets Lawsuit Filed Against WWE, Vince McMahon, The Rock, and More
A previous lawsuit regarding Vince McMahon and the XFL was reportedly settled, but now a new lawsuit has been filed regarding the XFL (via PWInsider), and it names Vince McMahon, WWE, Dwayne The Rock Johnson, Dani Garcia, ESPN, Dick Ebersol, WWE Chief Financial Officer Frank Riddick, Carol Riddick, and more. The suit was filed on July 20th in the United States District Court for the North District of Texas, and it was filed by David Adrian Smith. As for why, Smith says that confidential trade secrets have been passed around and used by those named in the lawsuit, and he is seeking damages and court costs.
The lawsuit alleges that Smith “disclosed confidential trade secret information” through email to Carol Riddick, which included “market analysis, opportunity analysis, strategic analysis, and other business information regarding a concept for a minor league or developmental league spring football league.”
Weber Shandwick Ex-COO Pleads Guilty to Fraud for Embezzling from PR Firm
A former chief operating officer of Weber Shandwick pleaded guilty on Wednesday to fraud after being accused of embezzling more than $16 million from the public relations firm and, ultimately, its parent Interpublic Group of Cos (IPG.N).
Prosecutors said that from 2011 to around July 2020, Okunak arranged unauthorized payments to provide start-up capital for his own personal and business ventures, buy tickets and luxury boxes to sports events, and cover donations to his alma mater.
Long Island Jewish School Executive Indicted for Embezzling More than $8 million
The former chief financial officer of a US Jewish day school in Long Island has been indicted on charges that he stole more than $8 million from the school.
David Ostrove used the money he embezzled from the Schechter School of Long Island to buy rare cars, including a 1965 Mustang; five houses on ritzy Fire Island; and sports memorabilia and collectible coins that he sold for a profit, according to an indictment delivered Monday by the Suffolk County district attorney.
Judge Declines to Investigate Juror Misconduct Claims in Corporate Espionage Case
The jury that awarded a McLean, Virginia-based tech firm $2 billion in a corporate espionage trial will not be the target of a judicial investigation.
The Appian case is the second high-profile trial in Fairfax County that ended with attorneys accusing jurors of misconduct — the first being the Johnny Depp-Amber Heard defamation case, decided in June. The judge in that case also declined to investigate jurors.
Santa Clarita Valley Woman Sentenced to More Than 4 Years in Prison for Embezzling $1.7 Million Through Diversity Recruitment Scam
The former human resources manager at a Santa Clarita-based race car design and development company was sentenced today to 51 months in federal prison for scheming to defraud her then-employer out of more than $1.7 million earmarked for diversity recruitment by using two fake businesses that billed for services that were never performed.
Judith Fernandez-Adelugba, 45, of Stevenson Ranch, was sentenced by United States District Judge John F. Walter, who also ordered her to pay $1,745,964 in restitution. At today’s hearing, Judge Walter said Fernandez-Adelugba was “driven by pure greed” and that her criminal conduct had left her employer “shaken to the core.”
CEO of Taunton Insurance Agency Pleads Guilty in Connection with Fraud and Embezzlement Scheme
The CEO and President of a Taunton-based insurance agency pleaded guilty in connection with an embezzlement scheme that left client companies uninsured, Attorney General Maura Healey announced today.
David G. Pietro, age 67, of Sandwich, and his company, DGP-Miles Insurance Agency, of Taunton, have each pleaded guilty in Bristol Superior Court to five felony counts of Larceny by Embezzlement. Following the guilty pleas, Judge Daniel O’Shea sentenced Pietro to two years of probation, ordered him to perform 100 hours of community service, and ordered him to pay restitution to the victims in an amount to be determined. The judge also ordered DGP to surrender its business entity insurance license, effectively barring the company from continuing to operate as an insurance agency or producer in the industry.
