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Nonprofit earns right to challenge South Carolina AG's $75M transfer to private lawyers

COLUMBIA, S.C. (Legal Newsline) - A nonprofit organization can challenge South Carolina Attorney General Alan Wilson’s transfer of $75 million in contingency fees to outside lawyers, the state’s highest court ruled, saying it was “an issue of public importance” because the AG may make several other such transfers including fees associated with a $300 million settlement of opioid claims.
United States South Carolina Savannah River Jamese Smith Wren Demasters Willoughby Hoefer

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SEC Charges Three Canadian Citizens In Fraudulent Penny Stock Scheme

<p><span>The Securities and Exchange Commission today announced it charged three Canadian citizens with carrying out a fraudulent scheme involving penny stocks which generated tens of millions of dollars in proceeds but left investors with nearly worthless shares of various public companies.</span></p>
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United States United Kingdom Steve Susswein Melissa Hodgman Korps Landelijke Politiediensten Jamese Smith

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