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Blizzard announces Campfire Chat to discuss Diablo 4 patch 1.1.0 update issues
Blizzard announces Campfire Chat to discuss Diablo 4 patch 1.1.0 update issues
The developer is looking into the reported issues and will discuss them more on July 21.
2023-07-19 19:00
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 07:33
Spanish parliament holds crucial vote that could pave way for another leftist government
Spanish parliament holds crucial vote that could pave way for another leftist government
Spain’s newly elected Parliament meets on Thursday to choose the chamber’s speaker and presiding council in votes that could indicate the potential future color of the next government
2023-08-17 16:56
Call of Duty League Major 2 Qualifiers: How to Watch, Schedule
Call of Duty League Major 2 Qualifiers: How to Watch, Schedule
Call of Duty League professionals face off in Major 2 Qualifiers on Twitch starting Jan. 13.
1970-01-01 08:00
FIFA 23 Premier League October POTM: Nominees, How to Vote
FIFA 23 Premier League October POTM: Nominees, How to Vote
FIFA 23 Premier League October POTM nominees, how to vote, release date information and more.
1970-01-01 08:00
Exclusive-Israeli bid for U.S. visa waiver hangs on Palestinian-American access test
Exclusive-Israeli bid for U.S. visa waiver hangs on Palestinian-American access test
By Dan Williams JERUSALEM (Reuters) -Israel's bid to join the U.S. Visa Waiver Program (VWP) hinges on a month-long trial
2023-07-19 22:48
Who is Reality Winner? Sydney Sweeney to portray controversial NSA whistleblower on HBO's 'Reality'
Who is Reality Winner? Sydney Sweeney to portray controversial NSA whistleblower on HBO's 'Reality'
Sydney Sweeney plays the character of Reality Winner, who received the longest prison sentence for a government whistleblower
2023-05-30 10:00
Sharon Stone is JOBLESS! 'Basic Instinct' actress says Hollywood shut her out after near-fatal brain bleed
Sharon Stone is JOBLESS! 'Basic Instinct' actress says Hollywood shut her out after near-fatal brain bleed
Stone, who suffered the medical emergency in 2001, took seven years to recover fully and, by then, movie roles for her had dried up
2023-06-02 17:36
NBA insider explains why Heat trade offer for Damian Lillard is not a 'pile of poop'
NBA insider explains why Heat trade offer for Damian Lillard is not a 'pile of poop'
With the Damian Lillard and Miami Heat storm brewing, ESPN insider Zach Lowe takes issue with those knocking the quality of Miami's trade package.Damian Lillard officially requested a trade from the Portland Trail Blazers last week. His list of preferred destinations? The Miami Heat -- that...
2023-07-06 22:05
Alcaraz cruises into China Open quarterfinals. Sabalenka wins on debut as top-ranked woman
Alcaraz cruises into China Open quarterfinals. Sabalenka wins on debut as top-ranked woman
Second-ranked Carlos Alcaraz cruised into the quarterfinals of the China Open with a 6-2, 6-2 victory over Lorenzo Musetti in the second round
2023-10-01 23:18
Fortnite Supply Llama Challenge: How to Earn Rewards
Fortnite Supply Llama Challenge: How to Earn Rewards
Here's how to earn rewards in Fortnite's Supply Llama Challenge.
1970-01-01 08:00
Exploring Arnold Schwarzenegger's battle with cardiac issues as he discusses recovery after heart surgery in 2018
Exploring Arnold Schwarzenegger's battle with cardiac issues as he discusses recovery after heart surgery in 2018
The 73-year-old actor’s cardiac issues were reportedly caused because of a congenital heart defect known as aortic stenosis
2023-09-05 20:38