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Tech

Facebook employees were aware the company was overestimating how many people advertisers could reach on the site, according to a complaint in a lawsuit originating with a small-business owner in 2018.

Pro Bankruptcy Bankruptcy

Federal judges shepherding the largest corporate bankruptcies in the U.S. are changing how they do business and preparing to use videoconferencing apps as they convene court hearings remotely in an effort to slow down the spread of the novel coronavirus.

India

India hanged four men for the 2012 gang rape and murder of a 23-year-old student, an assault that sparked national demands for action to combat violence against women.

Business

Anthony Levandowski, the engineer charged with 33 counts of trade-secret theft from Google’s self-driving car project, reached a deal with U.S. prosecutors in which he will plead guilty to one count and the remaining charges will be dropped.

Politics

The acting chief of the National Counterterrorism Center and his deputy have been fired, the latest in recent personnel changes that have alarmed current and former officials worried that President Trump is politicizing the U.S. intelligence community.

Pro Bankruptcy Bankruptcy

Canadian fashion executive Peter Nygard’s company, Nygard International Partnership, has filed for bankruptcy protection in its native Canada and in the U.S. in the wake of sex-trafficking allegations against him.

Risk & Compliance Journal

Sweden’s financial supervisory authority on Thursday handed Swedbank AB a 4 billion Swedish kronor ($397 million) fine after an investigation concluded the lender’s Baltic operations had serious deficiencies in its anti-money laundering measures.

Business

The first wave of anticipated insurance-coverage litigation has begun as coronavirus-related shutdowns spread across the U.S.

China

Beijing is seeking to assuage public anger over the death of a doctor reprimanded by police for raising early alarms about the coronavirus by rescinding his penalty and punishing those who rebuked him.

Europe

Germany carried out nationwide raids on alleged members of a secretive group who reject the authority of the state, adhere to racist ideologies and hoard weapons.

World

The speaker of Israel’s parliament, an ally of Prime Minister Benjamin Netanyahu, abruptly adjourned the body, blocking an opposition effort to place his aggressive response to the coronavirus under legislative oversight.

Pro Bankruptcy Bankruptcy

The judge overseeing Purdue Pharma’s bankruptcy shielded the OxyContin maker’s owners for another six months from lawsuits over the U.S. opioid crisis, saying that forcing them to defend themselves would disrupt settlement talks.

Politics

Mortgage-finance companies Fannie Mae and Freddie Mac are suspending foreclosures and evictions of homeowners behind on their mortgages—and at risk of losing their homes—in the latest federal response to the coronavirus pandemic.

Risk & Compliance Journal

A proposed rule mandating the disclosure of payments made by oil, gas and mining companies to foreign governments has become the target of anti-corruption advocates and even some businesses who say it fails to align with international standards.

Asia

A Pakistani court is weighing the appeal of a British national convicted and sentenced to death nearly 18 years ago in the murder of Wall Street Journal reporter Daniel Pearl.

U.S.

Prosecutors issued an aggressive interpretation of their authority to use so-called MLATs, while a former prosecutor pressed his allegation that such requests are abused.

Markets

Authorities are investigating whether traders at JPMorgan Chase & Co. manipulated the market for Treasury securities and futures contracts, according to regulatory disclosures and people familiar with the matter.

U.S.

The new coronavirus is causing a wave of disruptions in the U.S. justice system, with state and federal courts across the country suspending trials and other legal proceedings to help contain the pandemic.

Soccer

The U.S. Soccer Federation filed what amounted to a do-over legal brief, toning down the argument in its defense against the U.S. women’s national team’s pay-discrimination lawsuit against it.

U.S.

A lawsuit charging that a Penn State professor died from asbestos exposure at work could open the door for similar suits, amid a broader cleanup push.

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