ATTORNEY GENERAL CUOMO ANNOUNCES THE RELEASE OF ASSURANCES OF DISCONTINUANCE IN AUCTION RATE SECURITIES SETTLEMENTS WITH CITIGROUP AND UBS

(NYOAG) NEW YORK, NY (December 11, 2008) - Attorney General Andrew M. Cuomo today announced Assurances of Discontinuance with UBS Financial Services, Inc. and UBS Securities LLC (“UBS”) and Citigroup Global Markets, Inc. (“Citigroup”) in the auction rate securities settlements reached earlier this year. The Assurances detail how liquidity will be provided to consumers who purchased auction-rate securities. These two Assurances of Discontinuance are the next step in the agreements reached in August with Citigroup and UBS.

Attorney General Cuomo earlier this year settled allegations that Citigroup and UBS made misrepresentations in their marketing and sale of auction rate securities. As a result of these settlements and those with other regulators, Citigroup will return over $7.3 billion and UBS will return over $22.7 billion to investors across New York State and the nation. More...

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15 Gang Members Convicted on Conspiracy, Weapons Possession, Firearms Trafficking Charges Case Follows Recent Convictions of 137th Street Crew and East Harlem Narcotics Trafficking Organization

Manhattan District Attorney Cyrus R. Vance, Jr., announced the results of the investigation and prosecution of one of Central Harlem’s most destructive criminal street gangs, referred to as “ONE TWENTY-NINE” or “GOODFELLAS/THE NEW DONS,” which terrorized the neighborhood surrounding West 129th Street between Lenox and Fifth Avenues. Thirteen members of the gang have previously pleaded guilty to importing, possessing, and using firearms over the course of the conspiracy.

The Myth, The Matrix, and The Malpractice: Unpacking the Sophia Stewart Saga

The internet loves a good underdog story, especially one where a lone creator battles Hollywood giants. Few tales have captivated online forums and social media quite like that of Sophia Stewart, the woman who famously sued the creators of The Matrix and The Terminator, claiming they stole her work, "The Third Eye." Her story is a complex tapestry woven with claims of stolen genius, judicial conflicts, and attorney negligence. Let's untangle the legal facts from the compelling narrative and examine the heart of her claims. The Core Allegation: "The Third Eye" and the Blockbusters Sophia Stewart alleged that her copyrighted manuscript, "The Third Eye," conceived in 1981 and finalized in 1983, was the blueprint for two of the most iconic sci-fi franchises: The Terminator (first film 1984) and The Matrix (first film 1999). From her perspective, the similarities were undeniable. Stewart’s supporters often point to broad, impactful themes and ev...

The U-Turn of Candace Owens: From Liberal Critic to Conservative Firebrand

Candace Owens’s career has been defined by one of the most dramatic and controversial political transformations in modern media. In less than a decade, she transitioned from a liberal critic of the Republican Party to a leading voice of the American conservative movement, only to have her time at the top of established conservative media end over a final, divisive shift in rhetoric. Here is a look at the journey that defined her political evolution, culminating in her emergence as a powerful, independent media force. Phase 1: The Anti-Trump Democrat (Pre-2017) Before her political transformation, Candace Owens was known for holding typical liberal views and actively criticizing the Republican Party and its most controversial new figure. Initial Stance: Owens was an outspoken critic of Donald Trump, reportedly publishing articles mocking him and the "bat-s**t crazy antics of the Republican Tea Party." The Turning Point: This initial phase ended following a failed a...

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