TRUMP ISSUES PARDON TO FORMER REPUBLICAN CONGRESSMAN STEPHEN BUYER AFTER INSIDER TRADING CONVICTION. (PHOTO).

-
Image
Trump issues pardon to former Republican congressman Stephen Buyer after insider trading conviction    President Donald Trump has issued a full pardon to former Republican congressman Stephen Buyer, who served nearly two years in prison after being convicted of insider trading tied to post-congressional consulting work. Buyer was sentenced in 2023 to 22 months in prison for illegal stock trades made while working as a consultant and lobbyist. He was ordered to forfeit more than $350,000 in ill-gotten gains and pay a $10,000 fine. He was released from custody in 2025 after his conviction was upheld, with the Supreme Court declining to take up his appeal earlier this year. In issuing the pardon, Trump described Buyer’s service as a judge advocate general in the U.S. Army and his time in Congress as “distinguished and highly productive.” The pardon, dated Thursday and released by the White House on Friday, grants Buyer “a full, complete, and unconditional pardon.” Buyer has maint...
Post a Comment

PLAYSTATION CREDIT SCHEME DISRUPTS SONY VIDEO GAME MONOPOLY SETTLEMENT. (PHOTO).

-


PlayStation credit scheme disrupts Sony video game monopoly settlement

A federal judge for the second time rejected a proposed class-action settlement in an antitrust lawsuit involving PlayStation 5 gamers and Sony Interactive Entertainment. The dispute centers on whether Sony could compensate gamers with nearly $8 million in PlayStation Network credits or if the payout must be made in cash.

Plaintiffs allege that Sony monopolized the digital video game market by blocking third-party retailers from selling PlayStation downloads in 2019, forcing gamers to buy games exclusively through the PlayStation Store at higher prices. The proposed settlement would distribute roughly $7.85 million in credits to about 4.5 million eligible accounts, including those of gamers who purchased a PlayStation 5 Digital Edition—a discless console released during the pandemic at a lower price.

U.S. District Judge Araceli Martínez-Olguín, a Biden appointee, questioned whether the credits counted as cash or functioned more like coupons, which are subject to stricter rules. She had previously rejected a similar settlement last year, citing the lack of an estimated recovery range and the resemblance to a coupon-based deal. Attorneys for Sony argued that because class members are repeat users of the PlayStation Store, the credits would be effective and convenient, reducing administrative costs. Class counsel countered that the credits are applicable to all products on the PlayStation Store, including low-cost games, do not expire, and therefore should not be considered coupons.

The judge also raised concerns about former plaintiffs receiving a share of the settlement despite no longer being class members, and noted that the settlement did not address the underlying request to bar Sony from excluding third-party game sales. Both sides will need to submit additional motions to respond to Martínez-Olguín’s questions before the settlement can move forward.


Comments

Post a Comment

Popular posts from this blog

SHAKIRA COVERS WOMEN'S HEALTH MAGAZINE,APRIL ISSUE.

-
Image
             Gerard Pique,welcomed their first child into the world last year January.Shakira told the magazine that ''I think it takes two to keep it passionate in relationships,a lot of laughter and a lot of fun moments together,that's essential but also affinity,you know.You have to be compatible.I'm really happy where i am right now,with the person that i'm with right now.He seems to want the same things i want,and that's very important''.More pictures below.                                                                                                                    
Read more

THE NEW OONI OF ILE-IFE,WILL NOT EAT THE HEART OF THE LATE OONI-PALACE CHIEFS.

-
Image
                           According to the Araba of Osogboland Chief Yemi Elebuibon,debunk the rumors that the new Ooni will eat the heart of the late Ooni of Ife as custom demands,so he cleared the air when he recently said that ''The heart of the late king would not be fed to the next Ooni.The eating of the heart of a departed King by an incoming one belonged to the past.It no longer exists.People still make this insinuation because many are barred from witnessing the burial of a king.What the incoming king will eat is the heart of an animal and not that of a human.Nobody will be buried with the Ooni.Nobody would be killed for any form o sacrifice''.Thank God he clarified the part that no one will be buried with the Ooni,because the rumors going round is that the Sarun,otherwise known as Abobakun,is on the run,to escape being buried with the late Ooni of Ife.Lowa Adimula of Ife,Oba Joseph Ijaodola,who is the Head o...
Read more

INNOSON GIVES OUT BRAND NEW IVM G5 AND SALARY FOR LIFE TO THE MAN WHO PROPHESIED ABOUT HIS VEHICLE MANUFACTURING IN 1979.(PHOTO).

-
Image
Innoson Gives Out Brand New IVM G5 and Salary For Life To The Man Who Prophesied About His Vehicle Manufacturing In 1979.  Last Saturday, July 22nd the Chairman of Innoson Vehicle Manufacturing Company Ltd, Chief Dr Innocent Ifediaso Chukwuma OFR gave out a brand new Innoson IVM G5 to Mr Ikechukwu Osakwe popularly known as Osabros who prophesied to him in 1979 that he would be the first man in Africa to manufacture vehicles and sell to different African countries.  The prophecy was given at the period the then Innocent Chukwuma could not boast of a car, talk less of manufacturing one. According to Dr Chukwuma during the presentation of the car, he recalled on how Mr Ikechukwu Osakwe all the way from Kano blocked him at the front of his house early in the morning and told him he has a message for him.  Mr Osakwe went on to narrate a dream he had about him, how he saw in the said dream his vehicle manufacturing company known as CAP PLC. "He told me that CAP means Chukwuma ...
Read more