If a jury accepts the "extreme emotional disturbance" defense, it could reduce Luigi Mangione's murder charge to manslaughter, potentially resulting in a shorter prison sentence.

Boaz Weinstein of Saba Capital stated that the hedge fund will continue its legal fights against fund managers by using other provisions of the 1940 Act and state law.

The Supreme Court's ruling on the 1940 Investment Company Act grants the Securities and Exchange Commission exclusive power to enforce most of the statute's provisions.

The murder trial of Luigi Mangione is scheduled to begin on September 8th.

Luigi Mangione plans to assert a psychiatric defense of "extreme emotional disturbance" in his New York State murder trial for the killing of UnitedHealthcare CEO Bryan Thompson.

The U.S. Supreme Court ruled in a 6-3 decision that private parties cannot sue to enforce most provisions of the 1940 Investment Company Act.

More than 100 former prosecutors in Illinois signed a statement raising concerns about the leadership of the U.S. Attorney's office in Chicago.

In the prosecution of four anti-ICE protesters in Chicago, Judge April Perry stated her trust in government attorneys had been broken.

Assistant U.S. Attorney Sherri Mecklenburg told a grand jury, "I would never ask you to charge somebody if I didn't think there was probable cause," which constitutes improper personal vouching.

Judge April Perry indicated that sanctions against the prosecutor in the Chicago anti-ICE protester case could be appropriate due to misconduct.

A third judge is examining grand jury transcripts from a 2019 case presented by prosecutor Sherri Mecklenburg.

The Chicago U.S. Attorney's Office moved to dismiss charges against two defendants in a separate fraud case due to similar allegations of misconduct by prosecutor Sherri Mecklenburg.

In the Chicago anti-ICE case, prosecutors initially redacted portions of the grand jury transcripts that detailed their own behavior before providing them to the judge.

Prosecutor Sherri Mecklenburg admitted to having substantive, off-the-record conversations with grand jurors outside the grand jury room.