Judge allows US search warrant targeting executive’s AI chatbot records

Posted on June 23, 2026

By Jeffrey A. Newman, Esq. MBA June 23, 2026 There is an interesting bit of news today concerning AI and search warrants. U.S. District Judge Lorna Schofield in Manhattan has lifted a temporary block on a search warrant issued by the United States. It involves a...

The data center construction quagmire is now a national security problem and the clock is running

Posted on June 18, 2026

Written by Jeffrey A. Newman, Esq. MBA with the assistance of Claude.ai I said it before and I'll say it again: we're building data centers in the wrong place. Cooling is one of the highest costs of running them, so stop building them where it's...

Franklin’s Western Asset Management settles SEC case for $100 million regarding bond investor Ken Leech

Posted on June 15, 2026

By Jeffrey Newman Esq. MBA Western Asset Management, part of Franklin Templeton, has agreed to pay a $100m civil penalty to settle a US Securities and Exchange Commission (SEC) investigation linked to former bond investor Ken Leech. Longtime bond investor Ken Leech, 72, pleaded guilty in connection with a...

Former Intelligence Community Contractor Pleads Guilty to Accepting Kickbacks

Posted on June 12, 2026

A former Intelligence Community contractor pleaded guilty to conspiring to commit offenses against the United States by soliciting and accepting kickbacks. The defendant, David Duggin, 55, of Orrtanna, Pennsylvania, was a former Senior Systems Engineer and on-site contractor at a U.S. government Intelligence Community...

Ahold Delhaize USA Inc. to Pay $40M for Allegedly Reporting Inflated Drug Prices on Claims to Federal Healthcare Programs

Posted on June 11, 2026

The Department of Justice has settled a False Claims Act case against Ahold Delhaize USA Inc. (Ahold Delhaize), headquartered in Quincy, Massachusetts, which agreed to pay the United States and participating states a total of $40 million to resolve allegations that it violated the False Claims Act and state...

The SpaceX IPO and the Starlink factor

Posted on June 11, 2026

By Jeffrey A. Newman, Esq. MBA Just a few words about the SpaceX IPO. It is Starlink that I have my eye on as it is and has been making money and the revenue is on a subscription basis. In addition, Musk has broader plans afoot, including a massive...

Government contractors and execs pay $21.3 M to settle fraud scheme about service disabled veteran owned small business contracts

Posted on June 10, 2026

By Jeffrey A. Newman, Esq. MBA Broadway Electric Inc. (Broadway), Cornerstone Contracting Inc. (Cornerstone), Chief Executive Officer John Oehler, and President Christian Blake agreed to pay $21.3 million to resolve False Claims Act allegations that they improperly obtained federal contracts reserved for service-disabled veteran-owned small businesses and...

U.S. adds to list of Chinese tech companies it says are helping China’s military

Posted on June 9, 2026

By Jeffrey A. Newman, Esq. MBA The U.S. has now identified Chinese businesses as aiding Beijing’s military and has designated around two dozen including tech giants Alibaba Group and Baidu, limiting their operations in America. The additions include Chinese consumer and tech companies,...

AI– what is the pathway to profitability?

Posted on June 7, 2026

A 24- to 26-Month Outlook for the Commercial Maturation of Artificial Intelligence By Jeffrey A. Newman Esq. MBA, with the help of AI I have been studying the significant advances of AI technology with...

$549.5 million tariff fraud False Claims Act Settlement

Posted on June 4, 2026

By Jeffrey A. Newman Esq. MBA The Department of Justice (“DOJ”) announced a $549.5 million settlement with Perfectus Aluminum Acquisitions LLC (“Perfectus Aluminum”) and four affiliated companies (collectively, ending resolve allegations that they violated the False Claims Act (“FCA”) by evading customs duties.[1] The settlement is the largest trade-related...