Law

Politics

President Trump commuted the sentence of Roger Stone Friday, wielding his executive power just days before his longtime friend and political adviser was set to report to prison.

Risk & Compliance Journal

Universal Health Services Inc. and related entities agreed to pay $122 million to settle investigations into billing practices at behavioral-health facilities and claims it paid illegal inducements to federal health care beneficiaries, the U.S. Justice Department said Friday.

Risk & Compliance Journal

Case is among first to cite long-dormant law allowing Americans to pursue legal action against companies doing business on property confiscated by Cuba.

U.S.

A federal judge in Indiana has blocked what would have been the first federal execution in 17 years, scheduled for Monday, citing coronavirus-related health concerns raised by the victims’ relatives who were selected to attend.

U.S.

A federal judge said the two Massachusetts men who are accused of smuggling former Nissan executive Carlos Ghosn out of Japan are flight risks as they battle extradition to the country.

Asia

Park Won-soon, who was found dead Friday, was a civil-rights campaigner whose mayoral win shocked South Korea’s political establishment.

Markets

One of India’s biggest state-run banks said it had fallen victim to its third multimillion-dollar fraud in as many years, a stark illustration of the bad debts and weak defenses against misconduct that plague the country’s financial system.

U.S.

The U.S. high court will wade into a yearslong dispute involving the federal takeover of Fannie Mae and Freddie Mac during the financial crisis of 2008, agreeing to review a case examining the government’s move to seize the mortgage-finance companies’ profits..

Politics

The Supreme Court rejected President Trump’s claim of broad immunity from subpoenas—but sent two cases seeking his financial and tax records back to the lower courts, likely delaying any release of the records until after the November election.

Politics

President Trump’s former attorney has been taken back into custody, less than two months after he was released to home confinement over coronavirus concerns.

U.S.

Oklahoma state officials and business groups reacted cautiously to a Supreme Court ruling that declared a swath of the state to be part of the Muscogee (Creek) Nation’s reservation, as the implications for criminal cases, taxes and regulation remained unclear.

U.S.

The decision to allow a New York prosecutor to review President Trump’s personal financial records breathes new life into a year-long investigation concerning a payment made by Michael Cohen, the president’s former personal attorney, to a former adult-film star who claimed she had an affair with Mr. Trump.