AP Analysis Proves Lawfare Against Trump in NY Case

Plus: Women May See Greater Benefits from Exercise Than Men Do

AP Analysis Proves Lawfare Against Trump in NY Case

As the formula goes, EVEN THE ASSOCIATED PRESS admits that the case against Trump is unusual and lacks any real precedent. Donald Trump is facing a historic potential consequence as his real estate business empire may be dissolved for “financial misrepresentations,” an action rarely taken in New York's anti-fraud law history.

The Associated Press reported, “An Associated Press analysis of nearly 70 years of civil cases under the law showed that such a penalty has only been imposed a dozen previous times, and Trump’s case stands apart in a significant way: It’s the only big business found that was threatened with a shutdown without a showing of obvious victims and major losses.”

Legal experts debate whether this severe penalty is warranted solely due to business ethics violations. While previous instances of dissolution typically involved fraud with evident victims, Trump's case raises concerns about the precedent such a decision might set for future corporate punishments.

Similarly, Jonathan Turley wrote in The New York Post, “Even the New York Times agreed that it could not find a single case in history where this statute was used against an individual or a company that did not commit a criminal offense, go bankrupt, or leave financial victims.”

Following the ruling, Shark Tank investor Kevin O’Leary said that because of the actions of New York AG Letitia James, investing in New York is not worth it. From an appearance on Fox Business:

"I would NEVER invest in New York now! And I'm not the only one saying that!"

"This $4 billion data center I'm talking about - not a chance I would put that in New York! Zero probability! Never!"

"I'm shocked at this. I can't even understand or fathom the decision at all. There's no rationale for it."

"Every investor is worried because where is the victim? Who lost money? What does this say about the legal bar in New York? Aren't they going to question this judge?"

"$355 million as a penalty plus interest at 9%, and there's no victim?" O'Leary said Governor Kathy Hochul's "words fall on deaf ears to everybody. There's nothing she can say to justify this decision."

"This is a New York problem now."

Looks like if you’re a conservative or on the AG’s hit list, New York is not open for your business.

In Today’s BRIGHT

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Wellness Wednesday

Multi-country Study Links COVID Shot to Adverse Effects

A comprehensive COVID-19 vaccine study, involving nearly 100 million vaccinated individuals across eight countries, links certain adverse effects like myocarditis and Guillain-Barré syndrome to vaccinations. The Hill reported that the notable findings include increased cases of Guillain-Barré syndrome with the AstraZeneca vaccine and instances of myocarditis with mRNA vaccines from Pfizer and Moderna. Researchers noted the “rarity, severity, and clinical relevance” of these adverse effects, while considering the risks of COVID-19 infection.

An occasional feature independently compiled by BRIGHT and sponsored by The Wellness Company. Check out their immunity system collection here. Use code BRIGHT for 10% off.