Financial

In exchange for assisting the Chinese government, prosecutors say former New York government staffer Linda Sun received lavish goods like a 2024 Ferrari, a condo in Hawaii and meals prepared by a personal chef.

BROOKLYN — Allstate secured a preliminary injunction in a New York federal court, which is staying 99 pending arbitrations and enjoining a medical provider from filing any new arbitrations or lawsuits against the insurance giant in an effort to recover no-fault insurance payments. Allstate, which alleges the medical provider filed hundreds of fraudulent claims, successfully established that it would suffer irreparable harm due to inconsistent outcomes from these disparate arbitration proceedings.

BROOKLYN — A federal court in New York said no to a motion that would have decertified an antitrust and consumer protection class action against Visa and Mastercard, which businesses have accused accused of conspiring to adopt the Europay, Mastercard & Visa chip-enabled credit card payment system in order to shift billions of dollars in liability for fraudulent chargebacks onto the merchants themselves. An expert rebuttal that presented a theory of liability regarding small- and medium-sized merchants failed to justify decertification.