Weekly News Update

weekly-news * News came that the U.S. Supreme Court granted certiorari to a Pennsylvania man who was convicted of making threatening communications via social network postings in violation of 16 U.S. Code Section 875(c), directing the parties to brief on questions of proof and subjective intent required to reach such a conviction. [Lexis Nexis]

*For the third consecutive year, state legislation has proposed to legalize small hand-held and ground-based sparklers that shower sparks. In two prior years, similar legislation has passed the assembly and senate and been vetoed by Gov. Andrew Cuomo. [Syracuse.com]

*Argentina, after years of insisting it wouldn’t negotiate with a handful of holdout bondholders — a group its president repeatedly called “vultures” and “extortionists” — finally agreed to sit and talk with the group. [New York Post]

*New York City’s year-old bicycle-sharing program continues to suffer many well-publicized problems with its docking stations as four co-op and condo boards have taken legal action to get Citi Bike fixtures removed or modified. [Habitat Magazine]

*In the ongoing legal slugfest over NYU’s superblocks plan — which has been left reeling on the ropes after a judge’s ruling — a coalition of opponents threw another punch, filing a cross-appeal in state Appellate Court. [The Villager]

*New York’s high court will consider one of the first legal challenges to state and local laws that make it a crime for people to bully others online, especially children. [Wall Street Journal]

*The National Retail Federation and the Retail Industry Leaders Association asked an appeals court to overturn a federal judge’s approval of a controversial lawsuit settlement over Visa and MasterCard’s credit card swipe fees. [Finextra]

*The Securities and Exchange Commission’s insider trading lawsuit against Steven A. Cohen’s former hedge fund SAC Capital Advisors is finally over. [NY Times]

*New York’s top court will allow a misconduct probe to use sealed criminal records in its investigation of a questionable campaign contribution indirectly made by a Brooklyn attorney to a Manhattan judge. [Washington Examiner]