Carroll News & Analysis
2 articles
Market Mood
Trump Conviction Appeal Denied by Judge, May Affect Legal Strategies
On Friday, Judge Alvin Hellerstein denied President Donald Trump's attempt to transfer his New York state criminal case to federal court, marking the third rejection of this request. Trump was convicted on May 2024 of 34 felony counts relating to hush money payments tied to Stormy Daniels. His team filed an appeal against this decision, which will be reviewed by the 2nd Circuit U.S. Court of Appeals. The outcome may influence Trump's legal strategy and impacts his ongoing legal challenges, including a $5.8 million civil judgment related to E. Jean Carroll.
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Supreme Court Rejects Trump's $5M Challenge on Carroll Verdict
The Supreme Court denied Donald Trump's attempt to overturn a $5 million jury verdict that found him liable for sexually assaulting and defaming E. Jean Carroll. This decision leaves Trump with no options to challenge the verdict, which Carroll's attorney confirmed is now final. Carroll was awarded more than $5.6 million last month, including post-judgment interest. Trump is also pursuing a separate appeal regarding a federal civil defamation verdict awarding Carroll $83.3 million, on which the Supreme Court has not yet decided. This matters for investors as ongoing legal battles and liabilities could impact Trump's financial standing and market perception.
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