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Monday, August 12, 2024

Trump To Sue DOJ For $100 Million Over Mar-a-Lago Raid

 Former President Donald Trump is set to sue the DOJ for $100 million in damages over the 2022 raid on his Mar-a-Lago property in Palm Beach, Florida - arguing that it was done "clear intent to engage in political persecution."

According to a memo obtained by Fox News, the lawsuit will claim "tortious conduct by the United States against President Trump."

Trump and his legal team intend to sue the Justice Department for its conduct during the FBI’s raid on Mar-a-Lago on Aug. 8, 2022, amid the federal investigation into his alleged improper retention of classified records.

After the raid, Special Counsel Jack Smith was appointed to investigate. Smith ultimately brought 37 felony counts against Trump, including willful retention of national defense information, conspiracy to obstruct justice, and false statements. Trump pleaded not guilty to all counts.

Last month, US District Judge Aileen Cannon dismissed the DOJ's case against Trump - ruling that Smith was unlawfully appointed and funded, citing the Appointments Clause in the constitution.

The notice to sue was filed by Trump attorney Daniel Epstein, and gives the DOJ 180 days from the date of receipt to respond and come to a resolution. If no agreement is made, Trump's case will move to federal court in the Southern District of Florida.

"What President Trump is doing here is not just standing up for himself – he is standing up for all Americans who believe in the rule of law and believe that you should hold the government accountable when it wrongs you," Epstein told Fox Business' Lydia Hu.

According to the filing, the "tortious acts against the president are rooted in intrusion upon seclusion, malicious prosecution, and abuse of process resulting from the August 8, 2022 raid of his and his family’s home at Mar-a-Lago in Palm Beach Florida," adding that decisions made by the DOJ and FBI in conducting the raid were "inconsistent with protocols requiring the consent of an investigative target, disclosure to that individual’s attorneys, and the use of the local U.S. Attorney’s Office."

Epstein further argues that decisions made by Attorney General Merrick Garland as well as FBI Director Christopher Wray were not based on "social, economic, and political policy," but instead were in "clear dereliction of constitutional principles, inconsistent standards as applied to" Trump and a "clear intent to engage in political persecution – not to advance good law enforcement practices."

"Garland and Wray should have never approved a raid and subsequent indictment of President Trump because the well-established protocol with former U.S. presidents is to use non-enforcement means to obtain records of the United States," wrote Epstein. "But notwithstanding the fact that the raid should have never occurred, Garland and Wray should have ensured their agents sought consent from President Trump, notified his lawyers, and sought cooperation."

"Garland and Wray decided to stray from established protocol to injure President Trump," the filing continues.

Epstein argued that the DOJ violated Florida law, intrusion upon seclusion, which is recognized as a form of invasion of privacy. Intrusion upon seclusion includes "an intentional intrusion, physically or otherwise, into the private quarters of another person" and the intrusion "must occur in a manner that a reasonable person would find highly offensive." -Fox News

"The FBI’s demonstrated activity was inconsistent with protocols used in routine searches of an investigative target’s premises," the filing continues, adding that Trump "had a clear expectation of privacy at Mar-a-Lago. Worse, the FBI’s conduct in the raid – where established protocol was violated – constitutes a severe and unacceptable intrusion that is highly offensive to a reasonable person."

The filing also argues that the DOJ and special counsel's office "brought a lawless criminal indictment," which constitutes "malicious prosecution."

"As such, given the Supreme Court’s immunity decision and Judge Cannon’s dismissal of the prosecution on grounds that the Special Counsel’s appointment violated the appointments clause and his office was funded through an improper appropriation, there was no constitutional basis for the search or the subsequent indictment."

Trump is also planning to sue for punitive damages.

"For these harms to President Trump, the respondents must pay punitive damages of $100 million," Epstein wrote, adding that there was an "abuse of process," and that the methods used against Trump were "unconstitutional and aimed at politically persecuting the former President, which led to extensive legal costs and negative consequences for him."

In a statement to Fox BusinessEpstein said: "You have clear evidence that the FBI failed to follow protocols, and the failure to follow protocols shows that there was an improper purpose," adding "f the government is able to say, well, we don't like someone, we can raid their home, we can violate their privacy, we can breach protocols when we decide to prosecute them, we can use the process to advance our personal motive--not a motive of justice--if someone doesn't stand against that in a very public way and seek to obtain and protect their rights, then the government will have a mandate to roughshod over every American."

https://www.zerohedge.com/political/trump-sue-doj-100-million-over-mar-lago-raid 

IN8bio Gets FDA Guidance for Registrational Trial of INB-100

 

Biden's Freudian Slip: "If Trump Wins," There'll Be No Peaceful Transfer Of Power

 by Paul Joseph Watson via modernity.news,

President Joe Biden uttered an interesting Freudian slip when he said that “if Trump wins” the election he’s not confident there’ll be a peaceful transfer of power.

Biden made the remarks during an interview with CBS News.

“Are you confident that there will be a peaceful transfer of power in January 2025,” Biden was asked.

If Trump wins, no, I’m not confident at all,” he responded.

There then appeared to be a cut in the interview before Biden corrected himself, “I mean, if Trump loses, I’m not confident at all.”

While Biden is infamous for his verbal gaffes, many respondents on X actually believed this to be a revealing Freudian slip.

As we highlighted earlier, during the same interview, Biden confirmed that high ranking Democrats pushed him out of the race, essentially corroborating the accusations of a coup.

A number of my Democratic colleagues in the House and Senate thought that I was going to hurt them in the races,” Biden said.

The president was reportedly told by Nancy Pelosi that he would be removed either by means of “the easy way” or “the hard way,” after he desperately tried to cling onto the nomination despite being humiliated during a presidential debate with Donald Trump.

https://www.zerohedge.com/political/bidens-freudian-slip-if-trump-wins-therell-be-no-peaceful-transfer-power

Israel Says Iran Poised For Major Retaliation; US Deploys Sub, Hurries Carrier Group

 In a major shift in its recent assessment of Iran's intentions, Israeli intelligence reportedly now believes that Iran is preparing a major strike on Israel after all -- and that it will happen in the next few days. This comes after Israel had concluded that international pressure and US saber-rattling had persuaded Iran to leave it to Lebanese militant group Hezbollah to strike Israel for blowing up Hamas political leader Ismail Haniyeh in Tehran on July 31.

Israeli Defense Minister Yoav Gallant shared his country's latest assessment with US Secretary of State Lloyd Austin in a Sunday conversation, Axios reported -- telling Austin that Iranian actions signify the country is readying a major strike. Also on Sunday, Gallant told an Israeli Defense Forces unit that Iran and Hezbollah "are threatening to harm us in a way they haven't done in the past."

Israeli intelligence's see-sawing assessment reflects an ongoing debate inside the Iranian government, a source with access to the intelligence told Axios

The Iranian Revolutionary Guards Corps [IRGC] is pushing for a more severe and broader response than Iran's April 13 attack on Israel, but the new Iranian president and his advisers believe a regional escalation now wouldn't serve Iran's interests, the source said.

A Pentagon spokesman said Austin assured Gallant that America is committed “to take every possible step to defend Israel and noted the strengthening of U.S. military force posture and capabilities throughout the Middle East in light of escalating regional tensions.”

The strengthening of the US force posture included the deployment of the USS Georgia guided missile submarine to the Central Command theater. Armed with up to 154 Tomahawk land-attack cruise missiles, the Kings Bay, Georgia-based vessel recently completed joint training exercises in the Mediterranean with force recon Marines and special operations forces, including units from the UK, Norway and Italy. Austin also ordered the USS Abraham Lincoln carrier strike group, already steaming to the conflict zone laden with F-35C and F/A-18 fighters, to "accelerate its transit", the Pentagon said.  

Defense Secretary Austin directed the USS Abraham Lincoln carrier strike group to "accelerate its transit" to the Middle East tinder box (MCS3 Stephen Doyle - US Navy via UPI

Last week, CENTCOM confirmed that an unspecified number of F-22 Raptor stealth fighter jets had arrived somewhere in its area of responsibility to "mitigate the possibility of regional escalation by Iran or its proxies." Meanwhile, Russia has been delivering air defense equipment to Iran, including radars and possibly S-400 anti-aircraft missile components.  

See how all this works? Israel provokes Iran with a sensational violation of its sovereignty, and then the US government spends untold millions of dollars to protect Israel from the ensuing response -- while putting in harm's way service members who've who've been led to believe it's a way of serving their country. 

If you sense a pattern, it's because the same scenario unfolded a few months ago, when Israel bombed an Iranian diplomatic facility in Syria. When Iran struck back, US forces intervened to destroy the incoming projectiles. Without breaking down costs by country, analysts estimated Iran's April strike cost only $80 to $100 million, while the defense mounted by the US, Israel and its allies cost around $1 billion.

Talk about asymmetrical warfare. 

https://www.zerohedge.com/geopolitical/game-israel-again-thinks-iran-poised-major-retaliation-us-deploys-sub-hurries-carrier

Y-mAbs Q2, guidance

 2024 Financial Guidance

Management updates its full year 2024 guidance:

  • Anticipated Total Net Revenues now expected to be between $87 million and $95 million;
  • Anticipated Operating Expenses expected to remain between $115 million and $120 million;
  • Anticipated Total Annual Cash Burn expected to remain between $15 million and $20 million; and
  • Cash and Cash Equivalents anticipated to continue to support operations as currently planned into 2027.

Webcast and Conference Call

Y-mAbs will host a conference call on Monday, August 12, 2024, at 8:00 a.m. ET. To participate in the call, please use the following dial-in information:

Investors (domestic): (877) 407-0792
Investors (international): (201) 689-8263

To access the live webcast, please use this link. Prior to the call and webcast, a slide presentation pertaining to the Company’s quarterly earnings will be made available on the Investor Relations section of the Y-mAbs website, www.ymabs.com, shortly before the call begins.

https://www.globenewswire.com/news-release/2024/08/12/2928236/0/en/Y-mAbs-Reports-Second-Quarter-2024-Financial-Results-and-Recent-Corporate-Developments.html

Adaptimmune Q2, Business Updates

 Adaptimmune received U.S. FDA accelerated approval of Tecelra® (afami-cel), the first approved engineered cell therapy for a solid tumor

Patients can begin treatment journey; biomarker testing available; Adaptimmune systems ready to receive orders

At the end of Q2, Adaptimmune had Total Liquidity[1] of $214.8 million

A live webcast and replay can be accessed HERE. Call in information is as follows: +1-844-763-8274 (US or Canada) or +1-647-484-8814 (International). Callers should dial in 5-10 minutes prior to the scheduled start time and simply ask to join the Adaptimmune call.

https://www.newsfilecorp.com/release/219435/Adaptimmune-Reports-Q2-2024-Financial-and-Business-Updates

MeiraGTx $50 M Share Offering; Reports Q2

 MeiraGTx Holdings plc (Nasdaq: MGTX) announced a $50 million offering of ordinary shares led by Sanofi and reported Q2 2024 financial results. Key highlights include:

1. Positive data from Phase 1 AQUAx study in radiation-induced xerostomia presented at AAOM 2024.

2. Innovation Passport Designation awarded for AAV8-RK-AIPL1 treatment of LCA4.

3. Enrollment continues in pivotal Phase 2 AQUAx2 clinical trial for xerostomia.

4. Anticipating results from AAV-GAD Parkinson's disease study in Q4 2024.

5. Expecting data from Phase 3 LUMEOS trial of bota-vec for XLRP in 2024.

6. Cash and equivalents of $100 million as of June 30, 2024.

7. Q2 2024 net loss of $48.6 million, or $0.76 per share.

https://www.stocktitan.net/news/MGTX/meira-g-tx-announces-50-million-offering-of-ordinary-shares-led-by-1zvey0bxnzwo.html