Login | July 01, 2026
Akron Legal News
Local
Online brokerage not responsible for trader’s $25 million loss
An online brokerage firm that only provided routine business functions is not liable for $25 million lost by investors who funded a 20-year-old novice trader’s private hedge fund, the Supreme Court of Ohio ruled June 18.
In a 6-1 decision, the Supreme Court reversed an Eighth District Court of Appeals decision, which had f ... (full story)
Lawyers’ fund awards more than $400,000 to victims of attorney theft
The Board of Commissioners of the Lawyers’ Fund for Client Protection (LFCP) reimbursed $408,112.67 to 22 victims of attorney theft at its June meeting. Five former or suspended Ohio attorneys were found to have misappropriated client funds.
Since its inception, the LFCP has awarded more than $26 million to consumers.
... (full story)
All the world's a robot-staging ground for tech entrepreneurs building 'physical AI'
PROVIDENCE, R.I. (AP) — Computer scientist Louis Castricato was in his eighth year studying large language models — the artificial intelligence technology behind chatbots like ChatGPT and Claude — when he started to feel like he was hitting a dead end.
“We basically have passed the point of doing real fun ... (full story)
AI is an energy and water hog, here's what you can do to counter that
WASHINGTON (AP) — As the world tries to curb human-caused climate change and not run dry of water, every online query is increasing our environmental footprint and exacerbating the problem.
Artificial intelligence and the data centers they require use growing amounts of energy and are water hogs — and AI companies ar ... (full story)
State
Michigan set an affordability goal for utility bills. For some, help can’t come soon enough.
Karen Johnson Moore and her husband Columbus Moore are working hard to lower their DTE Energy bill, which topped $500 in February for gas and electric combined.
Years ago, they paid to have solar panels installed — but the couple said they never worked. They try to use as little electricity as possible, unplugging applianc ... (full story)