Arbitration News
Insurers say nearly 40% of surprise billing disputes are ineligible for arbitration, citing costly system abuses
A new survey from two major U.S. health insurance groups suggests that a large portion of payment disputes filed under ...
Major US banks accused of colluding to fix prime lending rate
A new lawsuit filed in Connecticut federal court accuses some of the largest American banks, including JPMorgan Chase, Bank of ...
DP World’s $1 Billion Battle in Djibouti Deepens After Arbitration Setback
The long-running standoff between Dubai-based DP World and the Republic of Djibouti took another turn this week after the London ...
Visa and Mastercard reach $199.5 million settlement in merchant class action
Visa and Mastercard have agreed to pay a combined $199.5 million to settle a long-running class action filed by U.S. ...
Top U.S. law firms decline to answer lawmakers’ questions about Trump-related government work
Three major U.S. law firms have refused to answer questions from Democratic lawmakers about their recent government work connected to ...
Direct investor–state contracts gain ground in international arbitration
A new report from the International Centre for Settlement of Investment Disputes (ICSID), an institution linked to the World Bank ...
U.S. judge throws out NFT artists’ challenge to SEC
A federal judge in Louisiana rejected a lawsuit from two NFT creators who wanted to stop the U.S. Securities and ...
Orsted wins U.S. court ruling against Trump, shares surge as project resumes
Shares in Danish energy company Orsted rose sharply after a U.S. federal judge allowed it to restart work on an ...
Five foreigners wanted over multimillion-dollar telecom fraud
Authorities in El Salvador have confirmed that international arrest warrants remain in effect against five foreigners accused of being part ...
Barrick Mining Requests World Bank Arbitration as Mali Seeks Control of Loulo-Gounkoto Mine
Barrick Mining has requested the World Bank’s arbitration tribunal to step in amid a tense dispute over the Loulo-Gounkoto gold ...
![Terry Rozier pleads not guilty to sports betting charges By Reuters December 8, 20257:45 PM GMT-4Updated 3 hours ago Item 1 of 3 Terry Rozier, a guard with the NBA's Miami Heat, departs the Brooklyn Federal courthouse, after entering a plea in a criminal case alleging he shared non-public information with sports bettors ahead of games, in Brooklyn, New York, U.S., December 8, 2025. REUTERS/Eduardo Munoz [1/3]Terry Rozier, a guard with the NBA's Miami Heat, departs the Brooklyn Federal courthouse, after entering a plea in a criminal case alleging he shared non-public information with sports bettors ahead of games, in Brooklyn, New York, U.S., December 8, 2025. REUTERS/Eduardo Munoz Purchase Licensing Rights, opens new tab December 8 - Facing federal wire fraud and money laundering conspiracy charges for his alleged role in an illegal sports gambling scheme, Miami Heat guard Terry Rozier pleaded not guilty in federal court Monday in New York. Rozier, 31, was released on a $3 million bond. Rozier's co-defendant, Deniro Laster, also appeared in court and pleaded not guilty. He was released on $50,000 bond. He and Rozier were arrested in October in connection with a federal investigation into illicit gambling. Advertisement · Scroll to continue In an indictment from the U.S. Justice Department, Rozier was accused of tipping off Laster that he planned to leave a game for the Charlotte Hornets game early by feigning an injury. Laster and other conspirators then used that knowledge to "place and direct more than $200,000 in wagers predicting Rozier's ‘under' statistics (i.e., that Rozier would underperform)." The NBA had previously investigated suspicious prop bets placed on Rozier's unders in 2023 but did not find evidence he had violated league rules. The league placed Rozier on leave following the indictment and his arrest. An investigation into Rozier has been underway since a March 23, 2023, game when Rozier played for the Hornets. Sportsbooks reported unusual betting activities on prop bets -- all on the under -- in a game Rozier left after 10 minutes, claiming a foot injury. Advertisement · Scroll to continue The indictment alleges Rozier made it known to associates that he would depart the game early, and more than $200,000 was wagered on the under, with a share of the winnings given to Rozier. With the next status update on the case set for March 3, Rozier's lawyer, Jim Trusty, told reporters he plans to file a motion for dismissal Tuesday. Evan Corcoran, Laster's lawyer, said he would likely do the same for his client. Trusty went on to say that he will meet with the NBA in an arbitration hearing on Dec. 17, per The Athletic, to contest that Rozier's leave is unpaid. The guard was placed on unpaid leave by the league one week after he was arrested, which caused the National Basketball Players Association to file a grievance with the league. Rozier entered the league as a first-round draft pick of the Boston Celtics in 2015. He is playing this season on the final year of a four-year, $96.3 million deal he signed with the Hornets and has $160.4 million in career earnings, according to Spotrac.](https://arbitrationmonitor.com/wp-content/uploads/terry-rozier-sports-150x150.avif)