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Plaintiffs argue that District Court inaction causes irreparable harm in appeal to higher court
WASHINGTON – January 3, 2023 – (Newswire.com)
More than a dozen PredictIt traders and educators suing the Commodity Futures Trading Commission (CFTC) in federal court have filed a Motion for an Injunction Pending Appeal in the Fifth Circuit. In the filing, they argue that a district court has delayed action to the point where relief would otherwise come too late to protect the PredictIt Market, which has functioned for more than eight years. The Motion asks the Court to rule by Jan. 19, 2023.
Following several months of inaction and given the time-sensitive nature of this issue, plaintiffs filed a motion on Dec. 23, 2022, to move their request for a Preliminary Injunction from the United States District Court for the Western District of Texas to the United States Court of Appeals for the Fifth Circuit.
Today’s action asks the Fifth Circuit to enter an interim order preventing shut down of the PredictIt market while the Court considers the appeal. The filing also presents plaintiffs’ reasoning for the motion and states that PredictIt and its traders have already suffered irreparable harm in the form of distorted pricing and compliance costs as a result of the CFTC’s order to shut down on the arbitrary date of Feb. 15, 2023.
“Given that the CFTC gave PredictIt an arbitrary deadline that is quickly approaching, and the District Court’s focus on a venue change argument ahead of the substantive issues, we are pursuing every possible avenue to get relief and answers for the plaintiffs and the broader PredictIt user base,” said David Mason, Aristotle General Counsel and former Federal Election Commission (FEC) Chairman.
Aristotle is the contract service provider for the PredictIt Market, which has operated under No-Action Relief CFTC 14-130 since 2014.
Requests for the full text of the motion and other press inquiries should be directed to [email protected].
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‘Predictit’ Plaintiffs Make Case to Higher Court
NAPLES, Fla. – January 3, 2023 – (Newswire.com)
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Recent release “Abigail and Her Magic Day!” from Newman Springs Publishing author Lisa Sherman is about a young girl who takes a trip into the woods for a wonderful adventure.
EDINBURG, Texas – December 30, 2022 – (Newswire.com)
Lisa Sherman has completed her new book “Abigail and Her Magic Day!”: a fairylike adventure starring a young girl named Abigail as she takes a walk in the woods because she loves being in nature, but during the journey, she finds she has an extra talent, she has the ability to talk to animals and they all want to help her have a good day.
Published by Newman Springs Publishing, Lisa Sherman’s exciting tale has the readers follow Abigail and her journey through the forest along with her animal companions as they discover that their forest has become very dirty and they are going to have to work together to make sure it’s as clean as it possibly can be so it can be pretty and magical as always.
Readers who wish to experience this magical work can purchase “Abigail and Her Magic Day!” at bookstores everywhere, or online at the Apple iBooks Store, Amazon, or Barnes & Noble.
For additional information or media inquiries, contact Newman Springs Publishing at 732-243-8512.
About Newman Springs Publishing:
Newman Springs Publishing is a full-service publishing house for serious authors. Each title produced by Newman Springs Publishing undergoes every step of the professional publishing process, including editing, layout, cover design, circulation, distribution, and publicity. All titles are made available in both e-book and print formats. Newman Springs Publishing distributes to tens of thousands of retail outlets throughout North America and internationally. All manuscripts in any genre are welcome to be submitted for review. If the manuscript meets the necessary criteria and is accepted for publication, Newman Springs Publishing will work closely with the author to bring the book to the retail market for a relatively inexpensive initial investment.
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Author Lisa Sherman’s new book ‘Abigail and Her Magic Day!’ is the story of Abigail and one very special day
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