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In a nonprecedential yet significant order, a panel of the Second Circuit vacated the district court's grant of summary judgment in Sharkey v. J.P. Morgan Chase and remanded for further proceedings.

Jennifer Sharkey was a manager in the Private Wealth Management division of JPMorgan Chase & Co. Part of her job involved assessing client risk. One client in particular seemed fishy to her: She was unsure where his money was coming from, the client had a history of having millions of dollars go missing, and he didn't always provide the information she asked for.

Following two days of deliberations, a federal jury in Brooklyn found the Jordan-based Arab Bank liable for a series of suicide bombings in Israel and Palestine in the early 2000s.

Witnesses testified that not only did Hamas and other alleged terrorist organizations, like the Saudi Committee for the support of the Intifada al-Quds, use Arab Bank to transfer money to the families of suicide bombers, but Arab Bank knew that this was going on.

Thirteen years after the 9/11 terrorist attacks on the World Trade Center and the Pentagon, some lawyers have certainly benefitted from a bevy of lawsuits, on issues ranging from negligence to freedom of religion to whether Saudi Arabia was partially responsible.

Here are some highlights from 13 years of lawsuits in the Second Circuit:

The Cross at Ground Zero

In the wreckage of the World Trade Center towers, crews found two steel beams that had formed the shape of a Latin cross. They called it "the cross at Ground Zero" and it eventually got placed in the National September 11 Memorial and Museum. An atheist group sued to get the cross removed from the museum, but the Second Circuit held that keeping the cross there didn't offend the Establishment Clause.

An atheist group has lost its appeal in the Second Circuit, where it sought to have "The Cross at Ground Zero" -- the well-known steel-beam cross from the World Trade Center wreckage in New York City -- removed from the September 11 museum.

"The Cross at Ground Zero" was a steel beam found among the debris of the World Trade Center after the 9/11 terrorist attacks that formed the shape of a Latin cross. It quickly became a rallying point.

After several years at the Ground Zero site, the cross was moved to a warehouse, where it remained with other artifacts from the site until it was moved to the National September 11 Memorial and Museum.

Another one bites the dust. Earlier this year J.P. Morgan and the DOJ reached a $13 billion settlement, and yesterday U.S. Attorney General Eric Holder announced that the DOJ and Citigroup have reached a settlement regarding federal investigations of mortgage securities.

The $7 billion settlement is much more than the $363 million Citi initially offered, and a bit more than half of the $12 billion the DOJ countered with, reports The Wall Street Journal. Let's take a look at the settlement in more detail.

Maybe you've practiced at a firm for a few years and you're ready for something different, or maybe you've always dreamed of arguing a case before the Supreme Court. But one thing's clear -- you've decided to start your own appellate practice.

So, go ahead and hang out a shingle, but if you think that's going to be enough to drive business, think again.

On Friday, the SEC filed civil charges against billionaire hedge fund manager Steven Cohen for failing to supervise two employees, criminally charged with insider trading, that occurred on his watch.

Cohen, known as one of the most successful hedge fund managers, has an estimated net worth of $9 billion, and his company SAC Capital Advisors LP, oversees $15 billion, Bloomberg reports. Since founding SAC in 1992, he has seen a 25% return in his investments each year.

Bloomberg reports that Professor John Coffee, of Columbia Law School, noted: "The SEC is aiming at his kneecaps, not his jugular ...This is a little like catching John Dillinger entering a bank with a submachine gun and charging him with double parking."

When Judges Clash: 2nd Circuit Dissentals Edition

Judicial clashes can be pretty amusing, particularly because we expect judges to be stoic and unflappable. But clearly there has been some flapping on the Second Circuit Court of Appeals.

Last August, a split Second Circuit panel upheld a high school field hockey coach’s 30-year sentence for attempting to produce child pornography. Circuit Judge Reena Raagi wrote the majority opinion, explaining that the sentence, which fell within the Guidelines range, was reasonable because “no limitation shall be placed on the information concerning the background, character, and conduct of a person convicted of an offense which a court of the United States may receive and consider for the purpose of imposing an appropriate sentence” within the prescribed range.”

Chief Judge Dennis Jacobs dissented, arguing that the sentence unfairly reached beyond “the offense of conviction,” which “amounts to a single act of attempted sexting.”

Seven Suggestions for Surviving Sandy in the Second Circuit

Hurricane preparation is turning into an annual event on the East Coast.

With just hours to go before Hurricane Sandy makes landfall, we have a few practical suggestions for those of you who have decided to hunker down and wait out the storm.

Federal Judge Offers Inside Look at Courts 'Disrobed'

Disrobed is not a legal bodice-ripper, as its title might suggest. (Come to think of it, there’s a serious void of legal bodice-rippers.) Instead, it’s an inside look at the District Court for the Eastern District of New York, presented through the eyes of Senior Judge Frederic Block.

Judge Block should have an interesting perspective on the inner workings of the federal courts: Appointed to the district court in 1994 by President Bill Clinton, Judge Block spent nearly 20 years as a federal judge, presiding over big-name cases, like the Crown Heights Riots trial and the trials of mafia boss Peter Gotti and nightclub magnate Peter Gatien.