Search results
Results from the WOW.Com Content Network
On February 21, 2023, the United States Securities and Exchange Commission (SEC) charged the Church of Jesus Christ of Latter-day Saints (LDS Church) and its non-profit investment arm, Ensign Peak Advisors (EP), for failing to disclose the LDS Church's investments, and instead creating shell companies whose purpose was to obscure the church's portfolio.
A federal lawsuit alleges the investment arm of The Church of Jesus Christ of Latter-day Saints misused hundreds of thousands of dollars.
The LDS Church denied legal liability in the case, and said it was settling the lawsuit based on "litigation economics" alone. [1] In September 2008, LDS Church bishop Timothy McCleve pleaded guilty to sexually molesting children from his ward. [2] He was sentenced in December 2008 to 1–15 year prison terms for the abuse. [3]
“There are clear patterns to LDS abuse, just like the Catholic Church,” an attorney for the plaintiff said. LDS Church settles with Tacoma sex abuse survivor for $1.1 M. More WA lawsuits pending
The church denied wrongdoing but settled its part of the lawsuit for $1 million in December, and the woman's mother settled for $200,000 in February, according to news reports.
Kirton McConkie building in downtown Salt Lake City, Utah. Dedicated in 2012 by LDS Church apostle Dallin H. Oaks. [2] 1975 policy on LDS Church employment of mothers - Prior to 1975, the LDS Church had a policy that a woman's employment was terminated upon the birth of her first child. Kirton McConkie formed a legal opinion that the LDS Church ...
The Late Corporation of the Church of Jesus Christ of Latter-Day Saints v. United States, 136 U.S. 1 (1890), was a Supreme Court case that upheld the Edmunds–Tucker Act on May 19, 1890. Among other things, the act disincorporated the Church of Jesus Christ of Latter-day Saints (LDS Church).
The lawsuits drove the company to declare bankruptcy in 1995, before it agreed to pay $2.3 billion to settle claims from 240,000 women in amounts ranging from $2,000 to $250,000 each in 2004 ...