Posted by Dan Mikrut. Who knew that typing 280 characters could turn into a $40 Million dollar law suit. This is the cold reality in the case of the SEC vs. Elon Musk. On September 27, 2018 the SEC filed securities fraud charges against Elon Musk, the chairman and CEO of Tesla Motors. On August …
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Posted by Divina Tanamal. An unnamed telephone marketing company was recently brought to trial by the Department of Labor. The company was accused of unfair treatment of its employees for not allowing them to be financially compensated while taking breaks in between working hours. Although the sales representatives were able to log off their computers …
Posted by Gerald Wrona. Interesting. That is one word to describe the NY Times report on the pre-trial proceedings of the Libyan Investment Authority’s (LIA) suit against Goldman Sachs (Anderson). Acting as broker-dealer to the sovereign wealth fund, Goldman established a relationship with the fund’s managers in 2007. A year later, Secretary of State Condoleezza Rice …
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Posted by Connor O’Reilly. On October 15th California Governor Jerry Brown signed several employment related bills into effect. These bills have been crafted and designed to change laws regarding the state’s employers. “The newly-enacted laws address a range of topics, including criminal conviction history, salary history and sanctuary immigration policy.” The governor’s first major law …
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Posted by Carlos R. Rodriguez. The article “Ex-U.S. Tax Court Judge, Husband Indicted in Tax Case” written by The Associated Press mainly discusses the topic of how a former U.S. Tax Court Judge, Diane Kroupa and her husband, Robert Fackler have been charged with conspiracy to defraud the United States, tax evasion, making and subscribing …
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Posted by Emanuel Sanfilippo. On Monday the 28th, Diane Backis, a corporate accountant in New York, admitted to stealing at least $3.1 million from Cargill Inc., an agricultural business giant. In doing so, Backis caused $25 million in losses to Cargill’s grain shipping operations at the Port of Albany according to the Associated Press. Diane Backis …
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Posted by Divina Tanamal. An unnamed telephone marketing company was recently brought to trial by the Department of Labor. The company was accused of unfair treatment of its employees for not allowing them to be financially compensated while taking breaks in between working hours. Although the sales representatives were able to log off their computers …
In 2017, Bank of America came to the agreement to pay $66.6 million to end its lawsuit accusing it of high rate of interest and fees from customers, who have checking accounts that were overdrawn for several days. The amount of interest and fees Bank of America charges was decided unlawful. The case was a …
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Posted by Justin Ihnken. For many years, especially those who found themselves in an area of economic success, investors who succeeded because they worked with a financial advisor. The roll of the advisor is to assist individuals in asset portfolio management. Investments in both fixed market vehicles, and those driven with equity in the market, have …
Posted by Ryan Simoneau. The National Law Review recently posted an article on February 20, 2018 discussing the impact of the N.Y. Court of Appeals decision in Forman v. Henkin, a personal injury case. Forman, the Plaintiff, claimed she suffered spinal and brain injuries when she fell off the Defendants horse. Before the accident, the …
