A veteran did the brave thing by taking a truck to drive victims of the Las Vegas shooting to the hospital. In the article, the author loosely uses the word “steal,” in reference to the truck, but in fact the defense of necessity would negate any charge of theft. The veteran stated “he looked for …
Author Archives: blogbusinesslaw
The Essence of Tax Evasion
Introduction Tax evasion is the practice of deliberately failing in an individual, corporate or trust’s obligations to remit their correct and due tax liability. The same can culminate into a criminal offense whose elements may require proof of omission or misinterpretation in the remittance or declaration of the correct tax position of the persons indicated …
Leon Cooperman: Hedge Fund Billionaire Off The SEC Hook Without Pleading Guilty And Settles At $ 4.9 Million In Penalty
Posted by Milan Rana. Finally, SEC’s one of the biggest insider trading case reached a settlement on May 18, 2017. This case is no different than other wall street insider trading cases. However, the important thing to note here is unlike other hedge fund managers, Mr. Cooperman did not plead guilty to the charges against …
Discrimination in the Workplace is an Issue, But It Requires Proof
Posted by Marissa Aniolowski. These two articles both address the same issue that occur in two different companies. This issue is sexual discrimination. In the first article, a woman accuses AutoNation of promoting a male over her solely because she is a female. The second article, addresses the issue of gender pay in the company …
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Donald Trump’s Libel Case Brings about Ethical Issue on Twitter
Posted by August Pimentel. President Donald Trump recently had a libel case against him dismissed in the Supreme Court of New York on the basis that his tweets were spreading opinion rather than fact, and therefore could not be held accountable for libel. The conflict began in February 2016, when Cheryl Jacobus, a Republican strategist who …
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Airline Dress Code Decision Was Correct
Posted by Anna Fajnorova. On March 26, a gate agent decided to deny two teenage girls from a flight because they were wearing leggings. The girls were traveling on a company travel pass and their leggings were a violation of the airline’s dress code. United Airlines defended the gate agent’s decision and it led to …
Settlements in Class Action
Posted by Ailinulan Aihemaiti. Politicians are always prone to controversy, and not even the current President of the United States, Donald J. Trump, is exempt from any of it. In 2010, a class suit was filed against Trump University upon allegations that it defrauded its students. The allegations centered around Trump University engaging in aggressive sales tactics and spreading …
Use Caution When Investing with Unknown Investment Companies
Posted by Jayce Chavez. Mark Moskowitz, a 48-year-old Short Hills New Jersey resident, pleaded guilty before U.S. District Judge Katharine Hayden to one charge of wire fraud. He admitted to fraudulently using investment money for his personal use. He ran a trading company and defrauded investors of more than $675,000 and used the money for …
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Bribery Charges Against Pharma
Posted by Michael Martin. Six former executives and managers of the pharmaceutical company Insys Therapeutics Inc. were arrested “on charges that they led a nationwide conspiracy to bribe medical practitioners to unnecessarily prescribe a fentanyl-based pain medication and defraud healthcare insurers” (Dep. of Justice). The spray drug, named “Subsys,” is a strong opioid that is …
Apple vs. Samsung Reopened
Posted by Nicole Boodhoo. About 6 years ago, Apple first sued Samsung over the design of their Galaxy S series. Apparently, the designs of the phones infringed on a patent that was created over the design of the original iPhone. The court closed the case in December of 2016, ruling in Samsung’s favor saying they …