Posted by Bridget Uribe. During the summer of 2015, one of the world’s most known Japanese companies broke headlines as a top accounting scandal. Investigators found the company was overstating operating profits by at least 151.8 billion yen ($1.2 billion in U.S. dollars) between the years of 2008 and 2014. Their accounting problems primarily began …
Author Archives: blogbusinesslaw
Corruption Instead of Protection
Posted by Peyton Adams. Avery was wrongly convicted for strangling Maryetta Griffin. According to sources, Avery did not admit to the crime, and if he did, it was a forced confession. However, the jury did not believe him. The prosecution was able to sway the jury, which caused Mr. Avery to go to jail for …
Martin Shkreli Archives – Blog Business Law – a resource for business law students
Posted by Justin Cohen. Martin Shkreli a pharmaceutical CEO raised the price of an AIDS drug that saves people’s lives. In December of 2015, the prices of the drug, called Daraprim, was raised by five thousand percent, one bottle originally being $13.50 to $750. The ethical problem in this situation was by making the drug …
“Trias Politica”
Posted by Arben Bajrami. The United States’ government is divided into three branches – the legislative branch, the executive branch, and the judicial branch. The legislative branch is in charge of enacting the laws of the state and handling the money needed for our government to function. The executive branch is responsible for enforcing and …
Erin Andrews Lawsuit
Posted by Dalton Soffer. Erin Andrews, a sportscaster who has worked for ESPN and currently for FOX, was recently awarded $55 million by a Nashville jury for her civil lawsuit against a Nashville, Tennessee hotel owner and her stalker Michael David Barrett. In 2008 Barrett used a hacksaw to tamper with Andrews’ peephole and secretly …
A Father’s Battle
Posted by Sydney Kpundeh. A disgruntled New Jersey father has brought products liability design defect and failure-to-warn claims against The New Jersey Port Authority Transit Corporation to recover for injuries arising out of a take-home asbestos exposure. The case’s premise surrounds the father’s daughter, who started to exhibit signs of mesothelioma, which he claims were a …
A Father’s Battle
Posted by Sydney Kpundeh. A disgruntled New Jersey father has brought products liability design defect and failure-to-warn claims against The New Jersey Port Authority Transit Corporation to recover for injuries arising out of a take-home asbestos exposure. The case’s premise surrounds the father’s daughter, who started to exhibit signs of mesothelioma, which he claims were a …
Tom Brady’s Suspension
Posted by Mike Bocchino. Tom Brady has been accused of knowing about his team deflating footballs in the 2015 AFC championship game against the Indianapolis Colts. The footballs’ air pressure had been significantly reduced to a point where other players could tell the difference. The NFL commissioner, Roger Goodell, investigated and suspended Brady for knowing about …
Home Warranty Companies Face Lawsuits
Posted by Da’Naysia Aarons. In an article called, “Lawsuits and Consumer Reporters Fight Home Warranty Companies,” Heidi Turner discusses how home warranty companies are being sued by consumers. An investigative reporter was asked to look into a company called Sensible Home Warranty who was allegedly selling consumers a warranty policy. However, when one consumer asked …
NY Fed Whistleblower Could Prompt Congressional Investigation
The Federal Reserve Bank of New York has come under fire recently with the release of secret tapes supposedly of regulators planning to “go soft” on Goldman Sachs. Carmen Segarra, a former employee who was assigned to Goldman, claims in a lawsuit that she was under pressure by her superiors to overlook certain findings she made concerning the …
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