Posted by Shellian A. Murray. The basis for this blog will be an Enron story” The Smartest Guys in the Room (2005)” which was retrieved from the documentary listings on Netflix. A 2929 Entertainment, a Wagner/Cuban Company, Magnolia Pictures, HDNet Films. The documentary takes a behind the scenes look at the reliable energy company whose …
Author Archives: blogbusinesslaw
Apple Phones May Have Battery Issues
Posted by Kristina Volta. In light of the recent events of Samsung’s Galaxy Note 7 phones setting on fire, many people have been looking to Apple as an alternative. However, the new news of Apple’s IPhone 7 catching flame has many consumers nervous. The most recent case was when an Australian surf coach, Matt Jones, left …
Bank of America Settles Overdraft Lawsuit for $66.6 Million
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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Uber Goes on Legal Offensive Using Embattled Ad Agency
Posted by Mohammed Almanqari. Uber Company is always thought of being sued now and then for one or two issues. Apparently, the company has sued an advertising company called Fetch Media. Uber has taken to court Fetch Media accusing it of click fraud. The company had improperly billed Uber for online advertisements, which were not …
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Patchy Bitcoin Oversight Poses Hazards for Investors, Regulators Say
Posted by Shahrani Bhatti. On January 30th of 2018, U.S. regulators made it known that they feel Congress should expand regulation of the bitcoin as well as a growing number of other cryptocurrencies. Their reasoning being that the currency is not subject to investor-protection laws. The chairmen of the SEC and the CFTC told senators …
Continue reading “Patchy Bitcoin Oversight Poses Hazards for Investors, Regulators Say”
Bank of America Settles Overdraft Lawsuit for $66.6 Million
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 …
Continue reading “Bank of America Settles Overdraft Lawsuit for $66.6 Million”
Bernie Madoff Archives – Blog Business Law – a resource for business law students
Posted by Lindsey Pena. In business, ethics are strong guiding principles that aid managers, employees, and investors to correctly conduct business transactions. When ethical matters are disregarded, the end result is fraud, embezzlement, among many other illegal actions. One of these illegal actions is called a Ponzi scheme. Perhaps the most famous Ponzi scheme was …
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Issues Facing Forensic Accountants
Posted by Muhammad Azeem. Playing the role of a forensic accountant can be a fundamental one as it will influence various individuals whether in a business valuation or in a fraudulence sense. This article talks about how forensic accountant can play an indispensable part in perceiving issues and working up new tradition proceeding, irrespective of …
Greek Ship Fined for Falsifying Records and Polluting
Posted by Sarah Velez. International business relations is a major component of the United States economy. Foreign countries send their ships to the United States to pick up shipments and deliver products. While this global trade relationship is highly beneficial, the challenges that arise as a result of compliance issues and differences in ethical standards …
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Earl Simmons Archives – Blog Business Law – a resource for business law students
Posted by Ahmed Alzahrani. In this article, the rapper DMX is accused of evading tax. The rapper pleaded not guilty to any of the charges against him. He was later released in prison after spending one day in jail; this was after he paid $500,000 bond. The persecutor asserts that Earl Simmons also known as …
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