Posted by Daniel Szatkowski. According to Chris Bruce in a Bloomberg article dated October 17, 2017, Wells Fargo was found charging costumers fees to lock interest rates on mortgages and other loans made with the bank. The lock rate fees earned by Wells Fargo are up to $98 million in the period of approximately four …
Author Archives: blogbusinesslaw
Battle for Control of Consumer Agency Heads to Court
Posted by Johnny A. Guerrero. This article was published by the New York Times on 26 November 2017 and was written by Stacy Cowley. The article illuminates the tension between a high-ranking government civil service official, Ms. Leandra English, and the President of the United States, Mr. Donald Trump. To further understand this dilemma, one …
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$417 Million Jury Award Against Johnson & Johnson Tossed
Posted by Nicholas Lillig. On October 20th, a judge tossed out a $417 million jury award to a woman who claimed that she developed ovarian cancer by using Johnson & Johnson talcum-based powder for feminine hygiene. The lawsuit is continuing even after the woman, Eva Echeverria, has died. Her attorney released a statement saying, “We …
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California Labor Statutes May Conflict with Federal Law
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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USDA Rule May Make It Difficult For Farmers
Posted by Charles Bond. My article is about the people who feed millions of Americans, farmers. Specifically, a ruling the USDA first tried to implement, but then decided to rescind. This ruling would have offered more protection for farmers who raise cows, pigs, and chickens for the largest meat producers in the United States. The …
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Federal Communications Commission Archives – Blog Business Law – a resource for business law students
Posted by Justin Trigg. Northern California homeowners have filed a lawsuit against Pacific Gas & Electric Co. for failing to sufficiently protect power lines before the region’s deadly wildfires. The homeowners Wayne and Jennifer Harvell argue, “[the] drought-like conditions over the summer put fire dangers ‘at an extraordinarily high level’, the homeowners are claiming PG&E …
Facebook to Appeal a Belgian Court’s Ruling on Data Privacy by Mark Scott
Posted by Michael de Andrade. A threat to European nations, Facebook is being seen as a social media giant who are stripping Europeans from their freedom. Facebook is being accused of “collecting digital information about people who are not its users,” by the Belgian Court’s. Many of the “Continent’s data watchdogs,” including the European Court of Justice, …
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General Motors Archives – Blog Business Law – a resource for business law students
Posted by Spencer Sink. Volkswagen is currently in the process of being sued for deliberately manufacturing cars that essentially cheat the emissions test. This case is somewhat similar to the cases with Toyota and General Motors, as Volkswagen will most definitely be forced to compensate the current vehicle owners for selling faulty products. However, we will most likely …
Are Portfolio Managers Losing Sight of What The Future Holds For Financial Planning?
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 …
Ethics and the Sub-Prime Mortgage Issue
Posted by Joseph Locorriere. The fundamentals of business, something that America has practiced for decades and which was proven to be the correct way of managing a business, include running an ethical business, such as taking proper care and recognition of employees and customers as well as the surrounding environment. However, as America continues to …