On January 6, 2017, the SEC announced that it awarded $5.5 million to a whistleblower who came forward with information that led to a successful SEC enforcement action. The whistleblower …
What is the fate of the fiduciary rule under the Trump Administration? In May of last year, this Blog wrote about the Department of Labor’s fiduciary rule, which requires financial advisors …
Business owners hate litigation. In fact, there are few things they hate more. Litigation damages relationships, tarnishes reputations, and interferes with business operations. Even small claims divert time, money and …
Your client comes to you with a complaint that was recently served on him. Among other claims, the plaintiff contends that your client breached his agreement to sell widgets. After …
From time to time, this Blog has written about lawsuits involving corporations, including those brought as shareholder derivative actions (here). As this Blog explained, a derivative action is a lawsuit …
On December 22, 2016, the Department of Justice (“DOJ”) announced that Teva Pharmaceutical Industries Ltd. (“Teva”), the world’s largest manufacturer of generic pharmaceutical products, and its wholly-owned Russian subsidiary, Teva …
What could this legislation mean for New York businesses? New York Attorney General Eric T. Schneiderman recently introduced legislation intended to reduce the use of non-compete agreements in the workplace. …
Can I receive a financial award for blowing the whistle on my company? A Texas federal jury has found the entities formerly known as Allied Home Mortgage Capital Corporation (“Allied …
We live in a technologically advanced world. Our phones are smart, our tablets are mini-computers, and our laptops/notebooks are more powerful than ever. We can interact with each other through …
What anti-money laundering compliance programs should financial firms have in place? The Financial Industry Regulatory Authority (“FINRA”) recently announced that it had fined Credit Suisse Securities (USA) LLC, a former …
