Anyone who reads the newspaper on a regular basis has likely noticed a steady increase in the number of major financial crime cases brought by government officials. Indeed, one term people have likely come across during the course of their readings on these cases is...
Month: May 2015
Wireless companies pay out millions to settle ‘cramming’ lawsuits
Thanks to the advent of web-based billing, most people no longer receive their monthly statements for things like cable television, credit cards and cellphones in the mailbox, but rather in their inbox. While this web-based billing certainly has its advantages from...
How much do you know about the duties owed by officers, directors? – II
In a previous post, our blog started discussing how the law is structured in such a way that corporate officers, directors and controlling shareholders owe a fiduciary duty to the corporation and, by extension, its shareholders.Specifically, we examined how these...
Understanding more about receiverships
It's important for defrauded investors to understand that the Securities and Exchange Commission, the federal agency tasked with holding people accountable for violations of U.S. securities laws, does not actually pursue criminal charges against organizations and...
Ex-Dolphin accused of running million-dollar Ponzi scheme
Over the last few weeks, the majority of National Football League news coverage has been dedicated to covering the draft, which was held in Chicago just last night. While the majority of coverage over the next few weeks will, of course, focus on breaking down the...