Claimant alleged as follows: Negligence; breach of fiduciary duty, unsuitable investments, and consumer fraud. Claimant's causes of action are in connection with technology related common stock.
Landsman represents Alex Brown of the Saints - Investment News 2010.10.28 inv...blocklandsman
An NFL player sued his former financial advisers for $3.9 million, alleging they invested his money poorly in illiquid assets like airplane hangars and life insurance products without his knowledge. The player claims he trusted the advisers, who were long-time friends, and they took advantage of that trust for their own enrichment. The advisers deny the allegations and say the player was aware of all investment decisions.
This newsletter article summarizes two main topics:
1) It discusses a new option for investors to resolve disputes with registered investment advisors (RIAs) through voluntary FINRA arbitration rather than litigation. Arbitration is typically less expensive but provides limited discovery compared to court. Lawyers must consider these factors when deciding the best forum.
2) It provides tips for firms on conducting a compliance project during the typically quieter summer market period. Suggestions include evaluating the firm's compliance program, prioritizing projects that increase efficiencies, and selecting one or two meaningful projects to focus on rather than avoiding all projects.
Block & Landsman: Judgments and settlementsblocklandsman
The document describes several legal judgments and settlements involving investment fraud at various financial firms. They include a $5 million award against Lehman Brothers for principal protected note fraud, a $1.15 million settlement for an adviser who misappropriated an elderly client's funds, and a $700,000 settlement for an adviser who engaged in a pattern of selling unsuitable investments.
Claimant alleged as follows: Negligence; breach of fiduciary duty, unsuitable investments, and consumer fraud. Claimant's causes of action are in connection with technology related common stock.
Landsman represents Alex Brown of the Saints - Investment News 2010.10.28 inv...blocklandsman
An NFL player sued his former financial advisers for $3.9 million, alleging they invested his money poorly in illiquid assets like airplane hangars and life insurance products without his knowledge. The player claims he trusted the advisers, who were long-time friends, and they took advantage of that trust for their own enrichment. The advisers deny the allegations and say the player was aware of all investment decisions.
This newsletter article summarizes two main topics:
1) It discusses a new option for investors to resolve disputes with registered investment advisors (RIAs) through voluntary FINRA arbitration rather than litigation. Arbitration is typically less expensive but provides limited discovery compared to court. Lawyers must consider these factors when deciding the best forum.
2) It provides tips for firms on conducting a compliance project during the typically quieter summer market period. Suggestions include evaluating the firm's compliance program, prioritizing projects that increase efficiencies, and selecting one or two meaningful projects to focus on rather than avoiding all projects.
Block & Landsman: Judgments and settlementsblocklandsman
The document describes several legal judgments and settlements involving investment fraud at various financial firms. They include a $5 million award against Lehman Brothers for principal protected note fraud, a $1.15 million settlement for an adviser who misappropriated an elderly client's funds, and a $700,000 settlement for an adviser who engaged in a pattern of selling unsuitable investments.
The Dodd-Frank Act aims to overhaul rules governing brokers and their relationship with investors. It authorizes the SEC to impose fiduciary duties on brokers, requiring them to put clients' interests ahead of their own. It also allows the SEC to reform securities arbitration rules to give investors a more level playing field. This is expected to increase protections for investors and hold brokers to higher standards of care. The SEC will likely require brokers to meet the same fiduciary standard as investment advisors. It may also address issues like mandatory arbitration agreements and the inclusion of "industry arbitrators" to make the dispute resolution process fairer for investors.
Landsman article - the effect of laughlin v. evanston hospital 1997.06blocklandsman
An article written by Laurence Landsman for the Loyola Consumer Law Reporter regarding the effect of Laughlin v. Evanston Hospital on Consumer Fraud Act Claims For Nondeceptive Unfair Acts or Practices.
Laurence Landsman interview 2001.02.28 usa today (viaticals)blocklandsman
An elderly couple invested a significant portion of their net worth in a viatical life insurance deal through an agent they trusted. However, their money was turned over to an escrow agent that was later accused of misappropriating millions of dollars from investors. While the agent who sold them the investment lost money as well and felt badly about their situation, over half of the couple's original investment was unable to be accounted for due to the collapse of the companies involved. Viatical investments carry high risks and seniors were warned to thoroughly research companies before investing.
Claimants asserted the following causes of action: breach of contract; negligence; and failure to transfer. The causes of action related to Claimants' investments in infinera Corp. ("INFN") [*3] through limited liability companies ("LLCs") organized by AEI that, in turn invested in INFN.
In the Matter of the Arbitration Between: Walter A. Moede, Jr., Claimant v. Web Street Securities, Inc., Johnny Fiscus, and Edward McCarthy, Respondents
Block and Landsman Award - Kappel, breach of contractblocklandsman
The panel denied all claims by Advanced Equities, Inc. against Denise Kappel and awarded Kappel $260,328 in compensatory damages, $200,000 in compensatory and punitive damages under Title VII, and $80,000 in attorney's fees. The panel assessed Advanced Equities $27,040 in total fees, with a balance due of $19,825. Kappel was due a $775 refund.
Block and Landsman Award - Neuberger Bermanblocklandsman
The document discusses the benefits of exercise for mental health. Regular physical activity can help reduce anxiety and depression and improve mood and cognitive function. Exercise causes chemical changes in the brain that may help protect against mental illness and improve symptoms.
The Future of Criminal Defense Lawyer in India.pdfveteranlegal
https://veteranlegal.in/defense-lawyer-in-india/ | Criminal defense Lawyer in India has always been a vital aspect of the country's legal system. As defenders of justice, criminal Defense Lawyer play a critical role in ensuring that individuals accused of crimes receive a fair trial and that their constitutional rights are protected. As India evolves socially, economically, and technologically, the role and future of criminal Defense Lawyer are also undergoing significant changes. This comprehensive blog explores the current landscape, challenges, technological advancements, and prospects for criminal Defense Lawyer in India.
Safeguarding Against Financial Crime: AML Compliance Regulations DemystifiedPROF. PAUL ALLIEU KAMARA
To ensure the integrity of financial systems and combat illicit financial activities, understanding AML (Anti-Money Laundering) compliance regulations is crucial for financial institutions and businesses. AML compliance regulations are designed to prevent money laundering and the financing of terrorist activities by imposing specific requirements on financial institutions, including customer due diligence, monitoring, and reporting of suspicious activities (GitHub Docs).
Receivership and liquidation Accounts
Being a Paper Presented at Business Recovery and Insolvency Practitioners Association of Nigeria (BRIPAN) on Friday, August 18, 2023.
Sangyun Lee, 'Why Korea's Merger Control Occasionally Fails: A Public Choice ...Sangyun Lee
Presentation slides for a session held on June 4, 2024, at Kyoto University. This presentation is based on the presenter’s recent paper, coauthored with Hwang Lee, Professor, Korea University, with the same title, published in the Journal of Business Administration & Law, Volume 34, No. 2 (April 2024). The paper, written in Korean, is available at <https://shorturl.at/GCWcI>.
Integrating Advocacy and Legal Tactics to Tackle Online Consumer Complaintsseoglobal20
Our company bridges the gap between registered users and experienced advocates, offering a user-friendly online platform for seamless interaction. This platform empowers users to voice their grievances, particularly regarding online consumer issues. We streamline support by utilizing our team of expert advocates to provide consultancy services and initiate appropriate legal actions.
Our Online Consumer Legal Forum offers comprehensive guidance to individuals and businesses facing consumer complaints. With a dedicated team, round-the-clock support, and efficient complaint management, we are the preferred solution for addressing consumer grievances.
Our intuitive online interface allows individuals to register complaints, seek legal advice, and pursue justice conveniently. Users can submit complaints via mobile devices and send legal notices to companies directly through our portal.
The Dodd-Frank Act aims to overhaul rules governing brokers and their relationship with investors. It authorizes the SEC to impose fiduciary duties on brokers, requiring them to put clients' interests ahead of their own. It also allows the SEC to reform securities arbitration rules to give investors a more level playing field. This is expected to increase protections for investors and hold brokers to higher standards of care. The SEC will likely require brokers to meet the same fiduciary standard as investment advisors. It may also address issues like mandatory arbitration agreements and the inclusion of "industry arbitrators" to make the dispute resolution process fairer for investors.
Landsman article - the effect of laughlin v. evanston hospital 1997.06blocklandsman
An article written by Laurence Landsman for the Loyola Consumer Law Reporter regarding the effect of Laughlin v. Evanston Hospital on Consumer Fraud Act Claims For Nondeceptive Unfair Acts or Practices.
Laurence Landsman interview 2001.02.28 usa today (viaticals)blocklandsman
An elderly couple invested a significant portion of their net worth in a viatical life insurance deal through an agent they trusted. However, their money was turned over to an escrow agent that was later accused of misappropriating millions of dollars from investors. While the agent who sold them the investment lost money as well and felt badly about their situation, over half of the couple's original investment was unable to be accounted for due to the collapse of the companies involved. Viatical investments carry high risks and seniors were warned to thoroughly research companies before investing.
Claimants asserted the following causes of action: breach of contract; negligence; and failure to transfer. The causes of action related to Claimants' investments in infinera Corp. ("INFN") [*3] through limited liability companies ("LLCs") organized by AEI that, in turn invested in INFN.
In the Matter of the Arbitration Between: Walter A. Moede, Jr., Claimant v. Web Street Securities, Inc., Johnny Fiscus, and Edward McCarthy, Respondents
Block and Landsman Award - Kappel, breach of contractblocklandsman
The panel denied all claims by Advanced Equities, Inc. against Denise Kappel and awarded Kappel $260,328 in compensatory damages, $200,000 in compensatory and punitive damages under Title VII, and $80,000 in attorney's fees. The panel assessed Advanced Equities $27,040 in total fees, with a balance due of $19,825. Kappel was due a $775 refund.
Block and Landsman Award - Neuberger Bermanblocklandsman
The document discusses the benefits of exercise for mental health. Regular physical activity can help reduce anxiety and depression and improve mood and cognitive function. Exercise causes chemical changes in the brain that may help protect against mental illness and improve symptoms.
The Future of Criminal Defense Lawyer in India.pdfveteranlegal
https://veteranlegal.in/defense-lawyer-in-india/ | Criminal defense Lawyer in India has always been a vital aspect of the country's legal system. As defenders of justice, criminal Defense Lawyer play a critical role in ensuring that individuals accused of crimes receive a fair trial and that their constitutional rights are protected. As India evolves socially, economically, and technologically, the role and future of criminal Defense Lawyer are also undergoing significant changes. This comprehensive blog explores the current landscape, challenges, technological advancements, and prospects for criminal Defense Lawyer in India.
Safeguarding Against Financial Crime: AML Compliance Regulations DemystifiedPROF. PAUL ALLIEU KAMARA
To ensure the integrity of financial systems and combat illicit financial activities, understanding AML (Anti-Money Laundering) compliance regulations is crucial for financial institutions and businesses. AML compliance regulations are designed to prevent money laundering and the financing of terrorist activities by imposing specific requirements on financial institutions, including customer due diligence, monitoring, and reporting of suspicious activities (GitHub Docs).
Receivership and liquidation Accounts
Being a Paper Presented at Business Recovery and Insolvency Practitioners Association of Nigeria (BRIPAN) on Friday, August 18, 2023.
Sangyun Lee, 'Why Korea's Merger Control Occasionally Fails: A Public Choice ...Sangyun Lee
Presentation slides for a session held on June 4, 2024, at Kyoto University. This presentation is based on the presenter’s recent paper, coauthored with Hwang Lee, Professor, Korea University, with the same title, published in the Journal of Business Administration & Law, Volume 34, No. 2 (April 2024). The paper, written in Korean, is available at <https://shorturl.at/GCWcI>.
Integrating Advocacy and Legal Tactics to Tackle Online Consumer Complaintsseoglobal20
Our company bridges the gap between registered users and experienced advocates, offering a user-friendly online platform for seamless interaction. This platform empowers users to voice their grievances, particularly regarding online consumer issues. We streamline support by utilizing our team of expert advocates to provide consultancy services and initiate appropriate legal actions.
Our Online Consumer Legal Forum offers comprehensive guidance to individuals and businesses facing consumer complaints. With a dedicated team, round-the-clock support, and efficient complaint management, we are the preferred solution for addressing consumer grievances.
Our intuitive online interface allows individuals to register complaints, seek legal advice, and pursue justice conveniently. Users can submit complaints via mobile devices and send legal notices to companies directly through our portal.
सुप्रीम कोर्ट ने यह भी माना था कि मजिस्ट्रेट का यह कर्तव्य है कि वह सुनिश्चित करे कि अधिकारी पीएमएलए के तहत निर्धारित प्रक्रिया के साथ-साथ संवैधानिक सुरक्षा उपायों का भी उचित रूप से पालन करें।
Pedal to the Court Understanding Your Rights after a Cycling Collision.pdfSunsetWestLegalGroup
The immediate step is an intelligent choice; don’t procrastinate. In the aftermath of the crash, taking care of yourself and taking quick steps can help you protect yourself from significant injuries. Make sure that you have collected the essential data and information.