Business Law | Law Firm Newswire

Irvine, CA (Law Firm Newswire) October 7, 2019 – Following a seven-week jury trial in the Nevada District Court, Enterprise Counsel Group (ECG) Partner Anjuli Woods successfully defended client, Frederick Chin, in the case entitled LLV Holdco, LLC v. Atalon Management Group LLC, et al. against a $15 million claim. In 2007, following the near collapse of LLV Holdco, LLC and its affiliates (plaintiffs), who were the developers of Lake Las Vegas, Mr. Chin was brought on as Chief Restructuring Officer. While holding that position, Mr. Chin successfully steered the plaintiffs through bankruptcy. In this lawsuit, however, the plaintiffs sought […]


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Corpus Christi, TX (Law Firm Newswire) October 2, 2019 – To maintain the practice of general law Alex R. Hernandez Jr. Trial Lawyers PLLC has changed its name to Alex R. Hernandez Jr. PLLC Attorneys at Law effective immediately. The firm has integrated more transactional, international, and real estate work into its practice and although it maintains the trial law department is also now handling non-trial matters including estate planning, licensing, tax protests, administrative law, and other areas of law that do not necessarily need a trial lawyer to handle. Established in 2001 Alex R. Hernandez Jr. PLLC Attorneys at […]


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Garden City, NY (Law Firm Newswire) September 17, 2019 – Scully, Scott, Murphy & Presser is pleased to announce that Brian M. Rothery has joined the firm as a partner. Mr. Rothery has extensive experience representing both plaintiffs and defendants in a wide range of intellectual property law cases. Mr. Rothery provides strategic representation to clients in technology disputes involving patents, trade secrets, trademarks, and copyrights. In addition to his trial practice, he also counsels clients on technology-related issues such as licensing, product development and supply agreements, merger and acquisition due diligence, product clearance (Freedom to Operate), and IP portfolio […]


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Fort Lauderdale, FL (Law Firm Newswire) August 29, 2019 – The Wolper Law Firm, P.A. is expanding its investigation of brokerage firms and financial advisors who sold market linked certificates of deposit (“Market Linked CDs”) a/k/a structured certificates of deposit (“Structured CDs”), adjustable rate certificates of deposit (“Adjustable Rate CDs”) and equity-linked certificates of deposit (“Equity Linked CDs”) to retail customers. In recent years, brokerage firms and financial advisors across the country have aggressively marketed and sold these securities to retail clients as safe and secure traditional investment vehicles. Market Linked CDs are not traditional CDs but rather structured products. […]


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Fort Lauderdale, FL (Law Firm Newswire) August 19, 2019 – GPB Capital Holdings is at the center of a government investigation, facing claims the company is nothing more than an elaborate Ponzi scheme. In 2013, GPB Capital Holdings was formed, with a focus on returning high single-digit returns to investors through purchasing auto dealerships and waste management companies. GPB sold directly to investors but also enlisted the help of 60-some broker-dealers. GPB offered these broker-dealers lucrative commissions, up to nine percent of the total value of the investment. In its early years, GPB Capital Holdings was a hit, both with […]


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Ridgewood, NJ (Law Firm Newswire) August 3, 2019 – Nachman Phulwani Zimovcak (NPZ) Law Group, P.C. – also known as “VISASERVE” – has relocated its Central New Jersey office to 907 Route 202 in Raritan, NJ 08869. This office is conveniently located near the Somerville Circle and it is also within walking distance (two blocks) from the NJ Transit Train Station-Raritan, providing direct access to Newark Penn Station. The convenient access to multiple major highways and public transportation nodes allows us to better serve our clients in Central New Jersey. Snehal Batra, Esq., will continue to serve as the Managing […]


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San Mateo, CA (Law Firm Newswire) August 01, 2019 – A lawsuit against Summit Estate, Inc. was dismissed with prejudice on the eve of trial. The lawsuit entitled Bryan Garrison v. Summit Estate et al. was an employment discrimination suit brought in 2016, and also included a cross complaint filed by Summit against Mr. Garrison alleging breach of contract and fraud. Summit defended against the claims for nearly three years, and filed its cross complaint after conducting significant investigation and discovery including multiple depositions. Summit Estate, Inc. was represented by Sanjiv N. Singh and a team of attorneys from Sanjiv […]


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Austin, TX (Law Firm Newswire) July 19, 2019 – In Scripps NP Operating, LLC v. Carter, the court holds that a newspaper may be held liable for statements made in a series of articles reporting on the financial improprieties of a private citizen. On May 24, 2019, the state’s high court issued an opinion in a Texas defamation case involving a series of articles that the Corpus Christi Times-Caller published about the then-Chief Executive Officer of the city’s Chamber of Commerce. The case required the court to determine if the newspaper was entitled to summary judgment based on the fact […]


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Washington, DC (Law Firm Newswire) July 5, 2019 – 117 prisoners appealed to the US Supreme Court on Friday in an action challenging California’s failure to move them out of harm’s way during a 2004-2014 valley fever epidemic in Central California. The disease ravaged the population in two facilities, Pleasant Valley State Prison and Avenal State Prison. The lead defendant in the action is former Governor Arnold Schwarzenegger. His administration did nothing. In cases that are not fatal, it causes a continuum of adverse health complications starting with impediments to breathing (such as choking, coughing blood and feelings of suffocation), […]


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Fort Lauderdale, FL (Law Firm Newswire) June 19, 2019 – The Wolper Law Firm is currently investigating potential claims against various brokerage firms that received a total of $100 million in commissions by recommending their clients invest in private placement securities issued by GPB Capital Holdings. GPB Capital Holdings, LLC is a New York based alternative asset management firm that started in 2013. Initially, the company accepted investments from 4,000 investors, receiving hundreds of millions of dollars in capital. In addition, GPB Capital Holdings encouraged brokerage houses to recommend its products by offering lucrative commissions, up to nearly 8 percent […]


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Fort Lauderdale, FL (Law Firm Newswire) June 14, 2019 – Wolper Law Firm, P.A. announces that it is investigating brokerage firm Buckman, Buckman & Reid regarding its investment sales practices with retail customers. Buckman, Buckman & Reid is a brokerage firm founded in 1988 by H. John Buckman and John Reid. It is based in New Jersey but has branch offices nationwide. Since becoming a registered broker-dealer and member of the Financial Industry Regulatory Authority (“FINRA”), Buckman, Buckman & Reid has had sixteen (16) regulatory disclosures reported on its permanent record maintained by the Central Registration Depository (“CRD”). Among the […]


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Houston, TX (Law Firm Newswire) May 17, 2019 – In a spirited discussion on MSNBC’s Velshi & Ruhle program on May 15, 2019, Tom Ajamie discussed how President Trump’s tweets drive the financial markets and the potential legal jeopardy for Trump and people in his inner circle. “Look, he can move markets,” said Ajamie. “He is the most powerful man in the world, and everyone listens to how he speaks,” he said. Tom went on to say that the president does have some immunity, but also questioned the extent to which family members and business associates may be implicated for […]


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Fort Lauderdale, FL (Law Firm Newswire) May 9, 2019 – A margin loan refers to money that an investor borrows from a brokerage firm. The margin loan is collateralized by the assets held in the customer’s investment account (i.e., securities). Customers are generally free to use the margin loan to buy additional securities or to withdraw the funds from the account to meet personal expenses. Brokerage firms will issue a margin call if the value of the collateral assets supporting the margin loan falls below the maintenance requirement. Put another way, if the collateral declines, the brokerage firm expects that […]


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Austin, TX (Law Firm Newswire) May 6, 2019 – A Federal lawsuit was recently filed against Morrison & Foerster by one of its clients that alleged the firm engaged in “egregious” overbilling, among other things. The plaintiffs in the lawsuit are Firestar Diamond International and its owner, jewelry designer Nirav Modi, Synergies Corporation, AVD Trading and Firestar Group LLC. The lawsuit was filed in the United States District Court for the Western District of Texas and alleges breach of fiduciary duty, negligence, fraud, breach of contract and theft. The lawsuit alleges that Morrison & Foerster was initially hired to sell […]


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La Jolla, CA (Law Firm Newswire) April 1, 2019 – Thermal Pipe Shields, an innovator in the pipe insulation industry, recently filed an antitrust lawsuit against the dominant supplier, Berkshire Hathaway (NYSE: BRK) company Johns Manville Corporation. Before Thermal Pipe Shields entered the market, Johns Manville had the market to itself. In independent tests, Thermal Pipe Shields’ product met or exceeded the industry standard and outperformed Johns Manville’s product in several ways and at a lower cost. But Thermal Pipe Shields was forced to file an antitrust lawsuit because Johns Manville, which controls 98% of the market, resorted to disparagement […]


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Austin, TX (Law Firm Newswire) March 6, 2019 – On January 25, 2019, the Texas Supreme Court issued a decision in the case of Glassdoor, Inc. v. Andra Group, LP where the issue was what evidentiary standard is required for the unmasking of negative and possibly defamatory reviews about businesses in online forums and social media. Glassdoor is a company that operates a jobs and recruiting website where people can post reviews of their current or former employers. The posts can be done anonymously and Glassdoor has no role in drafting or editing the posts. Andra Group, LLP. is a […]


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Irvine, CA (Law Firm Newswire) February 27, 2019 – Enterprise Counsel Group, ALC (ECG), a leading business trial, appellate and corporate law firm, announces a major decision in the Delaware Court of Chancery in a case brought by Applied Energetics, Inc., an Arizona-based energy technology company, against its former Principal Executive Officer, George Farley. In a 40-page decision, the Delaware Court of Chancery issued an order preliminarily enjoining the transfer, sale or otherwise disposal of 25 million shares of Applied Energetics stock, issued to that company’s former sole Director and Principal Executive Officer, George Farley. In so doing, the Court […]


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Fort Lauderdale, FL (Law Firm Newswire) February 14, 2019 – It is very important for the general public to obtain accurate information about the financial advisors who help them to manage their assets and wealth. Yet, the Financial Industry Regulatory Authority (FINRA) makes it difficult for reputable and honest brokers to ensure only accurate information appears on FINRA’s Central Registration Depository (CRD) and BrokerCheck websites. BrokerCheck and CRD are free databases that the general public can use to look up information on financial brokers. While those sites provide an invaluable service by informing the public on broker activities, they often […]


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Melville, NY (Law Firm Newswire) January 30, 2019 – Jonathan H. Freiberger, a member of the law firm of Freiberger Haber LLP, was recently quoted in the New York Post in an article about franchising issues related to the Bareburger hamburger chain. The link to the article can be found here. Located in New York City and Melville, Long Island, Freiberger Haber LLP is dedicated to representing corporations, small businesses, partnerships and individuals involved in a broad range of complex business, construction and commercial litigation matters. The firm combines the sophistication and counsel of a large national law firm with the […]


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New York, NY(Law Firm Newswire) January 22, 2019 – – Cicayda, a leading legal technology company that combines powerful software with legal expertise, today announced new production capabilities for its cloud-based eDiscovery platform Reprise, delivering production speeds in excess of 2.4 million documents in less than 24 hours. Cicayda’s Cloud-based eDiscovery Reprise Review solution produces documents quickly and easily, without additional charges, helping to simplify the eDiscovery document production process. “One of the most stressful events in the eDiscovery process is production time. We attempt to reduce client stress by providing real time quality control checks, incredible production speeds, simple […]


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