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19 Oct 2020, 4:19 am by Franklin C. McRoberts
Common-law dissolution, which predates BCL 1104-a, is an equitable cause of action which permits shareholders below the 20% ownership threshold to seek dissolution of a private corporation under certain circumstances of malfeasance. [read post]
16 Oct 2020, 4:45 am by Alan Rosca
Investors rights attorney Alan Rosca, of the Goldman Scarlato & Penny PC law firm, is investigating activity related to Yousuf Saljooki’s alleged undisclosed outside business activities and/or private securities transactions. [read post]
16 Oct 2020, 4:45 am by Alan Rosca
Investors rights attorney Alan Rosca, of the Goldman Scarlato & Penny PC law firm, is investigating activity related to Yousuf Saljooki’s alleged undisclosed outside business activities and/or private securities transactions. [read post]
13 Oct 2020, 7:45 am by IncNow
The other legal requirement after the public filing of the Certificate of Formation is the adoption of a private Operating Agreement for the LLC. [read post]
13 Oct 2020, 6:21 am by Renae Lloyd
These private placement investments promised tax deductions possibly worth four to four-and-a-half times a person’s investment. [read post]
12 Oct 2020, 12:54 pm by Renae Lloyd
Risks of Private Placement Investments Private Placements are often riskier and more complicated than traditional investments, and are only suitable for high net worth, sophisticated investors. [read post]
8 Oct 2020, 3:04 pm by Richard Reibstein Esq.
Of the $2.8 million settlement, $66,666.67 will be allocated for settlement of the Private Attorneys General Act (PAGA) claims. [read post]
8 Oct 2020, 1:09 pm by Shannon Hill
In 2013, for example, the FTC acted on this power and brought an enforcement action against TRENDnet, a company that marketed IoT devices for home use, alleging that the company’s “lax security practices exposed the private lives of hundreds of consumers to public viewing on the Internet. [read post]
8 Oct 2020, 8:56 am by Kristian Soltes
Legal and Regulatory Developments SPOTLIGHT: House Panel Says Big Tech Wields Monopoly PowerWall Street Journal – October 6, 2020 America’s biggest technology companies have leveraged their dominance to stamp out competition and stifle innovation, according to a Democratic-led House panel, which said Congress should consider forcing the tech giants to separate their dominant online platforms from other business lines. [read post]
7 Oct 2020, 11:44 am by News Desk
 It has been a private and family-owned business since its founding in 1934. [read post]
6 Oct 2020, 11:15 am by Bob Ambrogi
Finally, it was revealed on Sept. 24 that the practice management company Rocket Matter had been acquired by the private equity firm Lightyear Capital LLC, which will make it part of a new company, ProfitSolv, that also includes another recently acquired companies, TimeSolv, a provider of cloud-based legal billing and timekeeping software. [read post]
4 Oct 2020, 12:43 pm by Renae Lloyd
Luke’s Seafood LLC, Securities Investigation The White Law Group is investigating potential securities claims involving broker-dealers who may have unsuitably recommended Luke’s Seafood, LLC to investors. [read post]
2 Oct 2020, 4:32 pm by Renae Lloyd
The White Law Group, LLC is a national securities fraud, securities arbitration, investor protection, and securities regulation/compliance law firm with offices in Chicago, Illinois and Franklin, Tennessee. [read post]
2 Oct 2020, 4:50 am by Matthew L.M. Fletcher
Galanis set up a sham entity, Wealth Assurance Private Client Corporation (“WAPCC”), as a purported annuity provider even though it had no relationship with Wealth-Assurance. [read post]