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15 Nov 2023, 9:01 pm by renholding
On October 12, 2023, the UK’s Competition and Markets Authority (CMA) issued its final Green Agreements Guidance (Guidance). [read post]
SEC Charges Middlesex Mortgage Group and Masanotti with Running $5.9 Million Ponzi Scheme The U.S. Securities and Exchange Commission (“SEC”) has alleged that unregistered investment adviser John A. Masanotti, Jr. (“Masanotti” of Darien, Connecticut and his company, Middlesex Mortgage Group LLC (“MMG”), with fraud in connection with investments that MMC induced from outside investors, totaling least $5.9 million, beginning in 2016. Many of the MMG investors allegedly liquidated securities they held in retirement accounts to invest in the fund. The SEC Complaint is accessible here. According to the SEC. MMC and Masanotti allegedly used investor money to make Ponzi-like payments to investors and also used some investor funds for Masanotti’s “extravagant personal expenses,” According to the SEC, Masanotti told investors that MMC would invest their money in foreign currencies, securities and initial public offerings, but in fact MMC appears to have made no investments on their behalf. After receiving their initial payments, Masanotti continued to deceive investors to perpetuate the investment scheme, including via payments that purported to be returns on capital invested, the SEC said. Over the course of the scheme, Masanotti allegedly used more than $3 million of Middlesex’s assets for his and his family’s personal benefit, according to the suit. The SEC accuses Masanotti of violating the Securities Act and the Exchange Act. A Ponzi scheme is a purported investment vehicle in which early investors in the scheme are paid funds from later investors, thus creating the illusion of legitimacy and solvency. Ponzi schemes are often doomed to failure once the perpetrator of the scheme can no longer pay out investors through newly raised money. Some warning signs that every investor should remain mindful of when vetting a potential investment and conducting due diligence include the promise of high returns with guarantees of little or no risk; overly consistent returns with little or no volatility in the in
14 Nov 2023, 4:30 pm by InvestorLawyers
Over the course of the scheme, Masanotti allegedly used more than $3 million of Middlesex’s assets for his and his family’s personal benefit, according to the suit. [read post]
14 Nov 2023, 3:18 pm by Steve Bainbridge
“It’s a question of materiality,” said Bryan Westhoff, an attorney at Polsinelli PC. [read post]
14 Nov 2023, 1:49 pm by The Murray Law Firm
” According to the report, “[u]pon hearing the gunshots, the teen’s aunt went to investigate and found the 13-year-old bleeding out in the doorway of the apartment. [read post]
14 Nov 2023, 8:15 am by Eric S. Solotoff
Before the husband’s death, he named his former wife as his power of attorney. [read post]
13 Nov 2023, 12:10 pm by Thomas B. Griffith
The Attorney General read Judge Garcia’s Commission from the President. [read post]
13 Nov 2023, 11:11 am by jeffreynewmanadmin
Attorneys Office for the District of Colorado, DOI-OIG’s Energy Investigations Unit, DOI’s Office of the Solicitor and DOI’s Office of Natural Resources Revenue. [read post]
10 Nov 2023, 6:22 am by Andrew Lavoott Bluestone
If an attorneys actions resulted directly in the loss of a cause of action,the “measure of damages is generally the value of the claim lost” (McKenna vForsyth & Forsyth, 280 AD2d 79, 80 [4th Dept 2001], Iv denied96 NY2d 720[2001]). [read post]
9 Nov 2023, 2:55 pm
If you are considering applying for citizenship and have concerns about your past arrests, convictions, or other issues, you need a Plano, Texas immigration attorney to help you explore your options. [read post]
9 Nov 2023, 11:10 am by Jay W. Belle Isle
The announced grants will reach historically marginalized and underserved communities, college and university campuses, rural towns, culturally specific communities, Tribal nations, and more. [read post]
6 Nov 2023, 9:00 pm by Sherica Celine
Practical Guidance is committed to amplifying diverse voices of attorneys across all differences, including gender and race. [read post]
6 Nov 2023, 10:03 am by Odia Kagan
Sale: for monetary or other valuable consideration Sensitive information concept similar to the other state laws and requires consent Third party includes public authority or agency Similar consumer rights as under other state laws (access, rectification, deletion, opt out) Targeted advertising to under 16’s or selling their data requires consent Required privacy notice Honoring opt out preference signals (starting 1/1/26) Detailed requirements for controller to… [read post]
6 Nov 2023, 4:11 am by Andrew Lavoott Bluestone
She points to a January 2, 2020 correspondence between Hollander and Gordon’s husband which she claims evidences a clear breakdown of the attorney-client relationship. [read post]
3 Nov 2023, 4:57 am by Andrew Lavoott Bluestone
Mensch v Calogero 2023 NY Slip Op 33648(U) October 17, 2023Supreme Court, New York County Docket Number: Index No. 155795/2022Judge: Dakota D. [read post]