A jury in federal court in Manhattan has spoken. They found that five of convicted swindler Bernie Madoff's employees knew that the multi-billion dollar Ponzi scheme he orchestrated was illegal and fraudulent. It looks like they are all headed for the hoosegow along with Bernie,...
Many seem a little confused by the flurry of regulatory activity in Congress and the SEC the last few years when it comes to small business and capital formation. Regulation D? Regulation A? Kickstarter? Crowdfunding? Which is which? Here's a few sentences so you can...
Sheryl Sandberg, the incredibly talented COO of Facebook, has helped reignite a debate about as old as the feminist movement and maybe the human race itself. What do women need to do in order to find equality not only in the workplace, but in the...
One of the biggest changes in the regulation of capital formation by smaller companies is coming. The revisions to SEC Regulation A, mandated by the Jumpstart Our Business Startups (JOBS) Act of 2012, have been proposed by the SEC. Comments must be submitted no later...
Yes, hard-charging entrepreneurs face a real risk of getting bored with building the business. When does this happen? When success hits, bureaucracy builds, and meetings and committees start interfering with a founder's focus on vision, strategy and risk-taking. Or it can happen when a smart...
Continuing my exodus from the annoyingly lingering New York winter, I am on my way to beautiful Laguna Beach, CA for the annual Roth Capital Conference. Richardson & Patel, my law firm, is sponsoring and I'm excited for the networking, education, friendships and entertainment (Weazer...
A fascinating tale of excitement, buried treasure and a true legal thriller. John Grisham's latest pirate adventure? Nope, just a couple who found $10 million of gold coins buried in their yard in San Francisco recently. The gold, according to The San Francisco Chronicle, is...
You don't normally see me commenting on the weather here at the David Feldman blog. But this was a winter for the ages, at least here in New York, as well as many other parts of the US. Snow stranded thousands in Atlanta, flooding, roofs...
The vast majority of attorneys are honorable, hard working, well-intentioned and client-focused. Some, of course, are much more interested in their own bottom line than that of their client. Either way, even when well-intentioned, often clients perceive that their attorney is looking to milk their...
As we see more and more efforts by major law firms to adjust to changes in the economy, technology and law practice, big firm Arnold & Porter has announced an offer to buy out its entire secretarial staff over the next year to encourage them...