There are all kinds of fascinating legal cases for sure. Apparently, one Brittany Lahm, now 24, back in 2009 got into a car accident in upstate NY. Her front seat passenger sadly was killed and others in the car injured. All the folks in the car...
Many intermediaries and consultants who assist companies in the going public process offer a "turnkey" solution that includes helping bring you the entire team necessary to complete the steps to a public trading stock. When interviewing potential advisors, ask whether they do recommend other professionals...
Back in 1988, the US Supreme Court opened the floodgates for class action claims by shareholders against public companies. In a case called Basic v. Levinson, the Court ruled that you could be an official class suing a company for misrepresentation even if you haven't...
I have found that, while not absolutely critical, it can be very helpful in working with advisors who assist companies in going public if they have some knowledge and experience of the industry in which you operate. For certain members of the team you need...
The decline in students taking the Law School Admission Test (LSAT), required for admission to virtually every law school, has continued. The 33,000 who took it in October is an 11% reduction from last year and the lowest since 1998. It is a 45% reduction...
As many know, when the SEC passed rules allowing companies and private funds to use general solicitation and advertising in certain private securities offerings as mandated by the Jumpstart Our Business Startups (JOBS) Act, they also proposed a series of rules that would add investor...
As we know, Washington State recently approved the recreational use of marijuana, official as of December 1. As we also know, doing so remains a federal crime. This has caused a number of thorny issues for those in the business of growing and selling pot....
A Dallas jury has ruled that billionaire Mark Cuban was not guilty of insider trading of stock of Momma.com back in 2004. The SEC had alleged that Cuban agreed in a phone call with the Company's CEO to keep information about a pending stock offering...
The ABA Journal tells us of poor Donald Miller of Ohio. An alcoholic who lost his job and left his wife and town back in 1986, he was declared dead back in 1994, 8 years later. His "widow" has been receiving Social Security death benefits for her...
Billionaire, "Shark Tank" star and pro basketball impresario Mark Cuban is bringing a little Hollywood celebrity to the drab world of insider trading. The SEC believes he illegally traded stock in Momma.com back in 2004 based on nonpublic information. The case was thrown out in...