Posts tagged Business Litigation

• Top Ohio Bureau of Workers' Compensation Official Sentenced for Racketeering

  Jack Landskroner | May 10, 2007 11:19 AM | 0 CommentsCleveland, OH Category: Miscellaneous
  

  On Wednesday Tom Gasper, the former top financial officer at the Ohio Bureau of Workers' Compensation was sentenced to more than five years in prison for Racketeering. Gasper accepted bribes, including cash and the use of a Florida condominium, in return for steering BWC investments to friends. Gasper served as chief financial officer between 1995 and 2004, managing a $19 billion portfolio. He...

• Insider Trading Case Moves Forward Against CEO

  Jack Landskroner | March 17, 2007 5:04 PM | 0 CommentsCleveland, OH Category: Miscellaneous
  

  The Insider trading trial against Quest's Communication's CEO is moving forward. The CEO of a corporation is privy to information that the general investing public and even investment brokers are not provided. For any insider, including the CEO, CFO or other officer or director, it is considered a criminal act to take advantage of non public information. To allow such conduct would permit...

• Ohio Pension Funds Settle $175 Million Securities Fraud Case with AOL / Time Warner

  Jack Landskroner | March 08, 2007 8:24 AM | 0 CommentsCleveland, OH Category: Miscellaneous
  

  The Ohio Attorney General Marc Dann announced a settlement reached between Time Warner and a number of Ohio pension funds in the amount of $175 Million for claims arising from the losses suffered by these Ohio funds after the AOL Time Warner merger in 2001. The lawsuit alleged securities fraud and claimed that AOL inflated its stock price before the deal by misrepresenting sales, revenue and...

• Office Parties and Sexual Harrassment

  Justin Madden | November 27, 2006 12:10 PM | 0 CommentsCleveland, OH Category: Miscellaneous
  

  With the holiday season, many employers will host an office party and, according to national surveys, alcohol is more likely to be provided than before. However, alcohol-fueled office parties sometimes result in incidents of sexual harrassment.No employer will tolerate sexual harrassment, whether an inappropriate comment, or inappropriate physical contact, to any employee. This will be clearly...

• Trial Lawyers Survive Elections as Consumers and Small Business Wake Up and Smell the Coffee

  Jack Landskroner | November 25, 2006 8:16 AM | 0 CommentsCleveland, OH Category: Miscellaneous
  

  In the last two election cycles the Right has targeted Trial Lawyers as the poster-child for the Democratic party. Campaigns suggested that attorneys should be hated and used rhetoric including slogans like "don't feed the Trial Lawyers." The push behind the campaign appeared to be two-fold; first, to undercut a group that on the whole historically has funded and supported the Democratic party...

• US Supreme Court To Hear Arguments on Punitive Damages

  Jack Landskroner | October 30, 2006 5:46 AM | 0 CommentsCleveland, OH Category: Defective & Dangerous Products
  

  On Tuesday, 10/31 the US Supreme Court will hear argument on the state of use and effect of punitive damages in our court system. Over the past 6 years or so, the court has steadily eroded the effectiveness of such damages, created to deter reckless and indifferent conduct, by limiting the recovery available when big business has manipulated or knowingly harmed 3rd parties. Court watchers...

• Avoid Foreclosure Assistance Scams - And Sue!

  Justin Madden | September 07, 2006 8:01 AM | 0 CommentsCleveland, OH Category: Miscellaneous
  

  In a tough economic time, where the real estate market across America is soft, rip-off artists are preying upon homeowners, peddling foreclosure prevention services that involve hefty fees and little if any results.Homeowners who fall behind on their mortgage payments can find themselves fending off threats of foreclosure by the lender. Sadly, some desperate homeowners turn to companies claiming...

• Business Corruption Warrants Consumer Scrutiny

  Justin Madden | August 31, 2006 9:14 AM | 0 CommentsCleveland, OH Category: Miscellaneous
  

  American consumers have witnessed an well-publicized increase in the number business corruption scandals that have played out over the last ten years. Just mention "Enron", or "Martha Stewart" and the first thought coming to mind is business corruption. While many of these scandals have involved gluttonous executives and their cravings for absurd levels of luxury, the American consumer now...

• Detecting Stockbroker Malpractice

  Justin Madden | August 29, 2006 8:51 AM | 0 CommentsCleveland, OH Category: Miscellaneous
  

  Detecting Stockbroker malpractice begins with the investor. The investor must diligently monitor all trades, fees, commissions and losses, and know whether the stockbroker is complying with the investor's wishes and agreement. It is especially important for the investor to monitor whether the trades that the stockbroker makes are consistent with the investor's risk tolerance.We commend Attorney...

• Investment Advisor's Errors Can Be Compensated

  Justin Madden | August 04, 2006 11:00 AM | 0 CommentsCleveland, OH Category: Miscellaneous
  

  Investors are no longer willing to bear the brunt of mismanagement of investment portfolios, or trusts. In addition, investors are more savvy when it comes to questioning hidden fees or improperly calculated fees which negate or reduce the gains on their investments. Prudent investors are consulting with lawyers in reviewing charges, fees, or circumstances surrounding significant investment...