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The 'f' word-fiduciary-is unwanted on Wall Street
IMAGINE A CONVERSATION that goes something like this: Stockbroker: Mr. Client, I am not just your broker. I also am your Certified Financial Planner, a distinguished designation that carries with it the obligation to be your fiduciary. I don't want to use fancy words with you, so let me tell you what a fiduciary does. A fiduciary puts his clients' interests ahead of his own.
GC Susan Lees Supervises 1,200 At Allstate
Allstate Corp. is the nation's largest publicly held personal insurance company. It was founded in 1931 as a division of Sears, Roebuck and Co. and in 1993 was spun off from the retailer.
Job Bias Case Tests Religious Privacy Rights
A case percolating in a federal court in Washington, D.C., poses an unusual question: Can a worker's claim of job discrimination trump the First Amendment's guarantee of religious freedom? The issue arises in a case against The Washington Times, which is owned by the Unification Church. Pamela Johnson claims she received a lower raise than a co-worker who was a church member -- and then was fired when she complained to the EEOC.Bring back meaningful dividends
After saying what I'm going to say, I may not provide legal services to another public company again. But the odds of that happening anyway are remote. So I'll say it: Investing in publicly traded stocks is unsuitable for all but those investors who can actually induce management to distribute the company's cash to shareholders.
The American Lawyer's Litigation Department of the Year
Publication Date: 2010-01-04 Practice Area: Industry: Court: Judge: Case number:
After studying dozens of entries, the magazine selects the fifth firm to receive this honor for its litigation achievements. Five other firms were named as finalists.
GOP's Swindle or Leary Likely to Lead FTC
One is a consummate antitrust lawyer, with 40 years of law practice experience. The other is a former fighter pilot and POW who went on to direct financial assistance programs during the Reagan administration. Thomas Leary and Orson Swindle are very different men. But the two share something big -- both are Republicans on the FTC, and in all likelihood, one will emerge as the next chairman of the agency.
South Florida firms receive record payday in overdraft case
Law firms Podhurst Orseck, The Alters Law Firm and Grossman Roth have already deposited their part of $123 million in attorney fees from a $410 million class action settlement against Bank of America.
Guilty verdict survives jurors' home study of indictment
A man sentenced to a year in prison for his role in a mortgage fraud was not deprived of a fair jury trial because the jurors were allowed to take copies of the indictment home during deliberations.Business to keep justices busy
THE NATION'S BUSINESS community experienced a banner year in the Roberts Court last term. Was it a one-term stand or the start of a long-term relationship The U.S. Supreme Court's October 2006 term was notable not only for business-related victories but for the sheer number and variety of business-related cases decided.
Premerger notification requirements complicate bankruptcy sales
Sales of distressed assets or equity interests must still comply with Hart-Scott-Rodino's requirements regarding anti-competitive transactions.Trending Stories
- 1Uber Files RICO Suit Against Plaintiff-Side Firms Alleging Fraudulent Injury Claims
- 2The Law Firm Disrupted: Scrutinizing the Elephant More Than the Mouse
- 3Inherent Diminished Value Damages Unavailable to 3rd-Party Claimants, Court Says
- 4Pa. Defense Firm Sued by Client Over Ex-Eagles Player's $43.5M Med Mal Win
- 5Losses Mount at Morris Manning, but Departing Ex-Chair Stays Bullish About His Old Firm's Future
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Law Offices of Gary Martin Hays & Associates, P.C.
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Smith & Hassler
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