In a concerted effort to tackle the rampant issue of unwanted and illegal phone calls and text messages, the Federal Communications Commission (FCC) and the Federal Trade Commission (FTC) are joining forces in a cooperative endeavor boldy named “Operation Stop Scam Calls”. This report from JD Supra details the multi-jurisdictional approach the two commissions plan…
In early June, the Public Company Accounting Oversight Board (PCAOB), known as “the Board,” proposed comprehensive amendments that could potentially result in a substantial shift in auditor responsibilities. The proposed changes concern how auditors take into account noncompliance with laws and regulations. According to a summary from JD Supra, these modifications could represent a pivotal…
The recent judgement by the District Court for the Central District of California has the finance industry on high alert. The court’s decision highlights the potential legal risks for payment processors and ancillary service providers who engage with potential bad actors in the financial industry. In a recent judgment, the District Court entered a ruling…
The recent actions taken by Arkansas Attorney General Tim Griffin and the Federal Trade Commission (FTC) serve as a stark reminder that pyramid schemes remain a live issue for law enforcement bodies, despite their relative age as fraudulent schemes. As stated in a recent report, the parties have reached a settlement with BINT Operations LLC…
The legal landscape for business owners in Pennsylvania has seen a change as of recently with Mortimer V. McCool, altering the potential exposure for sister companies when piercing-the-corporate-veil claims are made. This case aids in shedding light on the essential question that concerns many clients: Can they be held personally liable for a company in…
In a recent indictment charging former President Donald Trump with conspiracy and obstruction, there are five unnamed attorney co-conspirators who have been listed. Either they are already cooperating with the government or they will face indictment, as per predictions made by former prosecutors to Law360. The stance of these prosecutors revolves around their belief that…
Former US President Donald Trump has pleaded not guilty to four criminal charges connected with alleged interference in the 2020 presidential election. On Thursday, he appeared with his private counsel before Federal Magistrate Judge Moxila Upadhyaya in a federal courthouse in Washington D.C. to declare his plea. The charges against the former president were unveiled…
The United States Ninth Circuit Court of Appeals has revived a lawsuit under the False Claims Act (FCA), that accuses Valeant Pharmaceuticals of fraudulently acquiring a patent to prolong the monopoly over its drug Apriso. The suit had initially been dismissed because of the rule known as the ‘public disclosure bar’ – a federal rule…
Due to his influential tenure as President of the United States, legal professionals worldwide have developed a keen interest in understanding former President Donald Trump’s various legal troubles still being adjudicated. This discussion focuses on the critical points of the three prominent cases currently open against him, which carry a mindboggling maximum statutory penalty totalling…
In a recent turn of events, a well-known attorney from Washington, D.C. has received a six-month suspension as a result of misleading behaviour and document falsification. These fraudulent actions were aimed at reducing a client’s tax liability during a convoluted real estate deal focused on a local establishment. The involved attorney deliberately misled disciplinary investigators…
Yesterday, former President Donald Trump entered a plea of ‘not guilty’ in response to the charges of conspiracy and obstruction related to alleged plans to overturn the 2020 presidential election outcome. These charges stem from accusations that imply Trump sought to disseminate fraudulent claims about the election’s integrity and attempted to pressure various state and…
The two lawsuits against former U.S. President Donald Trump by E. Jean Carroll, each featuring different interpretations, continue to unfold. Trump’s legal team, locked in conflict with Carroll’s counsel, view the precedential value of the $5 million jury verdict in Carroll’s first defamation case, ahead of the looming second lawsuit scheduled for January. The conviction…
Beginning July 13, 2023, the Centers for Medicare & Medicaid Services (“CMS”) will start a period of enhanced oversight for new hospices in four states, namely Arizona, California, Nevada, and Texas. This move comes in the light of multiple reports over the last year highlighting hospice fraud, waste, and abuse, issues CMS aims to tackle…
On July 25, 2023, Sens. Chuck Grassley (R-IA), Dick Durbin (D-IL), John Kennedy (R-LA), and Roger Wicker (R-MS) introduced the False Claims Amendments Act of 2023. This development was reported by the reputable law firm, Arnall Golden Gregory LLP. The proposed amendment to the False Claims Act does not eliminate the requirement that the alleged…
Corporate law saw an intriguing case arise recently when the U.S. District Court for D.C. refused to dismiss a lawsuit implicating an alleged “pump and dump scheme”. This case brought a fresh perspective as it involved contemporary elements like tweets and emojis, effectively casting a new light on the application of Sections 13(d) and 14(d)…
In the realm of real estate law, numerous legal professionals and industry insiders adhere to the understanding that for a contract for the purchase and sale of property to be deemed valid, it must contain a few essential elements. These usually include the identity of the parties involved, a description of the property in question,…
Leading figures in Michigan politics, Daire Rendon, a former Republican State Representative, and Matthew DePerno, an ex-Trump-backed attorney general candidate, have been charged following alleged efforts to tampering with the state’s voting machines. The charges come in the wake of the 2020 US Presidential Election and were delivered in Oakland County’s Sixth Circuit Court. The…