The situation:. My mate was dying and I had three frivolous lawsuits concurrently. A friend, who later became a client offered to pay the legal fees and when I got back on my feet, I could pay him back. Current company says I breached fiduciary responsibility, but the money was not held at... Read more »
I have a social media platform for gamers where users can buy or earn virtual tokens by watching advertisements. They then can purchase services on our platform such as virtual items and or pay other users to play videogames with them. How users can earn their tokens is by playing a videogame where... Read more »
I was using a MacBook that was bought by my boss for me to use for work. I logged onto it with my personal Apple ID account. Well today I found out that they got into my account somehow and read personal messages between me and another coworker. It’s a major invasion of privacy and I’m really... Read more »
Would it be considered a security if I sell 500 pieces of physical art and pay royalties to the owners of the art for any t-shirt, posters, etc sales from our online store related to the art piece? Even if the physical art ownership changes hands to a new owner, who would then receive the royalty... Read more »
I am a first-year university student seeking legal help for a matter with my Italian landlord. H has scammed me out of one thousand USD, lost my luggage, and caused me emotional distress to me since I left Italy on December 17th, 2022. I have more information and details of our interactions,
It could depend on what your capacity is, as an officer, fiduciary, etc. This is posted under "Uncategorized." It sounds like something that attorneys who practice in Business Law, Securities Law, Business Formation, and confidentiality agreements would have insight into. Some questions...Read more »
I'm an investor with 14 years experience. My friends and family all want my help because I've made excellent returns but it is my understanding that I can't help them, because I'm not a financial advisor, and they could sue me if they lost money (is that even true?). So I want... Read more »
I.e. Could I legally cover the taxes on an employee's vest, to "purchase" the shares that would normally be sold to cover the taxes associated with the vested stock amount? If I formed a private agreement with that employee to earn the return on those shares, minus some percentage,... Read more »
This seems like a strange way to address the issue. Without speaking to your specific situation, a loan, to be repaid [secured or unsecured], would be a way one could cover costs. You need to speak with a local attorney regarding your specific situation. [I litigate cases. Anything posted here must...Read more »
Anyone can allow you to manage their money. There are no requirements for you to do so. Having a business of, or charging for, managing someone else's money can a different story and is more complicated.
I have been a client of Merrill Lynch (ML) for more than 20 years. Not until 3 months ago did any of my advisors at ML ever mention that I should be purchasing US Govt issued iBonds, as part of my portfolio, which in almost every year of my ML relationship have paid a substantially higher return... Read more »
California law finds that stockbrokers and financial advisors are per se fiduciaries to their clients. Thus, the fiduciary has to act in your best interest first. There are a number of other duties that arise when a stockbroker is a fiduciary, such as keeping their clients abreast on changes in...Read more »
I currently have access to a crypto investment fund through an individual who trades to make a group of us money, and I want to open it up to friends and have them go through me in order to invest. I pay $200/mo to have access to the fund, so I would charge them $100/mo and have them go through me.... Read more »
Yes. If you take your friends' money for access to an "investment fund" an "individual" (read: not a broker) runs, you could be violating several securities laws as well as potential "blue sky" State laws....Read more »
I am the Beneficiary for the investments my ex-wife made she passed away in2019 her executive of the will told me that she gave everything to her Granddaughter I asked for the paperwork and he told me that I was trying to dig up dirt on my ex-wife. Can he override the Beneficiary for investments
Your divorce eliminated your name as beneficiary on investments. Investments like a mutual fund or stock are allowed to have a "pay on death" or a "transfer on death" designation. Sometimes the accounts will be in both names, with a "right of survivorship". The goal of...Read more »
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