This is a good question, and somewhat difficult to give you a solid answer. Here is why. A Company is required to file a Form 8-K when a "material event" takes place. It is management's call as to what they consider material. This is also based on the size the Company. For a small company,...Read more »
You are correct. If some one wants to give you stock, you are under no obligation to accept it. The same is true for an inheritance. You may not want to accept a property, if it includes a huge mortgage or a number of tax liens.
There must be more to this story than your comment above....Read more »
one of the friends gets in between to avoid a fight, the security pulls out a gun and goes it goes off, the man has very minor injuries on his skin due to the gun, does he have a case to sue the restaurant/security guard security agency? The incident on the police report shows states battery... Read more »
You can certainly file a lawsuit based on the facts provided, but the viability of prevailing and recovering on the lawsuit are dependent on specific facts that are not provided here, such as the nature of you getting dragged out and if you were resisting with the individual.
Yes, it is certainly possible you have a viable cause of action against your broker, but the chances of obtaining a judgment and recovering on that judgment is dependent on very specific facts that are not provided here, such as details of any contracts you have signed with the broker, and the...Read more »
A securities fraud class action is a lawsuit filed by one or more investors who bought or sold a company’s securities within a specific period of time (known as a “class period”) and suffered economic injury as a result of violations of the securities laws. In cases involving misleading...Read more »
What you describe is also known as over-concentration. Over-concentration violates the suitability rules that financial professionals are required to follow. Over-concentration is one of the riskiest, and most speculative, investment strategies because the portfolio is not diversified and subject...Read more »
The answer to your question depends on the specific details of the contract and/or arrangement you have with your broker. I would recommend organizing all information relevant to this situation, including the contract you have with your broker, and consult with an attorney individually. A...Read more »
It depends on the nature of your agreement with the broker. I would recommend organizing the agreement (assuming there is one), and consulting with an attorney individually. An attorney will be able to review the specifics of the situation, and advise you as to your options moving forward.
Not sure why this posted in injury law. Talk to a criminal defense lawyer.
Please Take Notice: I am not your lawyer unless we enter into an engagement agreement in writing. This is general information that is given for legal education only. It is not legal advice, and it may not work for...Read more »
Generally, shareholders are not liable for the tortious acts of the corporation. Officers and directors who may be found to be intimately involved in the tortious act or neglect that led to the injury, may be found personally liable for their acts or omissions.
We bought a variable annuity product from a sales firm based on the guaranteed (minimum) 6% annual growth rate, which is documented in the brochure of the issuer and further rephrased in three e-mails from the sales firm after we discovered their misconducts, i.e., misstatements and omissions and... Read more »
The product you purchased is likely a "security," which means that the state's securities laws as well as the Securities Act of 1933, the Exchange Act, and potentially other federal laws, apply and regulate the sale and offer of the product you purchased. In other words, material...Read more »
Assuming that the request to dismiss was made by way of a motion to dismiss, the answer is no. Federal law, and even Utah law for instance, allows a party to move to dismiss a lawsuit. If the judge denies the party's motion to dismiss, however, it doesn't necessarily mean that the case will make...Read more »
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