Yearly Archives: 2020
Whistleblower Paid $50M
A former trader at Bank of New York Mellon Corp.-who alerted authorities to the bank’s pattern of overcharging big clients on currency trades-was awarded a $50 million whistleblower payment. The award, the largest of its type made by the Securities and Exchange Commission, comes more than a decade after the trader, Grant Wilson, began… Read More »
Brain Injury Awareness: How Survivors Can Help Advocate
Every 9 seconds, someone in the United States sustains a brain injury. More than 3.5 million children and adults sustain an acquired brain injury each year. One of every 60 people in the U.S. lives with a traumatic brain injury-related disability. Clearly, the stats show a large population is dealing with brain injuries. So,… Read More »
What’s Wrong with a Little Discrimination?
New callers to my law firm are often concerned that they have been “discriminated” against. But the word “discrimination” has itself become pregnant with meaning, and is often thought to automatically yield to the result that it is illegal. This may sound like heresy, but discrimination, in fact, is usually perfectly legal. What do… Read More »
Don’t Accidentally Contract for a Lamb!
I frequently talk with people who offer up a kind of an apology when they tell me that “I didn’t have a contract though”. In fact, we form contracts all day long, although we don’t think of them that way. We tend to think of contracts as only written agreements with signatures and formal… Read More »
FMCSA to Delay Trucking Rule Updating Entry-Level Driver Training Requirements by as Much as Two Years
Until recently, the compliance date for the upcoming “Minimum Training Requirements for Entry-level Commercial Motor Vehicle Operators” was set for Feb. 7, 2020. The Entry-Level Driver Training (ELDT) rule will establish updated minimum training requirements for individuals obtaining or upgrade commercial driver’s licenses (CDLs) and for anyone trying to obtain hazardous materials, passenger or… Read More »
High Fee Annuities Sold to Teachers on Recommendation of Unions
As reported by the Wall Street Journal on December 18, 2019, public school teachers in Florida were placed in annuities by its financial advisers which charged more than double the average fees. Although the unions recommended the annuities, these financial instruments were sold on the idea that everyone, including the unions, would make money…. Read More »