Author Archives: Michael Pike and Daniel Lustig
Paramount Settles Shareholder Lawsuit Over Viacom-CBS Merger For $122.5 Million
According to a report from Deadline, Paramount Global—a multinational media conglomerate based in New York City—has reached a $122.5 million settlement in a shareholder lawsuit over the merger between Viacom and CBS. The settlement agreement was officially disclosed in a filing with the Securities and Exchange Commission (SEC). Here, our West Palm Beach shareholder… Read More »
Locked In A Partnership Over Distributions In Florida? Here Is What You Should Know
A partnership is a profit making entity. Internal disputes between business partners can arise for a wide array of different reasons. Though, a significant portion of partnership disputes are over money. It is not uncommon for partners to get locked in a dispute over distributions. Here, our Florida partnership law attorney highlights the key… Read More »
What Do I Need To Do Before Filing A Shareholder Lawsuit?
As a minority shareholder, you must rely on other people to manage and protect your investment. In some cases, majority shareholders and/or corporate officers and directors could damage your financial interests through fraud, gross negligence, or other improper conduct. You may be entitled to relief through a shareholder lawsuit. Shareholder litigation is complex. It… Read More »
Business Partnership Breaking Up? How To Proactively Protect Your Rights
Breaking up with a partner is a difficult thing to do—and a business partner is no exception. If it is time for you and your business partner to go your separate ways, it is absolutely essential that you take proactive measures to protect your legal rights and financial interests. Here, our Palm Beach County… Read More »
FTC Report: Consumer Fraud Losses Rising Nationwide
Consumer fraud has long been a major problem in the United States. Alarming, there are major warning signs that consumer fraud is getting worse. On February 23rd, 2023, the Federal Trade Commission (FTC) released new, comprehensive data showing that U.S. consumers lost a confirmed $8.8 billion to scams in 2022—a 30 percent increase over… Read More »
When Should I Join A Class Action Lawsuit?
You may have heard of class action lawsuits before, and maybe you’ve even been invited to be part of one. But how do you know if you should join? Here’s what to consider before joining a class action lawsuit. What is a Class Action Lawsuit? First, let’s establish what a class action lawsuit is…. Read More »
Fox News Settlement With Dominion Gives Shareholder Lawyers Tangible Evidence
Just before they were set to begin trial, in a stunning turn of events, lawyers at Fox News decided to settle the $1.6 billion lawsuit filed by voting machine company Dominion, reaching a settlement of $787.5 million. While this amount is less than half of what Dominion was seeking in damages, it is still… Read More »
Defibrillators Can Be Life Saving Devices – And Often Are Legally Required
A lawsuit has been filed because a teenage girl went into cardiac arrest on an airplane, and died. You may wonder what about that would cause the airline to be liable. The answer is the defibrillator that was on board, but which was also not charged, and thus, inoperable. What are Defibrillators? Defibrillators are… Read More »
The Weekend Effect Can Be Deadly In Hospitals
Contrary to the way it sounds, the weekend effect is not some consequence of a weekend of drinking or partying, or simply a hangover at the reality of the workweek starting. It actually is a phrase related to medical malpractice, and the level and standard of care that many people get—or don’t get—when they… Read More »
What Is The Last Clear Chance Doctrine?
Imagine for a moment that you are a pedestrian, crossing the street. You are legally crossing at a crosswalk, and you have the signal to cross. You look to your right, and you see that a car is coming, at what seems to be a high rate of speed. As it approaches the intersection,… Read More »
Don’t Forget How Dangerous Steps And Stairs Can Be
When it comes to healthy things that we can do in our daily lives, taking the stairs is one of those things. Although a good form of exercise, stairs are also overlooked when it comes to safety; many businesses don’t give thought to the maintenance of stairwells, or the many building codes and requirements… Read More »
What Is A Products Liability Case?
Despite efforts by the government to regulate safety and pass laws and rules and regulations to make the products we use safer, the efforts don’t always work—on many occasions, products that we use can and do cause us injury. When they do, a victim has a right to file a lawsuit for what is… Read More »
What Is Arbitration?
The term ‘arbitration’ is one you may have heard before, but also one of which you may not be entirely familiar. Essentially, when two commercial parties have a dispute, there are often two ways to formally settle: arbitration or litigation. Arbitration is an out-of-court settlement that tends to be resolved more quickly, be less… Read More »
Should You Replace A Car Seat After An Accident?
Car seats save young children’s lives, aside from being legally required. And while many people have started to become more educated on how to use and how to install car seats, one question doesn’t get as much attention: what do you do with a car seat after an accident? Replacing the Car Seat If… Read More »
What Is The RICO Act?
The Racketeer Influenced and Corrupt Organizations Act (RICO) of 1970 is a federal law passed specifically to fight organized crime. The law strengthened legal tools in evidence gathering by establishing new penal prohibitions and providing enhanced sanctions and new remedies for dealing with the unlawful activities of those engaged in organized crime. Common racketeering… Read More »
Business Equity – Best Practices How To Create A Fair And Transparent Equity Structure
Business equity refers to the value of the ownership interest or stake that the owners (or shareholders) have in a company. It represents the residual claim on assets and earnings of a business after all the debts and liabilities have been paid off. In other words, equity is what remains of the company’s assets… Read More »
What Is A Non-Compete Agreement And Should You Sign One?
You may have heard of a non-compete agreement before – it is a legal contract in which an employee agrees not to work for a competitor of their current employer for a certain period of time after leaving their job. This agreement is designed to prevent the employee from using the knowledge, skills, and… Read More »
Class Action Lawsuits: To Join Or Not To Join?
It may have happened to you before – you receive a curious piece of mail you weren’t expecting. Upon review, you see that it is an invitation to join a class action lawsuit. You read the details and realize you may actually be eligible to join. But should you? Before you join a class… Read More »
Why A Buy-Out Can Be An Effective Way To Resolve A Partnership Dispute
Business partnership disputes are hard. They can take a tremendous emotional and financial toll. A proactive approach is key in these cases. You do not want to end up in a drawn-out dispute that causes avoidable damage to the underlying business. A buy-out is one potential tool to resolve a partnership dispute. Here, our… Read More »
FDUTPA Violation: Florida Attorney General Takes Action Against Hot Tub Sellers That Deceived Consumers With False Promises
Recently, the Office of Attorney General Ashley Moody announced that enforcement action was being taken against two Florida hot tub and spa companies—Affordable Spa Covers and Coverlex—for deceptive and unfair business practices. The companies stand accused of knowingly and intentionally accepting payments for products that they could not deliver on time, or, in some… Read More »