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Morgan Stanley Files $1 Billion Lawsuit Against Three “Break-Away” Advisors Who Started their Own Firm

By Michael Pike and Daniel Lustig |

According to reporting from City Wire, Morgan Stanley has filed a $1 billion lawsuit against three “break-away” financial advisors who purportedly left the broker-dealer to start their own firm. In this article, our Miami commercial litigation lawyer provides an overview of the case and highlights key things to know about the standard of liability… Read More »

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Can I Sue for a Business Partner for Failing to Devote Sufficient Time to the Business?

By Michael Pike and Daniel Lustig |

Business partners are teammates. For a business partnership to meet its full potential, all parties need to carry their weight. Typically, this means investing adequate resources into the business. You may be wondering: Do I have a claim against my business partner if they are not paying enough attention to the business? In Florida,… Read More »

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The Importance of Timely Documenting Injuries in a Slip/Trip and Fall

By Jesse Fulton |

By: Jesse Fulton This Thanksgiving, as we gather with loved ones, let’s also take a moment to consider safety. Slip and fall accidents can happen anywhere, even during the Black Friday rush. Whether it’s a public place, a sporting event, a workplace, or someone’s property, remember to report and document any incidents promptly. Protecting… Read More »

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What People Get Wrong About Shareholder Derivative Lawsuits

By Michael Pike and Daniel Lustig |

There are two different types of shareholder lawsuits: 1) Direct actions and 2) Derivative actions. A derivative action is a type of legal claim through which a shareholder (or group of shareholders) seeks to take legal action on behalf of the corporation itself. Shareholder derivative actions are notoriously complex. Below, our West Palm Beach… Read More »

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Handling Debts and Liabilities When You Purchase a Business

By Michael Pike and Daniel Lustig |

Let’s say that you want to purchase a business. It looks like a great business, and it does well, and has a good reputation. You really want to purchase this business. But there’s one thing about the business that you are concerned about buying: the liabilities. Different Kinds of Debts and Liabilities Liability can… Read More »

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Religious Accommodations: What Do You Have to Do?

By Michael Pike and Daniel Lustig |

If you have employees, it is bound to happen: an employee will, at some point, ask you to make a religious accommodation for an employee at work. But do you have to do that? And how far do you have to go, in making such an accommodation? More Accommodation, Not Less The law is… Read More »

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West Palm Beach Business Litigation Attorney 2023-01-26 16-49-13

You’re Not in a Lawsuit: So Why Are You Being Asked for a Deposition?

By Michael Pike and Daniel Lustig |

If you are involved in a lawsuit as a party, you probably expect that you likely will be called to give testimony in a deposition. But what you don’t expect is the day that a process server shows up to your business with a subpoena for deposition, in a case that you seemingly have… Read More »

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What is Florida’s Materiality Requirement for Breach of Contract Claims?

By Michael Pike and Daniel Lustig |

A breach of contract occurs when one party fails to fulfill their obligations as outlined in a legally enforced contractual agreement. The non-breaching party has the right to pursue remedies following a breach. However, there are certain criteria that must be met to prove liability in a breach of contract claim—and in Florida, that… Read More »

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Four Reasons Why it is Risky to Operate a Partnership Without a Formal Written Agreement

By Michael Pike and Daniel Lustig |

A successful partnership should be built on a strong foundation. This is true for both personal and professional partnership. In Florida, a business partnership—whether a general partnership, limited partnership, or limited liability partnership—should be structured around a formal written agreement. It is risky to operate a business partnership without a partnership agreement. Here, our… Read More »

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Walgreens Will Pay Nearly $200 Million to Settle Rite-Aid Shareholder Litigation

By Michael Pike and Daniel Lustig |

According to a report from Business Insurance, Walgreens has agreed to settle a shareholder lawsuit for nearly $200 million. The class action shareholder lawsuit was initially filed against the company back in 2017 by a group of Rite Aid Corp shareholders who accused top corporate executives at Walgreens of making material misrepresentations about the… Read More »

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You Received an OSHA Complaint: Now What Do You Do?

By Michael Pike and Daniel Lustig |

You run a safe operation. You value the safety of your company, your property, and your workers. And then one day it happens: There is an accident at work, and the government, through the Occupational Safety Hazard Administration (OSHA) comes knocking at your door. You have an OSHA complaint. What do you do? The… Read More »

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Can You Prevent Someone From Declaring for Bankruptcy?

By Michael Pike and Daniel Lustig |

If you enter into a business contract, you may have some concern about how to ensure that the other side complies with its end of the bargain. And while your contract can contain stiff financial penalties, you know that companies can and do, go out of business. You’re concerned, so you include a provision… Read More »

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What is a Material Breach of a Contract?

By Michael Pike and Daniel Lustig |

You have a business contract, and that contract has terms and conditions. And if someone breaches any of those conditions, it is a breach of contract, and you can not only sue, but you may also be excused from performing under your end of the contract. Except not so fast. Not every breach of… Read More »

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Federal Judge Declines to Dismiss Shareholder Lawsuit Against General Electric (GE)

By Michael Pike and Daniel Lustig |

According to a report from Reuters, a federal judge in New York State will allow a shareholder lawsuit against General Electric (GE) to proceed. The multinational conglomerate is facing a lawsuit from shareholders that allege that the company’s leadership knowingly and improperly concealed certain financial risks from investors. Here, our Miami shareholder litigation attorney… Read More »

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Breach of Contract Claims in Florida: What are Incidental Damages?

By Michael Pike and Daniel Lustig |

Through a breach of contract claim, the non-breaching party has the right to seek financial compensation for their damages. In Florida, a number of different types of damages may potentially be recoverable through a breach of contract claim. Incidental damages are one remedy in a contract dispute. Here, our Miami business litigation attorneys explain… Read More »

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West Palm Beach Business Litigation Attorney 2023-01-26 16-49-13

Five Tips for Resolving a Partnership Dispute Through a Buyout

By Michael Pike and Daniel Lustig |

Are you involved in a difficult dispute with a business partner? There may be no reasonable path forward for both you and your partner to remain in the business. However, that does not mean that you need to resolve your issue through litigation. In some cases, negotiating a buyout can be a cost effective… Read More »

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Five Affirmative Defenses to a Breach of Contract Claim in Florida

By Michael Pike and Daniel Lustig |

Is your company facing a lawsuit for a breach of contract in Florida? You have the right to raise a defense. Of course, one of the most straightforward defenses is that no breach ever occurred. There are other defenses that can be raised as well—including affirmative defenses that acknowledge that the contract was not… Read More »

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Zillow Prevails in an Unfair Business Practices Lawsuit in Federal Court

By Michael Pike and Daniel Lustig |

According to a report from Housing Wire, Zillow—the Seattle-based tech real-estate marketplace company—has prevailed in an unfair business practices lawsuit. A federal court determined that Zillow did not make materially deceptive changes to its “only agent” listings. Here, our Miami FDUTPA attorney provides a more comprehensive overview of the key issues in this unfair… Read More »

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Federal Court: Tesla Owners Require to Arbitrate Autopilot Case

By Michael Pike and Daniel Lustig |

According to a report from Reuters, a federal court in California has ruled that Tesla owners will be required to arbitrate their “autopilot” claims against the company. The court determined that a pre-dispute arbitration provision in the purchase contract is enforceable. Here, our West Palm Beach business arbitration lawyer provides an overview of the… Read More »

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Federal Appellate Court Revives Privacy-Based Shareholder Lawsuit Against Meta

By Michael Pike and Daniel Lustig |

According to a report from Reuters, the Ninth Circuit Court of Appeals has revived a shareholder lawsuit filed against Meta. The tech giant that owns Facebook and Instagram is facing a complaint from shareholders for harm related to alleged data privacy violations. In this article, our Miami shareholder litigation attorney discusses the dispute in… Read More »

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