College coached indictment

Posted on Sep 29, 2017 in Business Litigation

The U.S. Attorney for the Southern District of New York recently announced that 10 men with ties to college basketball — including four prominent assistant coaches at Power Five schools, and a high-level executive at Adidas — have been indicted in a major scandal involving fraud, bribery, money laundering and corruption. The filings, which are […]

Thoughts on Trump’s NFL comments

Posted on Sep 24, 2017 in Business Litigation

There is a common theme with the President’s statements and/or tweets — open mouth, insert foot. He did it again when two of the largest sports leagues in the country, the NBA and the NFL, jumped all over his comments. This talk discusses what he said about the NFL. When speaking in Alabama, he jumped […]

Rebel Wilson wins defamation lawsuit

Posted on Sep 14, 2017 in Business Litigation

An Australian Court was correct to slam Bauer Media, publisher of Woman’s Day magazine, in awarding Rebel Wilson $3.6 million for the publisher’s article that called Ms. Wilson a “serial liar” who “fabricated almost every aspect of her life,” including her name, age and childhood, so she could make it in Hollywood. It is a […]

WFAN host Craig Carton faces criminal charges

Posted on Sep 11, 2017 in Business Litigation

Serious criminal fraud charges have been asserted against popular Craig Carton, the benched WFAN host. That is, the federal government has indicted Carton, the New York-based sports radio personality, claiming that beginning in or around the middle of 2016, at about the time he accrued millions of dollars’ worth of gambling-related debts to casinos and […]

Reading The FINRA Enforcement Tea Leaves

Posted on Mar 6, 2014 in Business Litigation
Reading The FINRA Enforcement Tea Leaves

For several years the FINRA enforcement arm grew bigger and bigger.  Its staff increased.  The number of actions increased.  The number of fines increased.  The number of bars and suspensions increased.  And the number of litigations/arbitrations was on the rise. Last year, however, appears to have finally fared better for the brokers.  Here are the […]