The Securities and Exchange Commission today charged Global Business Development and Consulting Corp. (Global) and its owner, Anthony J. Mastroianni, Jr., in connection with a $1.2 million fraudulent promissory note scheme targeting older Americans.…Read the Full Press ReleaseHave
Corporate & Commercial
Diagnostic Testing Company Hit with COVID-19-Related Securities Suit
Forced to Settle, But So What?
We have long observed that legal malpractice defendants, who must act according to rules devised by attorneys, and are judged by attorneys, enjoy a greater latitude in professional malpractice litigation than, say, doctors, accountants and other professionals. Though essentially anecdotal,…
Protecting consumers online: FTC and CFPB team up with State AGs

The recent National Association of Attorneys General Presidential Summit marked a clear partnership between state AGs, the Federal Trade Commission (FTC) and the Consumer Financial Protection Bureau (CFPB) to accomplish Iowa AG Tom Miller’s “fight back” presidential initiative: Consumer Protection…
The Seventh Circuit Clarifies the Role Rejection of Settlement Offers Plays in Determining Attorney Fee Awards
The Seventh Circuit recently clarified an important distinction between offers of judgment under Federal Rule of Civil Procedure 68 and non-Rule 68 offers of settlement, and explained the role rejection of such offers plays in reducing statutory attorney fee awards.…
China Implements “Measures for the Security Assessment of Outbound Data Transfers”
Back in 2020 I wrote a series of three blog posts titled “China Cybersecurity: No Place to Hide”. And two years before that, we started writing about China’s Personal Information Security Specification.
On July 7, 2022, the…
The Ongoing Effects of COVID-19 in Landlord-Tenant Law
Francesca Morris
How Auditors Helped Spread Stock-Option Backdating
If You Filed This Notice Of Exemption With The DFPI, You Have Filed It In The Wrong Place
Section 25102.5 of the California Corporations Code exempts from the issuer qualification requirement of the Corporate Securities Law of 1968 a “transaction” that is the sale of: (i) a series of notes secured directly by an interest in the same…