McNees Wallace & Nurick LLC

There is a constant drip of news about data security breaches, identity thefts and cybersecurity, to the point that it can become background noise. That is, until it happens to you, as I recently found out. Several weeks ago, I got a call from the administrator of my 401(k) asking if I had requested another distribution from my account.  Someone posing as me had managed to obtain a significant distribution from my 401(k) plan. They…
Reports of excessive inventory seem to be everywhere.  Sales have slowed, but manufacturer output has not followed suit.  This presents opportunities for dealers to acquire vehicles that are hot sellers, and to gain sales and profits.  It also presents the very real risk of vehicles stacking up not only on manufacturer lots, but also on dealer lots and on dealer floorplans. In this environment, it is an appropriate time to revisit the protections provided by…