Dallas Commercial Litigation Lawyer Blog

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Latest from Dallas Commercial Litigation Lawyer Blog

Stock Plummets. Who’s to Blame? When a stock price drops almost 75% in 20 months, it’s not shocking to discover a group of investors filed a lawsuit to recover losses. In August 2019 an appeals court issued an opinion in Municipal Employees’ Retirement System of Michigan v. Pier 1 imports, Inc., et al. The complaint: Pier 1 intentionally failed to timely disclose a substantial price markdown risk with rising inventory levels. During a period when…
The short-term, high interest rate loan business has made everyone from loan sharks to registered businesses a great deal of profit. Perhaps that’s the backdrop hatching Gina Champion-Cain’s scheme that separated 50 investors from $300 million. See SEC Press Release, SEC v. Gina Champion-Cain, ANI Development, LLC and American National Investment, Inc. The Start of a Scam–Loans for Liquor Licenses When a company seeks a liquor license in California, business law dictates the license seeker…
Texas Law Guidelines Prohibit Debt Collector Harassment Like most States, Texas has a law regarding the “do’s and don’ts” for debt collectors. One of the main goals of this law is to avoid consumers from being harassed. Under Texas law debt collectors are forbidden from: Repeatedly or continuously calling debtors or creditors; Using profane or abusive words; Violently threatening creditors; Telling debtors that they will get detained or their house will get repossessed; Misrepresenting the…
If you’re looking to file a legal claim against someone else (or defend yourself against a legal claim) and there’s a possibility that your case could go to trial, a litigation attorney should be your first phone call. But real life isn’t like Law & Order, and finding a good litigation attorney requires a bit of know-how. That’s why we’re here to help. Here’s some important things you need to know before hiring a litigation attorney.…
Have you ever copied contract language from other documents you’ve received when you were in a hurry to get a deal done? Perhaps you were in need of standard legalese for arbitration clauses or indemnity provisions? No harm. No foul. The deal and relationship continued without commercial litigation. Along comes another deal. Copy. Paste. Sign. Go. The relationship is humming. Was that a burp or a hiccup? Gasp. Is it a getting harder to breathe…
Are you looking to hire a commercial litigation attorney? How do you choose the best one? Read this guide to find out how to find the best one. With 1.34 million attorneys in the United States, it might seem like an impossible task to find the right attorney for your commercial litigation needs. In order to help you find the right one, we’ve put together this useful guide. You’re one step away. The Needs of…
Long Term Incentive Payment (LTI) David Sellers found himself unemployed when his employer was purchased by another company that immediately started slashing costs. Despite an employment agreement requiring the employer to pay COBRA benefits and $68,000 in outstanding sales commissions, Sellers did not receive payment, and subsequently sued for fraud and breach of fiduciary duty. The COBRA and sales commission matters were resolved. However, Sellers believed he was owed $428,681 as a long-term incentive payment
The silver trade is alive, but 300 investors may not feel so well. The SEC filed charges in November against Gaylen Dean Rust and Rust Rare Coin of Utah. During a 20-month period in 2017 and 2018, Rust secured over $85 million from investors in a silver trading scheme. The details of this Ponzi scheme will give silver tarnish new meaning. The Family Business Rust’s father started a rare coin shop in 1966. Gaylen Rust took…