The financial industry is always evolving, and the rules that govern brokerage firms and investment strategies often change in an attempt to keep up. These rules can help to better ensure everyone works in a way that benefits investors while staying within the...
Commercial Litigation
How will new SEC leadership impact enforcement efforts?
The United States Securities and Exchange Commission (SEC) recently welcomed a new leader. The agency’s new enforcement director, former New Jersey Attorney General Gurbir Grewal, has taken on this role shortly after his predecessor, Alex Oh, resigned. Ms. Oh left the...
FINRA dispute? What you need to know about arbitration.
Facing an allegation of misconduct from the Financial Industry Regulatory Authority (FINRA) is a serious matter. The allegation may trigger an investigation, which could lead to formal disciplinary action. This could ultimately result in a settlement or litigation....
The battle against financial exploitation of senior citizens
Of all the demographics most victimized by financial abuse, the senior population seems to be the easiest of targets for scammers. These “predators” know their “prey” quite well, using that insight to effectively steal significant amounts of money. In response to this...
The complexity of securities litigation
Securities litigation is often the result of particular and potentially illegal circumstances where investors lose money in their investments. While risks of significant gains and losses are always a possibility, legal action becomes important when alleged wrongful...
Online scams show no signs of slowing
Online scams take various forms. While many potential victims chalk up the promises of vast wealth as bogus, others fall victim and end up losing significant amounts of money. In 2020 alone, US citizens reported nearly 800,000 online scams that resulted in financial...
Unfair trade practices come in many forms
The latest sale at a popular store may be offering deep discounts. An item endorsed by a beloved celebrity has caught the attention of a consumer. When those realities are actually illusions created by business owners, they may be in violation of regulations governing...
Can directors get indemnification for shareholder suits against them?
There are many reasons why shareholders might want to file a lawsuit against one or more of the directors of their company. If you are a director, the shareholders might have named you in a suit in order to challenge a decision you made on behalf of the company. You...
What should businesses know about unfair competition?
Competition can drive your business to cater to a niche audience or to offer innovative products, whether you operate in a particularly competitive market or act as an innovator in an up-and-coming field. However, if your competitors engage in deceptive, fraudulent or...
ZDM’s Greg Holder Testifies Before the Florida Senate
Retired Florida Circuit Judge Greg Holder of Zinober, Diana & Monteverde, P.A. was invited by Senator Jeff Brandes to Tallahassee Monday, February 1, 2021, to present testimony to the Senate Judiciary Committee concerning the abusive P&C litigation practices...