Latest updates for Breach Of Fiduciary Duty

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Recent items include:

  • BC lawyer hid insolvency from clients, ordered to pay special costs
  • When Does an LLC Manager Owe Fiduciary Duties to Members?
  • Signs a Co-Owner Is Mismanaging Your Company, and What You Can Do

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wealthprofessional.ca /1 month ago

BC lawyer hid insolvency from clients, ordered to pay special costs

Fabricated escrow story didn't help this fiduciary duty case at the BC Supreme Court.

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jimersonfirm.com /5 days ago

When Does an LLC Manager Owe Fiduciary Duties to Members?

In a Florida limited liability company, an LLC manager owes fiduciary duties of loyalty and care when the company is manager-managed, and those duties run to both the company and i...

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jimersonfirm.com /1 month ago

Signs a Co-Owner Is Mismanaging Your Company, and What You Can Do

When you suspect a co-owner is mismanaging your company, the question is not whether you are frustrated. It is whether the conduct breaches a duty Florida law will enforce, and whe...

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insurancejournal.com /5 days ago

Former Portfolio Manager Sues Fidelity After Leaving for Michael Dell’s Family Office

A former semiconductor fund manager at Fidelity Investment Management has sued its parent company FMR, claiming it refused to pay him a “multimillion-dollar” compensation package a...

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jimersonfirm.com /2 weeks ago

Partnership Disputes in Florida: Your Options When a Partner Breaks the Deal

Most partnership disputes in Florida start the same way: one partner stops honoring the deal. They skip a capital call, divert a client, or walk away mid-project. Your options come...

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insurancebusinessmag.com /1 month ago

Benefits broker fiduciary risk: why disclaimers may not be enough

Most benefits brokers disclaim fiduciary status but courts may see things differently says Ron Peck, chief legal officer at The Phia Group

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wealthmanagement.com /2 days ago

The Duties Surrounding a Trustee’s Resignation

Where does the “buck” stop?

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wealthprofessional.ca /3 weeks ago

BC lawyer misappropriated elderly client's trust funds, Law Society panel finds

A dementia diagnosis, a power of attorney, and a lawyer who benefited from both.

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valawyersweekly.com /3 weeks ago

When does board oversight become bad faith?

Here’s a question every board member should be losing sleep over: when does a board’s failure to catch corporate misconduct cross the line from bad management into an actual breach...

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wealthmanagement.com /5 days ago

Citizens Sues Ameriprise, Accusing Ex-Advisor of Breaking Employment Contracts

Citizens Securities is seeking a restraining order against Ameriprise and Darrell Smith in federal court in Massachusetts, alleging that Smith solicited former clients shortly afte...

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wealthprofessional.ca /1 month ago

CIRO permanently bans former TD rep over $150k in transfers

Hearing panel orders $350k in fines and disgorgement after a dealing representative admitted misappropriating client money

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natlawreview.com /1 month ago

Corporate Officer Did Not Lose Agent’s Immunity Merely By Acting For Personal Gain

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wealthmanagement.com /1 month ago

J.P. Morgan Files Contempt Motion Against Ex-Advisor for TRO Violation

The firm alleges Christopher Lee violated a court order by soliciting clients after moving to Morgan Stanley, with $375 million in assets transferred post-restraining order.

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businesslawprofessors.com /2 weeks ago

And this is why I always teach agency in my BizOrgs class

In a typical securities class action, plaintiffs name the individual company officers responsible for the alleged fraud, as well as the company itself.  The company’s liability is,...

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wealthprofessional.ca /1 month ago

Court orders security for costs against advisor in law firm suit

Her own sworn evidence became part of the problem.

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jimersonfirm.com /1 month ago

Affinity Fraud and the Limits of “Trust”: Lessons for Florida Businesses from United States v. Heppner

Affinity fraud, an investment fraud scheme that exploits the trust within a shared community, faith, or professional network, remains one of the most persistent and damaging invest...

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wealthprofessional.ca /1 month ago

Court forces disclosure of legal advice in disputed IP transfer case

A good-faith defence just cost this company part of its legal file.

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jimersonfirm.com /3 weeks ago

Why Many Business Tort Lawsuits Are Strategically Inflated

A business tort complaint that stacks six counts on one deal, demands punitive damages on page one, and names the owners personally can be strategically inflated. The size of the d...

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jimersonfirm.com /1 month ago

Early Defense Strategies for Business Tort Lawsuits

Business tort lawsuits are not oversized contract cases, and defending one as if it were is how a manageable dispute becomes an existential one. Tort counts can open the door to pu...

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valawyersweekly.com /1 week ago

COA reinstates claim against estate trustee

The Court of Appeals of Virginia reversed dismissal of a breach of trustee duty claim, ruling trustee reports failed to meet Va. Code § 64.2-775 requirements. The post COA reinstat...

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insurancebusinessmag.com /1 month ago

Ex-staffer's post-termination login allegedly gave competitor a 33-year client list

A niche insurer's client list allegedly walked out the door five days after a firing

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natlawreview.com /3 days ago

Massachusetts Appeals Court Affirms Chapter 93A Liability for Delayed Disability Insurance Benefits

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law360.com /3 weeks ago

Keesal Young Owes Duty To Safeguard 316K People's Data

A California federal judge has kept negligence and consumer privacy claims intact against law firm Keesal Young & Logan over a 2024 data breach that exposed the personal inform...

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law360.com /4 weeks ago

Tarter Krinsky Faces Suit After Disclosing Data Breach

Tarter Krinsky & Drogin LLP maintained "intentional opacity" about a recently disclosed cybersecurity attack last year that may have compromised protected health information, a...

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Sources covering Breach Of Fiduciary Duty

wealthprofessional.ca

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natlawreview.com

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valawyersweekly.com

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businesslawprofessors.com

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insurancebusinessmag.com

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insurancejournal.com

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