Recent Blog Posts
What are Blue Sky Laws and How Do They Affect My Florida Securities Offerings?
The term “blue sky laws” are state regulations that were created to help protect investors against possible securities fraud. Any type of securities being sold or offered within a state must register or they have to qualify for an exemption. The laws can differ widely based on what state you are in. Most blue… Read More »
Trade Secret Protection and Litigation in Florida
When a business or person obtains and uses information deemed to be a trade secret, it can result in litigation. Trade secrets are typically defined as any information that includes a pattern, formula, method, process, device, compilation, or program that is a form of intellectual property that is not generally known or reasonably ascertainable… Read More »
What to Know about Merger Agreements in Florida
If you have been asked to consider a business merger, it is imperative that you understand everything about what is involved before agreeing to it. If your company has shareholders, most states will require that a majority of them approve a merger in cases where it has a major impact on either the target… Read More »
SEC Issues Statement on Market Structure Innovation for Thinly Traded Securities
Washington D.C., Oct. 17, 2019 — The Securities and Exchange Commission today issued a statement that invites exchanges and other market participants to submit innovative proposals designed to improve the secondary market structure for exchange listed equity securities that trade in lower volumes, commonly referred to as “thinly traded securities.” Low trading volumes may drive… Read More »
How a Florida Securities Compliance Lawyer Can Help Your Business
Does your business offer securities, or are you planning to offer them? Securities offerings are highly regulated at both the federal and the state level by the Securities and Exchange Commission (SEC) and Florida securities administrators. Your offerings are required to comply with both federal and state registration laws as well as anti-fraud laws…. Read More »
SEC Releases an Updated List of Firms Who Use Inaccurate Information in Order to Solicit Investors
The Securities and Exchange Commission recently issued a press release that it has updated the list of unregistered securities entities that may be engaging in the practice of using misleading information in order to go after investors. Their primary focus is unsuspecting international investors. This latest update added 11 soliciting entities, nine bogus regulators,… Read More »
Senior Safe Act Helps Reduce Suspected Senior Financial Exploitation
Financial fraud against senior citizens is an unfortunate reality that surrounds us. Older persons are considered easier targets and are left vulnerable to unscrupulous and opportunistic thieves in search of their next score. In order to try and thwart some of the risk, the Senior Safe Act was passed in May 2018. It does… Read More »
Specific Performance and Florida Contract Law
When it comes to contract disputes, the most common remedy involves financial restitution. However, there is also something called specific performance which is an equitable remedy in some breach of contract matters. When someone files a suit for specific performance, the party who did not breach the contract, or the plaintiff, asks the court… Read More »
What is the Securities Exchange Commission Rule 144?
Securities and Exchange Commission (“SEC”) Rule 144 is promulgated under the Securities Act of 1933 and deals with a commonly used exemption for security holders to sell restricted securities in public resales. Restricted securities are typically acquired in a private, unregistered sale from an issuing company or one of their affiliates. What are Restricted… Read More »
Essential Elements of Florida Corporate Compliance
Do you know whether your business is complying with all government regulations regarding reporting and operations? All businesses are required to have company policies that teach their employees how to handle and respond to a variety of situations, as well as file accurate financial statements. Failure to comply with governmental regulations and rules can… Read More »
