McBride Law Blog


Archive for for March, 2016

SEC Issues an Investor Alert on Social Media and Investing (Part I)

March 3, 2016

On November 5, 2015, the Securities and Exchange Commission (“SEC”) issued an investor alert to warn investors about fraudsters who attempt to manipulate share prices through social media.[1]  For a full text of the investor alert, click here.  With the prevalence of social media and their increasing usage in market research, this seems to be a particularly appropriate topic for an investor alert.

In the investor alert, the SEC warned that, while social media can provide many benefits for investors, such as stock research and up-to-date news, it also presents opportunities for fraudsters to spread false or misleading information about a stock to large numbers of people with minimum effort and at a relatively low cost. … Read the rest

LLC Law Update: Piercing the Corporate Veil (Post 6)

March 1, 2016

We have looked at the laws governing veil piercing in New York, Wyoming, Texas, and Maryland.  Veil piercing is available in most other states in varying degrees, but it bears repeating that limited liability is the rule and piercing is the rare exception to be applied only in cases involving exceptional circumstances.[1]  The cases we discussed here are merely a snapshot of veil piercing laws in different states and examples of situations where courts allowed veil piercing, not necessarily indicative of that particular state’s business-friendliness, as veil piercing is highly fact-intensive. … Read the rest

All postings are intended to be planning tools to familiarize readers with some of the high-level issues discussed therein. No posting is intended to be a comprehensive discussion and additional details should be discussed with your transaction planners including attorneys, accountants, consultants, bankers and other business planners who can provide advice for your circumstances. This article should not be treated as legal advice to any person or entity.