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Category Archives: Avoiding Investment Scams

Investing In Your Business to Make It Great

January 9, 2017

R. Shawn McBride recently published an article to the McBride For Business Blog on a topic that might be of interest: Investing In Your Business to Make It Great.

He examines why it is important for you to invest in your business. There is definitely one real theme for businesses that have succeeded

You can see the full article here.

This posting is intended to be a tool to familiarize readers with some of the issues discussed herein. Read the rest

Keys to Protect Your Business: The Laws of Empowerment To Excel in Your Business

January 4, 2017

R. Shawn McBride recently published an article to the McBride For Business Blog on a topic that might be of interest: Keys to Protect Your Business: The Laws of Empowerment to Excel in your Business.

He examines why it’s critical when putting plans together that there be an element of protection.

You can see the full article here.

This posting is intended to be a tool to familiarize readers with some of the issues discussed herein.  This is not meant to be a comprehensive discussion and additional details should be discussed with your attorneys, accountants, consultants, bankers and other business planners who can provide advice for your circumstances. Read the rest

Work Culture Leading to Explosions?

December 5, 2016

R. Shawn McBride recently published an article on the McBride For Business Blog on a topic that might be of interest: Work Culture Leading to Explosions?

He discusses the recent NPR article that took the position on work culture of Samsung phones which led to certain defects not being addressed.

You can see the full article here.

This posting is intended to be a tool to familiarize readers with some of the issues discussed herein.  This is not meant to be a comprehensive discussion and additional details should be discussed with your attorneys, accountants, consultants, bankers and other business planners who can provide advice for your circumstances. Read the rest

One Product Gone Bad: What's the Real Cost

November 17, 2016

Recently there has been an increase in discussions concerning phone explosions. The two recent cases have included Samsung smart phones and Nokia (a couple of years ago). It is important to note that in the most recent case (involving Samsung) no one has accepted liability.

These are phones, but similar issues can happen with other products.

What can be the impacts on your company of a defective product?

Financial Liability

The financial liability of an event like an exploding cell phone can be a huge problem.… Read the rest

Securities Fraud Class Action Lawsuit Trends

October 25, 2016

When we write about securities law issues here, we tend to focus on enforcement actions or investor alerts by the Securities and Exchange Commission (SEC).  For instance, in our previous blog series “SEC Issues an Investor Alert on Social Media and Investing,” we discussed the SEC investor alert warning investors about fraudsters who attempt to manipulate share prices through social media.  In another blog post “Crowdfunding Gone Wrong: Some Points of Caution,” we covered the SEC’s emergency action against Ascenergy LLC, a Nevada limited liability company, which allegedly solicited investors on crowdfunding websites with false and misleading statements. … Read the rest

Crowdfunding Gone Wrong: Some Points of Caution SEC Investor Alert: Ascenergy LLC Oil and Gas Crowdfunding Scheme

January 19, 2016

We’ve covered crowdfunding extensively in our previous posts “Crowdfunding: Is It Right for My Business,” “Is It Time To Do Crowdfunding To Raise Money?: SEC Releases Federal Crowdfunding Rules,” and “An Easy Way for Texas Companies To Raise Money? A Discussion of the Texas Crowdfunding Exemption.” As crowdfunding gains popularity, not only has it proved to be a process of trial and error (see, for example, our previous posts “Eureeca: A Cautionary Tale on How Not To Do Crowdfunding” and “Update on Eureeca Capital”), but schemes to defraud unsophisticated investors with the allure of crowdfunding also seem to have been on the rise.… Read the rest

An Example of How Securities Laws Can Be Broader than Most People Think: SEC Warns Investors of Fantasy Stock Trading Websites (Part 2)

November 21, 2015

In re Sand Hill Exchange.

In re Sand Hill Exchange involved two Silicon Valley entrepreneurs, Gerrit Hall and Elaine Ou, who operated a website called Sand Hill Exchange (“Sand Hill”).[1] The SEC said that the two wanted to create a business that would involve valuing private startup companies, especially companies operating in Silicon Valley, and initially experimented with several business models, including a variation of a “fantasy sports” league, a valuation contest, a valuation game, and so forth.[2] The SEC alleged that, starting around February 2015, Sand Hill started offering its new products that allowed users to fund their Sand Hill accounts with either dollars or bitcoins and then buy and sell contracts that referenced a private company, such as Uber, Pinterest, Snapchat, and Coinbase.… Read the rest

An Example of How Securities Laws Can Be Broader than Most People Think: SEC Warns Investors of Fantasy Stock Trading Websites (Part 1)

November 10, 2015

On June 17, 2015, the Securities and Exchange Commission (“SEC”) issued an investor alert to warn investors about fantasy stock trading and other similar websites. For a full text of the alert, click here.

Although most people think that terms like “swap,” “security-based swap,” and “derivative” include only complicated financial instruments used by sophisticated financial institutions, the SEC explains that these terms are defined broadly and include any agreement, contract, or transaction whose value is based upon – or “derivative” of – the value or performance of some other financial product, event, or characteristic.… 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.