What Is Wire Fraud

What Is Wire Fraud?

Legal Assistant Administrative Law, Business Law, Criminal Law, Regulatory Law

Wire fraud is one of the most common crimes federal authorities prosecute on a day-to-day basis. It involves a carefully woven scheme to defraud an unsuspecting victim of money or property. A criminal will typically employ some means of deceit or deception to lure the victim through concealment, misrepresentation, or a series of false statements. It is a serious crime …

Liable In a Roller Coaster Accident

Who Is Liable In a Roller Coaster Accident?

Legal Assistant Business Law, Personal Injury Law

It’s all fun and games at amusement parks until someone gets hurt. No one ever goes to Disney World thinking that they may require medical attention afterward. According to statistics from the Consumer Product Safety Commission, approximately 8,800 people get injured on roller coaster rides every year. In reality, this number could be much higher since this data only accounts …

Facebook Lawsuit

Facebook Lawsuit – A New Precedent in Privacy Laws

Legal Assistant Administrative Law, Business Law, Constitutional Law, Consumer Law, Regulatory Law, Resources

On February 26, 2021, Facebook was ordered to pay $650 million for violating Illinois State privacy laws. More than 1.6 million state residents are expected to receive at least $345 each in a ruling made at a California federal court in the settlement. The cumulative settlement amount was $100 million more than what Facebook had initially proposed in 2020. According …

Did Robinhood Act Illegally in the Gamestop Short Squeeze

Did Robinhood Act Illegally in the Gamestop Short Squeeze

Legal Assistant Business Law, Resources

A few weeks ago, a group of investors on Reddit gave new meaning to the term “social movement” after banding together and encouraging anyone who would listen to invest in GameStop shares. The movement, which first started on WallStreetBets – a forum on the popular social platform –, was aimed at punishing Wall Street investors, many of whom were hedge …

Securities and Exchange Commission

What Is the Role of the Securities and Exchange Commission (SEC)

Legal Assistant Administrative Law, Business Law, Regulatory Law, Resources

Have you ever wondered what a world without the stock market would look like? Let’s just say things would be very different from what they are now. For one thing, getting business funding would be virtually impossible. Business growth would progress at an unbelievably slow pace, if at all, and the economy would stagnate. Now, picture a world where the …

Where Does Stimulus Money Come From

Where Does Stimulus Money Come From?

Legal Assistant Business Law, Constitutional Law

A few weeks ago, President Trump signed the $900 billion stimulus funding legislation into law. This effectively circumvented a looming government shutdown after demanding critical changes to the sprawling package. The money was channeled towards providing enhanced federal unemployment benefits, extending financial aid to struggling households in the form of stimulus checks, and providing funding for childcare, schools, small businesses, …

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What Happens if You Break a Lease?

Legal Assistant Business Law, Real Estate Law, Resources

Contracts exist to protect the rights of all parties involved. That’s precisely what a lease is – a contractually binding agreement between landlords and tenants that exists to protect both parties’ rights. However, there are several reasons you may have for wanting to break a lease. Maybe you got a new job out of town, and you need to relocate. …

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What Happens if You Don’t File Taxes?

Legal Assistant Resources, Tax Law

Every US citizen has a legal obligation to file their tax returns every year – whether or not you owe anything to the IRS. That’s just how the law is set up. Besides, you might just find that Uncle Sam has a tax refund waiting for you. And who doesn’t like having a little extra cash in their pocket, much …

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Can a Business Sue You for a Bad Review?

Legal Assistant Business Law, Consumer Law, Personal Injury Law

Have you ever encountered such horrible customer service from a business that it left you feeling utterly infuriated? So, much so that even after asking “to speak to the manager,” you could still feel yourself getting hot under the collar? Don’t worry. You’re in good company. We’ve all been there at one point in our lives. Before you know it, …