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 …
What Is the Role of the Securities and Exchange Commission (SEC)
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 …
What Happens if You Ignore a Subpoena?
You managed to convince your boss to give you much-needed time off from work this week. It’s only two days, but that’s more than you’ve had these past months. You plan to go to Wine Country and spend that time wining and dining at a luxury resort you’ve been dying to visit all year. As you’re packing for your short …
What Is the Punishment for Cyber Crime?
According to the FBI Internet Crime Report, the country loses more than $3.5 billion every year in internet crimes. The bureau’s Internet Crime Complaint Center (IC3) receives an average of 1,300 reports a day from individuals and businesses that have fallen victim to cyber crime. Criminals are getting smarter by the day and are employing a host of highly sophisticated …
What Happens to US Citizens Arrested or Detained Overseas?
Traveling is a great way to see the world, experience new cultures, and make memories that will last a lifetime. However, it is not the time to break the local laws of the country you’re in. It doesn’t matter how law-abiding you are back home. Getting arrested or detained overseas is serious business. It’s not like the movies either. The …
Can I Sue My Employer If I Get Kidnapped?
Every year, more than 90 million Americans travel outside the US for work or leisure. However, the last thing you would expect to happen when you’re in a foreign country is to get kidnapped. That’s anyone’s worst nightmare. Although kidnapping statistics held by the US government and private security companies are not usually released publicly, we estimate that number could …
What Is a Probate Lawyer?
Jimi Hendrix, the legendary guitarist, died without a will in 1970, leaving behind an estate that’s currently valued at more than $160 million. And now, more than five decades later, the bitter battle over its control rages on. This is a prime example of what could go wrong when people die intestate – or without a will. It leaves your …
What Is the Average Settlement for a Car Accident?
You’re driving down the street for a quick grocery run. You’re keeping to the speed limit like the good driver you are bobbing your head softly to your favorite jam on the radio. You slow down as you approach the red light, and then, bam! Someone rams into your car from behind. Great, just what you need – a car …
What Happens If a Presidential Candidate Dies?
The US Constitution is quite clear on what happens when a sitting president or vice-president dies or becomes incapacitated during their term in office. What is not so clear is what happens if a presidential candidate dies before the general election or shortly after winning the election but before taking office. Although this has never happened in American history, there …
What Happens if You Fail a Drug Test?
Substance abuse takes a heavy toll on businesses across the country. According to the 2019 National Survey on Drug Use and Health, 14.3% of full-time employees and 15% of part-time workers aged 18 and above reported past-month illicit drug usage. Employers have taken to implementing drug testing programs to curb the menace and deter drug use in the workplace. If …