Not exact matches
STEVENSON, Md. --(BUSINESS WIRE)-- The securities litigation law firm
of Brower Piven, A Professional Corporation, has commenced an investigation
into possible
breaches of fiduciary duty and other violations
of state law by the Board
of Directors
of DCT Industrial Trust Inc. (NYSE: DCT)(«DCT Industrial» or the «Company») relating to the proposed buyout
of DCT Industrial by Prologis, Inc..
Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board
of directors
of Analogic Corporation («Analogic» or the «Company»)(NASDAQ GS: ALOG) regarding possible
breaches of fiduciary duties and other violations
of law related to the Company's entry
into an agreement to be acquired by an affiliate
of Altaris Capital Partners, LLC («Altaris») in a transaction valued at approximately $ 1.1 billion.
Instead
of thanking, lauding, or just plain paying Jason and Vince for giving Activision the most successful entertainment product ever offered to the public, last month Activision hired lawyers to conduct a pretextual «investigation»
into unstated and unsubstantiated charges
of «insubordination» and «
breach of fiduciary duty,» which then became the grounds for their termination on Monday, March 1st.»
The case involved allegations that
of shams agreements, allegedly entered
into to defraud HMRC, along with allegations
of breach of fiduciary duty and exclusion from the running
of the business.
Affirming, the First District dove deep
into the nature and reach
of the
breach of fiduciary duty, consumer fraud, and conversion torts under Illinois law.
In Dowd, the Court stated that a lawyer's conduct is a
breach of fiduciary duty when, before the lawyer departs, he «secretly attempt [s] to lure firm clients (even those that the partner has brought
into the firm and personally represented) to the new association, l [ies] to the clients about their rights with respect to their choice
of counsel and abandon [s] the firm on short notice.»
In Icahn Partners LP v. Lions Gate Entertainment Corp, 2011 BCCA 228, Madame Justice Newbury commented on the difficulty that the examples in BCE present: «Whether the Court thereby intended to signal that derivative actions (for
breach of fiduciary duty) and oppression claims should in its view be collapsed
into one category, despite their different treatment in Canadian corporate legislation, remains to be seen.»
Its core work involves
breach of trust,
breach of fiduciary duty, restitution, misrepresentation and transactions entered
into at an undervalue in order to put assets beyond the reach
of creditors.
As we first reported last month, Mike Rothenberg, the beleaguered founder
of the San Francisco - based venture firm Rothenberg Ventures, has been involved in an ongoing SEC inquiry
into possibly deceptive financial practices within his firm that include wire fraud, bank fraud,
breach of fiduciary duty and retaliation against a lower - level employee who was fired and allegedly threatened with a lawsuit after bringing these allegations to the SEC.
The plaintiffs allege that the real estate professionals
breached their
fiduciary duty by failing to open escrow, failing to deposit the purchasers» deposit
into escrow, failing to notify the seller that timing was critical because the transaction was part
of a Section 1031 exchange transaction, failing to identify alternate properties, and failing to use correct forms.
79 DOS 99 Matter
of DOS v. Pagano - disclosure
of agency relationships; failure to appear at hearing; proper business practices; unauthorized practice
of law; unearned commissions; vicarious liability; fraudulent practice; jurisdiction; ex parte hearing may proceed upon proof
of proper service; DOS has jurisdiction after expiration
of respondents» licenses as acts
of misconduct occurred and the proceedings were commenced while the respondents were licensed; licensee fails to timely provide seller client with agency disclosure form prior to entering
into listing agreement and fails to timely provide agency disclosure form to buyer upon first substantive contact; broker fails to make it clear for which party he is acting; broker violates 19 NYCRR 175.24 by using exclusive right to sell listing agreement without mandatory definitions
of «exclusive right to sell» and «exclusive agency»; broker
breaches fiduciary duties to seller clients by misleading them as to buyer's ability to financially consummate the transaction; broker
breaches his
fiduciary duty to seller by referring seller to the attorney who represented the buyers when he knew or should have known such attorney could not properly protect seller's interests; improper for broker to use listing agreements providing for broker to retain one half
of any deposit if forfeited by buyer as such forfeiture clause could, by its terms, allow broker to retain part
of the deposit when broker did not earn a commission; broker must conduct business under name as it appears on license; broker engaged in the unauthorized practice
of law in preparing contracts for purchase and sale
of real estate which did not contain a clause making it subject to the approval
of the parties» attorneys and were not a form recommended by a joint bar / real estate board committee; broker demonstrated untrustworthiness and incompetency in using sales contract which purported to change the terms
of the listing agreement to include a higher commission; broker demonstrated untrustworthiness and incompetency in using contracts
of sale which were unclear, ambiguous, vague and incomplete; broker failed to amend purchase agreement to reflect amendment to increase deposit amount; broker demonstrated untrustworthiness in back - dating purchase agreements; broker demonstrated untrustworthiness in participating in scheme to have seller hold undisclosed second mortgage and to mislead first mortgagee about the purchaser's financial ability to purchase; broker demonstrated untrustworthiness by claiming unearned commission and filing affidavit
of entitlement for unearned commission; DOS fails to establish by substantial evidence that respondent acted as undisclosed dual agent; corporate broker bound by the knowledge acquired by and is responsible for acts committed by its licensees within the actual or apparent scope
of their authority; corporate and individual brokers» licenses revoked, no action taken on application for renewal until proof
of payment
of sum
of $ 2,000.00 plus interests for deposits unlawfully retained