Archive | Business Law

Doral Financial Scandal: Sammy Levis Guilty of Wire Fraud

Mario S. Levis, aka “Sammy Levis,” was found guilty on securities and wire fraud charges after a five-week jury trial before U.S. District Judge Thomas P. Griesa for his role in a scheme to defraud investors and potential investors in the stock of Puerto Rico-based Doral Financial Corporation (Doral) that took place while he was [...]

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Fighting Debt Collectors: Knowing Whether a Debt is Valid

Many people aren’t surprised when a debt collector calls. After all, they know they owe an overdue debt. But what happens when you’re taken by surprise because you didn’t realize that you owe a debt or had forgotten that you owed money? Bill collectors often spring this kind of surprise on unsuspecting people, and make [...]

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News Corp Plans to Block Google From Wall Street Journal

Rupert Murdoch, chief executive of News Corp, recently landed on headlines when he said in an online interview that News Corp is planning to block Google from crawling into its web sites. The interview, conducted by David Speer of major network Sky News Australia, discussed a wide range of topics, from the debate between free [...]

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Neutrogena & Coppertone in Lawsuit: Sunscreen Advertising

Earlier ruling. Plaintiff (Coppertone for convenience) makes Coppertone Sport sunscreen, introduced in 1992, and defendant makes Neutrogena Ultimate Sport sunscreen, introduced in late 2008 and first advertised in 2009. There were false advertising claims and counterclaims; both prevailed in part. The parties disagreed about whether a sunscreen’s ability to protect against UVA rays is subsumed [...]

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