[Post updated March 2021] When this post was first written in 2011, Ameriprise had just released its annual report, which showed its securities broker dealer subsidiary, Securities America, was hemorrhaging cash. Securities America’s capital had dropped by a whopping 86% in just one year as the company defended itself against investor lawsuits. The company’s actual […]
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NFL QB Sues Law Firm Over Bad Tax Advice
Phony Tax Credits Wind Up with Jail, Legal Malpractice Lawsuit [Post Updated] Taxes are complicated. During a recent trial we asked all of the IRS agents in attendance if any of them had ever read the entire tax code. Not one had. With thousands of forms and tens of thousands of pages of statutes, rules […]
Offering Frauds – Don’t Be In a Rush to Be First
Everyone wants to be in on the ground floor of a hot new technology. “If only I had purchased Apple stock or Google when they were first offered” has been muttered around office water coolers and local athletic clubs millions of times. We think that by being in at the ground floor of something big […]
Out of the Box – Lawyers Turn to Innovative Practice Areas to Make Their Mark
Wisconsin Law Journal Three innovative Wisconsin attorneys have three things in common. They all practice within their own small firms, and they all serve clients nationwide. But what makes them stand out as leaders for the most part is a third commonality: They’re all practicing in areas that didn’t exist when they were in law […]
Fraudulent Transfer Post – How Can I Sue a Debtor Who Transferred His Assets?
Can Someone Transfer Their Assets to Avoid A Debt? No! A fraudulent conveyance, also known as a fraudulent transfer, is an attempt to avoid debt by transferring money to another person or company. It is generally a civil matter meaning that one cannot go to jail for it, but in some jurisdictions there is […]