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Morgan Stanley Files $1 Billion Lawsuit Against Three “Break-Away” Advisors Who Started their Own Firm

By Michael Pike and Daniel Lustig |

According to reporting from City Wire, Morgan Stanley has filed a $1 billion lawsuit against three “break-away” financial advisors who purportedly left the broker-dealer to start their own firm. In this article, our Miami commercial litigation lawyer provides an overview of the case and highlights key things to know about the standard of liability… Read More »

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Can I Sue for a Business Partner for Failing to Devote Sufficient Time to the Business?

By Michael Pike and Daniel Lustig |

Business partners are teammates. For a business partnership to meet its full potential, all parties need to carry their weight. Typically, this means investing adequate resources into the business. You may be wondering: Do I have a claim against my business partner if they are not paying enough attention to the business? In Florida,… Read More »

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The Importance of Timely Documenting Injuries in a Slip/Trip and Fall

By Jesse Fulton |

By: Jesse Fulton This Thanksgiving, as we gather with loved ones, let’s also take a moment to consider safety. Slip and fall accidents can happen anywhere, even during the Black Friday rush. Whether it’s a public place, a sporting event, a workplace, or someone’s property, remember to report and document any incidents promptly. Protecting… Read More »

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What People Get Wrong About Shareholder Derivative Lawsuits

By Michael Pike and Daniel Lustig |

There are two different types of shareholder lawsuits: 1) Direct actions and 2) Derivative actions. A derivative action is a type of legal claim through which a shareholder (or group of shareholders) seeks to take legal action on behalf of the corporation itself. Shareholder derivative actions are notoriously complex. Below, our West Palm Beach… Read More »

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Handling Debts and Liabilities When You Purchase a Business

By Michael Pike and Daniel Lustig |

Let’s say that you want to purchase a business. It looks like a great business, and it does well, and has a good reputation. You really want to purchase this business. But there’s one thing about the business that you are concerned about buying: the liabilities. Different Kinds of Debts and Liabilities Liability can… Read More »

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Religious Accommodations: What Do You Have to Do?

By Michael Pike and Daniel Lustig |

If you have employees, it is bound to happen: an employee will, at some point, ask you to make a religious accommodation for an employee at work. But do you have to do that? And how far do you have to go, in making such an accommodation? More Accommodation, Not Less The law is… Read More »

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You’re Not in a Lawsuit: So Why Are You Being Asked for a Deposition?

By Michael Pike and Daniel Lustig |

If you are involved in a lawsuit as a party, you probably expect that you likely will be called to give testimony in a deposition. But what you don’t expect is the day that a process server shows up to your business with a subpoena for deposition, in a case that you seemingly have… Read More »

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What is Florida’s Materiality Requirement for Breach of Contract Claims?

By Michael Pike and Daniel Lustig |

A breach of contract occurs when one party fails to fulfill their obligations as outlined in a legally enforced contractual agreement. The non-breaching party has the right to pursue remedies following a breach. However, there are certain criteria that must be met to prove liability in a breach of contract claim—and in Florida, that… Read More »

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Four Reasons Why it is Risky to Operate a Partnership Without a Formal Written Agreement

By Michael Pike and Daniel Lustig |

A successful partnership should be built on a strong foundation. This is true for both personal and professional partnership. In Florida, a business partnership—whether a general partnership, limited partnership, or limited liability partnership—should be structured around a formal written agreement. It is risky to operate a business partnership without a partnership agreement. Here, our… Read More »

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Walgreens Will Pay Nearly $200 Million to Settle Rite-Aid Shareholder Litigation

By Michael Pike and Daniel Lustig |

According to a report from Business Insurance, Walgreens has agreed to settle a shareholder lawsuit for nearly $200 million. The class action shareholder lawsuit was initially filed against the company back in 2017 by a group of Rite Aid Corp shareholders who accused top corporate executives at Walgreens of making material misrepresentations about the… Read More »

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