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March 2014 Archives

Lawsuit involving Beastie Boys and toy company settles

In any business dispute there is usually more than one way in which it can be resolved. While some cases end up in a courtroom where the outcome will be determined by a judge or jury, other times, lawyers for either side are able to reach an agreement outside of the court. This was the case in a disagreement involving the popular hip-hop group Beastie Boys, and a toy company called GoldieBlox.

Increased enforcement by SEC leading to more criminal charges?

Individuals who work in the field of securities should be aware that their actions may be more closely scrutinized than before. This is due to actions on the part of the Securities and Exchange Commission. A new report indicated that in 2013 the SEC worked to better enforce the rules and regulations in several areas. In addition to looking for financial fraud, it is also on the lookout for lapses in financial reporting and accounting.

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