Michael Monteverde, Fort Lauderdale Partner, obtained a significant victory on behalf of his client, Tower Hill Prime Insurance Company, through entry of a final judgment in favor of Tower Hill. A Circuit Judge in Lee County recently found that SFR Services, LLC, had...
In the third article of our series, we are addressing the changes that Florida House Bill 837 ("HB 837") made to the areas of bad faith law and negligent security. Similarly, to the other broad changes in tort law, these provisions will result in differences in many...
As explained in the first article of our series, tort reform has arrived in Florida with House Bill 837 ("HB 837") being signed into law on March 24, 2023. Our first article discussed changes in the law relating to the statute of limitations and attorney’s fees. In...
Florida House Bill 837 ("HB 837") was signed into law on March 24, 2023, by Gov. Ron DeSantis. The bill is a large and sweeping reform to the tort landscape. Gov. DeSantis described the comprehensive tort reform as necessary to protect Floridians from what he called a...
Recently, Tom Diana was featured on a Lisa Miller & Associates podcast discussing the challenges faced in determining insurance coverage for storm damage caused by Hurricane Ian. Listen to that podcast here: Read the full story
The United States Securities Exchange Commission (SEC) filed a lawsuit against Ripple claiming that it sold its cryptocurrency, XRP, as an unregistered security. As such, the SEC claims Ripple owes billions in damages. Why should my firm care about this case? This...
The importance of a compliance program cannot be understated. These programs serve to help member firms follow applicable rules and regulations and mitigate the risk of allegations of a violation. But how much responsibility falls on the shoulders of those who run...
Business leaders can take advantage of a number of opportunities when using cloud computing models. This is true for many types of enterprises, including broker-dealer firms — and the Financial Industry Regulatory Authority (FINRA) has taken notice. The organization...
Whether you are a broker-dealer or work for a publicly-traded company, the way in which you communicate about official business matters makes a difference. Lapses in communication security can result in investigations by the SEC, FINRA and other regulatory bodies. By...
The Financial Industry Regulatory Authority (FINRA) works to keep the markets safe for investors and has the power to sanction investor-brokers who violate its rules. Some of these rules have a very broad reach, such as Rule 2010. What is Rule 2010? Rule 2010 provides...
