Provision of Mining Law Survives a Court Test in Kentucky
2/8/2011 In order to win a case against Massey Energy Co., federal regulators relied on the provision of the Mine Safety Law, which is a 33 year old law that regulates mining policies. In November, the United States Labor Department sued Massey Energy Co. based in Richmond, Virginia over the company’s Freedom Energy No. 1 […]
Securities America Inc., Hit with $1.2 Million Damage and Legal Fees
2/8/11 A costly legal blow was delivered by arbitrators to Securities America Inc., on New Year’s Eve over alleged fraudulent sale of private placements. Nearly $1.2 million in damages and fees were awarded by the Financial Industry Regulatory Authority Inc, or FINRA, arbitration panel to the client who filed the lawsuit. The award included $734,000 […]