The existing South Carolina whistleblower law is an attempt to encourage state and local government employees to report instances of wrongdoing by other government employees. Such wrongdoing could include bribery, kickbacks, embezzlement, conflicts of interest and misuse of government assets for personal gain. Unfortunately, the S.C. law acts as a…
Continuing our conversation of Securities Arbitration cases for defrauded retirees.
Two recent awards in retirement securities arbitrations are bringing hope to retirees who have disputes with brokerage firms that gambled away their retirement funds. The first, in the case of Cain v. Securities America, concerns a retiree whose hard-earned savings were liquidated in favor of more aggressive investments. After an…
A recent article in the Wall Street Journal points out a strategy that has given victims of the subprime loan crisis new hope: using the 1921 Martin Act as a legal tool to crack down on misleading mortgage-backed securities offerings. Why is the Act so powerful? Simple: it takes away…
An interesting debate on South Carolina speed limits is heating up the pages of the Charleston Post and Courier. A recent editorial on speeding prompted community response from readers who debate speed limits, enforcement of limits, and lack of driver education. Read More…
The state Department of Motor Vehicles came out with some good news for South Carolina drivers this month. According to The State, the number of uninsured drivers involved in accidents in our state has dropped by half in the past few years, from 18% in 2003 to 9% in 2006,…
In a case that reads like a nightmare, a lawsuit asking for $10 million has been filed against a man who caused a car wreck in Anderson County on New Year’s Eve. According to the Anderson Independent-Mail News, it’s the third lawsuit against driver Robert Blair and his employer, Craft…
On the day before Thanksgiving, Graco Children’s Products quietly recalled more than 300,000 infant car seats because they may pose a choking hazard. The backing of the seats can peel away from the seams, exposing filling underneath that could choke a curious baby. The recall affects Graco SnugRide stand-alone (non-travel)…
Santee Cooper, a South Carolina owned utility provider, is being sued for raising rates to pay for a building project but never returning the rates to their old prices after the project was completed, as they had agreed to. The suit alleges that the utility company owes around 150,000 customers…
The hits keep coming for the toy industry. Last week, a wave of new toy recalls by the RC2 Corp. and Target resulted in the recall of more then 900,000 toys. And now a consumer advocacy group said it has found hazardous levels of lead in many toys made out…