Negligent Misrepresentation by a CPA
It goes without saying that, when a business operation hires a CPA to provide professional services, the accountant owes a duty of care to the client and can be held liable to the client if the services are negligently rendered. But does the CPA owe a duty of care to others who are not the…
Class Actions Filed Against Prominent German Car Manufacturers Over Emissions
Class Action Against Volkswagen On February 22, 2016, a proposed class action lawsuit was filed in a California federal district court against Volkswagen AG (“VW”), alleging, among other things, that VW improperly modified or compromised its American diesel vehicles in order to pass government emissions tests. According to one report filed by the Wall Street…
After Data Breach, Sony Paying out Settlements in Class Action Lawsuit
The data breach which led to the ouster of Sony Pictures’ Chairman Amy Pascal has apparently come to a settlement. The settlement will pay out damages to those included in a class action lawsuit, but will not amount to much when all is said and done. Reports have the settlement fund at somewhere between $2…
Requirements for Class Action Lawsuits in Wisconsin
No business owner wants to hear that his or her company is being sued in a class action lawsuit. Aside from the obvious implication that you’ve somehow upset a whole lot of people, the downsides of defending a class action lawsuit are abundant due to the high costs associated with increased complexity. If you find…
Preparing for a Business Lawsuit
It has been demonstrated time and time again that entrepreneurship can be a highly rewarding career path. However, owning a business comes with inherent risks. The most common pitfall that has the potential to eliminate the hard work and sacrifices of a business owner is a lawsuit against your company. Each year, over 100 million…