On May 29, the Securities and Exchange Commission filed a lawsuit against a group of several individuals involved with a Ponzi scheme in Ohio. An Akron-based group, KGTA Petroleum, was reportedly comprised of residents from the northeast area who employed a scheme to...
Month: June 2014
Security companies reach settlement in patent dispute
A settlement has been reached in the patent dispute between SecureBuy, LLC, and Ohio-based CardinalCommerce Corporation. In November 2013, SecureBuy initiated a lawsuit against Cardinal in a federal court that contested the latter's patents with the U.S. Patent and...
New laws limit townships’ authority for economic development
Townships in Ohio that want to expand their economic development zones or make new ones will be subject to new requirements in 2014 due to House Bill 289. People involved with business planning might interested to learn that townships will no longer be able to create...
Medical marijuana dispensaries sued for trademark infringement
Ohio business owners may be interested in reading about the latest news involving a trademark infringement lawsuit brought by The Hershey Company in two states. The Hershey Company filed a lawsuit against Seattle Conscious Care Cooperative, a company that sells snacks...
