Ohio residents may be interested to learn that a shareholder lawsuit filed against Blackberry was recently dismissed. The lawsuit involved allegations that the company had artificially inflated its stock price by misleading its shareholders about the popularity of the...
In the course of any business, shareholder disputes may arise between those who hold minority and majority stakes in the company. This often occurs as a result of decisions taken by management or a board of directors. Contrary to the wishes of minority shareholders,...
Ohio business owners may face a situation of a business partner who is not performing well. There are alternative actions that can be taken so that the non-functioning partner is not an impediment to the success or growth of the business. The available steps could be...
It is possible that an Ohio business owner will be the subject of a lawsuit. However, there are steps that a business can take to protect itself from unnecessary litigation. The first step is to acknowledge the fact that a lawsuit could occur at any time. It can also...
Some Ohio business owners may be interested in a lawsuit that was filed on Oct. 29 in a U.S. Bankruptcy Court; the suit alleges that Hormel Foods Corp. engaged in dishonest business practices, leading AgFeed Industries Inc. to file bankruptcy. The suit, filed by...
Deceptive trade practices are actions that give a company an unfair advantage in the marketplace through lying or false advertising and are prohibited by Ohio statutes. Companies should honor all advertisements by matching the listed price and supplying a reasonable...
The rights of corporations in Ohio are specifically codified in Title XVII of the Ohio Revised Code. Some of the authorities such an entity enjoys are relatively straightforward, such as the right to sue or adopt a seal or trademark. These are often accompanied by...
An Ohio man is the subject of a lawsuit leveled in July by a Texas company that operates gas wells within the state. The company, Buckeye Brine, says that the billboards that the man has put up are defamatory. The billboards make references to the Biblical book of...
Ohio business owners may be interested in the latest news on a lawsuit filed by shareholders against tech giant Hewlett-Packard. The claim against the company has been dismissed despite the shareholders' second chance at filing. In August 2013, a group of HP...
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...