On June 4, 2015, the Supreme Court of Virginia sided with The Krudys Law Firm’s arguments that its client Laura Pendleton had properly pled a defamation by inference, implication or insinuation action. The Supreme Court’s summary of its decision follows: In a defamation action, the circuit court erred in sustaining a demurrer and dismissing the […]
On March 16, 2015, Mark Krudys filed an appeal with the Fourth Circuit Court of Appeals concerning an inmate who was imprisoned in a Virginia jail for three months beyond his sentence.
On January 25, 2015, Mark Krudys gave a presentation to the Stafford County Chapter of the NAACP. Mark was invited by the NAACP to address current civil rights issues. Mark addressed the following topics: prisoner death cases, police shootings, sentencing guidelines, the high incarceration rate in the U.S., the effects of fines and courts costs […]
Recently, Mark Krudys has worked to advance inmates’ civil rights claims: On August 13, 2014, Mark Krudys led a nationally broadcast webinar entitled, “Jail and Jailer Liability: The Trial of a Jail Death Case.” The course covered both practical and substantive aspects of inmate death cases. The course covered the preliminary steps an attorney must take to […]
Attorneys should be aware that they risk waiving attorney-client privilege by asserting an advice of counsel affirmative defense. In an antitrust litigation, the U.S. District Court for the District of Idaho recently granted plaintiffs’ motion to compel certain defendants to produce documents identified on their privilege logs because they had waived attorney-client privilege by asserting […]
In a recent New York Times article, certain investors who failed to prevail on their claims against their broker complained about the arbitration panel’s actions at the hearing. Specifically, arbitrators struggling to stay awake or being heard laughing about the facts of the case. In response to numerous investor complaints, the Financial Industry Regulatory Authority […]
A company hires a software engineer, or a stock broker, or perhaps a bio-chemist. This company, knowing the newly hired employee could in the future use his or her knowledge against them, requires the employee to sign a contract agreeing not to look for a job at a rival company for a set period of […]
In May 2014, the Financial Industry Regulatory Authority (FINRA) fined the bank Morgan Stanley Smith Barney LLC $ 5 million for supervisory failures related to the way its brokers solicited investments in certain initial public offerings (IPOs). Between February 2012 and May 2013, Morgan Stanley Smith Barney LLC sold shares of 83 IPOs to retail customers […]
The Washington Post reports that law firms and in-house counsel are increasingly using alternative fee arrangements, such as flat fees, for litigation. When the economic downturn prompted corporate clients to scale back their outside legal spending several years ago, law firms responded by experimenting with alternative fees. Alternative fee arrangements can be anything that is […]
Last week, the Financial Industry Regulatory Authority (FINRA) fined LPL Financial LLC, one of the country’s largest networks of independent broker-dealers, $950,000 for its failure to supervise sales of alternative investment products, including non-traded real estate investment trusts (REITs), oil and gas partnerships, business development companies (BDCs), hedge funds, managed futures and other illiquid pass-through […]