Category Archives: Director Liabiloity

Homeland Security Issues Urgent Cyber Warning To US Businesses


U.S. agencies are warning U.S. businesses to batten down their cyber security defenses to guard against a WannaCry ransomware cybersecurity threat sweeping the Globe. Continue reading

Posted in Board of Directors, CEO, CFO, Compliance, D&O, Data Security, Director Liability, Director Liabiloity, E&O, Employee Benefits, Employment, Fiduciary Responsibility, Fraud, Internal Controls, Leadership, Officers, Officers Liability, Privacy, Risk Management, Shareholder Liability, Uncategorized | Tagged , | Leave a comment

Real Leadership Speaks For Itself


Check out this discussion from Microsoft CEO about self-proclaimed “experts” and “leaders.”    #cynthiamarcottestamer #solutionslawpreas #leadership #coaching

Posted in Bankruptcy, Board of Directors, CEO, CFO, Compliance, Director Liability, Director Liabiloity, Employment, Fiduciary Responsibility, Internal Controls, Leadership, Officers, Performance Management, Uncategorized | Tagged , , , | Leave a comment

CG TechNology Nailed For $12M For Bank Secrecy Act Money Laundering Violations


The $12 million FinCEN civil money penalty (CMP) imposed against CG Technology, L.P., doing business as Cantor Gaming, reminds gaming and other U.S. regulated businesses of the importance of maintaining and administering appropriate policies and practices to comply with the anti-money laundering … Continue reading

Posted in Board of Directors, CEO, CFO, Compliance, Data Security, Director Liability, Director Liabiloity, E&O, Risk Management, Uncategorized | Tagged , , , , , , | Leave a comment

Data Breach & Cyber Securities & Investor Risk Management


Corporations and their leaders to add reviewing prospectus and investor cyber security and data breach disclosures to their data breach and cyber security risk management and response to do lists help guard against  post event  shareholder claims and regulator investigations. … Continue reading

Posted in Board of Directors, CEO, CFO, Compliance, D&O, Data Security, Director Liability, Director Liabiloity, E&O, Employee Benefits, Employment, Fiduciary Responsibility, Fraud, Internal Controls, Officers, Officers Liability, Risk Management, Shareholder Liability, Turnaround Management, Uncategorized | Tagged , , , , | Leave a comment

10 Practical Pointers To Use Law To Better Strengthen The Legal Defensibility Of Your Business & Its Leaders


Businesses and their leaders struggling to managing the ever-changing and constantly growing regulatory and other legal risks inherent in operating a business in today’s litigation and enforcement-charged environment often miss invaluable opportunities by failing to take certain basic steps that strengthen their liability defenses and the effectiveness of their risk management and compliance efforts.

While each organization and leader needs to carefully tailor its organizational risk management and compliance programs to meet the unique needs and challenges of its operations, all risk management and compliance efforts generally should incorporate and operate on at least each of the following 10 Corporate Governance processes:
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Posted in Bankruptcy, Board of Directors, CEO, CFO, Compliance, D&O, Data Security, Deferred Compensation Plans, Director Liability, Director Liabiloity, Employee Benefits, Employment, Fiduciary Responsibility, Fraud, Health Plans, Internal Controls, Labor Relations, M&A, Officers Liability, Privacy, Reductions In Force, Reengineering, Retirement Plans, Risk Management, Shareholder Liability, Stock Plans, Tax, Turnaround Management | Tagged , , , , , , , , , , , , | Leave a comment

IRS Guidance On Section 1446 Withholding Tax On Foreign Individual Partners Released


The Internal Revenue Service is publish a clarifying correction to fix potentially misleading information in its final regulations for reporting and withholding of foreign income by foreign financial institutions for 2014. As corrected, the correction with provide, “With respect to … Continue reading

Posted in CEO, Director Liabiloity, Employee Benefits, Employment, Fiduciary Responsibility, Health Plans, Tax | Tagged , , , , , , , , , , | Leave a comment

Money Services Business Pays $45K CMP For Violating BSA Reporting Requirements


Mian, Inc., doing business as Tower Package Store, a money services business (MSB) is learning an expensive of the risks of failing to report cash transactions and other anti-money laundering (AML) requirements of the Bank Secrecy Act (BSA).  It’s paying … Continue reading

Posted in Bankruptcy, CEO, D&O, Director Liabiloity, Employment, Fiduciary Responsibility, Fraud, Internal Controls, M&A, Officers, Reengineering, Shareholder Liability, Tax, Uncategorized | Tagged , , , , , , , , , , , , , , , , | Leave a comment