Lawsuits

Brokers should be aware that inaccurate tax reporting could force its brokerage clients to seek damages and could force dealers to make their clients sign a liability waiver, as the recent muni case Richard Goodman v. UBS Financial Services highlights.

The temporary injunction halts all work on Pennsylvania's $2.2 billion Major Bridges program.

The office of Rob Bonta filed its objection to the dismissal with a California appellate court in San Francisco May 19.

The court's decision leaves issuers back to looking for a legislative solution.

The lawsuits challenge the procedures the NFL used to move the San Diego Chargers to Los Angeles.

A judge has ordered the state to reconsider its rejection of a bid for a $9 billion P3 for new toll lanes, a move that could delay Gov. Larry Hogan’s priority project.

For $790 million, the NFL settled a suit alleging that the league failed to follow its own rules when it allowed the Rams to leave St. Louis for California.

States could be forced to return stimulus aid if the Treasury Department finds the funds were used to offset tax cuts.

The Securities and Exchange Commission has charged an Illinois-based broker with defrauding three investors out of $800,000 by luring them into investing in nonexistent tax-exempt bonds.

The case may turn on whether the SEC’s temporary order is capable of repetition and evading review.