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May 2019 Archives

U.S. women's national team files lawsuit

Soccer fans in California and throughout the country generally acknowledge that the women's national team has had more success than the men's team. However, the women's team has filed a gender discrimination claim against the U.S. Soccer Federation (USSF). The lawsuit claims that the USSF has violated both the Equal Pay Act and Title VII of the Civil Rights Act by not paying female players on par with male players.

Financial regulator proposes new rule

Most brokerage firms and brokers in California and throughout the country take steps to ensure compliance with applicable regulations. However, some do not make an effort to comply with the financial laws and regulations. To help combat this problem, FINRA has proposed a rule that require firms labeled as risky to pay into a fund. This fund would be used to pay judgments rendered against these firms in arbitration.

Can you trust your financial advisor?

Finding a broker you can trust is not always easy. Even a financial advisor who comes highly recommended by a friend may not be a good fit for you. You want someone who will be straight with you and guide you in making decisions that will help you meet your goals, not just put commission money into the broker's pocket.

Judge rules against law firm in sanctions motion

Workers are generally entitled to equal pay and other protections based on gender and other attributes. A $100 million lawsuit against the law firm Morrison & Foerster LLP, which was originally founded in California and has an office in Los Angeles, claims that pregnant workers were placed on a "mommy track" that made it difficult to achieve career success. The suit was brought by seven women who have so far remained anonymous. However, the identities of the plaintiffs may need to be revealed if the case proceeds.

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