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December 2012 Archives

Connecticut entrepreneur specializes in technological innovations

New ventures often invest tens of millions of dollars in technology, patents, real estate and facilities, and in hiring the right talent for the business. Every decision at this point in time has its risks, and any company wants to avoid making mistakes that may prevent the business from even starting up.

UBS attempts to settle fraud charges with government

When security fraud is alleged, the fines assessed by federal agencies can be colossal. In the case of UBS, the Swiss banking company with branches in Connecticut, its Japanese subsidiary paid close to $1.5 billion in penalties concerning alleged felony wire fraud.

Oakley Sues Pro Golfer McIlroy and Nike for Breach of Contract

Oakley, Inc., a sports apparel and eyewear and apparel maker that sells products throughout the U.S., currently has an endorsement agreement in place with the No. 1-ranked golfer, Rory McIlroy. This contract apparently covers eyewear and apparel, giving Oakley the exclusive right to McIlroy's advertising endorsements.

Connecticut hedge fund investigated by SEC

A Connecticut run hedge fund has come under the scrutiny of the Securities Exchange Commission (SEC). Though the hedge fund in question appears to have performed admirably, accusations are being made regarding insider trading and breach of fiduciary duty occurring by at least five employees working for this company.

Small Business Especially Susceptible to Cyber Attacks

www-thumb-150x112-15521-thumb-150x112-15522-thumb-150x112-15523.jpgWhile fraud protection has become a common expectation from consumers in regards to their bank accounts and credit accounts, treatment of commercial clients including small businesses in the face of a cyber attack or fraud is more opaque.

Small Business Especially Susceptible to Cyber Attacks

Thumbnail image for www.jpgWhile fraud protection has become a common expectation from consumers in regards to their bank accounts and credit accounts, treatment of commercial clients including small businesses in the face of a cyber attack or fraud is more opaque.

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