Recent News
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Morgan Stanley Loses $843,000 Investor Claim Stemming from ‘Gold Bar’ Scam
Investment News February 11, 2025 By Bruce Kelly An elderly Morgan Stanley client in Florida who fell prey to a so-called “gold bar” scam won $843,000 in damages on Monday from the firm after she claimed it failed to follow industry rules designed to protect senior investors. Marjorie Kessler, 76, claimed last year that Morgan Stanley violated two industry… Read More »
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Merrill Lynch Loses $2-Mln Puerto Rico Bond Dispute with Ex-MLB Outfielder
Source: AdvisorHub By Vicky Ge Huang A NASD arbitration panel has ordered Merrill Lynch to pay former Major League outfielder Ángel Pagán and his wife more than $2 million for investing them in “unsuitably high concentrations” of Puerto Rico municipal bonds and closed-end bond funds. The award, which a NASD spokeswoman said is the… Read More »
NEW: Aerospace engineering company’s move from Gardens prompts lawsuit against Business Development Board
Source: The Palm Beach Post By Tony Doris Belcan Corp.’s former landlord claims the Business Development Board interfered. Northcorp is asking for more than $1 million in damages from the BDB, for “intentional and wrongful interference.” WEST PALM BEACH — Belcan Corp.‘s former landlord on Friday sued the Business Development Board of Palm Beach… Read More »
Lawsuit against Sarasota city manager settled
A lawsuit against Sarasota City Manager Tom Barwin that accused the top administrator of breaking state public records law by failing to produce city-related discussions from his private email account as part of numerous public records requests has been settled for $30,000.
Handful of messages indicate city manager occasionally discussed Sarasota municipal issues
Newly released text messages from the personal cell phone of Tom Barwin show the city manager — who has denied conducting city business on his private email account — occasionally sent and received texts discussing city matters.
Sarasota’s City Manager turns in 2,500 emails from private email account for court to review
Sarasota’s City Manager is the most recent in a slew of people in power under fire for using a private email account for work related business.
Sarasota city manager’s lawyer says public records suit has no basis
Lawyers representing Sarasota City Manager Tom Barwin in a public records lawsuit claim the plaintiff in the case has no substantive legal argument since every public record from the top administrator’s private email account dating back to 2012 has been recovered and made public.
City releases first batch of city manager emails
An attorney for City Manager Tom Barwin said an initial review does not suggest Barwin conducted substantive city business via private email, though critics see issues.
Lawyer for Barwin contends few emails are missing from Sarasota public servers
A partial examination of City Manager Tom Barwin’s personal Gmail account revealed the top administrator’s personal email account contained more than 100 public records he failed to forward to the city.