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The Unruh Civil Rights Act (colloquially the "Unruh Act") is an expansive 1959 California law that prohibits any business in California from engaging in unlawful discrimination against all persons (consumers) within California's jurisdiction, where the unlawful discrimination is in part based on a person's sex, race, color, religion, ancestry, national origin, age, disability, medical ...
SEC Rule 10b-5, codified at 17 CFR 240.10b-5, is one of the most important rules targeting securities fraud in the United States. It was promulgated by the U.S. Securities and Exchange Commission (SEC), pursuant to its authority granted under § 10(b) of the Securities Exchange Act of 1934 . [ 1 ]
Section 17200 is a strict liability statute that has no such requirement. [34] In addition, section 17500 carries criminal penalties, whereas only civil remedies are available for section 17200 violations. Plaintiffs suing under Sections 17200 or 17500 often also assert violations of the California Consumers Legal Remedies Act (CLRA), set forth ...
In October 2010, the SEC settled the lawsuit and Mozilo was required to pay a fraction of the $521.5 million he had earned, just $67.5 million in penalties and disgorgement. [ 3 ] [ 4 ] In August 2009, the SEC filed a suit against Bank of America , alleging that the bank failed to disclose $3.6 billion in bonuses that Merrill Lynch paid its ...
Section 4(a)(5) of the '33 Act exempts from registration offers and sales of securities to accredited investors when the total offering price is less than $5 million and no public solicitation or advertising is made. However, Regulation D does not address the offering of securities under this section of the '33 Act.
For 2024, the cost for a holiday meal for 10 people averaged about $58.08, or about $5.80 per person. That’s down 5% from 2023 , and about 9% from 2022 —the year that saw the highest jump in ...
Rafael was moving west across the Gulf of Mexico on Friday morning as the first major hurricane in the Gulf in November for almost 40 years, bringing the threat of life-threatening conditions to ...
After filing a civil lawsuit four years ago, the wife of a California inmate won a $5.6 million settlement concerning an unlawful strip search conducted by the correctional officers during a ...