Southwest Florida Continues to Rebound

Sep 8, 2020 / Bulletin

Southwest Florida’s economy has steadily improved throughout the summer after shutdowns, and record-high unemployment took a toll on our community. Although the future is uncertain, we see visible signs of hope in our local economy. The unemployment rate in Southwest Florida fell drastically since the height of job losses just a few months ago. After a strong period of record-low unemployment in 2019 and early 2020, unemployment hit a high […]

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Nevada Tesla Factory Is (Almost) Hacked after $1 Million Bribe by Russian Hackers

Sep 2, 2020 / Cybersecurity

Elon Musk, founder and CEO of electric car manufacturer Tesla, confirmed a ‘serious attack’ by Russian hackers to hack his company’s Nevada Gigafactory. Government officials determined that the Russian hacker approached a Tesla employee with a bribe for $1 million to install ransomware on Tesla’s network at the Nevada Gigafactory.  Plans for the attack began as early as 2016 and continued throughout 2020 until the FBI was notified by the Tesla employee […]

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Is Your Business Required to Safeguard Client Data?

Aug 31, 2020 / Bulletin

Many businesses are unaware that they are required by law to protect client data. These requirements have been implemented on a growing number of professions, including financial service professionals, attorneys, healthcare professionals, and more. If you provide professional services and store client data, it is likely that you are required to safeguard consumer information through concrete data security measures. This article will help you determine your business requirements as provided […]

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Vernon Litigation Group Investigates Catalyst Capital Advisors

Aug 25, 2020 / Blog

New York-based alternative asset management firm Catalyst Capital Advisors recently paid over $10.5 million in SEC fines for misleading investors about its risk parameters for one of its mutual funds. The Securities and Exchange Commission investigated Catalyst after the firm lost more than $700 million in just three months from December 2016 to February 2017. This loss represented nearly 20% of the fund’s total assets. According to SEC documents, the […]

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