More often than not, California business men and women make investments based on sound research and trust. However, it is not unheard of for even the savviest of investors to fall for investment fraud. If you fall victim of an investment scam, you stand to lose hundreds of thousands to millions of dollars, which is why it is imperative that you know the signs of fraud so that you can avoid it.
As a California business owner, you are probably already aware that a contract may be enforceable even when it is not written down, but by making a thoughtless or ill-conceived statement or promise, could you unwittingly be entering into a contract?
One of the most critical aspects of any business relationship is a contract that clarifies the nature of the relationship, who is responsible for what and under what conditions the agreement may be voided. For many companies in California, articulating the details of such transactions is critical in protecting the relationship, as well as keeping confidential information about intellectual assets private and secure.
One of the primary responsibilities that companies in Newport Beach have is to protect their clients' transaction-related information. Businesses invest billions in cybersecurity to ensure that this happens. Yet even with all of the security technology available today, data breaches still happen. How a company handles such a breach may determine what sort of liability issues it may face. Claims over data losses often come from individual clients. Depending on the size of a security breach, however, action can come from state or federal authorities.
When the value of a California company is put at risk by a CEO or other individual in authority committing a crime, shareholders can take action. If you believe that the breach of duty has resulted in harming the corporation, you can assert your rights as a shareholder. There are a couple of ways stockholder relief can be found, one of which is filing a derivative action.
Your company can establish a trademark by use or legally register it in California to represent your business or a particular product. It can be a word, phrase or symbol. When an original trademarked item and other, very similar service marks are used by multiple entities, it causes consumer confusion and is deemed trademark infringement. At Daily Law Group, we often represent clients whose inadvertent use of a trademarked item results in a lawsuit.
Business owners in California may think of competitors or employees when it comes to discussions of litigation, but in truth, the federal government may get involved if there are legal complaints. The Federal Trade Commission's mission is to protect consumers.
Your company's name will be a part of your brand, and you hope that one day it will be known throughout California, across the United States and even around the world. To garner that kind of attention, though, you need to ensure that your claim to the name is ironclad. Otherwise, you could end up in a tradename dispute.
Our law firm recognizes that business owners in various fields face many challenges. Sometimes, these hardships may involve staff members, such as sexual harassment allegations as we have discussed on our blog. In other cases, customers may be involved or a business owner may have questions about taking their company global. However, problems can also arise with respect to business partners, and this can be especially tough for those who own major corporations, small family-run businesses, or any type of company. Unfortunately, disputes that arise involving business partners can have a wide range of ramifications if they are not dealt with appropriately.
A business may be taken to court for a myriad of reasons and many have been examined on our blog. However, those which involve employee rights can be especially complicated for a business owner to work through due to a number of factors. For example, the outcome of such a case could have an impact on other workers and the entire company. Moreover, key relationships can be adversely impacted by allegations of wage violations and business litigation. In some instances, these cases are handled outside of court, but some employees who believe they have been subjected to any number of wage violations may decide to pursue their case in court.