by Jason M. Gordon | Feb 23, 2025 | Business Transactions, Antitrust, & Securities Law
What is Insider Information?Insider information refers to a non-public facts regarding a publicly traded company’s conditions or plans which can provide financial benefits in a securities market.What Qualifies as Insider Information?Insider information refers to...
by Jason M. Gordon | Feb 23, 2025 | Legal Disputes - Civil & Criminal Law
What is Attractive Nuisance?Attractive nuisance refers to an item or a dangerous condition that exists on a property that is likely to attract children but has the potential of causing harm to them. An attractive nuisance may lead to expensive injuries that see the...
by Jason M. Gordon | Feb 23, 2025 | Business Entities, Corporate Governance & Ownership
What is an Audit Committee? An audit committee is a section of a company’s board of directors in charge of ensuring that there are transparency and accuracy in financial reporting and disclosure. It is regarded as one of the company’s major operating...
by Jason M. Gordon | Feb 23, 2025 | Business Entities, Corporate Governance & Ownership
What is Noncumulative Stock? Noncumulative is a term used to describe a type of preferred stock that permits the issuing firm not to pay dividends to its stockholders. It means that the stockholders have no right to claim any omitted or unpaid dividends. The opposite...
by Jason M. Gordon | Feb 23, 2025 | Real Estate, Personal, & Intellectual Property
What is a Settlement Statement? A settlement statement refers to a document given to borrowers disclosing all the fees and costs to do with a home purchase. The details may include original fees, interest paid, closing costs, and any other incurred during the loan...