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Recent changes
Fund II Consent Order and $2,500 Penalty
The New Hampshire Bureau of Securities Regulation has issued a consent order against Fund II, a series of Cambrian VC, LP, for late notice filing of securities sales. Fund II has agreed to pay a $2,500 penalty and cease and desist from further violations.
Austen Access Fund Ordered to Cease and Pay $2,500 Penalty
The New Hampshire Bureau of Securities Regulation has issued a consent order against Austen Access Fund, LP. The fund is ordered to cease and desist from further violations and pay a $2,500 penalty for filing a notice of exemption more than one year after its first sale of securities in the state.
NH Consent Order: Redwood Private Wealth, LLC and Thomas Space - Unsuitable Options Trades
The New Hampshire Bureau of Securities Regulation has issued a consent order against Redwood Private Wealth, LLC and Thomas Space for unsuitable options trades that resulted in an $81,426 loss for a client. The order settles the matter without admission of guilt and includes sanctions.
Moloney Securities Co. Consent Order for GWG L Bond Sales
The New Hampshire Bureau of Securities Regulation has issued a consent order against Moloney Securities Co., Inc., Glenn Cray, and Robert Gustafson regarding the sale of GWG L Bonds. The respondents have agreed to pay $100,000 in restitution to affected investors.
TX PUC Appoints Temporary Manager for Blue Cereus Water Utility
The Public Utility Commission of Texas (PUCT) appointed a temporary manager for Blue Cereus LLC, a water utility in Val Verde County, to ensure continuous service. This action was taken due to Blue Cereus' failure to secure water purchase contracts and resolve disputes with its wholesale providers, who threatened to shut off service.
PUCT Publishes Monthly Transmission and Distribution Rates for Consumers
The Public Utility Commission of Texas (PUCT) has launched a new webpage to publish authorized monthly transmission and distribution utility (TDU) rates for consumers. This initiative, mandated by Senate Bill 1664, aims to increase transparency and assist consumers in understanding their electricity bills and shopping for competitive plans.
John Hymes and Cuzan Services, LLC v. Frederick Evans Schmidt and Koch and Schmidt, LLC
The Louisiana Court of Appeal affirmed a trial court's decision to maintain a peremptory exception of peremption. This ruling dismissed claims brought by John Hymes and Cuzan Services, LLC against Frederick Evans Schmidt and Koch and Schmidt, LLC. The case involves allegations of legal malpractice.
Nelson-Lloyd v. Auto Club Mapfre Insurance Company - Civil Case
The U.S. District Court for the Eastern District of Washington issued an order addressing multiple motions in the civil case Wendy Nelson-Lloyd and Christopher Lloyd v. Auto Club Mapfre Insurance Company. The order covers motions to compel, a motion to extend pretrial deadlines, and a motion for reconsideration.
Progressive Insurance v. Sunde and Stein - Summary Judgment Ruling
The U.S. District Court for the Eastern District of Washington issued an order in the lawsuit Progressive Direct Insurance Company and Progressive Casualty Insurance Company v. Leif Sunde, Christopher Stein, and Malinda Stein. The court denied the defendant Leif Sunde's motions for an extension of time and granted the plaintiffs' motion for summary judgment.
OSHA Safety Champions Program Launched
The U.S. Department of Labor's OSHA has launched the new Safety Champions Program to help employers develop and implement effective workplace safety and health programs. This voluntary initiative offers a tiered structure to guide businesses in improving their safety practices.
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