#fiduciary-duty

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fromwww.housingwire.com
3 days ago

Why communication failures can cost real estate agents

In this case, a transaction became complicated when multiple buyer's agents and a listing agent miscommunicated about compensation. Somewhere between the initial outreach, the offer, and the documentation, key information about commission expectations went missing. The breakdown didn't just cause frustration. It exposed a deeper issue that every agent must face head-on: How do we maintain fiduciary duty when others in the transaction don't follow proper protocol?
Real estate
fromwww.housingwire.com
3 days ago

Zillow faces lawsuit alleging illegal kickbacks in mortgage business

According to the complaint, Zillow pressures agents in its Premier Agent and Flex lead programs to steer buyers to Zillow Home Loans for their purchase mortgage pre-approval. Allegedly, agents who sent more clients to Zillow's mortgage arm for their pre-approvals received extra or higher-quality leads in exchange. If agents in the Flex program fail to send a sufficient number of leads to ZHL for pre-approval, they risk being removed from the program.
Real estate
Business
fromwww.npr.org
4 weeks ago

How much can Tesla pay Elon Musk? Delaware's Supreme Court will decide

Elon Musk's 2018 Tesla equity award could exceed $100 billion and faces a shareholder lawsuit alleging conflicted board decision-making and inadequate disclosure.
#corporate-governance
Media industry
fromAxios
1 month ago

Disney investors argue Kimmel's suspension hurt profits, demand investigation

Investors and press-rights lawyers demand Disney disclose internal records after ABC suspended Jimmy Kimmel Live!, alleging the suspension responded to political pressure and harmed shareholders.
Television
fromFast Company
1 month ago

Disney investors blast Kimmel suspension as politics over profit

Investor groups demanded Disney disclose internal documents about Jimmy Kimmel's suspension, alleging possible political influence and breaches of fiduciary duty.
#real-estate
Law
fromAbove the Law
1 month ago

'Anti-Woke' Startup Suing Biglaw Firm Because Why The Hell Not - Above the Law

GloriFi's trustee sued Winston & Strawn for $1.7 billion alleging malpractice and fiduciary breaches that contributed to nearly $2 billion in lost enterprise value.
Law
fromAbove the Law
1 month ago

Biglaw Firm Accused Of Raiding Employee Retirement Funds - Above the Law

Husch Blackwell faces a proposed class action alleging it withheld employee 401(k) contributions and used them for firm operating expenses, violating ERISA.
fromFast Company
2 months ago

Why Gen X investors should keep crypto out of their 401(k) plans

Crypto might seem like a perfect opportunity for Gen X investors. This generation has the kind of tech savvy that comes from learning to use new digital tools as they're invented, making them much more likely to understand and appropriately invest in cryptocurrency. The timing also feels ideal, since Gen X retirements are on the horizon, and crypto enthusiasts promise this investment can provide quick financial boosts.
US politics
US politics
fromFortune
3 months ago

Jimmy Buffett's widow accuses late musician's financial advisor of mishandling his $275 million estate

Jane Buffett is seeking to remove Richard Mozenter as overseer of Jimmy Buffett's estate due to alleged mismanagement.
fromNon Profit News | Nonprofit Quarterly
3 months ago

How Changing Mindsets Can Change the Economy - Non Profit News | Nonprofit Quarterly

Capital carries memory. If our relationships with money are complex and connected to our emotional state, then fiduciary duty for impact must measure more than basis points.
Fundraising
UK politics
fromBusiness Matters
6 months ago

Rachel Reeves won't rule out pension fund mandates as tensions rise over Mansion House accord

Chancellor Rachel Reeves suggests possibility of mandating UK pension funds to invest domestically if voluntary commitments do not meet expectations.
Business intelligence
fromMedCity News
6 months ago

7 Things Employers Should Be Doing to Fulfill Their Fiduciary Duty - MedCity News

Analyzing medical claims data is crucial for employers to fulfill fiduciary duties and manage employee benefits effectively.
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