The charitable remainder trust (CRT) is a useful tool to generate a stream of income for a term of years or for life for yourself or others while helping you recognize a tax deduction. A CRT involves giving a gift of cash, appreciated assets, or other property to an irrevocable trust which pays a stream…
1. Where were you born and what makes that city special? I was born in Brooklyn, New York, which is a diverse city both in terms of race and religion. Because of this diversity, Brooklyn is home to amazing music, art, and food. We moved out of Brooklyn when I was just a toddler, to…
On June 9, 2022, The Hon. Mark H. Cohen granted final approval of a shareholder derivative settlement which resolved consolidated shareholder lawsuits pending in the United States District Court for the Northern District of Georgia as well as a related shareholder lawsuit pending in Georgia superior court. Johnson Fistel, court-appointed lead counsel, negotiated the settlement…
On June 16, 2022, the San Diego Superior Court granted final approval of a consumer class action settlement resolving allegations that Massage Heights’ membership agreements with thousands of its California members caused them to forfeit prepaid massage services upon membership termination in violation of California law. Johnson Fistel, court-appointed class counsel, negotiated the settlement following…
On June 15, 2022, the United States Supreme Court issued an 8-1 opinion in the highly anticipated in Viking River Cruises, Inc. v. Moriana, addressing whether the Federal Arbitration Act (FAA) preempts California law prohibiting mandatory arbitration of claims brought under California’s Private Attorneys General Act of 2004 (PAGA). Justice Thomas was the sole dissenter.…
On June 2, 2022, a Los Angeles County jury awarded $440 million dollars in punitive damages to two men who claimed they were forced to quit their jobs at Southern California Edison (“SCE”) due to retaliation for reporting sexual and racial harassment. Attorneys for the men have stated that this is the largest victory for…
Frank J. Johnson, Managing Partner of Johnson Fistel, LLP, has been recognized once again by San Diego Magazine as one of the Top Lawyers in San Diego. As in prior years, the magazine created a list of the Top Lawyers in San Diego for 2022 after consulting with “Martindale-Hubbell®, the company that has long set…
For the 6th consecutive year, Johnson Fistel has been recognized in The Top 50 list. Compiled by ISS Securities Class Action Services, the Top 50 list ranks law firms by the dollar value of recoveries they obtained in the previous year in securities class actions while serving as lead or co-lead counsel. Johnson Fistel recovered…