This article is reprinted with permission from Esq. Wealth Management, Inc. When the markets get jittery, smart money often looks for shelter—not in the form of burying cash under the mattress, but in shifting strategy toward assets that can grow quietly and predictably, without the gut-wrenching volatility. Enter annuities. Once considered sleepy vehicles for conservative…
In re RenovaCare Derivative Litigation, Case No. 2:21-cv-20569 (D.N.J.). Johnson Fistel, as co-lead counsel in a shareholder derivative action pending in the U.S. District Court for the District of New Jersey, alongside counsel in related actions pending in Arizona and Nevada, on behalf of RenovaCare, Inc. (“RenovaCare” or the “Company”), helped RenovaCare negotiate a settlement…
This article is reprinted with permission from Esq. Wealth Management, Inc. When does a tax strategy become a federal crime? A recent case out of Mississippi provides a crystal-clear answer—and a cautionary tale for advisors and clients alike. On May 14, 2025, the Department of Justice announced that Stephen T. Mellinger III, a financial advisor from…
The U.S. Court of Appeals for the Second Circuit recently reversed a lower court’s summary judgment ruling in Knox v. CRC Management Co., LLC, reinstating a former laundromat employee’s employment discrimination claims. The plaintiff, Natasha Knox, who is of Jamaican descent, alleged that she was terminated under discriminatory and retaliatory circumstances after experiencing derogatory remarks,…
This article is reprinted with permission from Esq. Wealth Management, Inc. A client recently told me, “Every time I see the market drop 1,000 points, it feels like I’m watching money evaporate in real time. I know I shouldn’t panic—but I do.” He’s not alone. Emotional reactions to market headlines are entirely human—but often financially…
In a move that underscores the complexities and evolving landscape of securities litigation, at the end of 2024, the United States Supreme Court “DIG’d” out two closely watched securities fraud cases, Facebook[i] and Nvidia[ii], brought under the Private Securities Litigation Reform Act of 1995[iii] (the “PSLRA”) and decided by the Ninth Circuit Court of Appeals. …
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 2025 after consulting with “Martindale-Hubbell®, the company that has long set…
This article is reprinted with permission from Esq. Wealth Management, Inc. When markets disconnect from fundamentals, they occasionally present investors with short-lived opportunities to act decisively. Such a moment appears to be upon us in the municipal bond market. What’s Happening? Municipal bonds (“munis”) are currently trading at yields that are abnormally high compared to…
This article is reprinted with permission from Esq. Wealth Management, Inc. The recent headlines proclaim, “U.S. economy contracts for the first time in three years,” sparking concerns about a potential recession. However, a deeper analysis reveals a more nuanced picture of the nation’s economic health. The Headline Figures According to the Bureau of Economic Analysis…