Frank Johnson | June 5, 2023 This article is reprinted with permission from Esq. Wealth Management, Inc. Comprehensive financial planning is a complex endeavor, and professionals such as lawyers and doctors are particularly susceptible to making mistakes in this domain. The demanding nature of their careers, coupled with unique factors related to their professions, can contribute to behavioral mistakes and biases that hinder their investment success. While many people believe they can handle their finances independently, without proper guidance or experience, they could be putting themselves at more risk…
In a significant ruling, on June 1, 2023, the United States Supreme Court has settled a long-standing dispute over the interpretation of a provision in the federal securities laws. The case, Pirani v. Slack Technologies, Inc., centered around the meaning of Section 11 of the Securities Act of 1933 (“the 1933 Act”) and its implications for investors seeking to recover losses due to false or misleading registration statements. Before this decision, the majority of lower federal courts held that liability under Section 11 of the 1933 Act attaches only…
Johnson Fistel is pleased to announce the addition of attorney Stephen Dolar to its San Diego office. Mr. Dolar’s practice focuses on complex litigation including shareholder derivative suits, securities class actions, consumer class actions, and employment civil rights actions for harassment and discrimination. “We are excited to have Stephen join our team in our California office. His experience and work ethic will help us serve the needs of our clients nationwide,” said Frank J. Johnson, the firm’s co-founding and managing partner. Mr. Dolar has experience in all phases of…
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