Financial Services Law Alerts

ZPP is proud to represent business consultant AD Sims LLC, along with our colleagues Ben Meiselas and Michael Adler,  in a class action case filed last week in Chicago federal court against Bank of America and other banks for failure to pay  the required borrower’s agent fees under the Federal PPP and CARES Act. 

In the last week of June 2019, the D.C. Circuit upheld “on the merits” FINRA’s long-standing but frequently criticized pay-to-play, “2-year time out” rule adopted to lessen the impact of political contributions in awarding business in the securities field, finding it constitutional. Click here for the opinion. Under the rule (2030), FINRA members are prohibited