Monthly Archives: <span>April 2022</span>

Judge OKs $83M for Property Loss in Florida Condo Collapse

People who owned units in a Florida oceanfront condominium building that collapsed last year will divide $83 million for property losses, with the compensation for families over the 98 deaths still to be determined, a judge ruled Wednesday. The money …

Severe Storms Pummel South Killing at Least 2 in Florida

A line of severe storms packing isolated tornadoes and high winds ripped across the Deep South overnight — killing at least two in the Florida Panhandle, toppling trees and power lines and leaving homes and businesses damaged as the vast …

Wildfire Near Smoky Mountains Prompts Mandatory Evacuations

SEVIERVILLE, Tenn. (AP) — Firefighters sought to get a handle Wednesday on a wildfire spreading near Great Smoky Mountains National Park in Tennessee, amid mandatory evacuations as winds whipped up ahead of a line of strong storms forecast to move …

Retired Cop Gets 3 Years for Work Comp Premium and Payroll Fraud

A retired San Jose Police officer was sentenced to three years in jail for cheating insurers and exploiting workers for his side security business, the Santa Clara County District Attorney’s Office said. Morgan Hill resident Robert Foster, 48, was convicted …

SEC Proposes Boosting Blank-Check Company Disclosures, Liability

WASHINGTON —Wall Street’s watchdog on Wednesday unveiled a draft new rule to enhance blank-check company investor disclosures and to strip them of a legal protection critics argue has allowed the shell companies to issue overly optimistic earnings projections. The move …