Corporations that sell stock shares to the public market are regulated by various securities laws. These laws are designed to keep companies responsible for the interests of the shareholders who are part owners of the companies they invest in through purchasing stocks. However, if a company ends up breaking some of these rules, it could find itself facing a securities litigation lawsuit in Michigan or in any other state.
Wearable technology is one of the newest market trends that can be seen in the popularity of products such as Google glass. Many companies in Michigan and elsewhere have become profitable by offering wearable technology products to consumers. However, there are still some risks associated with this particular sector. One of these is the possibility of business litigation lawsuits resulting from defective products.
Believe it or not, the weather plays a large part in many markets. This is definitely the case with the energy industry in Michigan or in any other state. One energy company is finding this out following a recent spate of cold weather in its area. This caused energy bills for consumers to increase, which has prompted consumers to file a business litigation lawsuit against the energy company.
Privacy is important to most Americans. This has become a pivotal issue in American society in the midst of the rise of the NSA and the Edward Snowden scandal. Now, Google is being accused of invading the privacy of its users, including many people in Michigan. The company is now facing a business litigation lawsuit that may become a class-action lawsuit.
In general, the free market means that companies are allowed to do business with who they want with as minimal restrictions as possible. This is meant to spur competition which will result in increased overall efficiency and productivity in Michigan or in any other market. However, there are times when actions taken by a company can be considered too anti-competitive and therefore a monopoly. Trader Joe's is now facing a commercial litigation lawsuit alleging it is conducting monopolistic practices.
Business is not conducted in a vacuum. Decisions a business owner makes will affect many others in the marketplace as well as the local community. However, even the most well-meaning company can find itself being accused of negatively affecting individuals in its surrounding local community, which many times can lead to business litigation lawsuits. One company in Michigan recently faced this challenge in a civil lawsuit.
It is important for a retail business to protect itself from theft, since theft has the potential to drastically cut into profit margins. Unfortunately, customers are not always who a retailer should be worried about. Employees are oftentimes found guilty of theft of company property. One retailer in Michigan recently fired an employee for theft and then found itself facing a business litigation lawsuit alleging wrongful termination.
It is essential for a business to maintain the safety of its work environment for its employees as well as its customers. This can be particularly important for a fast food business in Michigan or any other state. These businesses can be sued by those who are injured by negligent acts of a company's staff even if the owners of the business did not personally do anything wrong. McDonald's seems to be experiencing this in a recent commercial litigation case filed by a customer.
Many times when running a business one may decide to hire managers or supervisors in order to help manage the business operations. This can make a company more efficient and productive and therefore more profitable. However, this can also leave the company exposed to risk of business litigation lawsuits resulting from the mistreatment of employees by managers and supervisors. This is what seems to have recently happened to Mary Free Bed Rehabilitation Hospital in Michigan.
Many times when a person is working for a company, he or she is required to agree to certain terms of employment. This often includes a non-compete clause that bars the worker from obtaining employment with a competing firm within a certain period after ending his or her employment with the current company. If a Michigan worker does not comply with these terms, it could lead to a breach of contract lawsuit.