Category: Business
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Lawyers call for stronger watchdog as state’s top financial regulator readies to step down
By Dan Christensen
BrowardBulldog.org
Florida’s top financial regulator will step down this summer and South Florida securities lawyers who say they’re seeing an ugly resurgence of boiler room stock fraud and bucket shop commodity swindles are calling on Gov. Rick Scott to name a replacement who will beef up state regulation. -
Water District’s watered-down rules let ex-chairman-turned-lobbyist dodge conflict law
By Dan Christensen
BrowardBulldog.org
When it comes to lobbying, the rules are different at the South Florida Water Management District. A loophole written into the Water District rules has opened a revolving door of influence that at least one former governing board member-turned-lobbyist has used to sidestep state conflict of interest rules. -
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Lobbyists, lawmakers hit jackpot as Mardi Gras Casino pays out big to shed greyhound racing
By Dan Christensen
BrowardBulldog.org
The owner of Hallandale Beach’s Mardis Gras Gaming has paid a squad of lobbyists hundreds of thousands of dollars to sew up passage of a bill that would let it shed its moribund dog-racing business, but keep its lucrative slot machines and poker games. -
Weston mom’s lawsuit alleging false advertising by Enfamil leads to $12 million settlement
By Donna Gehrke-White
BrowardBulldog.org
The manufacturer of Enfamil has agreed to pay up to $12 million to settle a class-action lawsuit after a Weston mom alleged in federal court that the pricey, but popular baby formula had falsely advertised that it contained nutrients not available in other products. -
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Loophole in law lets lobbyists dodge disclosure at South Florida Water Management District
By Dan Christensen
BrowardBulldog.org
The South Florida Water District uses a loophole in state law to avoid requiring lobbyists to register and disclose who hired them, which officials they seek to influence and how much they are being paid. -
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Cleared lawyer says regulators who failed to stop Madoff, Stanford sank his watchdog appointment
By Dan Christensen
BrowardBulldog.org
St. Petersburg securities lawyer Kevin Carreno says he was targeted to prevent his appointment as Florida’s top financial watchdog because he threatened to expose regulators for failing to uncover the multi-billion dollar Ponzi schemes of Bernard Madoff and Allen Stanford.
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