Federal

Federal Judge Enters Judgment in Favor of Developer of Coachillin Business Park; Rejects Parcel Owner's Baseless Claims

Retrieved on: 
Friday, February 16, 2024

Federal Judge Enters Judgment in Favor of Developer of Coachillin Business Park; Rejects Parcel Owner's Baseless Claims

Key Points: 
  • Federal Judge Enters Judgment in Favor of Developer of Coachillin Business Park; Rejects Parcel Owner's Baseless Claims
    In a complete reversal from their initial allegations, the parcel owner agreed that the assessments, late charges, interest, and collection costs were all levied properly and consistent with the development's CC&Rs and that the assessments were all fair and reasonable.
  • In addition to the Federal court judgment, three other parcel owners entered into a settlement with the Coachillin parties.
  • Although confidential, the settlement will allow the business park to get back on its feet and move forward.
  • According to Kenneth Dickerson, managing member of the developer, "This judgment by a Federal judge is a recognition that the parcel owner's claims had zero merit.

Trust Stamp listed by the Federal Reserve for combating synthetic identity fraud

Retrieved on: 
Friday, February 16, 2024

Atlanta, Georgia, Feb. 16, 2024 (GLOBE NEWSWIRE) -- Trust Stamp (Nasdaq: IDAI), the Privacy-First Identity CompanyTM, providing AI-powered trust and identity services to global customers in both the governmental and private sectors has been listed by the Federal Reserve as a Fraud Mitigation Service Provider in the context of synthetic identity fraud having participated in a call for participation in September 2022.

Key Points: 
  • Atlanta, Georgia, Feb. 16, 2024 (GLOBE NEWSWIRE) -- Trust Stamp (Nasdaq: IDAI), the Privacy-First Identity CompanyTM, providing AI-powered trust and identity services to global customers in both the governmental and private sectors has been listed by the Federal Reserve as a Fraud Mitigation Service Provider in the context of synthetic identity fraud having participated in a call for participation in September 2022.
  • Andrew Gowasack, President of Trust Stamp commented: “We work with close to fifty US banks and are currently participating in the ICBA ThinkTECH Accelerator; therefore, synthetic identity fraud is of critical importance to our clients.
  • As we highlighted in a release earlier today addressing the potential for our technology to combat the threat that many third-party device-based biometric solutions face from Trojans, our AI-powered solutions are at the cutting edge of combating the ever-evolving cybercrime threat.”

FINRA Announces Three New Governors on Its Board

Retrieved on: 
Friday, February 16, 2024

FINRA announced today that Derrick Roman, former partner of PricewaterhouseCoopers LLP (PwC), and Gus Sauter, current member of FINRA’s Investment Committee , have been appointed as public governors on its Board of Governors .

Key Points: 
  • FINRA announced today that Derrick Roman, former partner of PricewaterhouseCoopers LLP (PwC), and Gus Sauter, current member of FINRA’s Investment Committee , have been appointed as public governors on its Board of Governors .
  • Together, these individuals bring extensive audit, risk management, regulatory policy and investing experience to the Board.
  • View the full release here: https://www.businesswire.com/news/home/20240216351276/en/
    “I am delighted to welcome Derrick, Gus and Naureen as the Board’s newest governors,” said FINRA Board Chair Eric Noll .
  • His other board affiliations include CommScope Holdings; WEX, Inc. and NABA Inc. (the National Association of Black Accountants).

Glen Burnie Bancorp Announces Fourth Quarter And Full Year 2023 Results

Retrieved on: 
Friday, February 16, 2024

I am proud of the results and profitability the team was able to achieve in 2023.

Key Points: 
  • I am proud of the results and profitability the team was able to achieve in 2023.
  • I want to thank all of the Glen Burnie Bancorp associates for their incredible contributions and unwavering customer support during this uncertain period."
  • The cost of funds was 0.64% for the quarter ended December 31, 2023, compared to 0.13% for the quarter ended December 31, 2022.
  • Glen Burnie Bancorp is a bank holding company headquartered in Glen Burnie, Maryland.

Housing Market Activity Lost Steam in January as Mortgage Rates Stopped Falling and Prices Kept Rising

Retrieved on: 
Friday, February 16, 2024

They were up 2.7% from a year earlier, but that marks a deceleration from December’s 4.2% gain.

Key Points: 
  • They were up 2.7% from a year earlier, but that marks a deceleration from December’s 4.2% gain.
  • Pending home sales also lost momentum in January, rising 1.1% from a month earlier on a seasonally adjusted basis—a marked slowdown from December’s 5.1% jump.
  • Still, pending sales were at the highest level since September 2022 and rose 8.8% from a year earlier.
  • Stagnant mortgage rates are the main culprit that took the gas off the housing market pedal last month.

After Revelations of Government Snooping into Banking Transactions, Old Glory Bank Publishes its Banking Bill of Rights

Retrieved on: 
Friday, February 16, 2024

Today, Old Glory Bank published its Banking Bill of Rights– a set of five fundamental banking principles on which every American can rely.

Key Points: 
  • Today, Old Glory Bank published its Banking Bill of Rights– a set of five fundamental banking principles on which every American can rely.
  • The Banking Bill of Rights is a direct response to revelations by the Congressional Committee on government overreach that the Department of Treasury was urging banks to flag transactions such as Bible purchases as potential “extremist” indicators.
  • “Our Banking Bill of Rights represents five principles to protect Americans who bank with Old Glory Bank.
  • We’ve always had these five principles at Old Glory Bank and now they are clearly stated in our Banking Bill of Rights.”
    “If your bank doesn’t affirm these same five principles, then it’s time to come to Old Glory Bank,” Elder adds.

Asia Pacific Law Firm Hourly Rate Report 2024: Average Hourly Rates for AMLAW 100, Magic Circle and Silver Circle Firms - ResearchAndMarkets.com

Retrieved on: 
Friday, February 16, 2024

The publisher researches, reviews, and analyzes hourly rates that are publicly disclosed of attorneys and support staff at currently 2,500 law firms representing over 20,000 companies.

Key Points: 
  • The publisher researches, reviews, and analyzes hourly rates that are publicly disclosed of attorneys and support staff at currently 2,500 law firms representing over 20,000 companies.
  • Secondary public records research is performed to complete detailed engagement profiles of the attorneys and companies involved.
  • In the Valeo Attorney Hourly Rates and LPM Pricing Platform, all hourly rates, hours, and fees for each individual attorney are cited as to the source.
  • The practice of law is global and although most hourly rate data is from public sources in the United States, the publisher captures hourly rates for attorneys in 62 countries and denominated in 11 currencies.

Streaming Video Technology Alliance Convenes in Denver for First Quarterly Member Meeting of 2024

Retrieved on: 
Thursday, February 15, 2024

The Streaming Video Technology Alliance (SVTA), a global technical association developing solutions to address critical technical challenges in delivering a high-quality video experience at scale, convenes its Q1 Member Meeting today at the Denver Marriott Tech Center.

Key Points: 
  • The Streaming Video Technology Alliance (SVTA), a global technical association developing solutions to address critical technical challenges in delivering a high-quality video experience at scale, convenes its Q1 Member Meeting today at the Denver Marriott Tech Center.
  • We have many exciting projects, documents, and code coming out this year.”
    Part of Streaming Tech Week, this member meeting falls directly after the SVTA SEGMENTS conference and Mile High Video.
  • The two-day meeting is a cap on a week of deep technical and operational discussions all working towards making high-quality streaming video work better at scale.
  • The SVTA includes member companies from around the world and throughout the streaming video ecosystem.

First Trust Energy Infrastructure Fund Issues Notice Regarding February 2024 Distribution

Retrieved on: 
Thursday, February 15, 2024

A return of capital distribution does not necessarily reflect the Fund's investment performance and should not be confused with "yield" or "income."

Key Points: 
  • A return of capital distribution does not necessarily reflect the Fund's investment performance and should not be confused with "yield" or "income."
  • The amounts and sources of distributions reported in this Notice are only estimates and are not being provided for tax reporting purposes.
  • First Trust Advisors L.P. ("FTA") is a federally registered investment advisor and serves as the Fund's investment advisor.
  • FTP is also a distributor of mutual fund shares and exchange-traded fund creation units.