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Roessing Exam 4 LEGL 2700 Court Cases fully solved & verified for accuracy 2025
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Roessing Exam 4 LEGL 2700 Court Cases fully solved & verified for accuracy 2025
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Roessing Exam 4 LEGL 2700 CourtCases fully solved & verified for
accuracy 2025(GUARANTEED
SUCCESS).
Alli v. US (2008) - answer Veil-Piercing Case: pierced corporate veil
for co-mingled funds. Dr. Alli sued the US department of Housing for
failure to pay housing assistance for residents of three apartment
complexes. They owned these complexes and it was found that they
were not treating the corporation as a separate entity. They also
failed to adhere to obligations to keep the properties in decent and
safe conditions.
Burwell v. Hobby Lobby (2014) - answer Allowed closely-held, for-
profit corporations to be exempt from a law its owners religiously
object to if there is a less restrictive means of furthering the law's
interest.
Marchand v. Barnhill (2019) - answer Derivative Lawsuit: brought by
minority shareholders. Complaint that management at Blue Bell
turns a blind eye to the red flags given by regulators. The court
determined Blue Bell did not do enough to ensure the safety of its
products.
Francis V. Lorenzo v. Securities and Exchange Commission (2019) -
answer Lorenzo sent emails to potential investors containing
information about the value of Waste2Energy that he knew was
inaccurate. The intellectual property of the company did not work,
and was not worth $10 million as the email had suggested. The
email also did not include the disclosure of less than $400k in
assets. Although Lorenzo's boss created the emails, Lorenzo sent
them, which spread misinformation. He therefore is liable since he
knowingly disseminated false information to potential investors.
This expanded on the SEC's enforcement powers.
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