Jan 20
When it comes to damage calculations, the term “speculative” is effectively a death sentence. In order to provide evidentiary value, a damage calculation must be to a reasonable degree of certainty. In Carter v. Clements Walker PLLC, et al. (“CW”), the Court found that despite an expert opinion that Carter suffered $33 million in damages, …
Permanent link to this article: https://betweenthenumbers.net/2014/01/speculative-damages-lead-to-summary-judgment/
Jan 17
The definition of a whistleblower and the criteria for reliance on associated protections has been the subject of a number of recent cases. In these matters, the reporting method has been the determining factor in whether and what protections are available. A case heard by the First Circuit U.S. Court of Appeals had provided an …
Permanent link to this article: https://betweenthenumbers.net/2014/01/when-is-a-whistleblower-not-a-whistleblower/
Jan 14
As 2013 has come to an end, we all must start gathering our 2013 tax records to start preparing for the dreaded tax man. Do you ever wonder how many returns or how much money the IRS collects? Or how many audits are conducted? In the 2012 IRS Data Book, released by the IRS, contains …
Permanent link to this article: https://betweenthenumbers.net/2014/01/interesting-irs-facts/
Jan 13
Last year was phenomenal for investors in the stock market. The S&P 500, for example, generated total returns exceeding 26%, the highest annual return recorded since the tech bubble of the mid/late 1990s. These positive returns likely had investors in a positive mood going into the holidays, which might explain why returns during the “Holiday …
Permanent link to this article: https://betweenthenumbers.net/2014/01/is-the-stock-market-usually-more-generous-during-the-holidays/
Jan 09
A recent story in the Los Angeles Times describes how DWP Union Chief Brian D’Arcy did not attend a scheduled meeting with auditors trying to investigate the spending of over $40 million in ratepayer money by two nonprofits he co-manages. The Joint Training Institute and the Joint Safety Institute were established to foster better relations between managers …
Permanent link to this article: https://betweenthenumbers.net/2014/01/dwp-union-chief-avoids-meeting-with-auditors/
Jan 08
The final touches are being put on the new single, principles-based standard that will update and converge revenue recognition under the Financial Accounting Standards Board (“FASB”) and the International Accounting Standards Board. The change will impact entities that use US generally accepted accounting principles (“GAAP”) or International Financial Reporting Standards (“IFRS”). The new principles-based approach indicates …
Permanent link to this article: https://betweenthenumbers.net/2014/01/new-standard-for-revenue-recognition-is-coming/
Jan 07
In the course of affirming the district court’s decision in Kraft Foods Group Brands LLC v. Cracker Barrel Old Country Store, Inc., 2013 WL 6017396, Judge Posner went a step further. While upholding the injunction, he ended his assessment with some comments “for future reference” when it comes to consumer surveys offered to demonstrate consumer confusion …
Permanent link to this article: https://betweenthenumbers.net/2014/01/addressing-judicial-concerns-about-consumer-surveys/
Permanent link to this article: https://betweenthenumbers.net/2014/01/tis-the-season-to-pirate-new-christmas-movies/
Jan 03
The Occupational Safety and Health Administration (OSHA)’s Whistleblower Protection Program is now accepting whistleblower complaints filed online. The online form can be completed electronically or downloaded and submitted by fax, mail or hand-delivery to a regional office. The form asks basic information of the employee, including: Contact information; Bargaining unit representative information; Employer and supervisor information; and …
Permanent link to this article: https://betweenthenumbers.net/2014/01/new-method-for-submitting-osha-whistleblower-complaints/
Jan 02
According to a recent survey conducted by Accountemps, it is Tuesday. Thirty-Nine percent of the Human Resources managers interviewed ranked Tuesday as the most productive day of the week. The survey was conducted by an independant research firm, with over 300 U.S. Human Resources managers being interviewed at companies with over 20 employees. How did …
Permanent link to this article: https://betweenthenumbers.net/2014/01/most-productive-day-of-the-week/
Jan 06
‘Twas the Season to Pirate New Christmas Movies
January 6, 2014
When it came to satisfying their craving for Christmas movies, many people took to the internet in 2013 to pirate their favorite seasonal films. The rate by which these movies were downloaded provides one measure of the relative popularity of various Christmas titles. According to recently reported data, which records download counts of 33 pre-selected …
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