The Struggles Of Change

Bruce Levenson is the former principal member of Atlanta Hawks Basketball and Entertainment. The group owned the Atlanta Hawks of the National Basketball Association before approving the sale of the team to Tony Ressler. Levenson and his business partners faced several challenges in transitioning the ownership of the team to the new management group. The previous owners were seeking a significant price for the basketball organization. There was also internal matters that took attention away from the business that needed to be conducted.

Danny Ferry was the general manager of the team during this period of Time. Ferry was relieved of his duties and accused the team of wrongful termination. The actions of the former general manager forced Levenson and his business partners to get involved with a legal settlement in order to resolve the matter. An agreement was eventually reached and the owners were able to move forward with the process of selling the team.

Levenson entered the legal process with Danny Ferry believing that his expenses were covered by an insurance policy held with AIG. AIG did not participate in any of the negotiations involving the team’s former general manager. The insurance company also did not acknowledge that the insurance policy was triggered by any of the actions related to the process. Levenson decided to sue AIG. He claimed breach of contract and insisted that the insurance company acted in bad faith. Bruce Levenson and AHBE are seeking to recoup money spent on the legal expenses that were exhausted in the difficult case with the former general manager. The payout costs the former ownership group a significant amount.

The lawsuit took place outside of the business dealings of selling the team. Tony Ressler and the new ownership group are not implicated in any of the legal accusations brought by the previous owners. This article can be sourced from Wikipedia.

Read more: http://www.espn.com/nba/story/_/id/11493472/jason-whitlock-bruce-levenson-atlanta-hawks

 


SEC: A Reputable Resource for Whistleblowers Everywhere

Run by Jordan A Thomas, the SEC Whistleblower program has been serving the community for almost 50 years. Having a compelling track record, SEC has been recovering billions of dollars and ensuring that the financial market does and continues to operate with fairness, transparency, and accountability where it is due. Their Whistleblower Representation Practice has advocated for the courageous individuals that report potential violations of security even when there is personal or professional risks involved.

SEC Whistleblower Advocate was the very first to create a practice specifically focused in advocating and protecting individuals who have reported violations of laws regarding federal security. This focus, they claim, helps them to better utilize their expertise, experience, and resources in order to provide the best results for their clients.

Their clients are often corporate insiders who may have a lot to lose. They also serve other whistleblowers that are able to prove that a significant violation of security has occurred. SEC invests much of their time and resources to assisting these people to come up with the best course of action. When evaluating each case, SEC considers the significance of the violation, the clients’ end goal or goals, the risks involved with the case, the potential rewards of each case, and disclosure strategies that will help in minimizing the potential risk of retaliation as well as maximizing any potential reward.

SEC emphasizes that they are in it for the long run. They are dedicated to justice, helping whistleblowers through the entire legal process with utmost compassion for their particular situation.

The SEC Whistleblower Advocates have earned accolades for their successes in some of the most important and complex federal security cases is recent history. They have won decisions that have set precedents and billions of dollars in recoveries. They continue to settle cases against major economic companies that include Morgan Stanley, Fannie May, Bear Stearns, and Goldman Sachs.

In addition, they have recovered billions of dollars that have contributed to corporate governance reforms. They have helped in re-shaping how various organizations operate.

SEC Whistleblower Advocates are a team of lawyers that dedicate themselves to getting justice for those effected by federal security violations.