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Posts tagged "economic loss"

Intentions can determine if an interference is improper

Competition is a key element of business in Florida. In fact, for some, competition may be the most compelling part of owning and running a business. It is perfectly appropriate to strategize a way to gain an advantage in the marketplace. However, there are legal boundaries and if someone oversteps these boundaries, he or she may have committed an act of tortious interference.

How do I know if I am being defamed by competitor?s add?

Successful businesses are built by hard work. It is also important to secure and maintain customer patronage. When you have played by the rules, you have every reason to expect you can achieve your goals in the marketplace. But your opportunities can be unfairly diminished if a competitor chooses to undermine your efforts by defaming you or your company. One way competitors may attempt to interfere with your business is by putting false or libelous claims in their advertising.But what could constitute unfair advertising? It is perfectly acceptable for one company to mention another company in its advertising. But whatever statements are made must be factually accurate. For instance, let's say that you are a Realtor who handles properties strictly in Miami-Dade County. If your competitor sells homes in Miami-Dade plus other counties, it is permissible for them to point out this contrast in their advertisements.However, the competitor cannot cast aspersions on your business by claiming that you and your sales staff engage in deceptive or high pressure sales tactics. If you become the target of such malicious claims, you may have grounds for a lawsuit based on federal or state laws.It is imperative that you maintain your good name if you want your business to remain competitive. You simply cannot afford to allow a competitor to besmirch your enterprise by making false claims in advertising. You could suffer a profound economic loss should the reputation of your company be badly and unfairly damaged.

Federal indictment outlines couple?s alleged bank fraud

Things are changing so rapidly in our ever advancing society that at times it may feel like we have collectively left all semblance of our heritage securely in the past. But then an incident occurs that reminds us that in spite of all the cosmetic changes in our Miami landscape, there is truly very little that is new under the Florida sun.

Three caught allegedly embezzling from company

Businesses in Florida can well expect adversarial conduct from rivals. In some cases, competition can become so heated that laws or regulations are violated in the name of getting ahead. While this behavior is not pleasant to try and counter, it is not that surprising. What can be surprising and downright saddening is when a business discovers that they are victims of tortious interference not from an outside competitor, but rather from an in-house employee.

Can online reviews be considered defamation?

Running a business in Florida is a rewarding endeavor, but it comes with its own set of perils. You’ve got a bottom line to worry about, employees to satisfy and, oftentimes, ornery customers to deal with. The advent of the Internet has magnified the latter issue tenfold as sites seemingly pop up every week that give customers free rein to criticize your product or service. Some of this is good and can serve to spur you to fine tune your company.