Jail Safety During COVID-19

Patrick Scott and Brad Inman

The COVID-19 pandemic has altered the way we, as a society, operate in our daily lives. Sheriffs and their leadership have been especially affected due to the challenges operating a detention facility presents during the pandemic. Jails around the country have attempted multiple strategies to protect the inmate population, including isolation, testing, and early release…

Significant Changes Coming for Brokers Seeking an Expungement of Customer Dispute Information

Daniel Strong

Registered representatives seeking to expunge customer dispute information from the Central Registration Depository system (“CRD”) will likely be required to pay increased FINRA filing and hearing fees in the near future.[1]  With Proposed Rule Change 2020-005, FINRA seeks to amend Part IX of the FINRA Code of Arbitration Procedure for Customer Disputes and the Code…

Business Interruption Insurance Recoveries Due to COVID-19

Brad Inman

Many companies carry business interruption insurance as a component of their first-party property insurance or as a freestanding policy. Such coverage protects against losses sustained during periods of suspended operation due to various events and damage. Although there is no doubt that operations and business has been suspended across countless industries in recent months, business…

Workers’ Compensation Medical Treatment During the COVID-19 Pandemic

Melissa Woodard

Under The North Carolina Workers’ Compensation Act, an injured employee may seek a second opinion from a physician upon which the parties agree. N.C.G.S. § 97-25(b). Likewise, employers may request an Independent Medical Evaluation (IME) of the injured employee. N.C.G.S. § 97-27(a). In the wake of the COVID-19 pandemic, many medical providers that treat work-related…

COVID-19 and the Potential for a Significant Increase in FINRA Arbitrations

Daniel Strong

Recent market volatility associated with COVID-19 has the potential to result in a large uptick in arbitration filings with the Financial Industry Regulatory Authority.  Following a February to March decrease in the S&P 500 of over 34 percent and the recent historic dip in oil prices, investor confidence is understandably shaken.  For broker-dealers and registered…