Iron Cove Blog

Check here for the latest Iron Cove Case Studies & Financial Services Related Blog Posts

Financial Institutions and Employment Practices Liability Insurance Protection #metoo

Feb 19, 2018 8:54:20 PM
Bonner v. Point72 Asset Management, 18-cv-01233, U.S. District Court, Southern District of New York. The lawsuit filed earlier this month alleges that Steven Cohen’s Point72 Asset Management firm discriminates against women. For its part, the firm denied the allegations and filed papers to seal the complaint, alleging that the claimant is trying “to harm Point72’s repetitional interests, cause upset among its employees by disclosing their confidential personal information, and perhaps, generate publicity."
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Tags: Hedge Funds, employment practices, Employment Practices Liability, financial institutions, Insurance Protection, Investment Adviser, Iron Cove, Legal liability, Private Equity, registered investment adviser

Online Social Networking, A Brave New World of Liability for Employers

Sep 21, 2010 11:16:16 PM

Employers can be held liable for the activities of employees under the common law doctrine of agencyrespondeat superior. This doctrine states that the superior (or “principal”) is held responsible for the acts of its subordinate (or “agent”). A company (the “principal” in this case) can be held liable for the actions of its employees and others deemed agents of the company, even if the agents are acting independently. This is called “vicarious liability.”

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Tags: insurance, Internet Professional Liability, Agency (law), Brave New World, Company, discrimination, Employment, Insurance Industry News, Law, Legal liability, Media Liability, media liability, social media, Social Media Liability, social networking, Swett & Crawford, United States

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