John F. Porter, III, P.C.

Office Hours

Monday08:00 AM - 05:00 PMTuesday08:00 AM - 05:00 PMWednesday08:00 AM - 05:00 PMThursday08:00 AM - 05:00 PMFriday08:00 AM - 05:00 PM
Phone: 256-574-5156 Fax: 256-574-6552

John F. Porter, III, P.C. 123 East Laurel Street Scottsboro, AL Jackson Co. 35768 (Jackson Co.)View Map

Business

Restrictions on Short Sales of Securities
A short sale of a security is a sale of the security by an investor before the investor actually owns the security being sold. The investor profits if the value of the security declines between the time of the sale and the time of delivery of the security. Short sales may also allow an investor to lock in changes in value shares already held or to hedge against significant changes in value in securities. More...
Basics of the Agency Relationship
Business often is conducted by agents who act for others. For example, insurance policies may be sold through agents. Agencies also exist in relationships between guardians and wards, employees and employers, estates and executors, and partners. More...
Public Comment and Judicial Review Regarding Government Antitrust Settlements
Under Section 5(a) of the Clayton Act, 15 U.S.C.S. § 16(a), a final judgment in a successful federal government antitrust enforcement action is prima facie evidence in a subsequent private action for treble damages of the defendant's antitrust violation. However, a consent decree agreed to by a defendant in a federal government action before any testimony is taken is not considered prima facie evidence in a subsequent private action. More...
Protection for Toxic Substances Control Act Whistleblowers
Protection for Toxic Substances Control Act Whistleblowers More...
Short-Swing Profits
Section 16(b) of the Securities Exchange Act of 1934, 15 U.S.C.S. § 78p(b), limits the ability of corporate insiders and principal stockholders to profit from their access to nonpublic information about their company. Under Section 16(b), profits from two trades of a company's publicly traded securities within six months by a director, officer, or beneficial owner of more than ten percent of a security of the company are owed to and may be recovered by the company. If the company does not retrieve those profits, shareholders may file a derivative action to obtain a court order to have the profits given over to the company. More...

Areas Of Practice

  • Business Law
  • Civil Appeals
  • Corporate Law
  • General Civil Practice
  • Insurance Defense
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