Sedgwick LLP Closing: Law Firm to Shut as Partners Defect, Offices Close, Revenue Tumbles

Sedgwick LLP Closing its Doors

85-Year-Old “Am Law 200” Law Firm Sedgwick LLP Closing in January Sedgwick LLP, a San Francisco-based law firm, announced that it will be closing its doors after nearly 85 years in business. The firm confirmed that it will permanently close its offices across the U.S. in early January 2018, although some sources have said that some Sedgwick employees will (more…)

Gun Thefts on the Rise, Fuels Violent Crime Across the U.S.

gun thefts

While the gun debate rages on in the U.S. following a number of high-profile mass shootings in 2017, another issue is often overlooked: gun theft. Across the nation, gun theft is fueling violent crime and leading to deadly shootings, according to a new report from The Trace and more than a dozen NBC TV stations. (more…)

Wells Fargo Layoffs Hit Employees at Card-Processing Venture

Wells Fargo Layoffs

Wells Fargo & Co (NYSE:WFC) is looking to shed about 50 employees as its debit and credit card processing venture undergoes restructuring. The Wells Fargo layoffs are reported to be a result of the company responding to the current business volumes. While Wells Fargo has stated that it is looking to retain as many employees as (more…)

Real Industry Bankruptcy Filed as Company Struggles with Debt

Real Industry Bankruptcy

Real Industry Inc (NASDAQ:RELY), a holding company with interests in Real Alloy Holding Inc. and its U.S. subsidiaries, filed a petition for voluntary Chapter 11 reorganization in the U.S. Bankruptcy Court for the District of Delaware. The Real Industry bankruptcy represents another business in the U.S. folding under the tough economic climate some companies are experiencing (more…)