WhatsApp: An Unwelcomed Guest on Wall Street

Michael S. Popok, our New York City Office Managing Partner (Zumpano Patricios & Popok), was featured in a recent article concerning the use of Whatsapp by personnel in regulated environments found in financial services firms. He spoke on what should be done by regulators, compliance personnel, as well as the senior members of financial services firms when facing possible use of third party communications platforms by personnel.

Follow the link for the full story from Business Insider: https://www.businessinsider.com/wall-street-whatsapp-wechat-messenger-commodities-compliance-regulations-fired-traders-2020-10

Kanye West Sued by MyChannel for Allegedly Stealing Tech for Sunday Service

TMZ covered the lawsuit by MyChannel against Kanye West and his Yeezy brand which includes allegations: that West and Yeezy wrongfully used MyChannel’s technology for his viral “Sunday Service” e-commerce platform, and breached an oral partnership and their fiduciary duties. MyChannel is represented by Michael S. Popok, Managing Partner of our New York Office (Zumpano Patricios & Popok), and Ben Meiselas of Geragos & Geragos.

The full story from TMZ is available at:

https://www.tmz.com/2020/08/25/kanye-west-sued-company-technology-sunday-service-millions/

New York City, Chicago, and Salt Lake City Offices Press Forward for Those Who Assisted PPP Agents

Forbes Magazine has run a story covering the National PPP Loan class action on behalf of accountants, CPAs, lawyers, and others. Our New York City Office (Zumpano Patricios & Popok) Managing Partner – Michael Popok has taken the lead on the case for the firm. In the article, Popok remarks: “It is the agent who is closest to the main street/mom and pop borrower, not the bank. Without the ‘labor’ of the agent, many of the businesses would fail altogether to apply for the loan…” Popok will lead the Zumpano Patricios attorneys in New York, Illinois, and Utah on the case.

Follow the link for the full story from Forbes Magazine: https://www.forbes.com/sites/peterjreilly/2020/05/20/accountant-scrap-with-banks-for-billions-in-paycheck-protection-fees