Login | July 01, 2026
The Akron Legal News
The Akron Legal News is a daily publication devoted to legal, financial, real estate and general news. Designated by the Federal, County and Municipal Courts as the Official Law Journal of Summit County, Ohio.
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Today's News (See all)
Online brokerage not responsible for trader’s $25 million loss
An online brokerage firm that only provided routine business functions is not liable for $25 million lost by investors who funded a 20-year-old novice trader’s private hedge fund, the Supreme Court of Ohio ruled June 18.
In a 6-1 decision, the Supreme Court reversed an Eighth District Court of Appeals decision, which had f ... (full story)
Lawyers’ fund awards more than $400,000 to victims of attorney theft
The Board of Commissioners of the Lawyers’ Fund for Client Protection (LFCP) reimbursed $408,112.67 to 22 victims of attorney theft at its June meeting. Five former or suspended Ohio attorneys were found to have misappropriated client funds.
Since its inception, the LFCP has awarded more than $26 million to consumers.
... (full story)