Posts By: Tefteller Law, PLLC
$10 Million Fine Imposed On LPL: Supervisory Failures
The Financial Industry Regulatory Authority (“FINRA”) recently imposed a $10 million fine on LPL Financial LLC, the largest independent broker-dealer in the United States. FINRA sanctioned LPL Financial as a consequence of the company’s numerous supervisory failures. The underlying supervisory deficiencies accompanied the sale of non-traditional ETF variable annuities, non-traded REITs, and other complex products.…
How to Protect Yourself from the Consequences of 18-wheeler Accidents —On and Off the Road
A certified Urban Main Street City, Longview was designated a “Certified Retirement Community” and one of the “Top 100 Best Cities for Young People” in the same year. Its economy is reportedly booming—in fact, the only things growing as fast as Longview’s industries (like the East Texas oil field) are its shopping centers. However, the…
Bigwigs behind Big Rigs—How You Can Stay On Top in the Event of an Accident
While Longview isn’t purely thought of as an oil town anymore, the construction of the oil pipeline in 1942 was an integral component of its growth as a city. The Big Inch pipeline was the longest petroleum pipeline built at the time of its construction; it transported 261 million barrels of crude oil to the…
Texas Family Finally Get Justice From Fiery 18-Wheeler Crash
This Thursday found justice when a jury in the 168th District Court of Texas finally reached a verdict on an 18-wheeler crash that occurred on August 2010 in Mitchell County. The semi-rig caught fire killing two men when it smashed into a concrete pillar and embankment on IH 20. The wife and family of the…
Co-Existing on the Road with Semi-Trucks
No place with Safe Roads? If you come to almost any place on Earth (or, more locally, to almost any place here in East Texas), people would probably tell you a lot about the fact that roads have become more dangerous in the past decade or even in the past few years. The number of…
Dangerous Roads in Texas and Sharing the Road with Semi Trucks
Why are our Roads Dangerous? When talking about dangerous roads in Texas or elsewhere, some people like to try and turn it into a “chicken vs. egg” sort of argument where it is seemingly unclear whether bad road conditions and irresponsible driving or our own driving habits serve as the basis for danger on the…
Unsafe Lane Change Caused Semi Truck Accident
Thursday morning found a Dodge pickup truck towing several vehicles made an unexpected lane change on Hwy 73 several miles east of Port Arthur. This forced a semi truck to take evasive actions but the collision occurred anyway with the pickup. The momentum of the 18-wheeler moved it across the median into opposing traffic and…
Overturned 18-Wheeler Trapped Man on IH-35
Wednesday morning around 6 AM found northbound IH-35 in Austin more congested than usual as a crash caused an 18-wheeler to overturn. The co-driver of the commercial truck was trapped inside and had to be free by emergency personnel. Three people were reported involved in the wreck with no major injuries. TxDOT indicated that the…
Overturned Semi-Truck Blocks Road to Prison
This Tuesday’s night in Houston County close to Eastham State Prison, an 18-wheeler overturned and totally blocked the two lane road at the intersection of FM 230 and FM 3510. Hopefully this wasn’t some clever ruse to get some buddies out of prison. It is unknown at this time what was the cause of the semi-truck…