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Articles Posted in Employee Forgivable Loans

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Some Novel Defenses in Employee Forgivable Loan Cases

Offering bonuses in the form of employee forgivable loans (EFLs) is common in the financial industry, but these so-called bonuses can result in a trap for unsuspecting brokers (see our website here).  While there are a variety of defenses (LINK) available to brokers when a brokerage firm seeks to enforce…

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