J. Preston "Pete" Strom, Jr., P.A. is the former U.S. Attorney for the District of South Carolina. He founded Strom Law Firm, L.L.C., in Columbia, South Carolina in 1996 and is currently the President of the South Carolina Association for Justice. Read more about Pete by clicking here.
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The Strom Law Firm, LLC is investigating allegations that the Boards of Directors of several South Carolina banks may have breached a duty owed to their investors resulting in hefty financial losses, including worthless stock.
While the FDIC provides protection for the assets of bank customers affected by intervention and/or closure, bank investors and shareholders [...]
Earlier this week, South Carolina Director of Insurance, Scott Richardson, issued a cease-and-desist order reporting that Isle of Palms resident William M. Worthy, II, organized and spearheaded a nationwide, multimillion dollar health insurance fraud scheme.
The insurance fraud scheme, believed to have victimized at least 269 South Carolinians, involves the sale of limited benefit [...]
According to the Wall Street Journal, the federal investigation of Countrywide and what brought on the company’s collapse appears to be heating up.
According to a WSJ article released Monday, federal criminal investigators tasked with examining what led to the collapse of Countrywide have been calling witnesses before a grand jury as part of their [...]
Good news on the home front!
As reported by WIS, the Obama administration launched a new effort on Monday designed to speed up the time-consuming, stressful process of selling your home if you owe more than it’s worth.
On the other hand, if you are looking to purchase a home or investment property, taking advantage [...]
According to the State newspaper, Richland County Deputies arrested a 14-year-old student at Richland Northeast High School, located in Columbia, South Carolina, after receiving a report that the student had a 9 mm pistol tucked in his waistband.
Richland County Sheriff Leon Lott said the youth was charged with carrying a weapon on school grounds and [...]
As reported by WLTX, 32 year old Sean Cassidy, the head coach of the girls basketball team and an 11th and 12th grade social studies teacher at Camden High School, has resigned after being charged with engaging in improper behavior with a 15 year old student.
Mr. Cassidy has been formally charged with [...]
As a society, technology is our way of life. We can text, tweet, talk, and even update our Facebook status, right from our mobile phone.
Millions of Americans use technology and social media for instant communication. When this addiction is mixed with driving, it is dangerous and can have deadly consequences.
In response to [...]
According to WMBF news, – Dr. Nathaniel Miller, a Marion County school superintendent, has been arrested on allegations of public corruption.
South Carolina Law Enforcement Division (SLED) officials allege that between March 2006 and January 2010, Dr. Miller converged an estimated $503,000 of school money for his personal use. The allegations claim that the [...]
ccording to WLTX, early Thursday moring police arrested 23 year old Celso Vasquez at a home on Roberson Street (located near Monticello and I-20) where they recovered a kilo of cocaine and 2,000 pounds of marijuana.
Three duffle bags of cash believed to be somewhere in the six figures were seized from another home searched [...]
State Representative, Bakari Sellers, recently introduced legislation that will ban the use of handheld communications devices behind the wheel. If the bill becomes law, offenders will face a $125 and two point fine.
Representative Seller’s bill comes in the midst of a nationwide campaign by AAA who is lobbying to have a nationwide ban [...]