Mahtook and Lafleur Risk Report

⚖️ Legal & Regulatory

The company has been involved in several legal matters, which may have implications for its operations and financial health. The mentioned lawsuits and legal expenses indicate ongoing legal challenges. These legal issues may draw significant resources and attention, potentially affecting overall business performance.

• On 🗓 July 3, 2024, a lawsuit was filed involving a woman who sued a prosthetics clinic and supervisor over accidental scalping.
• Louisiana legislators were reported on 🗓 April 13, 2018, to earn substantial money from government agencies, suggesting possible unreported transactions or legal compliance issues.

🏗️ Operational & Business Continuity

The spending on legal fees represents a significant operational cost, and it highlights the importance of managing legal risks to maintain business continuity. Effective resource allocation towards these legal challenges will be crucial for sustained operations.

• 🗓 On April 20, 2019, it was reported that the LCG spends $3 million a year on legal fees, with most going to a few attorneys. This expense underscores the significant operational budget dedicated to managing legal matters.