WHAT IS A CONFLICT OF INTEREST?

Comcast Business Wins Fortinet’s Managed Security Service Provider (MSSP) Partner of the Year Award

PHILADELPHIA – April 5, 2023 – Comcast Business today announced that it was named Fortinet’s Managed Security Service Partner (MSSP) Partner of the Year. The Fortinet Partner of the Year Awards recognize dedicated and distinguished partners and distributors around the world. Fortinet’s channel partners play a critical role in helping Fortinet secure users, devices, applications, and edges everywhere. https://business.comcast.com/about-us/press-releases/2023/comcast-business-wins-fortinets-managed-security-service-provider

Ross Dubin on Linkedin https://www.linkedin.com/in/rossdubin

From Chapter 720 Homeowner Association Rules

720.3033 Officers and directors.—

(3) An officer, a director, or a manager may not solicit, offer to accept, or accept a kickback. As used in this subsection, the term “kickback” means any thing or service of value for which consideration has not been provided for an officer’s, a director’s, or a manager’s benefit or for the benefit of a member of his or her immediate family from any person providing or proposing to provide goods or services to the association. An officer, a director, or a manager who knowingly solicits, offers to accept, or accepts a kickback commits a felony of the third degree, punishable as provided in s. 775.082, s. 775.083, or s. 775.084, and is subject to monetary damages under s. 617.0834. If the board finds that an officer or a director has violated this subsection, the board must immediately remove the officer or director from office. The vacancy shall be filled according to law until the end of the officer’s or director’s term of office. However, an officer, a director, or a manager may accept food to be consumed at a business meeting with a value of less than $25 per individual or a service or good received in connection with trade fairs or education programs.

AND

(6)(b) Directors and officers must disclose to the association any activity that may be reasonably construed to be a conflict of interest at least 14 days before voting on an issue or entering into a contract that is the subject of the conflict. A rebuttable presumption of a conflict of interest exists if any of the following acts occur without prior disclosure to the association:

2. A director or an officer, or a relative of a director or an officer, holds an interest in a corporation, limited liability company, partnership, limited liability partnership, or other business entity that conducts business with the association or proposes to enter into a contract or other transaction with the association.