In re the Claim of McCann

*1260Appeal from a decision of the Unemployment Insurance Appeal Board, filed August 31, 2012, which, among other things, ruled that claimant was ineligible to receive unemployment insurance benefits because he was not totally unemployed.

Claimant, a financial advisor for a bank whose employment was terminated, applied for and received unemployment insurance benefits for the period of December 2010 to March 2011. At the same time that he began collecting benefits, claimant formed a limited liability corporation, the purpose of which was to provide corporate financial consulting services. The…