Yearly Archives: 2013

Deferred annuities can seem like the best option available to retired senior citizens, or people who are about to retire, elder financial fraud attorneys in California note. But these consumers should be wary of these life insurance policies, as some companies offer terms that are not beneficial for anyone over […]

ATTORNEY NEWSLETTER In a 2007 lawsuit filed by an attorney general, Midland National Life Insurance Company was accused of selling deferred annuities to senior citizens.  It is alleged that Midland National Life Insurance Company sold deferred annuities to senior citizens 62 years and older, with terms that kept their money […]

ATTORNEY NEWSLETTER Congress instituted The False Claims Act (FCA) in order to hold individuals and businesses accountable if they partake in fraudulent activity regarding government entities.  Individuals, called whistleblowers are urged to bring these claims to court on behalf of the government. Whistleblowers are imperative in providing such information to […]

ATTORNEY NEWSLETTER Physical elder abuse – A Millbrae caregiver will stand trial on assault and physical elder abuse charges.  The caregiver has been accused of beating an elderly Millbrae man on the head and causing serious injuries.  It is alleged that the caregiver hit the elderly man on the head […]

ATTORNEY NEWSLETTER A class action lawsuit was filed against Massachusetts Mutual Life Insurance Company in 2004 alleging that the company engaged in deceptive sales practices with respect to the sale of deferred annuities.  Massachusetts Mutual Life Insurance Company denied all claims in the complaint.  Massachusetts Mutual Life Insurance Company contended […]

ATTORNEY NEWSLETTER Pacific Life Insurance Company was the target of a class action lawsuit related to sales of deferred annuities.  The 2005 lawsuit alleged that Pacific Life Insurance Company and its salespeople committed securities fraud because they failed to disclose that tax deferral advantages of its annuities products might be […]

ATTORNEY NEWSLETTER Two individuals filed a class action lawsuit against EquiTrust Life Insurance Company alleging that the company engaged in fraudulent business and marketing practices with respect to the sale of deferred annuities.  The Complaint alleges that EquiTrust Life Insurance Company sold a deferred annuity that matured after the buyers […]

ATTORNEY NEWSLETTER In July of 2013, the Justice Department announced a multi-million dollar settlement as part of the whistleblower rewards program.  This whistleblower case involved allegations that a Michigan based cardiology group performed unnecessary heart procedures on patients.  Specifically, it was alleged that doctors in the group ordered heart catheterizations […]

ATTORNEY NEWSLETTER There are a large number of attorneys and financial advisors who assist former members of the armed forces to file for federal benefits.  These attorneys and financial advisors are accredited by the U.S. Department of Veterans Affairs.  According to statistics prepared by the Veterans Administration, the numbers of […]

Planning for your own death is never easy. And with all the life insurance options available, choosing the right plan for you and your loved ones can be tricky. Insurance companies offer options to invest in inheritance for their children; savings plan for their funeral costs and other expenses, such […]