Category: Consumer fraud

ATTORNEY NEWSLETTER The Financial Industry Regulatory Authority (FINRA) has announced tougher sanctions for those who commit fraud or make unsuitable recommendations to clients, as well as increased suspensions under the self-regulator’s suitability rules. The National Adjudicatory Council for Financial Industry Regulatory Authority, its appellate tribunal for disciplinary cases, released the […]

ATTORNEY NEWSLETTER California elder abuse attorneys warn that senior citizens are often the target of scammers, and urge senior citizens to be cautious. Senior citizens are often targets, as they are viewed as trusting and may be isolated from other people. Common scams include: -IRS phone call- This is most […]

ATTORNEY NEWSLETTER Arbitration is the most widely used form of conflict resolution in the securities industry, and the Financial Industry Regulatory Authority (FINRA) operates the largest dispute resolution forum in the industry. The customer is nearly always bound by a customer agreement to resolve disputes through arbitration. San Francisco securities […]

ATTORNEY NEWSLETTER California stockbroker fraud attorneys say that the United States government is considering a new rule change that would help prevent stockbroker fraud. The United States government is reportedly considering a rule that would require stockbrokers to put their clients’ interests above their own. This would prevent a stockbroker […]

ATTORNEY NEWSLETTER All consumers that have property and casualty insurance should be careful to read the fine print on their policies, and take care in choosing an insurance provider. The amount of coverage you should consider should be based on the replacement cost value of your property, and it is […]

ATTORNEY NEWSLETTER California securities fraud lawyers want to warn consumers, particularly senior citizens, about various types of securities fraud schemes. Seniors can be prime targets for investment scams and fraud, as they often have excellent credit, own homes, and have a nest egg. One such type of fraud that seniors […]

ATTORNEY NEWSLETTER Whistleblowers are individuals or groups that report about possible wrongdoings of a particular organization or company. Often times, whistleblowing involves an employee reporting employer misconduct that is illegal, unethical, or against public policy. Approximately 1400 whistleblowers have filed qui tam lawsuits in the last two years, and have […]

ATTORNEY NEWSLETTER Before filing your 2015 tax returns, all taxpayers should prevent themselves from succumbing to fraudulent phone scams. There have been a number of cases where individuals have received calls from representatives claiming to be employees from the IRS (Internal Revenue Services) According to the TIGTA, (Treasury Inspector General […]

ATTORNEY NEWSLETTER The Stark Law prevents doctors from receiving kickbacks by referring Medicare and Medicaid patients for designated health services (DHS.) Referrals for DHS include physical therapy, occupational therapy, radiology, computerized axial tomography scans, ultrasounds, radiation services, and such. This law however, contains exceptions. Doctors may refer patients for physician […]

ATTORNEY NEWSLETTER A report released by the Financial Conduct Authority in February 2014, said that the annuities market is messy and that customers are not getting the deals they deserve. In response, the government has put a cap on the sale of annuities. This cut to the annuities market has […]