Category: Evans Law Firm

ATTORNEY NEWSLETTER The Securities and Exchange Commission has announced that it will pay an unidentified whistleblower, a compliance officer, an award of about $1.5 million. This is the second whistleblower award given to an employee with internal audit or compliance responsibilities, after $300,000 was awarded to a compliance officer in […]

ATTORNEY NEWSLETTER The Financial Industry Regulatory Authority (FINRA) has launched a toll-free line to support senior citizens and advise them on financial matters. The FINRA Securities Helpline for Seniors is designed to help older investors get neutral, informed advice regarding their brokerage accounts and investments, and avoid seniors from becoming […]

ATTORNEY NEWSLETTER The Department of Justice has announced that it has intervened in a whistleblower lawsuit against one of the nation’s largest nursing home chains, HCR ManorCare. The Department of Justice alleges that HCR ManorCare, a nursing home chain based in Ohio, overbilled Medicare patients. The whistleblower lawsuit was originally […]

ATTORNEY NEWSLETTER An annuity is a type of insurance product that can be either deferred or pay out income, and is often used as a retirement strategy. The main types of annuities are deferred annuities, fixed equity annuities, indexed annuities, immediate annuities, and variable annuities. The size of the payment […]

ATTORNEY NEWSLETTER Paying taxes on a yearly basis may not be the most celebrated task for most Americans. Many believe that they should not be taxed at all, thus, giving rise to tax fraud. Recently, there have been a number of tax fraud reports in Los Angeles, claiming tax evasion […]

ATTORNEY NEWSLETTER With the projected outlook that the elderly population in California states such as San Francisco, will be doubled by 2025 to 6.4 million (largest senior growth rate than any other state) it is safe to assume that the majority of them will end up in a nursing home. […]

ATTORNEY NEWSLETTER According to the Administration of Aging, (AoA) elder abuse is the knowing, intentional, or negligent act by anyone that causes harm or a serious risk of harm to a vulnerable adult. Elder abuse can come in many forms such as abandonment, neglect, physical, financial, and emotional abuse. There […]

ATTORNEY NEWSLETTER The False Claims Act is a powerful tool to protect and encourage whistleblowers to report any wrongdoings of a company or business. The False Claims Act (also known as the Lincoln law) was enacted back in the civil war, with the same purpose it has until this day: […]

ATTORNEY NEWSLETTER Seniors have increasingly become a target of many crimes. As elders get older, their ability to make smart financial decisions become tougher. As a result, elders will often fall prey to financial elder abuse. According to the National Center on Elder Abuse, financial elder abuse is the illegal […]

ATTORNEY NEWSLETTER Index Universal Life insurance policies are long-term, fixed investments. As the name suggests, it is a permanent life insurance product. Universal life insurance policies are said to guarantee payments to beneficiaries, once the policy holder dies. AXA Equitable Life, Penn Mutual Life, Midland National, Lincoln Financial, Pacific Life, […]