ATTORNEY NEWSLETTER Financial Exploitation of Seniors Stay Alert: It Can Happen to Anyone Recently, a former California State Assemblywoman shared at an elder abuse symposium that she had been a victim of financial elder abuse.[1]  She told her story to raise awareness that financial elder abuse does not discriminate among […]

ATTORNEY NEWSLETTER Long-Term Care Insurance Claims Long-Term Care Insurance has always been sold by agents to help you pay for care when you are unable to take care of yourself later in life. Insureds trusted the policies covered the costs of assisted living care, skilled nursing facilities, and in-home care […]

ATTORNEY NEWSLETTER President Obama’s Fiduciary Rule Put You First, Not Your Broker The Current Administration Will Eliminate That Protection The Trump Administration is intent on destroying consumer protection. Witness his attack on the Consumer Financial Protection Bureau and now on President Obama’s initiative to protect consumers from financial advisors who […]

ATTORNEY NEWSLETTER Prime Healthcare and Its CEO Settle Whistleblower Case for False “Upcoding” Whistleblower Will Receive $17.2 Million Reward A California Registered Nurse will receive a $17.2 million reward for blowing the whistle on her employer’s false claims to the federal government for reimbursement under Medicare.[1]  The employer, Prime Healthcare, […]

ATTORNEY NEWSLETTER Signs of Nursing Home Abuse Nearly 1.4 million Americans reside in skilled nursing facilities and as our nation’s population ages, the number of persons residing in those facilities increases every day. Sadly, incidents of abuse in nursing homes are also rising at a dramatic and alarming rate.  While […]

ATTORNEY NEWSLETTER Beware of Pump and Dump Schemes Pump and dump schemes are all too common when it comes to penny stocks. If you trade penny stocks, be wary of sudden run ups in share prices.  The run up may be a pump and dump scam: an artificial surge in […]

ATTORNEY NEWSLETTER Plan Retirement Investments With Care Americans are increasingly at risk of retiring broke according to thinktanks watching the data. Forty-two percent of Americans have less than $10,000 tucked away for retirement.  So, yes, save as much as you can for the future, but be cautious where you put […]

ATTORNEY NEWSLETTER Be Wary of Annuities Commissions, Fees and Surrender Charges Drain Your Savings One commentator recently summed it all up when it comes to annuities: “Annuity companies and annuity peddlers are making boatloads of money from you.”[1]  It’s the truth.  Annuities are among the highest commission financial products out […]

ATTORNEY NEWSLETTER Genworth Life Insurance Company and American General Life Insurance Company/AIG Whole Life Insurance If you are over age 60, live in California, and have cancelled (or surrendered) a whole or universal life insurance policy issued by Genworth Life Insurance Company or American General Life Insurance Company (an AIG […]

ATTORNEY NEWSLETTER Internal Revenue Service Rewards Whistleblowers Whistleblowers Aid Enforcement The Internal Revenue Service (IRS) rewards people who provide specific and credible information to the IRS regarding tax scams. Last year the IRS awarded close to $40 million to 242 whistleblowers.  The rewards are big if you have original, creditable […]