ATTORNEY NEWSLETTER False Claims Act Cases for Overcharging Government Settles Large Whistleblower Suit Against Compounding Pharmacy Whistleblower Rewarded Healthcare fraud against Medicare, Medicaid, and other government health care programs amounts to billions of dollars every year. Overcharging for drugs and procedures is a major type of this fraud.  Whistleblowers bring […]

ATTORNEY NEWSLETTER Caregivers and Financial Elder Abuse Bankers Detect Fraud Senior Captive in Her Own Home Caregiver fraud on the elderly is a very real, and growing, danger. Financial elder abuse by a caregiver may include free use of credit and ATM cards, unauthorized purchases, access to bank accounts and […]

ATTORNEY NEWSLETTER Beware Equity Indexed Annuities Modest Yields, Fees, and Withdrawal Charges Annuity carriers and agents push what they claim are “safer” investment products in volatile markets. Anxious seniors, with money to invest and concerns about future income, worry about low rates on insured deposits on the one hand and […]

ATTORNEY NEWSLETTER The Senior Safe Act: Encouraging Financial Institutions to Report Abuse Financial elder abuse is an epidemic: each year over five million senior citizens fall victim to financial elder abuse. The financial toll is estimated at $30 billion annually.  Alert bankers and financial advisors are the first line of […]

ATTORNEY NEWSLETTER Nursing Home Residents Vulnerable to Financial Elder Abuse Workers Target 97-year-old Nursing Home Resident Elder physical abuse and neglect can be fatal to nursing home residents. But residents may also be victims of devastating financial elder abuse by unscrupulous nursing home workers. In a case reported just this […]

ATTORNEY NEWSLETTER Unsuitable Sales, Improper Exchanges, High Fees, Tying Up Your Money Seniors Beware Unscrupulous advisors and insurance agents, hungry for commissions, push annuities on seniors worried about income levels for their later years. The sales pitches rev up as markets turn volatile and promises of guaranteed rates sound good. […]

ATTORNEY NEWSLETTER Seniors: Watch Out for Financial Fraud From Planners, Stockbrokers and Financial Advisors If You’re a Victim, We Can Help Unscrupulous financial advisors, retirement planners and stock brokers prey on seniors in particular. In some cases, the broker/advisor has a history of preying on the elderly but the brokerage […]

ATTORNEY NEWSLETTER Important False Claims Act Case for Sales of Defective Drugs Will the Department of Justice Put Public Health and Safety at Risk? Last year, the Ninth Circuit reinstated all claims of a whistleblower (also called a “relator”) brought under the federal False Claims Act (FCA) against the large […]

ATTORNEY NEWSLETTER Genworth Life and Annuity Insurance Company Whole Life Insurance Required Disclosures to Senior Policyholders If you are over age 60, live in Alameda County or elsewhere in California, and have cancelled (or surrendered) a whole or universal life insurance policy issued by Genworth Life and Annuity Insurance Company […]

ATTORNEY NEWSLETTER FINRA Reports Surge In Financial Elder Abuse Claims Unsuitable Products, Breach of Contract, Negligent Advice and More Investors harmed by broker or advisor recommendations can file complaints about the misconduct with the Financial Industry Regulatory Authority (FINRA). FINRA has the power to levy fines and disciplinary sanctions.  The […]