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 […]

ATTORNEY NEWSLETTER Commodity Futures Trading Commission Wants Whistleblower Help Commission Offers Rewards There’s a lot of hype these days about money to be made in trading virtual currencies and digital tokens like Bitcoin  Be careful with these investments.  Do not purchase digital coins or tokens based on social media tips […]

ATTORNEY NEWSLETTER Preventing Fraud and Abusive Practices Always review your brokerage statements and trade confirmations carefully! That advice may sound obvious but the securities fraud lawyers at Evans Law Firm, Inc. want to underscore that important reminder.  Statements help you stay on top of your investments but also provide valuable […]

ATTORNEY NEWSLETTER Be Wary of Annuities in IRA Accounts Tax deferral is the key to successful retirement savings. IRAs, 401(k)s, SEPs and the like offer deferral and savers can see their retirement savings grow tax-free until it’s time to withdraw without penalty after age 59 ½. Annuity salesmen often counsel […]

ATTORNEY NEWSLETTER Nursing Home Understaffing New Data: Nursing Homes Inflated Staffing Reports For Years Nearly 1.4 million Americans reside in skilled nursing facilities. The majority of patients require daily assistance with bathing, eating, dressing and mobility.  Recently released data indicates that thousands of nursing homes exaggerated staffing levels for years […]

ATTORNEY NEWSLETTER Financial Exploitation of Seniors Stay Alert and Look for Warning Signs of Financial Abuse The best protection against financial elder abuse of your senior loved one is an active, strong support system protecting them from exploitation. Stay involved and maintain an ongoing conversation about the elder’s financial and […]