ATTORNEY NEWSLETTER Securities and Exchange Commission Pays Record Whistleblower Awards The U.S. Securities and Exchange Commission (SEC) has awarded a record $ 83 million to three whistleblowers tied to a 2016 settlement with Bank of America Corp’s Merrill Lynch brokerage unit. An attorney representing the whistleblowers said their clients tipped […]

ATTORNEY NEWSLETTER Financial Elder Abuse Millions of seniors are victims of financial elder abuse every year in this country. Most cases, according to reports, go unreported because the victim is embarrassed or ashamed by what has happened, or because they suffer from cognitive impairment and are unaware of the abuse. […]

ATTORNEY NEWSLETTER Transamerica Life Insurance Company Variable Annuities The California annuity attorneys at Evans Law Firm Inc. represent clients who have suffered losses from surrenders and fees on all types of annuity contracts, including fixed, indexed, and variable deferred annuities. These contracts charge sales commissions, rider fees and other benefit […]

ATTORNEY NEWSLETTER Fixed Indexed Annuities and the Fiduciary Rule Putting You First In a victory for consumers, the US Court of Appeals for the Tenth Circuit recently upheld the Department of Labor’s (DOL) fiduciary rule as it applies to insurance agents and advisors recommending fixed indexed annuities to customers. The […]

ATTORNEY NEWSLETTER Life Insurance Churning Millions of older Americans have whole life insurance policies with accumulated cash value. Typically, they were sold those policies when they were much younger as a tax deferred savings vehicle, passing the accumulation on to their children when they died.  Some insurance agents spot these […]

ATTORNEY NEWSLETTER  Government Agencies and the Fiduciary Rule Putting You First Last year, the Department of Labor (DOL) announced its fiduciary rule which applies primarily to retirement investment advisors; the rule requires your advisor to put your interests first when it comes to retirement savings recommendations. Recently, the Securities and […]

Recently, Ingrid M. Evans of Evans Law Firm helped a young female victim of inappropriate touching during a massage therapy treatment. The victim experienced non-consensual touching in the breast and pelvic region and sustained lasting harm as a result. The perpetrator claimed the abuse was a recognized massage technique administered […]

ATTORNEY NEWSLETTER Financial Elder Abuse And Annuities Financial elder abuse takes many forms and comes from many different directions. Unscrupulous insurance agents are among the financial predators of seniors.  In a recent publicized case[1] from San Diego, an insurance agent is facing criminal charges for churning annuities he sold to […]

ATTORNEY NEWSLETTER Financial Elder Abuse Senior victims of financial elder abuse are frequently targets of abuse from the very people they have entrusted to care for them or manage their financial affairs once they have lost the ability to manage for themselves. Courts often characterize the relationship between the senior […]

ATTORNEY NEWSLETTER Securities and Exchange Commission Whistleblower Awards Last year alone the Securities and Exchange Commission (SEC) received over 4400 tips about securities fraud from whistleblowers and other complainants. During the course of 2017, the SEC awarded nearly $50 million in whistleblower awards to individuals with new information leading to […]