Legal News Articles - Consumer Fraud

Homeopathy Fraud: Take Lipozene with a Grain of Salt

February 7, 2012. By Jane Mundy.

Washington, DC: Some companies practicing Homeopathy Fraud are as sneaky and slick as snake-oil salespeople. Take Lipozene, for example. Its website is rife with referrals about clinical studies endorsed by the Obesity Research Institute. It appears that this "institute" is the manufacturer of Lipozene.

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Bad Faith Insurance Lawsuits Filed against Home Warranty Companies

February 1, 2012. By Heidi Turner.

San Diego, CA: Consumers who are upset about their treatment by home warranty companies have filed home warranty lawsuits, alleging that those companies practice bad faith insurance. Among the companies that have reportedly faced such lawsuits are American Home Shield and Fidelity National Home Warranty.

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Doctors Note Homeopathic Remedies "Seldom Effective"

January 25, 2012. By Charles Benson.

Fairfax, New Zealand: Collodial silver, deer velvet, arnica and an assortment of other treatments classified as homeopathic remedies are a "waste of time and money," and can sometimes be harmful, doctors say.

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Did JPMorgan Chase Have Anything to Do with Your Foreclosure Case?

January 20, 2012. By Brenda Craig.

Newport Beach, CA: The US home foreclosure crisis and the practice of bundling mortgage debt into securitized bonds seems to be a never-ending source of problems. Now, a consumer fraud class-action suit, filed in US District Court, claims that JPMorgan Chase routinely uses fake documents to misrepresent itself as having standing in bankruptcy cases. Rather than bare the cost of proving the chain of ownership, Chase simply manufactures documents. "We've been able to track the JPMorgan cases from Santa Barbara, down to Orange County, Riverside and Los Angeles," says attorney Joe Roberts, "and you see the same nonsense documents being filed, and you see the judges biting on it, and you see the attorneys lying down and letting JPMorgan assert itself."

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FDA Issues Warning about Certain Homeopathic Remedies

January 17, 2012. By Heidi Turner.

San Francisco, CA: It is not that every homeopathic remedy is a scam. The problem is when homeopathic fraud occurs; when a person or company markets a product that has no proven benefits and can, in fact, harm people. In such cases, consumers may be able to file a homeopathy fraud lawsuit, alleging they were injured by the use of the homeopathic product.

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A New Year, a New Twist on Stock Broker Fraud

January 11, 2012. By Gordon Gibb.

Koloa, HI: The new year has begun with a new twist on the crime of stock broker fraud—in this case, a Hawaiian who wasn't a stockbroker and admitted to his clients that he wasn't. And yet investors gave him money anyway.

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Hope or Hype? The Scourge of Homeopathic Fraud

January 10, 2012. By Gordon Gibb.

Palm Beach, FL: The snake-oil salesman is alive and well, even in 2012. The products may have changed since the days of the horse and buggy, when travelling vendors would set up shop in the town square and pontificate about their miracle cure-alls. But it was a scam then and it's a scam now. Only the terminology has changed. Today, it's known as homeopathic fraud.

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Attorney Discusses Homeopathic Remedies Lawsuit

December 30, 2011. By Jane Mundy.

San Diego, CA: When it comes to purchasing—and using—homeopathic remedies, "Buyer Beware," says attorney Ronald Marron, Law Offices of Ronald Marron, who is currently investigating homeopathy fraud claims against manufacturers and determining "whether such claims are actionable," i.e., if they justify homeopathic remedies lawsuits.

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Ex-UBS Trader Changes Legal Teams for REIT Fraud Case

December 22, 2011. By Charles Benson.

London, England: Former UBS employee Kweku Adoboli has switched legal teams prior to his court appearance next week, as the trader is heading to trial over a REIT fraud claim, according to Reuters.

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Supreme Court Ruling Affects Stockbroker Arbitration

November 16, 2011. By Heidi Turner.

Washington, DC: A recent ruling from the US Supreme Court could have an impact on stockbroker arbitration and claims of stock fraud. The ruling, which came down in KPMG LLP v. Cocchi, involved situations where only some of the claims in a suit are subject to arbitration. Courts considering cases of stock fraud arbitration and stockbroker fraud will now have to determine each claim separately when determining whether or not the case can go to arbitration.

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