Legal News Articles - Financial

Emergency Room Overcharges Almost Caused a Stroke

February 9, 2012. By Jane Mundy.

Shelby, NC: Steve thought he had a pinched nerve in his neck and was getting chiropractic treatment but when one side of his face went numb, Steve figured he should go to the emergency room—just to make sure he wasn't having a "mini-stroke." He was OK, but the Emergency Room overcharges almost gave him a stroke!

Read [ Emergency Room Overcharges Almost Caused a Stroke ]

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.

Read [ Bad Faith Insurance Lawsuits Filed against Home Warranty Companies ]

Emergency Room Bills Targeted in Hospital Fraud Study

January 29, 2012. By Charles Benson.

London, England: Suspicions that five private hospital groups in Britain are operating a money-making cartel which includes raising emergency room bills have led to an investigation by the Competition Commission, according to The Telegraph.

Read [ Emergency Room Bills Targeted in Hospital Fraud Study ]

Disability Claimant Angry That Her Policy Is Now with "Sleazy and Shady" Unum

January 28, 2012. By Jane Mundy.

Chicago, IL: Bertha was angry, to say the least, when John Hancock, her health insurance carrier of 25 years, informed her that Unum (formerly UnumProvident, and now notoriously denying disability benefits to policy holders in the role of "agent") now holds her policy.

Read [ Disability Claimant Angry That Her Policy Is Now with "Sleazy and Shady" Unum ]

Trustee Notes Company May Recover Funds after MF Global Stock Fraud

January 26, 2012. By Charles Benson.

New York, NY: Months after the news broke over the MF Global stock fraud case, the trustee overseeing the liquidation of the company's holdings brokerage is exploring ways to recover additional customer assets, Dow Jones reported.

Read [ Trustee Notes Company May Recover Funds after MF Global Stock Fraud ]

Attorney: MF Global Clients Unlikely to Recover Money without Arbitration

January 23, 2012. By Heidi Turner.

Kansas City, MO: Despite the efforts of the FBI, the Department of Justice attorneys and investigators from the SEC, CFTC and NFA, the $1.2 billion of customers' funds missing from MF Global securities have not been found. Recent reports indicate the funds have likely gone abroad, possibly indicating MF Global securities law violations. According to Diane Nygaard, a securities and commodities attorney at Kenner Schmitt Nygaard, LLC, customers of the MF Global securities firm have only three avenues to try to recover the 28 percent of their money that they have not yet received.

Read [ Attorney: MF Global Clients Unlikely to Recover Money without Arbitration ]

Is Securities Fraud behind Bond Default in Washington State?

January 23, 2012. By Gordon Gibb.

Wenatchee, WA: There is an expectation that disgruntled bondholders tied to an arena development in Washington state will launch a lawsuit alleging securities fraud, amidst other allegations. The Town Toyota Center, located in Wenatchee, went into default December 1 and is projected to lose $400,000 in 2012. Meanwhile, investors holding $42 million in bonds are reportedly not happy.

Read [ Is Securities Fraud behind Bond Default in Washington State? ]

Emergency Room Overcharges: A Tale of Two Hospitals

January 20, 2012. By Gordon Gibb.

New York, NY: Critics of the health care system in America—and the soaring costs that go along with it—will point to the observations of one mother of two whose teenage son was treated in an emergency room for a similar condition at two different hospitals, two weeks apart.

Read [ Emergency Room Overcharges: A Tale of Two Hospitals ]

Attorney Discusses Emergency Room Overcharges

January 17, 2012. By Jane Mundy.

Los Angeles, CA: Attorney Barry Kramer of the Law Offices of Barry Kramer is representing people nationwide who have either paid, or have been billed, excessive emergency room charges. Typically, it is uninsured patients who are victims of hospital overcharging, and to compound the issue, emergency room costs are increasing.

Read [ Attorney Discusses Emergency Room Overcharges ]

Is Unum Group in the Mining Business or Insurance Business?

January 13, 2012. By Gordon Gibb.

New Orleans, LA: The insurance industry in general and Unum in particular appear to be more inclined toward the mining business, rather than the insurance business. Mining, as in mining the depths for reasons to deny or discontinue benefits to policyholders. Many a Unum lawsuit makes such an allegation, and there appears to be plenty of examples.

Read [ Is Unum Group in the Mining Business or Insurance Business? ]