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  • How Will Neuberger Sale Affect Mutual Funds?
    Dec-12-08 New York, NY Now that the dust has settled and Lehman Brothers' Neuberger Berman group has been sold, investors are left wondering what effect the sale will have on their mutual funds. While Neuberger officials say that Neuberger mutual funds and other investments are stable, investors are left to wonder if that really is the case, or if they are just be...
  • Unum—The Outlaw Insurance Company
    Apr-13-11 Seattle, WA In 2008 the American Association of Justice (AAJ) named the "Ten Worst Insurance Companies in America" and explained how they raise premiums, deny claims and refuse insurance to those who need it most. No surprise that Unum ranked second. And judging from the number of First Unum policy holders who have been denied their long-term disabilit...
  • Fly Ash the Latest Win for the Billy Murphy Firm.
    Nov-29-08 Baltimore, MD The Murphy Firm has a long and distinguished list of achievements in the history of the American legal system and the $45 million settlement it just negotiated on behalf the small community in Maryland represents yet another milestone. The settlement still needs to be certified, but the 250 people of Gambrills have every reason to believe the...
  • Variable Annuities: Financial Advisor Victimizes Senior
    Nov-22-08 Las Vegas, NV To say that Mark D. is mad that his mother's money was put in variable annuities would be a massive understatement. He is furious that a financial advisor took advantage of his mother for the commission associated with a variable annuity sale, denying his elderly mother access to money she desperately needed and could not afford to lose. ...
  • Woman Sues BP Over Alleged Violations of Texas Labor Law
    Apr-5-11 Galveston, TX A woman has filed a Texas labor law complaint against BP Products North America Inc. for allegedly discriminating against her due to her gender and age, the Southeast Texas Record reports. According to the news source, Texas City resident Ann Wagenfuhr filed the lawsuit on March 23 in the Galveston Division of the Southern District o...
  • Consumer Fraud Not Affected by Economic Slowdown
    Nov-13-08 Worthington, OH Consumer fraud is rampant in this country, and will continue to be so as long as people are too busy, too distracted or perhaps too naïve to do anything about it. And as morally wrong as it is, the pursuit of the almighty buck takes no prisoners when it comes to moral fortitude. If you think you can get away with it you do—especially i...
  • Overtime Pay Violations Cost Restaurateur a Cool Quarter Million
    Mar-23-11 Decatur, IL A restaurant owner who claimed to have the best interests of his staff at heart and remained unaware of overtime pay violations at one of his restaurants was, nonetheless, ordered to pay a quarter of a million dollars after the US Department of Labor launched an action against J. David Fuentes. The latter is the proprietor of Los Matadores,...
  • Cotton Manufacturer Fined Over Georgia Labor Law Violations
    Mar-18-11 Lavonia, GA The Occupational Safety and Health Administration (OSHA) has levied a fine of more than $62,000 against a cotton manufacturer for allegedly violating Georgia labor laws in the September 2010 death of a worker in the town of Lavonia, the Atlanta Business Chronicle reports. According to the news provider, Parkdale America was fined for 1...
  • Withholding Paychecks a violation of the California Labor Law
    Oct-29-08 Simi Valley, CA Withholding an employee's pay check is, without a shadow of doubt, a violation of the California Labor Law , so why do some people think they are above the law? What right does Geraldine's boss have to not pay her in a timely manner and then have the audacity to shortchange her? Geraldine prepares income tax returns and worked for a sm...
  • Stock Losses Aren't Always Caused by the Stock Market
    Oct-27-08 Wooster, OH If there is one segment of the population most hurt by the global economic crisis and stock market losses , it is seniors who may have been duped through imprudent stock market financial advice, and now have incurred stock losses at a time when they are ill-equipped to replace those funds. Tomorrow, of course may tell a different story. Bu...
  • Reps for Pharmaceutical Sales Can Claim Overtime: Supreme Court
    Mar-12-11 Washington, DC Major pharmaceutical companies have been facing a new enemy on the lawsuit front—and it has nothing to do with allegedly unsafe drugs. In this case, sales representatives engaged by the major drug companies to facilitate pharmaceutical sales , have been seeking the opinion of the courts on whether or not they qualify for overtime un...
  • Where Will the Stock Loss Freefall End?
    Oct-20-08 New York, NY While the stock markets appear to be on an upswing, at least for now, there is no question that there have been significant stock losses in recent months. How significant? Well, Jeremy Gaunt, at Reuters, posts that the MSCI all-country world stock index has lost around $15 trillion in value since October 31, 2007. He then puts it in persp...
  • Law and the Environment: It's All Around You
    Oct-19-08 Washington, DC In his book, 'The Making of Environmental Law,' author Richard J. Lazarus recalls fondly his evenings working as a bartender while pursuing his degree and putting the wheels in motion to become, what was a bit of a novelty in 1975, an environmental lawyer. He recalls a conversation with a customer in the bar one autumn evening that year...
  • Indiana Children's Fund Hurt by Morgan Keegan Fraud
    Oct-13-08 Indianapolis, IN Long before the markets began crashing in the wake of the global credit crisis, investors were weathering their own Morgan Keegan stock crisis . Hundreds of investors who had purchased Morgan Keegan investment funds are alleging Morgan Keegan fraud , after investing in funds that were heavily promoted as safe and conservative, but were...
  • Financial Elder Abuse: Mother Victimized by Son, Daughter
    Oct-5-08 La Puente, CA It is unthinkable that an elderly person could become the victim of financial elder abuse at the hands of her son or daughter. Unfortunately, that is what Susan S. says happened to her mother-in-law. Susan says her brother-in-law and sister-in-law stole money from their mother, violating California's financial elder abuse laws. "My mo...
  • Peer Reviewer Accused of Conflict in Fixodent Zinc Poisoning Study
    Feb-23-11 New York, NY From a public relations standpoint, it couldn't be any worse. Not only does Fixodent denture adhesive still contain zinc (which has been found to harm people when used in excessive amounts), it has been discovered that the release of important research that may have succeeded in spreading the word more quickly was unnecessarily delayed und...
  • Stock Market Losses and How You Can Reverse Them
    Oct-3-08 New York, NY These days it's not hard to find heart-wrenching stories of stock losses . Just Google ' stock market losses ' with today's date and you get 1000 entries—people just like you, who have saved diligently for years, for their retirement; who sought stock market financial advice and got burned. Well-meaning and hard-working Americans who...
  • The Wachovia Watch: A New Savior Emerges as US Economy Barely Hangs On
    Oct-3-08 San Francisco, CA On the eve of what will likely be an historic vote in the US House of Representatives over the proposed $700 billion bailout for the nation's troubled economy, yet another bank takeover focuses additional attention on a remarkable week in the nation's economic history and further underscores the precarious health of the once-robust Wall...
  • Bankruptcy Lawyer Reed Allmand: Keep Your House and Your Pride
    Sep-23-08 Dallas, TX A calm voice on the phone says, "Reed Allmand, how can I help you?" He is just wrapping up another call, but he'll be back in a moment. It is hard to say whether Texas bankruptcy lawyer Allmand was made for the times, or the times were made for Allmand. In any event, he is an experienced attorney with skills and services that many homeowner...
  • Green Building Expectations get Red Flag from Attorney Donald Murano
    Sep-22-08 St. Louis, MI The Green revolution in the construction business may have unintentionally laid the foundation for a wall of lawsuits. Donald Murano, an attorney with years of experience in the building industry, predicts that energy efficient, eco-friendly construction projects that fail to live up to promises and expectations will be buried in a pile of li...
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