Monthly Archives: January 2016

ATTORNEY NEWSLETTER The Potentially Pitfalls of the Annuity There’s a lot of contention surrounding the annuity, an increasingly common financial product as the population ages. Opinions range from embracing the product to utterly disavowing it. There’s one thing that both sides of the argument can agree on: the wrong annuity […]

ATTORNEY NEWSLETTER Endo Pharmceuticals and seven of its subsidiaries will pay $39 million to settle a whistleblower qui tam lawsuit alleging that the company manufactured and sold fluoride multivitamins containing less than half the labeled dosage. Fluoride is important to the dental health of children. Generally, we could find fluoride […]

ATTORNEY NEWSLETTER It’s important that seniors be aware of the possibility of investment fraud. They are often seen as valuable targets by potential scammers. Older people should be aware about the risks of investing in a new company or in a bank or insurance company. Elders are sometimes more vulnerable […]

Transamerica Corporation is an American holding company for a variety of investment and insurance firms. Transamerica Life Insurance Company markets to seniors and others interested in life insurance; supplemental health insurance; annuities and retirement services; and other investments. Transamerica makes attractive promises to policyholders and investors who have worked their […]

Many seniors are rightfully concerned about their financial futures and the legacies that they will end up leaving behind for their loved ones. It takes a lifetime of work to save up enough for retirement, and even with diligent savings, many seniors end up worried about how long their nest […]

The ING Group is a multi-national banking and financial services corporation offering life insurance, annuities and other financial products. ING has faced multiple lawsuits and allegations of various types of fraud, including allegations of accounting fraud and selling life insurance contracts that do not pay as promised. In 2012, ING […]

ATTORNEY NEWSLETTER Changing Annuities Rules May Even the Playing Field We’ve spoken a lot about the convoluted rules governing the financial products that are grouped under the name “annuities.” This moniker can cover a staggeringly wide variety of related products and categories, including deferred variable, indexed, and numerous other obscure […]

ATTORNEY NEWSLETTER The Ins and Outs of the Annuity Who’s paying for your annuity? If you own an annuity or are thinking or purchasing one, you probably know what’s supposed to happen with your money. You pay a lump sum up front, and the company you purchased it from guarantees […]

What Protections are guaranteed to Whistleblowers? A whistleblower is an employee who reports fraud executed by his or her company to the federal authorities or the authorities in California. To constitute a qui tam case, the company has to misappropriate the funds received by the government and the whistleblower has […]

Nursing Homes and Alzheimer’s Patients Elders can be the target of abuse in nursing homes. They are in a weak position and need someone take care of them for their daily life and medications. Sometimes, a nursing home employee may influence an elder and abuse them. The abuse could be […]