Monthly Archives: January 2019

ATTORNEY NEWSLETTER Beware the Hard-Sell Free Steak Dinner High Pressure After a Free Meal Seniors and retirement investors grow anxious in a volatile stock market. Insurance agents seize on that anxiety to push annuities and life insurance as “safer” investments for the future.  One sales tactic is to offer a […]

ATTORNEY NEWSLETTER Police Offer Reward In Response To Gruesome Attack On Senior Law Enforcement Moves Against Abusers Preying On The Elderly The San Francisco Police Department is really targeting the heinous crime of elder abuse. Earlier this week, we wrote of a combined law enforcement action that nabbed several persons […]

ATTORNEY NEWSLETTER Whistleblowers and State Tax Fraud California Missing Out It’s high time California allowed whistleblowers to bring false claim suits for unpaid State taxes or provided for whistleblower awards for tax fraud tips. As matters currently stand, California tax laws violations are excluded from the California False Claims Act. […]

ATTORNEY NEWSLETTER Caregivers and Financial Elder Abuse Keep Valuables and Important Papers in a Safe Place Whenever a stranger is in an elderly person’s home or nursing home room, the senior’s valuables are at risk of theft. Unscrupulous caregivers strike quickly and it may be some time before the senior […]

ATTORNEY NEWSLETTER Seniors: Watch Out for Fraud by Financial Advisors, Insurance Agents, and Stock Brokers If You’re a Victim, We Can Help Unscrupulous insurance agents, financial and investment advisors, retirement planners, and stock brokers prey on seniors in particular. After all, seniors hold 1/3 of the nation’s wealth. Seniors may […]

ATTORNEY NEWSLETTER Securities and Exchange Commission Pays Out Millions in Whistleblower Awards Whistleblower information about securities law violations is one of the most powerful weapons protecting consumers from securities fraud in this country. Through their knowledge of the circumstances and individuals involved, whistleblowers help authorities identify possible fraud and other […]

ATTORNEY NEWSLETTER FINRA Concerns With L Share Annuities L Share Variable Annuities are a type of variable annuity where the surrender charge period under the contract is shortened to three or four years but administrative fees and mortality expense rates are higher. L-Shares are also often sold with long-term riders […]

ATTORNEY NEWSLETTER Financial Exploitation of Seniors Financial Elder Abuse from Caregivers, Insurance Agents, Advisors and More Financial exploitation of aging adults, particularly those with Alzheimer’s disease or other types of dementia, is a rampant form of elder abuse on seniors. These crimes are so widespread today that elder financial abuse […]

ATTORNEY NEWSLETTER Annuities Are Expensive, Complex, and Illiquid Big Fees, Modest Yields, and Withdrawal Charges Annuity carriers and agents use fear tactics to push annuities. One agent recently claimed on the radio that “It could take a lifetime to make up your losses in the stock market.”  Not really.  The […]