Category: Bay Area

ATTORNEY NEWSLETTER New FINRA Rules Aim to Curb Financial Elder Abuse FINRA fines for the financial industry tripled in 2015, to over $18 million. Many attribute the increased fines to a new focus on Suitability requirements, which are designed to make brokers and financial planners take into account how the […]

ATTORNEY NEWSLETTER How Can We Protect Seniors From Financial Abuse? Elder abuse is seen by con artist as an easy crime to get away with, especially when the victims suffer from cognitive decline or memory loss. Moreover, the scammer may come from anywhere: a total stranger who pretends to give […]

ATTORNEY NEWSLETTER Unclaimed Property in Life Insurance Policy Usually, insurers do not have to research whether the insured passed away and give the payment to the beneficiary. But in the case of annuities, insurance companies routinely check the social security death database, and when one of their annuitants has died, […]

ATTORNEY NEWSLETTER Johnson & Johnson settles baby powder cancer lawsuit for $72 million In a major consumer rights case, where a woman with ovarian cancer alleged that her condition was due to the use of Johnson & Johnson talcum based products, including baby powder and Shower to Shower, the defendants […]

ATTORNEY NEWSLETTER New FINRA Rules aim to protect victims of Financial Elder Abuse FINRA, the Financial Industry Regulatory Authority, is planning to roll out a new set of rules aimed at curbing the financial abuse of elders, which has become an increasing problem in the last few decades. Theft, scams, […]

ATTORNEY NEWSLETTER Allianz Life Insurance reports record profits in 2015 The Background The years since the Great Recession have been hard for a lot of people. Stagnant wages, lost jobs, and loss of benefits and insurance. People have had to cut unnecessary expenses out of their budgets and focus on […]

ATTORNEY NEWSLETTER IRS Whistleblowers Protection Currently, IRS whistleblowers don’t have a legal protection against retaliation even though this protection exists under other whistleblower award programs. Without protection against retaliation, whistleblowers may face physical harm or damages to economic interests. But in most cases, they could lose their job because they […]

ATTORNEY NEWSLETTER Whole Life vs. Term Life Policies One major decision to make when you’re planning on buying life insurance is the decision to get whole or term life. The names are pretty self-explanatory: whole life covers you for your entire life, term life only does so for a pre-determined […]

Another elder abuse case in the San Mateo County A businessman convinced a 92-year-old woman to invest more than $144,000 in his company. Apparently, he used the money to pay the rent for his office and to go on vacations. However, the businessman pleaded not guilty to elder abuse charge. […]

ATTORNEY NEWSLETTER Legal Issues Surrounding an Aging Population Many of the major shifts in American society in the last half century can be attributed, directly or indirectly, to the baby boomer generation. It’s been known for years that as that generation ages, it will lead to major changes in employment, […]