The American Journal of Managed Care published the results of a study concluding that there will be an increased number of people treated for cancer in the next decade, and that the related medical expenses will increase dramatically, even doubling in some areas. This will have a effect on people […]
Amex to Pay $85 Million in Refunds for Illegal Practices
The Consumer Financial Protection Bureau (“CFPB”) announced on October 1, 2012 that three American Express subsidiaries will refund $85 million to approximately 250,000 customers in connection with illegal credit card practices. An investigation found that at every stage of the consumer experience, from marketing to enrollment to payment to debt […]
Home Healthcare Provider to Pay $9 Million to Resolve Whistleblower Suit
CareAll Management, LLC (formerly known as Diversified Health Management, Inc.) and related entities have agreed to pay $9.375 million to the federal government to resolve a whistleblower suit filed under the False Claims Act. The complaint alleged that the defendants caused Medicare to pay out money through mistake of fact […]
CFPB Urged to Ban Overdraft Fees and Payday Loans on Prepaid Cards
The Consumer Financial Protection Bureau (“CFPB”) recently announced that it will issue rules to govern prepaid cards, a largely unregulated market targeted at unbanked consumers and those with spotty credit. Although prepaid cards claim to be “prepaid,” some permit purchases that exceed the balance or are used to deliver costly […]
Whistleblower Receives $104 Million Award for Exposing $20 Billion Tax Fraud Scheme
The Internal Revenue Service (“IRS”) awarded a former UBS banker an award of $104 million for his assistance in helping expose the fraudulent conduct of UBS. The whistleblower provided the federal government insider information about UBS’s illegal offshore banking scheme. The whistleblower award, known as a relator’s share, is believed […]
New York AG Announces $18 Million Settlement with Food Contractor
The State of New York Attorney General recently announced an $18 million settlement with food management services provider Compass Group USA, Inc. (“Compass”) for improperly overcharging New York schools and school districts. Compass secured discounts from food vendors with which it worked, but did not pass on those savings to […]
Mississippi Medical Equipment Company Settles Whistleblower Lawsuit for $1.8 Million
Pinnacle Medical Solutions, a Mississippi-based medical equipment company, has agreed to pay approximately $1.8 million to resolve a 2009 whistleblower lawsuit. The whistleblower lawsuit was brought by two former Pinnacle employees pursuant to the False Claims Act. The lawsuit asserted that Pinnacle defrauded government insurance groups out of money for […]
Asbestos Exposure Affects Children Living Near Asbestos Mines
Researchers in Australia are reporting that children who lived in an asbestos mining town decades ago are suffering greatly increased rates of malignant mesothelioma and other cancers and health conditions in adulthood. The town is Wittenoom, in Western Australia, where crocidolite (also known as “blue asbestos”) was mined from the […]
Documentary Exposes Business Interests’ Distortions of ‘The McDonald’s Case’
The documentary film, “Hot Coffee: Is Justice Being Served?” revisits the famous McDonald’s “spilled coffee” case and describes the propaganda about the case created by business interests. The documentary film chronicles how business interest groups such as the Chamber of Commerce and “tort reform” activists misrepresented the facts of this […]
Florida Regulators Investigating Force-Placed Insurance
The Florida Commissioner of Insurance announced an investigation into premium pricing and practices in the force-placed insurance market. Force-placed insurance is often purchased by banks when mortgage borrowers stop paying for their own homeowner’s insurance. Florida regulators announced that they will look into claims by consumer advocates that banks are […]
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“Forest, once again, my family and I thank you for obtaining another settlement on behalf of my Father. It’s almost uncanny that these checks seem to come at very opportune times. This one comes as we are expecting our fourth grandchild. It will provide her some sound footing towards her future college education, plus help Mom and Dad with the medical expenses. Sometimes, I think my Dad is helping you guys with this. Maybe so. Anyway, thank you again for your hard work.”
– Mike
