Tag Archives: Elder Financial Abuse

Settlement: Jackson National Life Insurance Agrees $24M Settlement In Elder Financial Fraud Class Action

June 25 2013
San Francisco, CA: A $25 million settlement has been proposed, which, if approved, would settle the proposed consumer fraud and elder financial abuse class action pending against Jackson National Life Insurance Co. The insurer has agreed to pay the settlement which would end the litigation and

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CORRECTED-U.S. SEC slams tycoon Wyly’s bankruptcy budget as ‘staggering’

Thu Oct 23, 2014 10:01am EDT

(Corrects SEC lawyer’s name from Dunn to Dodd in third
paragraph)
By Joseph Ax and Nate RaymondOct 22 (Reuters) – Texas tycoon Sam Wyly, who filed for
bankruptcy this week, is trying to exhaust his fortune through
exorbitant spending to impede the U.S.

Settlement: Verizon Unpaid Wages Class Actions Reach $15M Settlement

October 22 2014Los Angeles, CA: A $15 million settlement has received preliminary approval ending a wage and hour class action lawsuit brought against Verizon California Inc. In the California labor law class action, the plaintiffs claimed Verizon issued inaccurate wage statements that omitted crucial information making it impossible for

CORRECTED-U.S. SEC slams tycoon Wyly’s bankruptcy budget as ‘staggering’

Thu Oct 23, 2014 10:01am EDT

(Corrects SEC lawyer’s name from Dunn to Dodd in third
paragraph)
By Joseph Ax and Nate RaymondOct 22 (Reuters) – Texas tycoon Sam Wyly, who filed for
bankruptcy this week, is trying to exhaust his fortune through
exorbitant spending to impede the U.S.

Investigation: Blood Thinner Brilinta Under Investigation

October 22 2014Los Angeles, CA: AstraZeneca is facing a lawsuit brought by scientists who allege
consumer fraud on the part of the pharmaceutical company, specifically that it fudged the data in its late stage study of the blood thinner Brilinta. The allegations have led to a federal probe into

Apple says to keep evaluating distressed sapphire company GT Advanced

By Christina Farr

SAN FRANCISCO
Thu Oct 23, 2014 12:47pm EDT

SAN FRANCISCO Oct 23 (Reuters) – Apple Inc said on
Thursday it would keep evaluating its former supplier GT
Advanced Technologies’ progress on developing
sapphire production and also consider other options for its
plant in Mesa, Arizona.
“Apple