Corporate America needs protection from trial lawyers!? So goes the tort reform mantra. Trial lawyers are victimizing corporations; which is causing job loss; which is ruining the economy; which is leading to higher prices; which is causing Wall Street uncertainty; which is leading to all around chaos. I have worked […]
Category: Corporate Fraud
As I have written many times before, I believe in the jury system, but it requires a well-informed jury, given all the facts and evidence, to arrive at a just decision. Based upon my own research and the below discussion, I must conclude that, more likely than not, the jurors […]
“Quid pro quo” happens in business all the time. You scratch my back, I’ll scratch yours. Usually, the exchange is relatively even and the result doesn’t really cause any harm to anyone… or at least any harm of real consequence. But, give me a million dollars for my “quo” and […]
Wow, the federal regulatory agency, Federal trade Commission (FTC), has taken a firm stand on products that promise “a better way to a better butt”. The FTC has reached a settlement with shoemaker, Reebok, over its claims concerning the popular EasyTone shoes. I must confess that until reading the article […]
Big Tobacco is not only finding it hot in the great State of Florida, but also in the great State of Connecticut as well. There, a federal court judge, Hon. Stefan Underhill, was asked by RJ Reynolds to overturn a jury verdict for the plaintiff in the amount of $28 […]
Not a week goes by without a headline reporting on yet another settlement between a multi-national pharmaceutical company and state or federal prosecutors. Medical device manufacturers are often also frequently subject to similar prosecutions. While it is laudable that governmental authorities are finally taking action against chronic wrongdoers, the frequency […]
Please just take a moment to concentrate. Close your eyes and try to imagine that you are lying back in a bed. This bed has not had the bed clothes changed for a while and you are currently laying in feces and urine because you are not able to get […]
Imagine you own a home – free and clear—no mortgage, no liens, it is all yours. Imagine you are advised that a bank has shown up at your property to foreclose on “their” mortgage and take possession of your property. Just a mistake, right? You talk to the company, they […]
Imagine you are in an automobile accident that was not your fault. Tragically, you are severely injured. Imagine you will require at least 6 to 8 months of surgeries and intensive rehabilitation before you have any hope of returning to work. Imagine that your injuries are permanent; the doctors can […]
Legislation to Permit Insurance Companies to Act in Bad Faith What is “bad faith”? An insurance company has an obligation to deal fairly with their policyholders – they must deal in good faith. If an insurance company acts in its own best interests and not in its insured’s best interests, […]
