Press Release – Parker Waichman LLP Comments: Court Orders Trump to Answer Racketeering Claims
Plaintiffs in a proposed class action lawsuit against former President, Donald J. Trump and others, previously filed in New York State Supreme Court in Brooklyn, received the Court’s permission today to amend their complaint to include a cause of action for alleged violations of “RICO”, the Racketeer Influenced and Corrupt … [Read more...]
Press Release – PW Decries Trump Administration’s Easing of Nursing Home Fines
Trump Administration’s Easing of Nursing Home Fines. Parker Waichman LLP, a personal injury firm dedicated to advocating on behalf of nursing home residents and their families, is outraged by the Trump Administration’s recent announcement that it will reduce the use of citations and fines against nursing and rehabilitation facilities … [Read more...]
Takata Fines And Settlement In Airbag Case Come To $1 Billion
Takata Plead Guilty In Court As Part Of A Settlement Of Charges. On February 27, 2017, Takata Corporation pled guilty in U.S. federal court to a felony charge as part of a $1 billion settlement of charges stemming from its faulty airbag inflators. The proposed settlement includes compensation funds for automakers and victims of the … [Read more...]
Maryland Fines CareFirst $400,000
Regulators Imposed Fine On CareFirst Violations. Maryland insurance regulators have imposed a $400,000 fine on CareFirst Blue Cross Blue Shield for violations that include wrongfully denying claims and failing to process a majority of HMO claims within 30 days. The state charged that in one case, CareFirst denied a claim 169 days … [Read more...]
Judge Fines Ford for Hiding Evidence
A Judge Ordered Ford To Turn Over Safety Data On Its Passenger Vans. A federal judge on Tuesday ordered Ford Motor Co. to turn over safety data on its 15-passenger vans information the company has claimed doesn't exist and fined the automaker for concealing evidence, a plaintiffs attorney said. The world's second-largest automaker … [Read more...]
Piper Jaffray Agrees To Pay $32.5M In Fines
Piper Jaffray Agreed To Pay Fines. Piper Jaffray, the investment banking unit of U.S. Bancorp, agreed Monday to pay $32.5 million in fines to settle allegations that it misled customers with biased stock research. The deal, which also includes sweeping industry reform measures, is designed to end a damaging year of … [Read more...]
Wall St. Faces $1B In Fines
Wall St. Firms Could Face Fines. C that firms would pay to end probes into allegations of tainted stock research. The fines have been given out on a tiered system with Merrill Lynch's $100 million settlement, announced in May, as the benchmark, according to sources involved in the negotiations. Merrill settled … [Read more...]
Wall St. Fines May Go to Restitution Fund
Wall St. Fines Could Go To Restitution Fund For Investors. Fines paid by Wall Street firms as part of a "global settlement" with securities regulators could go to a restitution fund for individual investors who lost money by following Wall Street stock recommendations, sources familiar with the settlement talks said. The … [Read more...]
State Fines Qwest
Qwest Misbilling And Switching The Long-Distance Service. State regulators fined Qwest Communications $20.3 million on Thursday for misbilling and switching the long-distance service of thousands of California customers without their permission. The fine, the latest effort by California regulators to crack down on … [Read more...]
