According to an investigation conducted by NBC10 Philadelphia into local nursing homes, eight out of ten elder care facilities in Philadelphia were non-compliant with infection control standards prior to the COVID-19 pandemic.
New Funding for Pennsylvania Victims of Sexual Abuse
Boy Scouts Declare Bankruptcy over Sexual Abuse Claims
Harrisburg Diocese Bankrupt Due to Child Sex Abuse
New Legislation Aimed at Helping Victims of Sexual Abuse
Last year, twenty-three states and the District of Columbia brought about changes regarding statute of limitations laws, giving victims of sexual assault more chances to have their voices heard. Statute of limitations laws have long hushed the voices of sexually violated people. However new legislation in various states could give victims of assault more options in a legal dispute.
What to Look for in Hiring a Financial Adviser
Jehovah's Witnesses Under Investigation for Sexual Abuse in Pennsylvania
Former Pro Baseball Player Wins $1.7M FINRA Award
According to his attorney, Lloyd Schwed, Mr. Angel Pagan, former outfielder for the New York Mets, Chicago Cubs, and San Francisco Giants from 2006 to 2016, had a four-year $40-million contract with the Giants when he and his wife opened an account in Merrill Lynch’s Puerto Rico office, and claimed they lost about $2 million when the Puerto Rican Bond market collapsed in the fall of 2013. ority Inc.’s BrokerCheck and the Securities & Exchange Commission’s Investment Adviser Public Disclosure sites.
FINRA Pushes Ahead with New "Bad Broker" Rule
New Jersey Extends Deadline For Clergy Abuse Claims
The Roman Catholic Church sex abuse scandal has continued to make waves in social media with numerous victims appearing to claim compensation for the help they deserve. New Jersey’s archdiocese has extended the deadline for childhood victims of clergy sexual assault to be considered for compensation.
Website to Help Investors Recognize "Trusted Advisors"
A new investment website is using regulatory data about financial consultants to go beyond securities regulators’ databases to help investors determine whom to hire. The Investor.com website just issued the “Trust Algorithm,” which is now available for unrestricted use. The tool scrapes background data on financial advisers retrieved from the Financial Industry Regulatory Authority Inc.’s BrokerCheck and the Securities & Exchange Commission’s Investment Adviser Public Disclosure sites.
PA Dioceses Pay $84M in Settlements
Seven out of the Pennsylvania’s eight dioceses initiated ”victim compensation funds” after the proceedings of a grand jury statement on sexual abuse by Catholic clergies. The payments were open to testimonies for a restricted time frame this year. They are independently allocated, despite each diocese establishing its own regulations on criteria.
How Brokers Violate Client Trust
Green & Schafle Honored by US News & World Report
Philadelphia Woman Charged in $100M Ponzi Scheme
An investment fund manager based in Philadelphia made headlines recently when she was arrested and charged in connection with an alleged $100 million securities fraud scheme, according to the US Attorney’s office based in Newark, NJ. The fund manager, Brenda Smith of Philadelphia, PA, was charged with several counts of wire fraud and one count of securities fraud. She was arrested in Philadelphia and charged in Newark.
Founding Partner Michael Schafle Honored by Best Lawyers
Arbitration for Aggrieved Investors Is Fast -- But Is It Fair?
The arbitration clause can be found in virtually all the account opening documents used by registered broker-dealers. Maybe your financial advisor or stock broker pointed it out to you — maybe not. Chances are extremely good, however, that you signed this clause and are now bound to resolve any disputes through arbitration.
Anxious About Finances and Investments? You're Not Alone.
According to the National Financial Capability Study, the majority of Americans — and especially millennials, minorities, and single women — have lost confidence and a feeling of stability when it comes to their personal finances. Remarkably, these feelings have arisen in spite of the fact that the economy has been steadily improving over the same period of time.
What to Do With An Injury Caused by Vaccine
After experiencing a shoulder injury from a vaccine, individuals can be left with feelings of confusion, frustration, and helplessness. Many individuals decide to take no legal recourse because they do not want to sue their pharmacist or family doctor that administered the vaccine. Others do not want to go through a legal process altogether for fear of the court system. Others simply do not know where to turn after experiencing a shoulder injury related to a vaccine.
Elder Abuse Rises as US Population Ages
As a vast sector of the US population reaches old age and the systems in place to supervise its care remain inadequate, instances of elder abuse will continue to rise. This includes not only the physical and emotional abuse of the elderly in nursing homes and care facility, but also financial exploitation and abuse at the hands of family, friends, caregivers, and financial advisors.