How to Sniff Out a Crooked Investment Scheme

How to Sniff Out a Crooked Investment Scheme

An investor gets introduced by mutual friends to a financial professional who almost immediately begins pitching the investor on an amazing opportunity. Because the investment professional seems like a good guy or gal, and because he or she was introduced by someone the investor already knows and trusts, the investor unconsciously transfers that sense of trust to the broker or hedge fund manager or mutual fund whiz. The investor’s guard is already down. What happens next?

Victims Sue for Church Records in Pennsylvania Sexual Abuse

Victims Sue for Church Records in Pennsylvania Sexual Abuse

The Catholic Church continues to deal with the fallout from this summer’s shocking grand jury investigation into allegations of rampant sexual abuse by clergy members in several dioceses throughout Pennsylvania. In the latest update, two survivors of alleged child sexual abuse have sued the Philadelphia Archdiocese in order to obtain records of misconduct by priests, along with their work histories.

Compensation Fund for Victims of Clergy Abuse Opens in Philadelphia

Compensation Fund for Victims of Clergy Abuse Opens in Philadelphia

The Philadelphia Diocese of the Catholic Church has announced that it has created a compensation fund for victims of clergy sexual abuse. The new reparations plan, announced yesterday, will be called the Independent Reconciliation and Reparations program, and will be run by a team responsible for a similar fund in New York.

How to Tell If A Potential Broker Is Good or Bad

How to Tell If A Potential Broker Is Good or Bad

One big reason brokerage firms severing ties with a particular broker is that investors tend to be loyal to brokers over brokerage firms. In defaming departing brokers, brokerage firms may be trying to pry departing customers away from their financial advisors in order to keep them for themselves.

Justice Depart Gets Involved in Pennsylvania Clergy Abuse

Justice Depart Gets Involved in Pennsylvania Clergy Abuse

The federal government has announced that it will be launched an investigation into the Roman Catholic dioceses in Pennsylvania involved in this summer’s shocking grand jury report into widespread abuse by clergyman over the past several decades.

Financial Scams Targeting the Elderly: A Growing Problem

Financial Scams Targeting the Elderly: A Growing Problem

As baby boomers hit retirements, bringing with them the largest amount of wealth a single generation has ever possessed, regulators at the Financial Industry Regulatory Authority (FINRA) and the Securities and Exchange Commission (SEC) foresee an ever growing number of financial scams designed to separate boomers from their hard-earned savings.

Essures Cases Now in Philadelphia Court of Common Pleas

Essures Cases Now in Philadelphia Court of Common Pleas

In spite of Bayer’s insistence, Federal Judge John Padova felt that state and local law ought to be applied to the Essure litigation, and returned the cases that had made their way into federal court to their original place of filing, Philadelphia. While Bayer’s attorneys certainly had a legal point in trying to remove the cases to federal court, the move was at least an equal amount strategic, since Philadelphia is well-known to be a plaintiff-friendly venue.

Pennsylvania Legislators Tangle Over Sex Abuse Law Reform

Pennsylvania Legislators Tangle Over Sex Abuse Law Reform

The bill that would open the window for claims passed the Pennsylvania House of Representatives last month and now awaits Senate review. There are only a few days left in this term for voting on the bill in Harrisburg, so Representative Rozzi of Berks County, who was raped by a priest, and his supporters have ramped up the pressure in Bucks County.

Brokerages Must Do More to Supervise Brokers with History of Misconduct

Brokerages Must Do More to Supervise Brokers with History of Misconduct

Broker-dealers are not doing enough to supervise brokers under their charge who have committed indiscretions in the past. According a recent report from the North American Securities Administrators Association (NASAA) based on its sweeping investigation covering 30 jurisdictions across the US, not nearly enough firms are putting brokers with a history of misconduct on “heightened supervision.”

Possible Sex Abuse Cover-up at Pennsylvania University

Possible Sex Abuse Cover-up at Pennsylvania University

Pennsylvania may not be done with massive sex abuse cover-up scandals. According to recent reports by the Associated Press and other media outlets, a Pennsylvania state agency has refused to release a report of sexual abuse by a high-ranking state university administrator.

How to Report Clergy Sexual Abuse in Pennsylvania

How to Report Clergy Sexual Abuse in Pennsylvania

Pennsylvania Attorney General handling the clergy sexual abuse scandal in the state has created a hotline for victims, and the phone is ringing off the hook. The office has received more than a thousand calls, following the naming of more than one thousand victims in the infamous August grand jury report describing widespread sexual abuse by Catholic priests throughout Pennsylvania.

Defective Hip Implant Crisis Goes International

Defective Hip Implant Crisis Goes International

While lawsuits by Americans continue to be filed and resolved over hip implant systems made by Johnson & Johnson and other huge corporations, in countries like the UK and India, where the implant systems are quite common, it has been much harder to obtain justice and compensation for victims.

Pennsylvania's Bishops Agree on Victim Fund for Sexual Abuse

Pennsylvania's Bishops Agree on Victim Fund for Sexual Abuse

In the aftermath of Pennsylvania’s massive Catholic diocese sexual abuse scandal, the state’s bishops have come together with a plan to compensate victims - but, it seems, potentially at the expense of other victims’ rights to pursue justice for themselves.

After Pennsylvania, Will New Jersey Be Next to Reveal Far-Reaching Sexual Abuse in Catholic Dioceses?

After Pennsylvania, Will New Jersey Be Next to Reveal Far-Reaching Sexual Abuse in Catholic Dioceses?

Many are wondering if a scandal of even greater proportions than in Pennsylvania will emerge in New Jersey, which has one of the largest populations of Catholics in the country. Attorney generals in New York and New Jersey have already set up hotlines for individuals who would like to speak with investigators and report instances of sexual abuse.