green and schafle

Fund Will Compensate New Jersey Victims of Clergy Abuse

Fund Will Compensate New Jersey Victims of Clergy Abuse

Victims of clergy abuse in New Jersey can look forward to the prospect of compensation for their suffering at the hands of Roman Catholic clergy thanks to the imminent opening of the state’s victims’ compensation fund.

Zimmer M/L Taper Hip Implant with Kinectiv Subject of New Litigation

Zimmer M/L Taper Hip Implant with Kinectiv Subject of New Litigation

Recently, Zimmer’s M/L taper hip with Kinectiv and Versys head has been the subject of product liability and personal injury litigation. Like similar hip implant systems from Wright, Johnson & Johnson, and Stryker, the Zimmer system has allegedly caused metallosis in some patients. So far, more than twenty lawsuits have been filed against the manufacturer.

High Costs, No Benefits, Potentially Dangerous: IVC Filters Under Fire

High Costs, No Benefits, Potentially Dangerous: IVC Filters Under Fire

A new study indicates what many within the healthcare industry have increasingly come to suspect about IVC (Inferior Vena Cava) filters: the device is not associated with a reduction in patient mortality. At the same time, the implantation of the filters during catheter-based lytic therapy procedures has significantly increased treatment costs. It seems patients and their insurance providers are paying a lot of money for very little in the way of results.

Is the Broker "Best-Interest" Rule in Your Best Interest?

Is the Broker "Best-Interest" Rule in Your Best Interest?

Investment advisors and financial advisors are held to different standards of accountability when it comes to the investments they make on behalf of clients. Investment advisors have long been held to what is called the "fiduciary standard." Find out what the difference means for you and your money.

IVC Filters May Be Ticking Time Bombs

IVC Filters May Be Ticking Time Bombs

A Texas jury recently awarded a plaintiff $1.2 million in damages for injuries suffered as a result of an faulty IVC filter implant system. Lawsuits against the manufacturers of unsafe filters continue to grow.

How Regulators - And YOU - Can Identify a "High-Risk" Broker

How Regulators - And YOU - Can Identify a "High-Risk" Broker

According to FINRA, while there is no airtight definition of a high-risk (yet), the regulatory body deploys a set of criteria to help identify these individuals and ratchet up the oversight on them. However you can use these criteria yourself to evaluate your own or a potential FA for excessively risky behavior.

Unpaid Awards Plague FINRA Arbitration Forum

Unpaid Awards Plague FINRA Arbitration Forum

Recently, FINRA created a task force to study the problem and discovered that, in the five years from 2012 through 2016, a total of 268 awards (27% of the cases where investors were successful) or $199 million in awards (29% of total damages awarded to investors) have gone unpaid, the report states.

Is Your Hip Replacement Poisoning You?

Is Your Hip Replacement Poisoning You?

Numerous lawsuit continued to be filed on behalf of patients who have suffered appalling injuries and medical conditions as a result of defective metal-on-metal hip implants. One of the most disturbing conditions that can arise from a faulty hip implant system is heavy metal poisoning.

FINRA Targets Rogue Brokers with History of Abuse

FINRA Targets Rogue Brokers with History of Abuse

The Financial Industry Regulatory Authority (FINRA) has released a serious of proposals aimed at implementing tougher supervisory protocols on brokers with a history of misconduct. Sponsoring brokerages would be forced to institute heightened supervisory measures on these brokers or be held responsible for any subsequent transgressions.

Ask Your Broker These Key Questions

Ask Your Broker These Key Questions

According to the Economic Policy Institute (EPI), undisclosed conflicts of interest between investors and advisors costs investors an estimated $17 billion per year. The EPI came to this estimate by calculating the amount of investment losses for people who bought retirement products on recommendation from advisors who were paid on commission; many of these products were either more expensive or risky than was absolutely necessary.