new jersey

Arbitration for Aggrieved Investors Is Fast -- But Is It Fair?

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.

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

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

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.

Do Americans Trust Vaccines? Should They?

Do Americans Trust Vaccines? Should They?

Recent articles and reports about the Vaccine Injury Compensation Program have given anti-vax supports a new thread to pull on.  Their belief is that, if vaccines do not cause harm, then why is there a governmental program designed to compensate vaccine injuries?  In addition, if vaccine injuries are rare, how has the government paid out over $4 billion to vaccine injured victims?   

The Benefits and Costs of Vaccinations

The Benefits and Costs of Vaccinations

On June 18, 2019, Pam Belluck and Reed Abelson from the New York Times published an article addressing the question of whether the existence of the National Vaccine Injury Compensation Program signaled that vaccines are unsafe. The authors begin their article by noting that over 6,600 claims have been compensated in the Vaccine Program since its inception, and the correlating payouts have totaled over $4 billion.

Elder Abuse Awareness Day

Elder Abuse Awareness Day

Elder abuse is everywhere, though; not just on the news. One of the reasons for the growing problem is that the largest and wealthiest generation in American history — the Baby Boomers — have retired and are aging. Meanwhile, their children and grandchildren may be struggling. This is a recipe for disaster and exploitation that regulators and legislators have been working diligently to solve before it gets any worse.

DTaP Vaccine Weakens Over Time, Necessitating Need For Booster Shots

DTaP Vaccine Weakens Over Time, Necessitating Need For Booster Shots

A recent study shows that the modern vaccine for whooping cough becomes less effective as children age highlighting the need for new vaccines to protect children from the highly contagious disease.  

SEC's New Best Interest to Protect Investors from Bad Brokers

SEC's New Best Interest to Protect Investors from Bad Brokers

The Securities and Exchange Commission (SEC) adopted a rule to protect investors from bad brokers. The “Regulation Best Interest” (or BI) is the SEC’s answer to the Obama administration’s planned “fiduciary rule,” which the Trump administration killed. But will the Best Interest rule really be in the best interest of investors?

SEC Philadelphia Office Opens Program to Help Senior Investors Avoid Scams

SEC Philadelphia Office Opens Program to Help Senior Investors Avoid Scams

In an upcoming program directed at the general public, the SEC Philly office, in conjunction with the Financial Industry Regulatory Authority (FINRA), the Pennsylvania Department of Banking and Securities, and Temple University’s Institute on Protective Services, will share the latest on the products, strategies, and scams that most affect elderly investors.

Vaccine Court Compensates Individuals For Vaccine Injuries

 Vaccine Court Compensates Individuals For Vaccine Injuries

From 2013 to 2017, the vaccine program has paid out an average of $229 million a year to injured victims and their families, with the average payment approximating $430,000.  As America enters the worst measles outbreak since the disease was declared eradicated two decades ago, it is worth examining this rarely talked about element of vaccination requirements.  The Vaccine Injury Compensation Program has long percolated at the heart of misinformation and misunderstanding. It also raises questions about where large sums of tax money are flowing.

Firm Partners Honored as Super Lawyers

Firm Partners Honored as Super Lawyers

Green & Schafle are proud to announce the firm partners Adam Green and Michael Schafle have once again been named Super Lawyers in Pennsylvania. Both attorneys have enjoyed the honor, reserved for lawyers who have demonstrated excellence in the practice of law, for almost a decade.

More than 300 New Jersey Clergy Accused of Sexual Abuse

More than 300 New Jersey Clergy Accused of Sexual Abuse

For decades, leaders of the Roman Catholic dioceses of New Jersey remained silent on allegations of abuse by clergy members. But this month, the truth will out. Five archdioceses in New Jersey have begun to divulge information related to abuses that stretch back nearly one hundred years. They are finally naming names.

FINRA Cracks Down on Bad Brokers, Small Firms

FINRA Cracks Down on Bad Brokers, Small Firms

Securities industry regulatory body, FINRA (the Financial Industry Regulatory Authority), released its proposal for a rule that would crack down on firms with a high concentration of “bad” brokers. With its latest regulatory notice, FINRA stated that it would increase oversight of brokerages with a “significant history of misconduct,” requiring them to set aside additional funds that cannot be withdrawn without FINRA’s consent.

When Your Broker Departs

When Your Broker Departs

The financial industry self-regulator, FINRA, issued a new regulatory notice today aimed at broker-dealers with departing brokers. The notice was intended to urge broker-dealers to be more clear and forthright with customers about departing brokers and what will happen to the customers’ accounts. If you’ve ever been in the situation where your broker has either left for another firm, left the industry, or passed away, you understand just how confusing things can get when it comes to who will be handling your investments and why.

'Trust But Verify' When It Comes to Friendly Advisor Recommendations

'Trust But Verify' When It Comes to Friendly Advisor Recommendations

In many cases, the operators of financial frauds and Ponzi Schemes the world over rely on people who have already been duped to bring in new suckers. Of course, the ones touting the services of a particular fraudster have no idea they’ve not only been deceived, but that they are helping weave an even larger web of deception. While it’s appealing to let others pick your advisor for you, the best thing to do is ‘trust but verify’ all financial opportunities.

FDA Issues Statement About Unsafe Medical Device Materials

FDA Issues Statement About Unsafe Medical Device Materials

The FDA announced that in the future it would be looking more closely at a range of medical devices and products — along with the materials they’re made from — that have caused the most trouble for consumers in recent years. The agency singled out breast implants, metal-on-metal hip replacement systems, and the components of birth control implant system Essure. Most strikingly, the announcement targeted not just the final products manufactured by medical device companies, but the materials they used to make the products.

Warren Wants FINRA to Toughen Broker Expungement Rules

Warren Wants FINRA to Toughen Broker Expungement Rules

Sen. Elizabeth Warren, a Democrat from Massachusetts who recently announced she would be running for president, urged the CEO of the securities industry self-regulator, FINRA, to toughen new rules controlling the expungement of incidents on the permanent records of financial professionals.

NJ Catholic Church Names Names of Clergy Accused of Abuse

NJ Catholic Church Names Names of Clergy Accused of Abuse

For decades, leaders of the Roman Catholic dioceses of New Jersey remained silent on allegations of abuse by clergy members. But this month, the truth will out. Five archdioceses in New Jersey have begun to divulge information related to abuses that stretch back nearly one hundred years. They are finally naming names.