The past year-plus has been anything but kind to bank giant Wells Fargo, at least regarding its perception among the general public and how it has been faring from a public relations standpoint.
Class-action lawsuits have "been turned upside down" by the arrival of a long-awaited federal bill that many proponents hope will give little-guy plaintiffs more power and meaningful victories against large and obviously better-heeled business interests.
What might seem to be a good idea in the minds of business principals focused obsessively on profit can sometimes look a bit less salutary when viewed from the perspective of passed time.
A federal consumer fraud class action was recently filed against Bank of America, accusing the bank of fraud and unfair business practices. The class claims that, far from working to help desperate homeowners through the HAMP mortgage modification program, the banking giant worked to extract fees from them while scheming to take their homes anyway.
Whistleblowers play an important -- and often personally risky -- role in spotlighting and reducing corporate wrongdoing that occurs across the country and defrauds the general public in a material way.
What do you do if you are a billing employee for a health care entity in Connecticut or elsewhere -- a doctor's office, say, or a hospital, clinic, pharmacy, medical device maker, pharmaceutical manufacturer or other participant -- and you note an incongruity between a product or services code and what a patient or other party actually received?
National pharmacy chain giant Walgreen Co. employs some quite catchy word play to create an upbeat imagery-laden buzz about the company. Walgreens is, allegedly, "at the corner of happy and healthy."
We haven't heard very much in recent months about the federal government's largest auto product recall in history. It wasn't all that long ago that nearly every major news outlet had at least one headline offering up the latest bad news regarding Takata air bags. Age and the environment have not proven kind to certain models of these crash safety devices. As a result, many of them have come to be deadly defective products.
A federal judge says that a former qui tam whistleblower's voluntary decision to walk away from a fraud action he filed now "precludes him from clambering back on board for a share of the government's proceeds."
When many people in Connecticut and elsewhere conjure up images of victims susceptible to investment and other types of securities fraud, they might reasonably picture an isolated elderly person who lacks financial acumen, keeps money stashed around the house and is eager to talk with anyone who might call on the phone.