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Posts tagged "Consumer Fraud"

New rule announced in response to consumer fraud, but will it last?

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.

Class: B of A Denied HAMP Modifications for Wronged Homeowners

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.

Feds intervene in health care fraud whistleblower lawsuits

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?

Legal loophole allows faulty air bags back into salvage vehicles

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.

Consumer fraud: Who is most vulnerable to investment scams?

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.