We all know that there is no dearth of con artists working hard in unscrupulous businesses and industries across the country, seeking to take the hard-earned money -- indeed, the life savings -- of victims who are not constantly on guard against consumer fraud.
We duly note on a relevant page of our website at the national law firm of Shepherd, Finkelman, Miller & Shah, LLP, that our attorneys "have represented clients in a number of significant cases under the False Claims Act."
You get what you pay for, right?
It got caught cheating and continues to pay a price -- a very heavy price -- for that transgression.
As we note on a relevant page of our website at the results-driven national law firm of Shepherd, Finkelman, Miller & Shah, LLP, the seminal Dodd-Frank legislation has placed a strong spotlight on fraud in the securities industry in recent years.
On Friday, September 23, 2016, Yahoo Inc. ("Yahoo" or the "Company") was hit with three proposed class action lawsuits, two in California and one in Illinois, just one day after the Company announced it had been hacked in 2014. The Company revealed that over 500 million people had their personal information, including names, passwords, security questions and answers, dates of birth, email addresses, and telephone numbers stolen from Yahoo's online database. The Company believes that the hack was executed by a state-sponsored actor - in other words, an unidentified foreign government.
Often it is not an agent or department within the federal government that espies fraud that is stealing the money of American taxpayers.
Apparently it was just that simple.
As we note on our website at the long-tenured and broad-based business law firm of Shepherd, Finkelman, Miller & Shah, LLP, in Connecticut and with multiple offices elsewhere across the country, our lawyers provide knowledgeable and aggressive legal representation in whistleblower matters.
In light of the Consumer Financial Protection Bureau's proposal to ban arbitration clauses, U.S. District Judge Jed Rakoff recently denied Uber Technologies Inc.'s ("Uber" or the "Company") push for customers to arbitrate their claims with the Company.