Tag Archive for New York Times

26 Sep 2012
Lawsuits • Videos

Mega-Church under Investigation for Sex Abuse Allegations

The New York Times reported a story on September 20th about the Victory Christian Center, a mega-church based in Oklahoma facing sex abuse allegations from some of its youngest parishioners. This isn’t the first time mega-church officials have been subject to such allegations.

According to the Times and other news sources, former employee Chris Denman was arrested for raping two girls-one 13 and the other 15 years old. Another former employee, Israel Shalom Castillo, was charged with making a lewd proposal to a child, and the daughter-in- law and son- in- law are charged with failing to report the assaults.

Most recently, Pastor Eddie Long of the New Birth Missionary Baptist Church faced similar allegations, which he settled with the accusers. The accusers in that case won a large settlement and avoided trial, but their lives have been forever altered because of what happened to them and the media scrutiny that came with the case.

Victims of these kinds of cases should know that litigation funding is an option, on both a pre-settlement and post-settlement basis. Trials can be long, tedious, and very expensive. Legal funding advances can help keep the plaintiffs afloat during a difficult time.

Written by Lulaine Compere.

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14 Sep 2012
Personal Finance

Fraud against Senior Citizens on the Rise

Elderly citizens are very susceptible to scams from shady characters, especially the financial and personal kind. That is why there are so many advisories from different organizations and different agencies dedicated to protecting elderly citizens from these types of dangers.

The world is becoming more digitized, and that means information can travel very quickly. One mistake can ruin a person’s life. The New York Times reported a story about this topic where they interviewed law enforcement officials and people familiar with this crime.

These crimes are just as bad as any Ponzi scheme Bernie Madoff ran because the results are the same. If elderly people do find themselves in this situation, there are ways to get justice. Many times elderly people have limited income and they do not have the funds to get what they deserve in terms of justice. Options like litigation financing are available, but the best way to avoid a scam is to not fall for one.

Written by Lulaine Compere.

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11 Sep 2012
Misc.

Children with Autism More Likely to Experience Bullying

The New York Times published a story about school bullies and children of autism. The story details the problems children with autism are facing when they are at school. According to a recent study, children with autism are three times more likely to be bullied than their non-autistic peers.

Bullying has taken on a whole new consciousness for people and society, moving from what was considered rough housing to an actual epidemic that needs to be stopped. Some parents have filed lawsuits against the schools and children who have harassed their kids.

School bullying is being dealt with legally these days and lawsuit funding can help with that. Lawsuit funding can make it possible for parents who feel the school and the parents of the bullies who have not done enough to prevent or stop the bullying to pursue justice. School districts have a lot of money and even with budget cuts coming down, they still have a large cache of money to tamp down what they might think are frivolous lawsuits.

Written by Lulaine Compere.

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29 Aug 2012
Lawsuits

Legal Liability at HSBC

The Deal Book blog which is part of the New York Times recently published a story about HSBC bank which has run into many legal problems since the recession.

The article details how much of a legal liability it has become in the face of investigations regarding money laundering and interest rate rigging. The lawsuits and investigations keep piling up for the bank and according to the article, it will not slow down.

Written by Lulaine Compere.

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27 Aug 2012
General Legal

Another Ponzi Scheme Exposed

Ponzi schemes can be devastating. They involve a level trust by the victims, the shrewdness of the schemer, and most of the time the schemer’s reputation. Ever since Bernie Madoff came forward with his $50 billion Ponzi scheme, it seems like the authorities have a new awareness towards hunting them down. As a result, the schemes are falling apart quicker.

The New York Times published a story about a Ponzi scheme that was focused in Spanish speaking immigrant communities in New York, New Jersey, and Florida. The Inversionistas Unidos, according to federal authorities, stopped issuing checks, closed their offices, and the owners have skipped town. The story details that some victims put their life savings in the company, with amounts like $140,000 and $250,000.

According to the article, the two people who ran the company-Liliana Henao and Oswaldo Patino-purposely depicted themselves as fellow immigrants that cared about the well-being of the investors and their families. They used language and cultural barriers to their advantage.

Written by Lulaine Compere.

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27 Aug 2012
Lawsuits

Asil Nadir Sentenced to 10 Years for Stealing

The New York Times published a story about Turkish Cypriot businessman Asil Nadir being sentenced to 10 years in prison for stealing $46 million from Polly Peck International. According to the story, Nadir fled the country when his company collapsed and investigations of fraud came up.

The shareholders of the company can probably sue him and get some of his assets liquidated to pay back what he stole. Lawsuit funding can help in these kinds of cases because it’s possible the victims don’t have the money to put up a good fight in court. Legal funding companies can advance funds to plaintiffs and lawyers who can use it to fight against well-heeled defendants.

Written by Lulaine Compere.

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21 Aug 2012
Misc.

Small Business Customers Report Inaccurate Water Bills

The New York Times reported a story about business owners who are complaining about their rapidly increasing water bills. Some owners even reported their bills increasing by a factor of 10. The owners are paying and complaining that the meter reads are inaccurate, but they are not getting a solution to the problem.

This problem may lead to a lawsuit by the owners against the city for unfair bill increases. Most of the owners are small businessmen who don’t have a lot of money to fight City Hall. They may want to look into legal funding, which can help even the odds by advancing money before the settlement pays out.

Written by Lulaine Compere.

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21 Aug 2012
Personal Finance

How Accurate are Criminal Background Checks?

The New York Times published an opinion piece about accuracy in criminal background checks. The article points out the different issues individuals may have when accuracy of what’s being reported comes to mind. There are already problems for people whose background checks contained issues that were found to be false. This can cause employment issues among others, which can take a very long time to rectify-but the damage has been done.

In the same article, it says there have been lawsuits against companies who have inaccurately reported background information. That is something people should be mindful of, because these days, many companies run background checks on potential employees. This is an issue that potentially affects anyone who applies for a job.

Lawsuit advance funding may help individuals in this situation, since taking on a big reporting company is no small task. Someone who is unemployed due to an error in their background check may need funding to help cover basic expenses while the litigation unfolds. Lawsuit funding can be in the form of an advance prior to (pre-settlement) or after (post-settlement) the case reaches conclusion.

Written by Lulaine Compere.

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21 Aug 2012
Personal Finance

Former Brokers Accuse JP Morgan of Favoring Own Funds

The Deal Book blog, a subsidiary of the New York Times, reported that former brokers say JP Morgan rigged the game so to speak by encouraging their funds over others.

The story points out that there may have been some fraud on JP Morgan’s part because their funds had weaker performances than others. This is another shot to the financial system that has seen scandal after scandal. This revelation is probably going to lead to another investigation which may lead to another lawsuit against the banks.

Written by Lulaine Compere.

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15 Aug 2012
Lawsuits

HCA Hospital Investigations

The New York Times published another story about HCA hospitals in recent days describing investigations about why the hospital is doing so many cardiac operations. The latest story goes into the history of the hospital and gives a possible explanation as to why the hospital maybe doing so many operations. In the story, they detail another problem HCA may be having in regards to bedsores on the patients, which in conjunction with the operations may end up leading to a very large lawsuit.

Written by Lulaine Compere.

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