Former professional athletes have a knack of finding their way into serious trouble of the white collar variety. Certainly the few glaring examples are the exceptions to the rule and many former professional athletes go on to have productive careers in other endeavors. However, the most recent such trouble came from former Chicago Bears wide […]
READ MORESEC Enforcement Actions – No Discovery Rule Available to Extend the Statute of Limitations
The Supreme Court ruled yesterday that SEC enforcement actions against investment advisors must be filed within five years from the date of the alleged fraud, not from the date the fraud was discovered by the governmentwas discovered by the government. In Gabelli v. SEC, the SEC sought civil penalties against the chief operating officer and […]
READ MORESupervision Requirements Have Chilling Effect on Medicare Participation
Medicare billing can be a perilous, low-return, high-risk endeavor, with rules that sometimes seem less than logical and can readily trap the uninformed. Take, for example, the question of whether Medicare will reimburse post-doctoral clinical psychologists for psychotherapy services. Psychotherapy is a reimbursed service when it is provided by clinical psychologists. These “Psy. D’s,” as […]
READ MOREA Breath of Fresh Air: The Fairness in Disclosure of Evidence Act of 2012
Just like the freakishly warm weather that descended on the east coast recently, an unexpected breath of fresh air has blown in from, of all places, Washington. Apparently timed to coincide with the release of the report regarding the 2008 Stevens trial, Senator Lisa Murkowski on March 15th introduced the Fairness in Disclosure of Evidence […]
READ MOREWill Gunwalker export violations bust criminal investigation wide open?
A ‘Fast and Furious’ Conspiracy In 2010 a Border Patrol Officer, Brian Terry, was shot and killed close to the US/Mexican border in Arizona. An investigation into Terry’s death sparked a controversy which still rages beneath the surface. Writer and lawyer David T. Hardy wrote “Did Fast & Furious Violate the Arms Export Control Act?” […]
READ MOREThe Case of Salim Ahmed Hamdan
Salim Ahmed Hamdan’s Trip Through Hell Courtesy of the American Governmen With a wife and two daughters, Salim had to earn a living. Life in Yemen was hard. A compatriot told him about work opportunities in Afghanistan. Salim didn’t know that morning as he kissed his family goodbye that he wouldn’t see them again for […]
READ MOREScalia’s Death Row Lunacy
America killed a demonstrably innocent man and other than for a few small groups in Georgia, no one noticed. In August 1989, Mark MacPhail, an off-duty cop in Savannah, Georgia was working part-time as a security guard when he was shot and killed in a parking lot as he helped a homeless man being beaten […]
READ MORESEC Charges Former NAPFA President with Kickback Scheme
On May 20, the Securities and Exchange Commission charged James Putman the top executive at Wealth Management, LLC, an Appleton, Wisc.-based investment advisor, who was past president of the National Association of Personal Financial Advisors, with accepting $2 million in kickbacks on client investment pools. The company’s former president and chief investment officer, Simone Fevola, […]
READ MOREIncarceration Nation
The New York Times has news of an American milestone: For the first time in the nation’s history, more than one in 100 American adults is behind bars. It’s one thing to be tough on crime, and another to give the thumbs-up to a justice system that often treats black and Hispanic offenders much worse […]
READ MOREDumping and suing
Moin Yahya has posted The Legal Status of Dump and Sue. Here’s the abstract: There is some evidence that plaintiffs and their attorneys are profitably short-selling the stock of the companies they intend to sue. The status of such short sales is undecided in the law. Lawsuits against companies can cause large drops in market […]
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