Texas Lawyers Blog

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The Texas Lawyers Blog provides useful information on the law and Texas lawyers. For more information on this Blog or a legal topic, please feel free to submit an inquiry or send an e-mail message to blog@texaslawyers.com

Monday, July 30, 2012

Texas Defective Seat Belt Crash Lawyer and Texas Defective Seat Belt Car Wreck Lawyer Investigates Defective Seat Belt Car Wrecks and Defective Safety Restraint Catastrophic Injury and Fatal Crashes

A Defective Seat Belt Can Cause Death or Serious Injuries for Those in An Automobile Accident: Automobile Manufacturers Can Often Be Held Liable For Defective Seat Belts and Defective Safety Restraints That Cause Accident Deaths, Single Vehicle Accident Deaths, and Fatal One Car Crashes by Texas Defective Seat Belt Crash Lawyer and Texas Defective Seat Belt Car Wreck Lawyer Jason S. Coomer

Defective Safety Belts, Shoulder Belts, and other restraining safety devices in an automobile can cause catastrophic injuries or even death to a driver or passengers during an automobile crash.  Because seatbelts have a variety of moving parts, it is important to understand how the moving parts work and if each of the parts are working correctly when investigating a defective seat belt fatal accident or defective seatbelt catastrophic injury car crash.  This investigation should look at the overall design of the restraint devices in the vehicle and compare it to the injuries sustained by the driver and passengers as well as determine if any individual part of each safety belt, should belt, child safety seat, airbag, and other safety devices were working properly.

Typically, defective seat belt lawsuits and defective safety restraint device lawsuits can be broken down into many categories of defects. For more information on defective seat belt crash investigations and other failed safety restraint car crash investigations, please go to the following web page:  Texas Defective Seat Belt Crash Investigation Lawyer and Texas Defective Seat Belt Car Wreck Lawyer or send an e-mail to Texas Defective Seat Belt Crash Lawyer and Texas Defective Seat Belt Car Wreck Lawyer Jason Coomer.  

Sunday, July 29, 2012

Texas Fiduciary Duty Lawsuits Can Arise From Business Relationships, Guardianships, Trusts, Powers of Attorney, Probate, and other Fiduciary Relationships by Texas Breach of Fiduciary Duty Lawyer and Austin Texas Fiduciary Duty Lawyer

Texas Breach of Fiduciary Duty Lawyer Jason S. Coomer Handles A Variety of Texas Breach of Fiduciary Duty Lawsuits Including Texas Trustee, Executor, Guardian, Business Executive, Financial Advisor, Board of Director, POA, and Administrator Breach of Fiduciary Duty Lawsuits by Texas Breach of Fiduciary Duty Lawyer and Austin Texas Fiduciary Duty Lawyer Jason S. Coomer

Texas Breach of Fiduciary Duty Lawyer Jason Coomer handles Texas breach of fiduciary duty lawsuits where Texas Executors, Texas Trustees, Texas Business Executives, Texas Financial Advisors, Texas Guardians, Texas Lawyers, Texas Accountants, or other persons or entities have breached their fiduciary duty causing plaintiffs to suffer damages.  As a Texas breach of fiduciary duty lawyer, he also represents executors, administrators, trustees, guardians, business executives, persons holding powers of attorney, and other persons or entities that have been accused of breaching their fiduciary duty.

To prevail on a breach of fiduciary duty claim under Texas law, a plaintiff must first prove the existence of a fiduciary relationship between the plaintiff and the defendant. See Lundy v. Masson, 260 S.W.3d 482, 501 (Tex. App.—Houston [14th Dist.] 2008, pet. denied). “[A] fiduciary duty arises out of agency law based upon a special relationship between the two parties.” In re Bass, 113 S.W.3d 735, 743 (Tex. 2003) (orig. proceeding) (citing Johnson v. Brewer & Pritchard, P.C., 73 S.W.3d 193, 200 (Tex. 2002)); see also Shands v. Tex. State Bank, 121 S.W.3d 75, 77 (Tex. App.—San Antonio 2003, pet. denied) (stating that an agency relationship creates a fiduciary relationship as a matter of law). An agent is a person who is authorized to act for another and is subject to the control of the other. SITQ E.U., Inc. v. Reata Rests., Inc., 111 S.W.3d 638, 652 (Tex. App.—Fort Worth 2003, pet. denied) (noting that agency is generally a question of fact and that the trial court, as factfinder, was free to resolve any inconsistencies in the conflicting testimony to support its implied finding of agency). “Texas law does not presume agency, and the party who alleges it has the burden of proving it.” IRA Res. Inc. v. Griego, 221 S.W.3d 592, 597 (Tex. 2007); Tex. Cityview Care Ctr., L.P. v. Fryer, 227 S.W.3d 345, 352 (Tex. App.—Fort Worth 2007, pet. dism’d) (same). 
      
For more information about Texas Breach of Fiduciary Duty Lawsuits, please feel free to go to the following web page:Texas Breach of Fiduciary Duty Lawyer and Austin Texas Fiduciary Duty Lawyer

Saturday, July 28, 2012

Retirement Community Employees and Retirement Center Health Care Providers Can Receive Large Rewards For Exposing Medicare Fraud Schemes Including Billing for Services Not Provided, Double Billing, and Illegal Kickbacks by Texas Home Health Care Fraud Lawyer, Texas Retirement Community Fraud Lawyer, & Medicare Home Health Care Fraud Whistleblower Lawyer Jason S. Coomer

Medicare Home Health Care Fraud, Medicare Illegal Kickbacks, and other Medicare Fraud Schemes At Retirement Communities Are On The Rise Costing Millions and Depriving Seniors of Essential Health Care by Texas Home Health Care Fraud Lawyer, Texas Retirement Community Fraud Lawyer, & Medicare Home Health Care Fraud Whistleblower Lawyer Jason S. Coomer

Medicare home health fraud in retirement communities is on the rise as some health care providers and businesses running large retirement communities are using Medicare billing fraud and Medicare kickback schemes to bill Medicare for services that are not provided and take advantage of seniors.  These fraudulent home health care service schemes and retirement community Medicare fraud schemes can be difficult to detect and it often will take a home health care service employee or retirement center employee to blow the whistle on the home health care Medicare fraud scheme or home health care Medicaid scheme.  

As such, the United States Department of Justice and Texas Home Health Care Medicare Fraud Lawyer, Jason S. Coomer, are encouraging Home Health Care Medicare Fraud Whistleblowers and Retirement Community Fraud Whistleblowers with evidence of systematic Home Health Care Medicare fraud or Retirement Community Medicare fraud to step up and blow the whistle on Medicare fraud schemes. 

USDOJ: Second Owner of Houston-area Home Health Care Agency Sentenced to 108 Months in Prison for Role in $5.2 Million Medicare Fraud

"The former co-owner of a Houston-area home health care company was sentenced in Houston to 108 months in prison for his participation in a $5.2 million Medicare fraud scheme, announced the Department of Justice, the FBI and the Department of Health and Human Services (HHS).   Princewill Njoku, a former co-owner and administrator at Family Healthcare Group, was sentenced yesterday by U.S. District Judge Nancy Atlas in the Southern District of Texas to 108 months in prison, followed by three years of supervised release.   Njoku was ordered to pay $5.1 million in restitution jointly and severally with his co-defendants.   In January 2011, Njoku pleaded guilty to one count of conspiracy to commit health care fraud, one count of conspiracy to pay illegal kickbacks to patient recruiters and sixteen counts of paying such illegal kickbacks." 

For more information on a being a Medicare Home Health Care Fraud Whistleblower or Retirement Community Health Care Fraud Whistleblower that could be entitled to a large recovery for exposing systematic Medicare Home Health Care Fraud or Medicaid Home Health Care Fraud, please feel free to contact Medicare Home Health Care Fraud Lawyer Jason Coomer via e-mail message or go to the following web page: Texas Home Health Care Fraud and Retirement Community Fraud Whistleblower Lawsuit Information.

Monday, July 23, 2012

Libor Pension Fund Lawsuits: Investors may shun big Libor lawsuit and go it alone | Reuters

Many Investors Including Pension Funds Are Reviewing Libor Pension Fund Lawsuits by Texas Libor Pension Fund Lawyer and Texas Libor Fraud Investor Lawyer Jason S. Coomer

Many financial investors that have lost money from the fraudulent Libor interest rate manipulation scheme are reviewing their legal options to recoup damages.  These investors include pension funds, municipalities, and other investors that suffered fraudulently low interest rates because of the Libor fraud scheme. 

Analysis: Investors may shun big Libor lawsuit and go it alone | Reuters


"The stakes are rising in lawsuits against big banks over allegations they rigged benchmark interest rates, as some large investors may opt out of a massive class action and strike out on their own. Competing lawsuits could drive up the legal costs for the banks, which are accused of colluding to manipulate the global benchmark Libor rate that sets prices on $350 trillion of derivatives and other financial products."

"Opting out of class actions can bring huge rewards for plaintiffs. For instance, the state of Alaska said in 2007 that its $60 million securities fraud settlement with Time Warner Inc was 50 times what it would have recovered as part of a class action against the company. The case involved allegations that the media company misled investors about AOL, with which it merged in 2001. Under a class-action settlement, Time Warner agreed to pay $2.65 billion. Opt-out settlements cost it at least an additional $795 million, according to Oakbridge Insurance Services, which provides executives with liability coverage."

"Still, going it alone can be risky -- there is no guarantee that a plaintiff will be more successful alone than suing as part of a class. The Libor-rigging case also could drag on for years, and opting out could be prohibitively expensive for all but the wealthiest investors, such as insurance companies and large pension funds."

"Attorneys who represent a class work on a contingency basis. Plaintiffs who opt out would need large potential claims to attract their own contingency-fee lawyer. If not, they'd need the money to pay for legal counsel."


For more information on Libor Pension Fund Lawsuits and other Libor Fraud Investor Lawsuits, please feel free to contact Texas Libor Pension Fund Lawyer and Texas Libor Fraud Investor Lawyer Jason S. Coomer.

Sunday, July 22, 2012

Texas Joint Venture Lawyer, Texas International Business Lawyer, & Texas Partnership Lawyer Jason S. Coomer Represents Texans and Businesses & Individuals Doing Business in Texas

Texas Joint Ventures and Texas Businesses Are Attracting International Investors and International Investment: International Business Partners Should Seek Advice From A Texas Joint Venture Lawyer When Forming An International Texas Joint Venture, Texas Partnership, or Texas Business by Texas Joint Venture Lawyer, Texas International Business Lawyer, and Texas Partnership Lawyer Jason S. Coomer

A Texas joint venture is a vehicle for the development of a business opportunity by two or more entities acting together.  An international Texas joint venture includes an international entity in the business venture and can add additional legal issues to the formation, management, and dissolution of the joint venture.  There are many types of Texas international joint ventures including Texas oil & gas exploration joint ventures, sales and distribution joint ventures, franchise agreements, licensing agreements, collaborative research and development joint ventures, and supply chain manufacturing and distribution joint ventures.  These international Texas joint ventures allow businesses and investors to work together in sharing business obligations, liabilities, risks, and rewards to achieve common business goals.

An International Texas Joint Venture Can Be Structured In Many Different Ways: By Working with an International Texas Joint Venture Lawyer Joint Venture Entities Can Often Avoid Future Problems Including Joint Venture Liability and Dissolution Issues

A Texas joint venture may be structured as a corporation, general partnership, limited partnership, limited liability partnership, limited liability company, trust, contractual arrangement, or any combination of such entities and arrangements.  By working with an international Texas joint venture lawyer, the joint venture entities can often work out many potential issues in the formation of the joint venture that can prevent future litigation and disputes.  Some key formation issues that typically need to be addressed are management control, ownership of intellectual property, accounting issues, liability issues, and dissolution issues.

International Texas Joint Venture Lawyer Jason S. Coomer works with Texas businesses, Texas Investors, International Investors, and International Businesses to set up, negotiate, and maintain Texas joint venture businesses, Texas partnerships, and Texas international businesses.  He also represents businesses, investors, shareholders, and partnerships in Texas business litigation including Texas oil business litigation, Texas international business litigation, and other Texas business litigation

For more information on this topic, please feel free to contact Texas International Joint Venture Lawyer and Texas International Partnership Lawyer Jason Coomer or go to the following web page:  Texas Joint Venture Lawyer and Texas International Joint Venture Lawyer.

Saturday, July 21, 2012

Some Drugs and Medications Including Antidepressants Can Cause Neural Tube Birth Defects, Spina Bifida Birth Defects, Cleft Lip and Palate Birth Defects, and other Birth Defects by Texas Birth Defect Lawyer and Texas Drug Birth Defect Lawyer Jason S. Coomer


Neural Tube Birth Defects, Spina Bifida Birth Defects, Cleft Lip and Palate Birth Defects, and other Birth Defects Are on The Rise As Many Pregnant Women Have Been Given Drugs That Increase the Risk That Their Children Will Suffer Birth Defects by Texas Birth Defect Lawyer and Texas Drug Birth Defect Lawyer Jason S. Coomer


A growing body of evidence indicates that several drugs and medications, if used during pregnancy, may cause serious birth defects.  These drugs include Topamax, Depakote, and several selective serotonin-reuptake inhibitor SSRI antidepressants.  Selective serotonin reuptake inhibitors (SSRIs) are commonly used as antidepressants. Drugs included in the SSRI class are Prozac, Zoloft, Paxil, Symbyax, Celexa, Cymbalta, Effexor and Lexapro.

These drugs may cause birth defects and developmental problems if taken during pregnancy.  Some potential birth defects and developmental problems include neural tube birth defects, spina bifida birth defects, heart defects, cleft palates, cleft lips, clubbed feet, as well as other malformations and developmental problems.  Many of these drugs have been strongly marketed by the drug companies and are commonly used to treat depression and other disorders. 
It is vitally important that mothers that have been placed on drugs while pregnant and that have had a child with a birth defect report the adverse event to their doctor and the FDA.  These reports will help prevent other families from suffering birth defects from defective drugs. For more information on Defective Drug Birth Defects Lawsuits, please feel free to follow the links in this blog post or contact Texas Birth Defect Lawyer Jason S. Coomer to determine if a drug you were on while pregnant might have caused a birth defect.

Neural Tube Birth Defects Include Birth Defects of the Brain and Spinal Cord

The neural tube is the embryonic structure that develops into the brain and spinal cord. In most pregnant women, the neural tube normally folds inward and closes by the 28th day after conception. When the neural tube fails to close completely or develop properly, defects of the brain, spinal cord and vertebrae can result in the child.  These neural tube birth defects can result in death or serious nerve damage that can cause permanent paralysis, disabilities, and severe health problems. The two most common neural tube defects are spina bifida and anencephaly.


Neural tube defects are serious birth defects caused by incomplete development of the brain, spinal cord and/or their protective coverings.  These brain and spinal cord birth defects occur when the fetus' spine fails to close properly during the early stages of pregnancy.
Spina Bifida Birth Defects Are the Most Common Neural Tube Defect and Affect About 1,500 New Born Children Each Year

Spina bifida is the most common neural tube defect and it is estimated that there are approximately 70,000 people in the United State living with spina bifida.  It is an all too common birth defect in the United States affecting about approximately 1,500 new born babies each year.

In a child that has a spina bifida birth defect, the fetal spinal column doesn't close completely during the first month of pregnancy.  These children typically suffer nerve damage from the birth defect that causes at least some paralysis of the child's legs. Severe cases of spina bifida can result in full or partial paralysis and other problems such as hydrocephalus, bowel and bladder problems, and learning disabilities.

There are several forms of spina bifida and the birth defect can cause mild to severe health problems.  Myelomeningocele spina bifida is the most severe form of spina bifida.  Myelomeningocele is where the spinal cord and meninges protrude from a spinal opening.  In myelomeningocele spina bifida cases, the new born child will require surgery after birth to put the exposed nerves and cord into the spinal canal.  Children with myelomingocele are at high risk of infection until the back is closed surgically. In spite of surgery,  in these myelomeningocele spina bifida cases, some nerve damage is usually permanent and will include paralysis and bowel and bladder problems.

For more information on Spina Bifida and Spina Bifida Lawsuits, please go to the following web page on Spina Bifida Lawsuit Information.

Depakote Spina Bifida Lawsuit Information

The drug, Depakote, aka Depakote ER, Depakene, Depacon, Epival, Dépakine Chrono,Valance, and divalproex sodium (USAN) is a drug prescribed to treat seizures, migraine headaches, manic episodes of bipolar disorder, major depressive disorder, prevention of both manic and depressive phases of bipolar disorder, epilepsy, chronic pain associated with neuropathy, and migraine headaches. Further, with the increase in pharmaceutical marketing off-label use of the drug has become more prevalent including treatment of mild depression, the depressive stage of bi-polar disorder, and chronic pain such as migraine headaches.

Depakote has been linked to major birth defects in children of women that were taking this drug.  According to a recent medical scientific study, women taking Depakote had four times the risk of delivering a child with major birth defects, compared to women taking other, similar drugs.  The range of birth defects associated with Depakote is broad, however the report specifically cited neural tube defects such as spina bifida. Neural tube defects are birth defects that affect the brain and spinal cord; spinal bifida is a defect affecting the spinal cord that causes paralysis of the legs. There is no known cure.

In addition to spina bifida and neural tube birth defects, other birth defects that may be caused by Depakote include cleft palate, cleft lip, heart defects, limb and digital deformities, facial dysmorphism, mental developmental delays, and (difficult) genitourinary malformations.

For more information on Depakote Spina Bifida Lawsuits, Depakote Cleft Palate Lawsuits, and other Depakote Birth Defect Lawsuits, please feel free to go to the following web page on Depakote Spina Bifida Lawsuit and Depakote Birth Defect Lawsuit Information

 Topamax Birth Defect Lawsuit Information
 
Topiramate (brand name Topamax) is a anticonvulsant drug. It has been approved for the treatment of epilepsy and migraines, but has been aggressively marketed for many off-label uses including bipolar disorder, cluster headaches, eating disorders, obesity, fibromyalgia, depression, posttraumatic stress disorder (PTSD), alcoholism, sleep disorders, sleep-eating disorders, infantile spasms, autism, periventricular leukomalacia in preterm infants after an hypoxic-ischemic injury, essential tremor, bulimia nervosa, obsessive-compulsive disorder, smoking cessation, idiopathic intracranial hypertension, neuropathic pain, and cocaine dependence.  If you or a loved one have been taking Topamax during pregnancy and had a child with a birth defect, it is important to seek medical assistance.

The FDA recommends that "before starting topiramate, pregnant women and women of childbearing potential should discuss other treatment options with their health care professional. Women taking topiramate should tell their health care professional immediately if they are planning to or become pregnant. Patients taking topiramate should not stop taking it unless told to do so by their health care professional. Women who become pregnant while taking topiramate should talk to their health care professional about registering with the North American Antiepileptic Drug Pregnancy Registry, a group that collects information about outcomes in infants born to women treated with antiepileptic drugs during pregnancy."
 
The FDA has recently announced that Topiramate (brand name Topamax) causes an increased risk of development of cleft lip and/or cleft palate (oral clefts) in infants born to women treated with Topamax (topiramate) during pregnancy. If you or a loved one have been taking Topamax during pregnancy and had a child with a birth defect, it is important to seek medical assistance.  

For more information on a Topamax Cleft Liph Defect Lawsuit, Topamax Cleft Palate Lawsuit, and other Topamax Birth Defect Lawsuit, please feel free to go to the following web page on Topamax Cleft Palate Lawsuit and Topamax Cleft Lip Birth Defect Lawsuit Information.

Friday, July 20, 2012

Depuy Hip Implant Lawsuit Statutes On Some Failed Depuy Hip Implants May Run in August 2012: Person's With Failed Depuy Hip Implants Should Be Aware of Potential Statute Issues by Texas Depuy Hip Implant Lawyer and Texas Depuy Failed Hip Implant Lawyer

People With Depuy Hip Implants Should Be Aware That Potential Statutes Are Coming Up on Some Depuy Failed Hip Implant Lawsuits by Texas Depuy Hip Implant Lawyer and Texas Depuy Failed Hip Implant Lawyer

In August, 2010, DePuy Orthopaedics Inc. announced that it would be recalling two hip replacement products, the ASR Hip Resurfacing System and the ASR XL Acetabular System, after receiving data which indicated that more patients than expected experienced pain and other symptoms which required a revision surgery following the initial hip replacement procedure.  Now almost two years after the recall, some potential statutes on these claims may run, potentially leaving patients that have not acted on their potential claims without recourse.

People with DePuy ASR and ASR XL metal-on-metal hip implants that have experienced loosening and dislocation of the device resulting in the need for early revision surgery and/or the release of metal debris causing muscle and soft tissue damage should be aware of these potential statutes.

If you or a family member have been the victim of a failed hip replacement surgery including a defective hip replacement cup implant or hip replacement system, please feel free to send an e-mail to Texas Depuy Hip Implant lawyer Jason Coomer about these potential statutes.

Hip Replacement Surgery including Total Joint Replacement Surgery, Total Hip Arthroplasty, and Total Hip Replacement Surgery are Extensive Surgeries Which Require Significant Recovery and Rehabilitation: Persons Going Through These Surgeries More Than Once Should Know Why and Make Sure They Are Not The Victim of a Defective Product

Hip replacement surgery, also called total hip arthroplasty, involves removing a diseased or broken hip joint and replacing it with an artificial joint, called a prosthesis. Hip prostheses commonly consist of a ball component, made of metal or ceramic, and a socket, which has an insert or liner made of plastic, ceramic or metal. The implants used in hip replacement are or should be biocompatible (meaning they're designed to be accepted by your body) and made to resist corrosion, degradation and wear. 

Increased Regulation and Enforcement of the Financial Industry and Government Crackdowns on SEC Violations by Texas SEC Violation Lawyer and Texas SEC Fraud Lawyer Jason Coomer

SEC Enforcement of SEC Violations and Securities Fraud Is On The Rise As Regional SEC Offices, the Department of Justice, and Some States Increase Efforts to Crack Down on Financial Fraud: SEC Fraud Lawyer Represents SEC Bounty Action Whistleblowers Including Evaluating SEC Bounty Actions and Protecting SEC Bounty Action Whistleblowers by Texas SEC Violation Lawyer and Texas SEC Fraud Lawyer Jason S. Coomer

The SEC appears to be changing from a financial industry insider bureaucracy that actually regulates the financial services industry.  The SEC and other government agencies are seeking out large corporations that are violating securities laws and going after criminals that have violated SEC regulations.  Several large cases are currently being investigated by the SEC, State Attorney Generals, and the Department of Justice.  Additionally, the SEC is offering large financial rewards to SEC fraud whistleblowers that are the first to properly expose securities fraud, investment fraud, SEC violations, and other forms of financial fraud.  Many SEC whistle blower cases are now being actively investigated and many more are being filed as whistle blowers discover that they can reap large rewards and be protected while having their case evaluated. 

Blamed over Stanford, SEC's Texas office plots comeback


"But in the past year the office has undergone a sort of corporate turnaround, with new leadership, a more inventive approach to policing market players, and a patched-up relationship with the SEC's headquarters in Washington."

"The Fort Worth office has also been entrusted with two of the agency's biggest investigations that former insiders say are the type of probes often run out of the SEC in New York or Washington.
The office is taking the lead on investigations into allegations of misconduct at Wal-Mart Stores Inc and Chesapeake Energy Corp, according to public filings and people familiar with the matter.
The probes are heating up, with lawyers from the SEC Fort Worth office making document demands for the past several weeks on Chesapeake and its chief executive as part of an inquiry into special financial perks, one person familiar with the investigation said."

"Overseeing the Fort Worth office revival is David Woodcock, a defense attorney from Austin who had never previously worked for the SEC or any other government agency."

New York and Connecticut probing banks over Libor manipulation


"New York Attorney General Eric Schneiderman has launched a probe into possible manipulation of the Libor benchmark international lending rates by global banks, his spokesman said on Sunday.
Schneiderman, along with Connecticut's Attorney General George Jepsen started the investigation six months ago into the possible rigging of Libor, the London interbank offered rate, New York Attorney General spokesman James Freedland told Reuters."

"The U.S. Justice Department is also building criminal cases against several financial institutions and their employees related to the manipulation of interest rates, The New York Times reported on Saturday.  The Times said cities, states and municipalities in the United States were trying to determine whether they suffered loses due to rate manipulation and some had filed suit. Given the broad scope of the Libor case and the number of institutions thought to be involved, the investigations could provide authorities with a "signature moment" to hold big banks accountable for misdeeds during the financial crisis, which hit global markets from late 2007, the newspaper said."

Texas SEC Fraud Lawyer Represents SEC Bounty Action Whistleblowers Including Evaluating SEC Bounty Actions and Protecting SEC Bounty Action Whistleblowers

Texas SEC violation lawyer, Jason S. Coomer, works with SEC fraud whistleblowers that are stepping up and blowing the whistle on securities fraud, investment fraud, SEC violations, and other forms of financial fraud.   In working with financial professionals, Jason Coomer commonly works with a team of lawyers that can confidentially evaluate a potential bounty action to determine if the whistleblower case is viable and may result in a recovery.  If you are aware of securities fraud or other financial fraud and need more information on this topic,  please feel free to contact Texas SEC Fraud Whistleblower Lawyer Jason Coomer via e-mail message  or go to the following web page: SEC Whistleblower Incentive Program Lawsuit Information

Wednesday, July 18, 2012

Financial Executives That Are Aware of Insider Trading and Other Violations of Securities Law Can Work With An Insider Trade Whistleblower Lawyer to Confidentially Explore A SEC Whistleblower Reward Bounty Action by Texas Financial Executive SEC Whistleblower Lawyer and SEC Bounty Action Whistleblower Lawyer Jason S. Coomer

Financial Executives That Are Aware of Insider Trading and Other Violations of Securities Law Can Work With An Insider Trade Whistleblower Lawyer to Confidentially Explore A SEC Whistleblower Reward Bounty Action by Texas Financial Executive SEC Whistleblower Lawyer and SEC Bounty Action Whistleblower Lawyer Jason S. Coomer

The SEC is offering large financial bounties to financial executives that properly blow the whistle on insider trading, stock manipulation schemes, and other violations of securities law.  These insider trading whistleblower rewards can be obtained by financial executives and other financial professionals with knowledge of illegal insider trading and other SEC violations. By working with a SEC Confidential Whistleblower Bounty Action Lawyer, a financial executive whistleblower can confidentially explore a bounty action and protect their career while evaluating a potential case.  This protection can be critical in protecting the whistleblower from potential retaliation.  For more information on confidentially exploring an SEC bounty action, please feel free to contact Confidential  Insider Trade Whistleblower Reward Lawyer Jason Coomer or go to the following web page: Financial Executive SEC Bounty Actions: Insider Trading Confidential Whistleblower Information. 

Financial Executives Confess: Sure, We Lie and Cheat - Forbes

"So more than half of all these financial executives can admit to being tempted by insider trading. Isn’t there any deterrence? Not according to these same executives. Only 30% feel that the Securities and Exchange Commission, or in England the Serious Fraud Office, “effectively deters, investigates and prosecutes securities violations.” Likewise only 29% believe that FINRA and the FSA, two more American regulators, do so."

"The survey goes on to find that 94% of executives would like to be whistleblowers under the terms of the SEC’s whistleblower program, but only 44% of them know about the program. That finding, of course, serves the interest of the law firm behind the survey, which is all about representing SEC whistleblowers."

Tuesday, July 17, 2012

Texas Health Care Professionals Are Needed to Expose Texas Health Care Fraud including Texas Medicaid Fraud and Texas Medicare Fraud by Texas Health Care Fraud Lawyer and Texas Health Care Fraud Whistleblower Lawyer

Texas Health Care Professionals Are Needed to Expose Texas Health Care Fraud including Texas Medicaid Fraud and Texas Medicare Fraud: These Texas Medical Professionals Can Work Confidentially Through A Texas Health Care Fraud Whistleblower Protection Lawyer To Determine the Validity of a Texas Health Care Fraud Whistleblower Lawsuit and Protect Their Career From Retaliation by Texas Health Care Fraud Lawyer, Texas Health Care Fraud Whistleblower Protection Lawyer, and Texas Health Care Fraud Whistleblower Lawyer

Health care fraud has reached an estimated $250 Billion per year and continues to increase.  As one of the most lucrative crimes in the United States, health care fraud criminal are finding new and different schemes to reap large profits from Medicare fraud, Medicaid fraud, Tricare fraud, and other health care fraud.  Texas health care professionals including chief financial officers, benefit coordinators, Medicare compliance coordinators, coding specialists, Medicare reimbursement managers, accountants, and other health care professionals are needed to step forward and to blow the whistle on health care fraud and hospital fraud that cost tax payers hundreds of Billions of dollars and threaten to take down the health care system.  

Texas Health Care Professionals Are Need To Expose Medicaid Fraud That Costs Taxpayer Billions of Dollars Each Year

The Texas Medicaid program costs about $30 Billion each year and is expected to continue to increase in the future.  Of this cost, it is estimated that Medicaid fraud costs are between Two Billion Dollars ($2,000,000,000.00) to Four Billion Dollars ($4,000,000,000.00) each year. 
There are many types of Medicaid fraud including:
  • billing Medicaid for X-rays, blood tests and other procedures that were never performed
  • falsifying a patient’s diagnosis to justify unnecessary tests;
  • giving a patient a generic drug and billing for the name-brand version of the medication;
  • giving a recipient a motorized scooter and billing for an electric wheelchair, which can cost three times more;
  • billing Medicaid for care not given;
  • billing Medicaid for patients who have died or who are no longer eligible for Medicaid;
  • billing Medicaid for care given to patients who have transferred to another facility;
  • transporting Medicaid patients by ambulance when it is not medically necessary;
  • requiring vendors to “kick back” part of the money they receive for rendering services to Medicaid patients (kickbacks may also include vacations, merchandise, etc.);
  • billing patients for services already paid for by Medicaid;
  • billing Medicaid for phantom patients;
  • double billing Medicaid for services;
  • upcoding services for increased Medicaid payments.
Medicaid fraud violates federal and state criminal laws and can result in significant fines and/or incarceration. Those convicted of fraud may also lose their status as Medicaid providers.  To prevent Medicaid fraud, Texas has enacted the Texas False Claims Act and Medicaid Fraud Prevention Act.

 Texas Health Care Fraud Whistleblowers Can Protect Themselves From Potential Retaliation and Increase Their Ability to Recover a Reward by Working with a Texas Health Care Fraud Whistleblower Protection Lawyer

By coming forward as the original source of specialized information of health care fraud these health care fraud whistleblowers may receive large economic rewards for being the first to file on these health care fraud scams and are helping taxpayers recover large amounts of money from companies committing health care fraud. However, it is often beneficial for these health care fraud whistleblowers to hire a health care fraud whistleblower lawyer to help protect them from potential retaliation and help prepare the disclosure to increase the probability of a recovery.

For more information on a potential Health System Health Care Fraud Lawsuit, Health Care Coding Fraud Lawsuit, or other Health Care Fraud Whistleblower Lawsuit, feel free to contact Texas Health Care Fraud Whistleblower Lawyer Jason Coomer via e-mail message or go to the following web pages: Texas Health Care Fraud Whistleblower Lawyer, National Whistleblower's Resources and Information: Health Care Fraud, or  Texas Hospital Health Care Fraud Whistleblower Lawsuits