Texas Lawyers Blog

Description

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

Friday, March 8, 2019

International Telecommunications Bribe Lawyer Represents Telecom Professionals Who Want to Anonymously Expose Telecom Industry Bribery Schemes and Earn Financial Rewards by International Telecom Bribe Lawyer

International Telecommunications Bribe Lawyer Represents Whistleblowers Who Have Original Knowledge of Large Telecommunications Industry Bribery Schemes And Want To Collect Financial Rewards For Properly Exposing Bribes to Government Officials by International Telecommunication Bribe Lawyer & International Telecom Bribery Scheme Lawyer Jason Coomer

International telecommunications professionals who have original knowledge of large telecommunications bribes can earn large financial rewards by anonymously exposing these telecom industry bribery schemes through an international telecommunications bribe lawyer.  The telecommunication professionals are encouraged to use an international telecommunications bribe lawyer because the lawyer can confidentially review the potential bounty action as well as anonymously report the illegal telecom bribe for the professional.  The lawyer's confidential review can determine the strength of the potential bounty action and properly report the corruption whereas the anonymous reporting can help protect the telecommunications profession's identity.  For more information on this international telecommunications bribe bounty actions, please go to the follow web page: International Telecommunications Bribe Bounty Action Information.

Telecommunications Professionals Should Understand That Telecom Bribes Can Be Violations of the Foreign Corrupt Practices Act

Illegal telecommunications bribes and kickbacks to government officials are most common in Russia, China, Mexico, Brazil, and India.  These countries have long standing traditions of corruption where large companies pay bribes to government officials for large telecommunications contracts.  Telecommunications professionals who work in these countries are strongly encouraged to expose any large telecom bribes.  The telecommunications professionals should also be aware that telecommunications companies who pay bribes to government officials or provide illegal kickbacks to government officials for telecom contracts may be violating the foreign corrupt practices act and may be subject to criminal actions as well as to these large bounty actions.

Below are examples of recent telecommunications bribes that have resulted large settlements for violations of the Foreign Corrupt Practices Act.
 
Mobile Telesystems Pjsc and Its Uzbek Subsidiary Enter into Resolutions of $850 Million with the Department of Justice for Paying Bribes in Uzbekistan
Moscow-based Mobile TeleSystems PJSC (MTS), the largest mobile telecommunications company in Russia and an issuer of publicly traded securities in the United States, and its wholly owned Uzbek subsidiary, KOLORIT DIZAYN INK LLC (KOLORIT), have entered into resolutions with the Department of Justice and Securities and Exchange Commission (SEC) and agreed to pay a combined total penalty of $850 million to resolve charges arising out of a scheme to pay bribes in Uzbekistan.  In addition, charges were unsealed today against a former Uzbek official who is the daughter of the former president of Uzbekistan and against the former CEO of Uzdunrobita LLC, another MTS subsidiary, for their participation in a bribery and money laundering scheme involving more than $865 million in bribes from MTS, VimpelCom Limited (now VEON) and Telia Company AB (Telia) to the former Uzbek official in order to secure her assistance in entering and maintaining their business operations in Uzbekistans telecommunications market.

VimpelCom Limited and Unitel LLC Enter into Global Foreign Bribery Resolution of More Than $795 Million; United States Seeks $850 Million Forfeiture in Corrupt Proceeds of Bribery Scheme
Amsterdam-based VimpelCom Limited, the worlds sixth-largest telecommunications company and an issuer of publicly traded securities in the United States, and its wholly owned Uzbek subsidiary, Unitel LLC, entered into resolutions with the Department of Justice today in which they admitted to a conspiracy to make more than $114 million in bribery payments to a government official in Uzbekistan between 2006 and 2012 to enable them to enter and continue operating in the Uzbek telecommunications market.

In a related action, the department also filed a civil complaint today seeking the forfeiture of more than $550 million held in Swiss bank accounts, which constitute bribe payments made by VimpelCom and two separate telecommunications companies, or funds involved in the laundering of those payments, to the Uzbek official.  The forfeiture complaint follows an earlier civil complaint filed on June 29, 2015, which seeks forfeiture of more than $300 million in bank and investment accounts held in Belgium, Luxembourg and Ireland that also constitute funds traceable to bribes, or funds involved in the laundering of the bribes, paid by VimpelCom and another telecommunications company to the same Uzbek official.

Thursday, March 7, 2019

Texas Ruptured Aneurysm Lawyer Handles Antibiotic Ruptured Aneurysm Lawsuits by Texas Ruptured Aneurysm Lawyer

Texas Ruptured Aneurysm Lawyer and Texas Stroke Lawyer Handles Antibiotic Ruptured Aneurysm Lawsuits and Antibiotic Stroke Lawsuits by Texas Ruptured Aneurysm Lawyer and Texas Stroke Lawyer Jason Coomer

Recent scientific studies have shown that several antibiotic drugs may cause an increased risk of aortic aneurysms which may cause fatal aneurysms and strokes.  Persons taking antibiotics including Avelox, Baxdela, Cipro, Factive, Floxin, Levaquin, and Noroxin should be aware of the potential dangers and health risks.  More specifically, persons with cardiovascular issues should discuss the potential health risks of Avelox, Baxdela, Cipro, Factive, Floxin, Levaquin, and Noroxin with their medical provider prior to any long term use.  For more information on this topic please go to the following web page: Ruptured Aneurysm Health Risk: Persons Taking Antibiotics Including Avelox, Baxdela, Cipro, Factive, Floxin, Levaquin, and Noroxin Should Be Aware of a Potential Increased Health Risk of Ruptured Aneurysms.

Fatal Aneurysms and Fatal Strokes Related to Long Term or Short Term Use of Fluoroquinolone Antibiotics Should Be Reported to the FDA and Prescribing Medical Doctor

If you have been taking fluoroquinolone antibiotics including Avelox, Baxdela, Cipro, Factive, Floxin, Levaquin, or Noroxin and have been diagnosed with an aortic dissection, aortic aneurysm, brain aneurysm, ruptured aneurysm, or a stroke; or you have lost a loved one that was taking fluoroquinolone antibiotics including Avelox, Baxdela, Cipro, Factive, Floxin, Levaquin, or Noroxin and the lost loved one was diagnosed with an aortic dissection, aortic aneurysm, ruptured aneurysm, or stroke, please report the adverse action to the prescribing medical doctor and FDA as soon as possible.

Wednesday, March 6, 2019

Texas Lost Investment Lawyer Represents Investors Who Have Lost Significant Wealth Due to Financial Professional Fraud, Negligence, or other Malfeasance by Texas Lost Investment Lawyer

Texas Lost Investment Lawyer Represents Investors Who Have Lost Significant Wealth Due to Financial Professional Fraud, Negligence, or other Malfeasance by Texas Lost Investment Lawyer and Texas Investment Loss Lawyer Jason S. Coomer

Recent decisions by the Securities and Exchange Commission (SEC) have imposed over $1.4 billion in penalties on several top investment banks, brokerage firms, and brokers.  There are also numerous stories about investment fraud and people who have lost significant wealth due to the malfeasance of financial professionals.  As such, it is important to protect yourself when investing money as well as to keep track of all the money you have invested.  Further, if you believe that a significant amount of wealth has been taken from you or a loved one, it is important to gather all records regarding the investment including any financial statements, sign up documentation, online records, and any written warnings or warranties that might have been made.  After reviewing this information you feel that your financial professional has not been honest and has caused you to suffer significant investment losses, your best bet to recover your losses from investment fraud or securities fraud losses may be to speak to an experienced lawyer regarding your investment losses.  For more information regarding Texas lost investment lawsuits, please feel free to go to the following web page: Texas Lost Investment Lawyer Information.

SEC Bounty Actions Create Economic Incentives To Encourage All Persons With Knowledge of Illegal Insider Trading to Properly Expose Illegal Insider Trading

In addition to Texas Lost Investment Lawsuits, large financial investment firms who are committing large and systematic investment fraud, may be the target of SEC Bounty Actions.  These Bounty Actions are designed to detect large scale and systematic investment fraud.  By offering large rewards for proper reporting of investment fraud, investors and financial professionals are encouraged to report large scale fraud schemes.  These Bounty Actions require original knowledge securities fraud including executive insider trades, hedge fund insider trades, private equity fund fraud, false misleading information on a company's financial statements, false information on Securities and Exchange Commission (SEC) filings, stock manipulation schemes; or embezzlement by stockbrokers.  For more information on SEC Bounty Actions, please go to the following web page: SEC Bounty Action Lawsuit Information.

Several Forms of Investment Fraud Can Be The Basis for Texas Lost Investment Lawsuits and SEC Bounty Actions

In reviewing any investment, an investor should know that investing in the stock market or any investment can be a risky proposition. Markets and investments can fluctuate and the majority of investment losses result from such fluctuations rather than from stock broker fraud or misconduct. However, investment fraud and malfeasance do happen, and there are several forms of stock broker misconduct including:
  • Churning
  • Excessive Trading
  • Unsuitable Investments
  • Misrepresentation
  • Purchase of Unsuitable Securities
  • Investing in Variable Annuities/Variable Universal Life Policies
  • Risky or negligent Retirement Planning
  • Unauthorized Trading
  • Failure to Advise of Risky Investments
  • Unauthorized Risk Profile Changes

Tuesday, March 5, 2019

Texas Government Contractor Fraud Lawyer Helps Whistleblowers Report Fraud and Collect Rewards by Texas Government Contractor Fraud Lawyer

Texas Government Contractor Fraud Lawyer Helps Whistleblowers Report Government Contractor Fraud and Collect Rewards by Texas Government Fraud Lawyer Jason Coomer

The Federal False Claims Act allows professionals who properly expose government contractor fraud to earn large rewards.  Federal government contractor fraud can include Defense Contractor Fraud, Health Care Fraud, Road Construction Contractor Fraud, Public Works Contractor Fraud, Technology Contractor Fraud, and other types of federal government contractor fraud.  For more information on government contractor fraud, please go to the following web page: Federal Government Federal Fraud False Claims Act Lawsuit Information.

Health Care Fraud Under the Federal False Claims Act and State Medicaid Fraud Statutes

The United States Department of Justice, several state attorney generals, and many whistleblowers have been cracking down on fraud that is being committed against the United States and other government health benefits including Medicare Fraud, Tricare Fraud, Nursing Home Fraud, Hospice Fraud, Health Care Fraud, Off Label Drug Fraud, and Pharmaceutical Marketing Fraud.  The Federal False Claims Act has helped the federal government recover over $59 Billion from parties committing government fraud.  A large portion of this recovery is Medicare fraud/Medicaid fraud which is one of the fastest growing crimes in the United States.  For more information on Health Care Fraud under the Federal False Claims Act and State Medicaid Fraud Statutes, please go to the following web pages: Health Care Fraud Information, Texas Medicare Fraud Lawyer Information, and Texas False Claims Act Medicaid Fraud Information.

Large Financial Rewards Are Being Offered to Professionals Who Properly Expose Large Scale Defense Contractor Fraud

Approximately five hundred billion dollars ($500,000,000,000.00) in defense contracts have been awarded to defense contractors in the state of Texas since 2002.  Including in these defense contracts is an estimated 10 to 20% fraudulent defense contracts. For this reason, the government is offering large financial rewards to people with original knowledge of significant defense contractor fraud including the sale of defective weapons, vehicles, ammunition, technology, and equipment that has been committed by any of these contractors.   These rewards are designed to encourage professionals with original knowledge of large scale government fraud to step forward to expose government fraud.  The first step for many of these professionals is to obtain a confidential review of their potential case to determine if their potential case may be a viable whistleblower reward case.   For more information on Defense Contractor Fraud, please go to the following web page: Texas Defense Contractor Fraud Whistleblower Reward Lawyer Information.

Government Contractor Procurement Fraud Lawyer Handles Government Contractor Procurement Fraud Lawsuits, Government Procurement Fraud Whistleblower Lawsuits, Davis Bacon Wage Qui Tam Lawsuits, Government Contractor False Certification of Goods and Services Lawsuits, and Procurement Fraud Whistleblower Qui Tam Lawsuits

Government contractor procurement fraud has increased as some government contractors and subcontractors have defrauded the government by providing defective goods, cross charging, made false certification of services provided, charged for services not provided, charged for goods not provided, violated the Truth-in-Negotiations Act ("TINA"), and made improper cost allocations. Whistleblowers that have independent knowledge of procurement fraud committed against the government by government contractors and subcontractors can blow the whistle on the procurement fraud and if they are the first to provide notice of the fraud can recover a large financial reward for helping the government identify and stop procurement fraud.  For more information on Government Contractor Procurement Fraud, please go to the following web page: Government Contractor Procurement Fraud Whistleblower Lawyer Information.