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

Saturday, October 7, 2017

FOREX Whistleblower Rewards: Bank Employees and Other Financial Professionals Can Earn Larger Whistleblower Rewards for Anonymously Exposing FOREX Fraud Schemes by FOREX Whistleblower Reward Lawyer

FOREX Whistleblower Rewards: Bank Employees and Other Financial Professionals Can Earn Larger Whistleblower Rewards for Anonymously Exposing FOREX Fraud Schemes by FOREX Whistleblower Reward Lawyer

FOREX Fraud and other investment fraud schemes can be the basis of whistleblower reward lawsuits which can pay bank employees, financial professionals, and investors large financial rewards for anonymously exposing investment fraud schemes through a lawyer.   These whistleblower reward lawsuits must be based on original information and help expose significant fraud.  By working through a whistleblower reward lawyer, the whistleblower can protect their identity and obtain help in preparing the lawsuit.  For more information on this topic, please go to the following web pages: Bank Foreign Exchange Rate Fraud Lawyer: Confidential Reviews of Bounty Actions and Whistleblower Reward Lawyer.

FOREX Fraud In The News

"A former HSBC Bank PLC foreign currency exchange trader gave a detailed account on Wednesday of the collusion between banks that antitrust prosecutors claim was used to rig currency markets, as the government’s case in the trial of former HSBC executive Mark Johnson nears its end.
Frank Cahill, a former forex trader for HSBC and Goldman Sachs & Co. LLC, took the witness stand and gave an inside look into a group of forex traders at banks including HSBC, Barclays PLC, State Street Corp., Goldman and the Royal Bank of Scotland PLC who used chat rooms to coordinate trading in a way that would affect currencies’ prices to their benefit."

"Prosecutors claim Johnson and Scott, both U.K. nationals, and others at HSBC traded on inside information about a deal to exchange $3.5 billion for sterling on behalf of client Cairn Energy PLC in a way that caused the price of sterling to spike, to the detriment of Cairn and to HSBC’s benefit. Johnson lives in London and is contesting extradition to the U.S. The Federal Reserve Board on Friday said that it fined HSBC $175.3 million for failing to properly oversee its forex trading business."

A fine of $175.3 million that results from a successful whistleblower could result is a whistleblower reward of over $50 million.  These large financial rewards are intended to encourage bank employees, financial professionals, and high end investors with original knowledge of financial fraud to expose fraudulent schemes, insider trading, and other types of investment fraud.

Saturday, September 16, 2017

Texas San Jacinto River Authority Flood Release Lawsuits by Texas San Jacinto River Authority Flood Release Lawyer

Texas San Jacinto River Authority Flood Release Lawsuits and Government Induced Flood Lawsuits by Texas San Jacinto River Authority Flood Release Lawyer Jason S. Coomer

During Hurricane Harvey the San Jacinto River Authority made the decision to open floodgates releasing millions of gallons of water in neighborhoods, businesses, and homes.  This decision has caused Billions of dollars worth of damage including flooding over 1000 homes valued between $750,000.00 and $1,000,000.00.  Owners of these homes as well as businesses and other area property owners are now filing lawsuits against the government for this decision and seeking to be compensated they have suffered from this decision.  Anyone that owns a home, business, or real property that was significantly damaged by this flood release should gather their damage information and contact a Texas Lake Conroe Flood Damage Lawyer and Texas Flood Condemnation Lawyer to determine if they may be eligible to recovery compensation for their loses.  This flooded area includes Harris County, Liberty County, and Montgomery County residents and more specifically families and businesses in Kingwood, River Plantations, Harpers Landing, and Atacocita.

For more information on San Jancito River Authority Flood Release Lawsuits, Hurricane Harvey Flood Damage Insurance Claims, and Hurricane Harvey Third Party Lawsuits, please go to the following web page: Texas Lake Conroe Flood Damage Lawyer and Texas Flood Condemnation Lawyer Information.

Monday, September 11, 2017

Austin Texas Probate Lawyer and Central Texas Probate Lawyer Represents Heirs, Beneficiaries, and Families That Have Lost a Loved One by Austin Texas Probate Lawyer

Austin Texas Probate Lawyer and Central Texas Probate Lawyer Represents Heirs, Beneficiaries, and Families That Have Lost a Loved One and Who Need to Transfer Estate Property Through Probate by Austin Texas Probate Lawyer Jason S. Coomer

Austin Texas Probate Lawyer and Central Texas Probate Lawyer Jason Coomer represents heirs, beneficiaries, and families who have lost loved ones.  He handles Texas probate, estate, and inheritance matters and commonly works with families including Texas families and out of state families on a variety of Texas probate, estate, and inheritance issues.  These issues commonly include probating Wills, contesting Wills, fighting will contests, clearing title to estate property, claiming estate property, filing suits to determine rightful heirs of estates, filing breach of fiduciary duty lawsuits, and representing estate administrators.  For questions on Texas probate, estate, and inheritance matters, please go to the following web pages:
Texas Probate Legal Issues

Until your family has been through the probate process, it is often difficult to understand the wide variety of issues that can occur.  This is especially true if the decedent (passed loved one) had no will, used a kit will without proper legal advice, or had a holographic will.  For this reason, it is usually best to have a Texas Probate Lawyer assist you after the death of a loved one. 

Wednesday, September 6, 2017

Texas Anti-Kickback Lawyer Helps Whistleblowers Expose Illegal Medicare and Medicaid Kickbacks by Texas Anti-Kickback Lawyer

Texas Anti-Kickback Lawyer Helps Whistleblowers Expose Illegal Medicare and Medicaid Kickbacks and Earn Financial Rewards by Texas Anti-Kickback Lawyer

Large financial rewards are being offered to medical professionals, pharmaceutical professionals, and other health care professionals who properly expose illegal kickbacks.  These illegal kickbacks can include fraudulent clinical study marketing schemes, drug company Medicare rebate schemes, and other violations of the Anti-Kickback Statute.  Health care professionals who have original information of these illegal kickback schemes that are costing Medicare, Medicaid, and other federal benefit programs significant amounts of money are encouraged to step forward to expose this illegal conduct.  For more information on the Anti-Kickback Statute and earning large financial rewards for exposing fraud, please go to the following web pages: Medicare Rebate & Kickback Whistleblower Lawyer, Medicare Referral Kickback Lawyer, and Drug Company Seeding Trial & Switch Campaign Lawyer.

The Anti-Kickback Statute

In 1972, the United States Congress passed the anti-kickback statute which made it illegal for providers, including doctors, to knowingly and willfully accept bribes or other forms of remuneration in return for generating Medicare, Medicaid or other federal healthcare program business.  The federal anti-kickback law's main purpose was to protect patients and federal health care programs from fraud and abuse by curtailing the corrupting influence of money on health care decisions.  The legislation prevents payoffs to those who have the power to influence health care decisions. 

Whistleblower Financial Rewards

The financial incentive for whistleblowers can be significant depending on the amount of fraud and the amount recovered by the government.  Based on the Federal False Claims Act, a successful whistleblower receives a portion of the money that the government recovers.  Depending on the extent of the fraud, qui tam recoveries for the government can be in the billions of dollars and whistleblower recoveries can be in the hundreds of millions of dollars.

Some past recoveries by the Federal and State Governments have been in the Billions of Dollars while other recoveries have been in the Hundreds of Millions of Dollars.  Under the Federal False Claims Act, whistleblowers or relators can recover 15 to 25 percent of the proceeds of a successful suit, if the United States intervenes in the qui tam action, and up to 30 percent, if the government declines and the relator pursues the action alone.

There are several keys to a successful False Claims Act Qui Tam Whistleblower action including 1) obtaining original and specialized information of the fraud, 2) being the first to file regarding the specific fraud, and 3) protecting the whistleblower for retaliation.  For this reason, it is typically best to hire a Whistleblower Reward Lawyer to confidentially review any potential case.

Monday, September 4, 2017

Texas Inheritance Lawyers Help Families Transfer Wealth After the Death of a Family Member by Texas Inheritance Lawyer

Texas Inheritance Lawyers Help Families Transfer Wealth Including Real Property After the Death of a Family Member by Texas Inheritance Lawyer Jason S. Coomer

Inheritance is the practice of transferring wealth or obligations upon the death of an individual to another person or entity.  Inheritance allows people to transfer land, businesses, stocks, jewelry, and other wealth to people that they love and/or family members.  It is estimated that in the United States over $250 Billion each year is transferred or passed down through inheritance to heirs and beneficiaries.  Each state and country has their own laws regarding inheritance including testate and intestate laws.  Testate laws include inheritance through Wills, whereas intestate laws cover what happens to property when the decedent does not have a valid will.

Texas Inheritance Lawyers Can Help Make Sure Family Wealth Does Not Become Stuck or Get Taken After the Death of a Loved One 

After a family member dies, their real property or business can become stuck in the inheritance process and if proper action is not taken it can be lost to foreclosure, taxes, competitors, non-family members, or the State of Texas.  These situations are especially common when the person dies without a Will, leaves no instructions as to what they want done with their possessions after they die, and/or has no accurate inventory or accounting of their wealth.  In these situations, Texas real property and Texas businesses will need to be transferred under Texas intestate law.  As such, it is important to understand what Texas intestate law says on how the estate should be divided and how title to the real estate and ownership of the business can be transferred.

For more information on Texas Inheritance, please go to the following Web Pages: Texas Family Inheritance Lawyer, Austin Inherited House Lawyer and Austin Inherited Real Property Lawyer, and Texas Contingent Probate Lawyer.

Sunday, September 3, 2017

Texas Flood Damage Lawyers Assist Texas Families and Businesses Who Have Suffered Significant Flood Damage by Texas Flood Damage Lawyer

Texas Flood Damage Lawyers Assist Texas Families and Businesses Who Have Suffered Significant Flood Damage by Texas Flood Damage Lawyer Jason S. Coomer

Flooding can cause catastrophic damages to homes, businesses, and personal property.  After a flood event, it can often be difficult to determine the cause of the flood damage and what compensation may be available to help rebuild.  From reviewing and understanding insurance policies to discussing the cause of flood damage, future prevention, coverage issues, and rebuilding issues with adjusters, builders, and experts, it is often beneficial to hire a Texas Flood Damage Lawyer to help navigate the many hazards of seeking compensation after a flood.

Understanding Hurricane Insurance Claims and Texas Flood Insurance Claims 

The Insurance Industry makes money by delaying and denying legitimate hurricane and flood damage insurance claims.  The longer an insurance company can delay or the more they can deny a claim, the more money the insurance company can keep.  For this reason many insurance companies set up traps for claimants that are not familiar with the claims process.  As such, it is almost always a good idea to keep a complete record of all communications with an insurance company when filing a claim and to make sure you have read and are familiar with any insurance policy under which you are seeking a claim.  It is also often a good idea to hire an attorney to help review your policy and claim to make sure that it is properly filed to maximize your recovery.  For more information on Texas Hurricane Insurance Claims and Flood Damage Insurance Claims, please go to the following web page: Texas Hurricane Harvey Insurance Claim Lawyer.

Third Party Negligent Building, Neighborhood Planning, Engineering, and Drainage Lawsuits

In addition to insurance claims, compensation for flooding can also sometimes be obtained through lawsuits against negligent builders, developers, architects, engineers, and other businesses that have built on flood plains, built defective neighborhoods, built defective buildings, designed defective drainage systems, or carelessly diverted water to injure their neighbors.  These lawsuits often require several experts and significant expenses to develop, but when significant damages are suffered these third party claims are often filed by both injured families and businesses as well as insurance companies who want to seek compensation for losses that they have paid out.  For more information on Texas Third Party Flood Damage Lawyer, please go to the following web page: Texas Flood Damage Lawyer and Texas Flood Damage Third Party Lawsuit Lawyer.     

Thursday, August 31, 2017

Texas Hurricane Harvey Insurance Claim Lawyer Handles Harvey Insurance Claim Lawsuits



Texas Hurricane Harvey Insurance Claim Lawyer Handles Harvey Insurance Claim Lawsuits Regarding Flood Damage to Your Home, Business, Livestock or Crops

The Insurance Industry makes a significant amount of money by delaying and denying legitimate insurance claims.  With the devastating damage of Hurricane Harvey surpassing $160 Billion, it is expected that the insurance industry will look for any and all potential reasons not to pay valid claims as well as to pay pennies on the dollar for other claims.

Further, the insurance industry has lobbied the Texas legislature to change Texas insurance laws effective September 1, 2017 to protect insurance companies that wrongfully deny insurance claims.  These changes will protect insurance companies that deny claims and encourage insurance companies to deny legitimate claims.
Texas Hurricane Harvey Insurance Claim Lawyers may be able to assist you if you have experienced flood damage to your home, business, livestock or crops.  A Texas Hurricane Harvey Insurance Claim Lawyer can help you maximize your Texas insurance claim. For more information regarding Texas Insurance Claim Lawyers, please feel free to visit the following page: HurricaneHarvey Insurance Claim Texas Lawyer

Read Your Insurance Policy, Document Damages, and Keep Records of All Communications

Some Tropical Storm Harvey insurance adjusters will do whatever they can to take advantage of people that have lost their home, possessions, business, livestock or crops. They often make low ball offers when they know claimants are hurting for money. During the process the adjusters gather evidence and find ways not to pay the hurricane flood damage insurance claims. The result of these tactics is that the insurance companies get to keep more of their money and damaged individuals do not get the compensation that is do them from the storm damage.  For this reason, it is important to carefully document any and all damages that you have suffered, review your insurance policies, and keep a copy of any and all communications with your insurance company.

It is also often helpful to have a Texas Insurance Claim Lawyer assist you with your hurricane flood damage claim.  The attorney who is familiar with insurance tricks and the process for filing a claim, can often help avoid any common pitfalls or traps.

Homeowner's Insurance Claims

Hurricane Harvey Homeowner's Insurance first party claims can also be complicated insurance claims in that most people do not read their homeowner's policy until something bad happens. Once they do read the policy, they quickly see that the policy has complicated insurance language including an adjuster favorite "exclusion". Determining what these policies actually cover can be extremely tricky. When interpreting these insurance contracts it is important to know that there is a big difference in an insurance agent who sells you the policy and the insurance adjuster who determines if and when your claim gets paid. Be careful what you say to your adjuster and make sure that you have a copy of your policy. Insurance adjusters don't always give out policies and usually do not tell you when they see a legitimate claim. The claimant typically has to read the policy and prove the claim themselves. It is often helpful to hire a Texas attorney familiar with homeowner's insurance claims to assist with an insurance claim including fire damage, water damage, burglary, theft, flooding, storm damage or loss of personal property.

Hurricane Harvey Loss of Business Insurance Claims

As a business owner, there is nothing worse than having your entire inventory destroyed by a storm like Hurricane Harvey and then learn that your insurance company is denying coverage. These situations have become more common over recent years as insurance companies have found that it is often easier to deny coverage on policies that they write or send a reservation of rights letter to their insured, than to pay or fight a legitimate claim for hundreds of thousands of dollars.

If you are a business owner, commercial insurance claims can be difficult and complicated insurance claims. These claims are typically fought hard because the policy limits are typically a million dollars or more. These commercial policies can be extremely complicated and can include loss of business coverage and/or inventory coverage.

Hurricane Harvey Loss of Livestock and Loss of Crops

Whether you are a farmer or rancher loss livestock and crop insurance claims can be difficult and complicated insurance claims. These claims are typically fought hard because the policy limits are typically high value. These livestock and crop policies can be complicated. Texas insurance claim lawyer Jason Coomer can assist you with maximizing your claim.

For more information on Hurricane Harvey Insurance Claims, please feel free to contact Texas Hurricane Harvey Insurance ClaimLawyer Jason Coomer or go to the following web page for more information: HurricaneHarvey Insurance Claim Lawyer