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Tag Archives: law firm

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80% of Philly Nursing Homes Cited for Pre-COVID-19 “Infection Control” Issues

By Green & Schafle |

Philadelphia Nursing Homes Unprepared for Pandemic According to an investigation conducted by NBC10 Philadelphia into local nursing homes, eight out of ten elder care facilities in Philadelphia were non-compliant with infection control standards prior to the COVID-19 pandemic. PA Nursing Homes Host 60% of Coronavirus Deaths Eight out of 10 nursing homes in the… Read More »

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New Funding for Pennsylvania Victims of Sexual Abuse

By Green & Schafle |

NEW FUNDING HELPS SEX ABUSE VICTIMS ACCESS COUNSELING Beginning this week, Pennsylvanians who have suffered rape and never revealed it to police can apply for a portion of $5 million to pay for guidance. “What we have seen with the #MeToo movement, what we have seen with all the unfortunate cases that have befallen… Read More »

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Jehovah’s Witnesses Under Investigation for Sexual Abuse in Pennsylvania

By Green & Schafle |

JEHOVAH’S WITNESSES UNDER INVESTIGATION FOR SEXUAL CHILD ABUSE LAWSUITS The office of Pennsylvania’s Attorney General is reportedly investigating the Jehovah’s Witnesses consistent refusal to report child sexual assaults accusations to appropriate authorities in what is considered the first wide-scale analysis by a U.S. law enforcing agency. A previous Jehovah’s Witness, Mark O’Donnell, who had… Read More »

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What to Look for in Hiring a Financial Adviser

By Green & Schafle |

WHAT TO LOOK OUT FOR BEFORE CHARTERING A BANK’S FINANCIAL ADVISER Seeking investment guidance in midlife can be tricky, so many people tend to use experts for help. However, so-called “experts” can be more detrimental than advantageous sometimes. According to Leida Snow, a Next Avenue contributor, she used to believe silver-tongued salespeople would never… Read More »

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Former Pro Baseball Player Wins $1.7M FINRA Award

By Green & Schafle |

$1.7 Million Award to Former Pro Baseball Player According to his attorney, Lloyd Schwed, Mr. Angel Pagan, former outfielder for the New York Mets, Chicago Cubs, and San Francisco Giants from 2006 to 2016, had a four-year $40-million contract with the Giants when he and his wife opened an account in Merrill Lynch’s Puerto… Read More »

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FINRA Pushes Ahead with New “Bad Broker” Rule

By Green & Schafle |

FINRA’S BAD BROKER RULE TO HIT FIRMS The Financial Industry Regulatory Authority (FINRA) has newly suggested a rule to put constraints on brokerage firms that hire brokers with a record of misconduct. If approved, it will pertain to “less than 2%” of broker-dealer firms, the CEO of FINRA, Robert Cook said Wednesday. To further… Read More »

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Website to Help Investors Recognize “Trusted Advisors”

By Green & Schafle |

WEBSITE TO RECOGNIZE ‘TRUSTED’ ADVISORS A new investment website is using regulatory data about financial consultants to go beyond securities regulators’ databases to help investors determine whom to hire. The Investor.com website just issued the “Trust Algorithm,” which is now available for unrestricted use. The tool scrapes background data on financial advisers retrieved from… Read More »

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How Brokers Violate Client Trust

By Green & Schafle |

A BROKER WITH A PERSONAL STAKE IN A CLIENT’S FINANCES IS ONE BIG RED FLAG Some might consider financial advisors holding a personal stake in a client’s finances normal. After all, the industry players often claim their primary goal is to become their client’s one, true, trusted advisor. However, this tangled arrangement comes with… Read More »

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Pennsylvanians to Get Stronger Sanctions Against Sex Abuse Charges

By Green & Schafle |

PENNSYLVANIANS TO GET STRONGERS SANCTIONS ON SEX ABUSE CHARGES AND LAWSUITS Recent legislation giving victims more time to sue and police more time to file charges in Harrisburg, Pennsylvania was set off by a new wave of reckoning over sexual abuse by clerics and priests in the Roman Catholic Church. Democratic Gov. Tom Wolf… Read More »

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Arbitration for Aggrieved Investors Is Fast — But Is It Fair?

By Green & Schafle |

Arbitration Is on the Rise in America Binding arbitration clauses have become a pervasive part of our national justice system. They control insurance contracts, entertainment contracts, and contracts investors make with broker-dealers. The reasons for the rise of binding arbitration clauses are manifold. The big question is, are they fair to most Americans? Let’s… Read More »

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