Following the recent collapse of share prices for the Schawb Yield Plus Fund, many investors are exploring their legal options to recover money they lost. The lawyers at Saiontz & Kirk represent investors who are pursuing individual claims against Charles Schwab for failing to properly disclose… Read More
The federal government has now made it easier for families to identify some of the worst nursing homes in American while they are researching which facility should be trusted to care for their loved one. Last year, the U.S. Centers for Medicare and Medicaid Services (CMS)… Read More
NBC's Today Show featured a report last week about a disturbing reality in many nursing homes. Sexual offenders and other elderly residents are often placed together in nursing homes, with no additional monitoring, warning or separation to help reduce the risk of abuse. The Today Show… Read More
According to an analysis of data involving U.S. Medicare patients, medical malpractice incidents between 2004 and 2006 resulted in 238,337 wrongful deaths. Preventable medical mistakes cost Medicare $8.8 billion and caused approximately 1.1 million unnecessary injuries. Researchers point out that many of these deaths and serious… Read More
In an effort to hold hospitals responsible for the burden of medical expenses associated with common mistakes made during the course of treatment, health insurer WellPoint has said that they will no longer pay for certain types of preventable errors. The insurer indicates that the move… Read More
The use of nursing home restraints is a common practice at many nursing homes throughout the United States. However, some facilities excessively use restraining devices not only to prevent residents from injuring themselves, but also as a form of punishment or as a matter of convenience.… Read More
The financial fraud lawyers at Saiontz & Kirk are reviewing potential auction rate securities lawsuits for investors who have suffered damages as a result of "failed" auctions which have now essentially frozen their funds. Although these investments were marketed by many brokerage firms as very safe… Read More
According to U.S. health officials, about a third of all falls involving seniors result in an injury, and many of these injuries can have a devastating long term impact on their quality of life. In nursing homes, falls can often be prevented if proper precautions are… Read More
Many investors in Morgan Keegan bond funds have suffered substantial losses as a result of negligent management and the brokerage's failure to adequately inform them about the nature of the securities which were in the funds' portfolios. The securities arbitration lawyers at Saiontz & Kirk are… Read More
In another disturbing display of elder abuse, a Michigan nurse's aid has been arrested on charges of urinating in a female patient's hair and pouring liquid soap on her husband's head. The abuse occurred at the couple's Muskegon, Michigan home, and the aid currently faces criminal… Read More
