Tag Archives: Rate

The Wall Street Fraud Watchdog Launches Investigations Into Auction Rate Securities Damages, Stock Broker Churning & Mutual Fund Negligence


Washington, DC (PRWEB) February 2, 2009

For nearly a year Americas Watchdog’s Wall Street Fraud Watchdog has been waging a battle in behalf of cheated and defrauded auction rate securities victims. While there have been some settlements announced, there are still numerous banks, stock brokerage firms, and others who sold auction rate securities to innocent investors that have yet to agree to any refund. Because auction rate securities involved fraud on the part of the biggest sellers the Wall Street Fraud Watchdog is also demanding that all auction rate securities investors classified as “institutional investors” be given a refund also.

As the Wall Street Fraud Watchdog has continued its battle for duped auction rate securities investors the group has been deluged with calls from the adult children of US senior citizens who feel like their parent/relative has had their stock account churned by a US stock broker or bank investment advisor. At the same time the group receives daily calls from gigantic losses in 401-K retirement accounts made up of supposedly safe US Mutual Funds. So today the Wall Street Fraud Watchdog is launching three different initiatives, focused on Wall Street fraud, stock broker/bank investment advisor abuse or fraud, and US Mutual Fund negligence; as follows:

Auction Rate Securities:

On February 14, 2008, the supposed auction rate securities market collapsed, leaving 145,000 individuals, plus countless institutional customers wondering if they had lost their life savings, or a significant investment. As it turned out, the auction rate securities market was basically a giant Ponzi scheme. It has come to light that the auction rate securities markets were suffering failures, as far back as the summer of 2007. By infusing money into the auctions, US banks and investment bankers made it appear that the auctions were safe, or sound. According to the Wall Street Fraud watchdog, “this is fraud 101, you had intent, the major banks and major investment bankers concealed the truth from both retail & institutional investors, and there needs to be indictments for those involved.” The Wall Street Fraud Watchdog is also requesting that the New York, Massachusetts & Missouri State Attorney Generals give investors who purchased auction rate securities through Wells Fargo, Openheimer, E-Trade and Raymond James an update as to the status of possible recoveries, from these banks, or stock brokerage firms. Victims of the auction rate securities who have suffered business losses, legal fees or other costs may be entitled to “consequential damages”, according to FINRA. For more information, auction rate securities victims can call the Wall Street Fraud Watchdog anytime at 866-714-6466 or contact them via their web site at http://WallStreetFraudWatchdog.com.

Stock Churning:

The Wall Street Fraud Watchdog is encouraging the adult children or relatives of all US senior citizens to check their stock brokerage, or bank investment advisory services statements, for suspicious trading activity, or high volumes of stock market trades, that do not make sense. The Wall Street Fraud Watchdog is concerned that tens of thousands of US senior citizens had their stock market accounts churned by unscrupulous stock brokers or bank investment advisors in order to get commissions on the trade in 2008. As a result of this, the Wall Street Fraud Watchdog believes that tens of thousands of US senior citizens may have been fleeced out of a large portion of their life savings, or retirement accounts. If an adult child of a US senior citizen believes their parent has been a victim of stock churning on the part of a US stock broker, or bank investment advisor, please call the Wall Street Fraud Watchdog anytime at 866-714-6466, or contact them via their web site at http://WallStreetFraudWatchdog.com

US Mutual Fund Negligence:

To say that most US Mutual Funds have been negligent in the handling of US Mutual Funds, is an all time understatement, according to the Wall Street Fraud Watchdog. Millions of US citizens have seen their life saving vaporize in US Mutual Funds, in the last two years. Was it rocket science to know that share prices in US banks, investment bankers, retailers, homebuilders, machinery manufacturers, auto companies, and other sectors would all plummet, as a result the US real estate implosion? According to the Wall Street Fraud Watchdog, “so what did mutual fund managers do? Watch or stand by as the stock went to zero?” According to the group, “There needs to be accountability on the part of US Mutual Fund Managers, and there needs to be class actions, or lawsuits for this extreme negligence.” If you are a victim of a significant Mutual Fund loss please feel free to contact the Wall Street Fraud Watchdog anytime at 866-714-6466 or visit their web site at http://WallStreetFraudWatchdog.com.

The Wall Street Fraud Watchdog is all about investor protection and Wall Street integrity. For more information cheated US, or International Investors can contact the Wall Street Fraud Watchdog anytime, at 866-714-6466 or visit their web site at http://WallStreetFraudWatchdog.com.

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Income at Risk: Quarterly Unemployment Rate for People with Disabilities Climbs along with SSDI Claims, Reports Allsup


Belleville, Ill. (Vocus) October 26, 2010

During the third quarter of 2010, unemployment rates for people with disabilities climbed to their highest quarterly rate in a year and continued to outpace the unemployment rate for other workers, according to a quarterly study by Allsup, a nationwide provider of Social Security Disability Insurance (SSDI) representation and Medicare plan selection services.

The Allsup Disability Study: Income at Risk shows that for the third quarter of 2010, people with disabilities experienced an unemployment rate 67.7 percent higher than people with no disabilities. Specifically, the unemployment rate for the third quarter averaged 15.6 percent for people with disabilities, compared to 9.3 percent for people with no disabilities, according to non-seasonally adjusted data from the U.S. Bureau of Labor Statistics.

The Allsup Disability Study: Income at Risk also shows that during the third quarter of 2010, the number of people with disabilities unable to work and applying for SSDI climbed to 764,902, an increase of 4.3 percent compared to third quarter 2009. Year-to-date, more than 2.25 million people have filed disability claims. Nearly 1.8 million SSDI claims are pending with an average cumulative wait time of more than 850 days, based on Allsups analysis of the Social Security disability backlog.

The number of people filing for disability claims has doubled compared to 2001, said Paul Gada, personal financial planning director for the Allsup Disability Life Planning Center. Contributing factors include both the aging population and the high unemployment rate. Some people with disabilities are never able to return to work after a layoff.

According to Gada, people applying for SSDI need to understand the importance of acting quickly to secure benefits. Someone who is qualified needs to apply as soon as possible given the backlog and to ensure they meet certain qualification restrictions, Gada said. They also need to plan financially for what likely will be a significantly reduced income.

Understanding SSDI Benefits

People unable to work due to a severe disability need to understand the specific financial resources available to them — and their families — under the SSDI program. SSDI is a mandatory, tax-funded, federal insurance program designed to provide individuals with income if they are unable to work for 12 months or longer because of a severe disability, or if they have a terminal condition.

Individuals must have paid FICA taxes to be eligible. As a result, peoples SSDI benefits are calculated using their earnings history. Because someones work history varies depending on age and life experiences — benefits can vary widely by age and gender.

Allsup outlines the following considerations when planning for the financial future:


Regular monthly income: SSDI is a regular monthly payment and usually provides annual cost-of-living adjustment (COLA) increases (though none for 2010 or 2011).

In September, the average monthly benefit for a person qualifying for SSDI was approximately $ 1,066. But specific benefit amounts can vary greatly. For example, the average September monthly benefit for men was above average at $ 1,190, while womens monthly benefit was $ 929. Age also plays a significant factor as the chart shows below:

Age — Average Amount* (overall) — Average Amount* (male) — Average Amount* (female)

30 — $ 750 — $ 767 — $ 730

40 — $ 896 — $ 938 — $ 852

50 — $ 1,019 — $ 1,110 — $ 921

60 — $ 1,181 — $ 1,348 — $ 988

64 — $ 1,203 — $ 1,404 — $ 967

*Figures rounded to the nearest dollar.

Source: Social Security Administration, as of June 30, 2010

Spouse and dependent benefits: A spouse and dependents of someone receiving SSDI benefits also may be eligible for benefits. The average monthly benefit for a spouse in September was $ 287, with men receiving $ 239 on average, and women receiving $ 289 on average. To be eligible, the spouse (or former spouse if the marriage lasted at least 10 years) must have a child under age 16 or a child with disabilities, or be at least 62 years old. With regard to children, there are different categories of dependents and the payment amount varies. According to the SSA, the average September monthly benefit to a dependent child was $ 318.

Keep in mind that individuals can find an estimate of their benefits by examining their Social Security statement, which the Social Security Administration (SSA) mails out on an annual basis.

The SSA recently announced there will not be a COLA for a second consecutive year, so benefit amounts will continue to hold steady in 2011. There has been little fluctuation in the average monthly benefits since the start of 2009, Gada said.

In addition to monthly income and dependent benefits, SSDI also includes provisions for protecting future retirement benefits, the opportunity for extended COBRA benefits, eligibility for Medicare 24 months after a persons date of entitlement to SSDI cash benefits, as well as prescription drug coverage.

Its important that people apply as soon as they are eligible and make certain they are receiving all the benefits that apply in their circumstances, Gada emphasized.

If you have questions about SSDI eligibility for you or someone you know, please contact the Allsup Disability Evaluation Center at (800) 279-4357 for a free evaluation of your situation.

Allsup also provides free financial planning tools to help people better manage their finances while awaiting SSDI benefits at http://www.allsup.com/personal-finance . Medicare plan selection services also are available through the Allsup Medicare Advisor

Neill Marangi – San Diego Divorce Attorney Announces Flat Rate Divorce Services


Chula Vista, California (PRWEB) December 08, 2012

The San Diego divorce attorney Neill Marangi announces flat rate divorce services.

The California family law attorney will offer affordable, flat rate divorce and separation assistance to San Diego and Chula Vista residents.

Californians have desperately needed an affordable and effective source of representation when it comes to divorce and child custody and support issues for a long time and one San Diego family law attorney is changing the system to offer a solution for everyone which provides just that. A new flat rate divorce option means one payment, and no hourly fees regardless of whether it is a contested or uncontested divorce.

California has been dubbed Divorce Capitol of the World for some time but with new statistics revealing the states high divorce rate there are few untouched in one way or another by this ruinous epidemic which wreaks havoc on the lives of so many Californians.

According to Californiality.com and an interview with Dr. Jacqueline Del Rosario, a leading marriage counselor the divorce rate in California is now pushing 75%. Additionally NBC 7 News San Diego reports that military families are having an especially hard time, with 30,000 divorces last year, reaching the highest level in 13 years.

It isnt just celebrities with high profile divorces in the media like Tom Cruise, Katy Perry or Kim Kardashian who are splitting either. These celebrities may not wince at forking out large attorneys fees, airing their laundry in public and allowing the situation to drag on. The real victims are the average Chula Vista and San Diego citizens who cant afford lengthy and costly legal battles yet desperately need representation and an experienced family law attorney to stand up for them and help them protect their rights.

Unfortunately one of the top complaints about attorneys from those getting divorced in San Diego, CA remains high hourly rates and lawyers creating more work for themselves. On top of this many find that despite a great pitch from legal services telling them what they want to hear and promising the world, many lawyers let it all fall to pieces in the court room leaving clients feel as if they have been sold out.

Chula Vista based attorney at law, positive reviews of Neill Marangis family law practice is out to change all of this. Of those who have utilized the lawyers services so far Rowena from Chula Vista says Good prices compared to the quotes I had from other attorneys, he handled himself very well in court while Jesse also of Southern California whose custody case was handled by the Marangi law office said He was very efficient and kept the cost low, I appreciate the attention he gave my case. A number of others have offered their positive reviews of Neill Marangis family law practice, commenting they were happy that the situation was able to even be settled out of court.

Still Neill explains that he felt the need to go further and offer a flat rate divorce service which was completely transparent, affordable and easy to understand for Californians. This means no surprises; no raking up more debts and a faster resolution so that clients can sleep better at night and enjoy a fresh start.

San Diego County divorce attorney Neill Marangis office specializes in family law including; divorce settlements, separations, paternity, property division, child custody, visitation, child support and the modification and enforcement of orders.

Neill Marangi has exclusively practiced family law in San Diego for almost 20 years, 11 of those in his own firm which opened back in 2001, meaning clients have the advantage of not just a well-educated attorney but one that has proven to be effective in the local court system and even enabling issues to be settled without the need for the courts to get involved.

However, what is really refreshing is not only the new flat fee CA divorce service but the invitation for prospective clients to benefit from a free in person or telephone consultation to make sure it is a good fit and that they can really be helped before deciding on using the attorney.

Anyone facing challenges with a San Diego County divorce or child custody case and who would like to find out more about the flat rate program and how Neill Marangi can help can find his website at http://neillmarangi.springvilleproperties.net/, with the main office being located at 259 Third Ave. Chula Vista, CA 91910 or can call in for a confidential consultation on 619 420 1600.







America’s Favorite Cheap Car Insurance Tool, Rate Digest, is Releasing Three Ways Personal Injury Protection Coverage is Saving Drivers’ Money Through Cheaper Premiums


(PRWEB) March 01, 2013

With over 5 million accidents in the US each year, the odds of being in an automotive mishap have increased to a common occurrence. However, the inconvenience of being in an accident is still just that: an inconvenience. Even if serious injury is avoided, the driver must deal with insurance claims, multiple forms, and the fact that their vehicle is damaged. Rate Digest knows this, and in addition to helping consumers find cheap auto insurance, they have released 3 ways Personal Injury Protection can lessen the burden of a car accident.

The first benefit of Personal Injury Protection (PIP) is medical coverage after an accident. On their blog, Rate Digest has given several valuable hints concerning this aspect, including the importance of stating the cause of injury. PIP will only apply in cases of automotive collision, so consumers are advised to inform the hospital or clinic exactly why the visit is necessary. As PIP is a common insurance extension and mandatory in several states, most doctors will know that those bills should be submitted for payment through a PIP policy. If the consumer is looking for a new insurance provider or to compare their current coverage rates with other top providers, it is recommended to visit http://www.ratedigest.com.

The second way drivers are saving money is through wage continuation. This applies to the driver who, upon the accident, is injured the point of missing work for any length of time. Should their policy be accepting, such drivers can potentially get continued financial support through the time of recovery. Another way to save money is finding cheap auto insurance. To compare rates online, visit Rate Digests unique comparison tool. Compare Cheap Car Insurance Quotes Here.

A third way Personal Injury Protection can help the consumer from spending is additional costs such as child care. In this case, the drivers injuries would prevent them from properly caring for their children, thereby allowing for PIP to pay for that care.

About Rate Digest:

Rate Digest provides a unique way for consumers to compare insurance costs and get free quotes from trusted companies across the nation. Rates as low as $ 19/month are possible through Rate Digests services.







U.S. International Child Abduction Rate More Serious Than Anticipated


(PRWEB) January 10, 2012

According to Peter Thomas Senese and the I CARE Foundation’s recently published resource guide on international child abduction titled ‘The World Turned Upside Down,’ the total number of ‘unreported’ cases of international child abduction in the United States is surging at levels forecasted to be equal to or greater than the total number of ‘reported’ cases due to a lack of knowledge by undocumented residents living in the United States and due to limited understanding by family lawyer practitioners that legal remedies exist under the Hague Convention that can enable for the return of a child. As international child abduction grows to epidemic proportions, the I CARE Foundation seeks lawyers to join the Department of State’s “Hague Convention Attorney Network”.

Many undocumented residents living in the United States who have had their child abducted abroad do not realize they have legal rights under the Hague Convention or are hesitant to turn to OC I for assistance, though OCI is willing and able to assist them under rules of The Hague Convention.

Due to limited understanding by undocumented residents living in the United States, along with attorneys practicing family law who are unfamiliar with the provisions of The Hague Convention and a child’s habitual residency, the majority of targeted undocumented parents of abduction are never reunited with their abducted child due to their failure to file a Hague Convention case with the Department of State. Prevalent amongst unreported abduction are cases of abduction occurring on American soil by undocumented residents who originate from Mexico, South and Central America.

St. Petersburg, Florida Attorney Patricia Lee, a Director of the I CARE Foundation and a member of the Department of State’s “Hague Convention Attorney Network” commented, “It is the clear policy of the United States implementing agency for the Hague Convention to assist parents victimized by child abduction, regardless of their residency status. It is shocking and heartbreaking to know that any parent would feel they could not avail themselves of what may be the only help available to them to reunite with their children across international borders, out of fear of personal retaliation. In this time of such criticism of our government, I am very proud to know that our State Departments Office of Childrens Issues takes such a position. They maintain lists of referral attorneys, many of whom are willing to assist victimized parents on a reduced fee or pro bono basis. The office also maintains lists of knowledgeable mentor attorneys, and experienced staff in all areas of child abduction and abduction prevention. They are a wealth of information and assistance to victimized parents, including in obtaining assistance in other countries. Anything we can do to get the word out to legal professionals and every victimized parent, regardless of national origin or residency status, is crucial to staunch the flow of these cases worldwide. Critically, undocumented residents in the United States need to know that if their child is abducted abroad, both they and their child have legal remedy available to them – and it starts with the State Department’s Office of Children’s Issues

Gloria Nyberg, born in Bogota, Columbia, a member of I CARE’s Advisory Board, and a child advocate with a long and esteemed history of reuniting children who have been particularly abducted to South and Central America, said, “Over 20 years ago, when I first became aware of the incredible amount of children taken by parents and strangers out of the United States, many of them to never been seeing again by the families, I decided to help and bring some remedy to the problem. I have worked successfully with the Mexican and other Latin American countries’ governments in particular, assuring the undocumented community living in the United States that the government will cooperate with them and try to protect and return their children regardless of their legal residency status. Personally, I never had or even heard of a deportation due to reporting a child missing. In my many years of experience in these area, and having helped to bring over 60 children back to their custodial parent, I have always found the United States governmental agencies have cooperated extremely cooperative regardless of immigration status. Undocumented residents need to know that they can turn to the OCI for assistance because the individuals are there to truly help them and their abducted children.”

A highly informative report compiled by the renowned Washington based Pew Hispanic Center reports that most immigrant groups are comprised of young families. The likelihood that a child will be born while the parents are present in the U.S. is high. Prior to 2007, data collected on parents of children under 18 only identified one parent, and a second parent could only be identified if they were married to the first parent. Currently, a second parent identifier is considered whether or not the parents are married to each other.

In 2008, 22% of all children in the United States had at least one foreign-born parent. According to the Center for Immigration Studies in its March 2007 analysis, immigrants and their U.S. born children under age 18, as a share of population is as follows:

California – 37.9%,

Los Angles County – 50%,

New York State – 27.9%,

New York City – 46.7%

Florida – 27.9%.

Although 31.3% of all immigrants originate from Mexico, other countries have significant entry numbers as well. Included in the March 2007 Current Population Survey (CPS) were statistics indicating that 17.6% of all immigrants were from East/Southeast Asia, 12.5% from Europe, 5.5% from South Asia, 3.5% from the Middle East, and Canada at 1.9%.

In 2007 CPS, it was estimated that of the approximately 37.9 million immigrants present in the U.S., nearly 1 in 3 immigrants were present illegally.

In regards to children born to illegal immigrants, in the five-year period from 2003 to 2008, that number rose from 2.7 million to 4 million. The report published by the Pew Hispanic Centers reported that nationally the children of illegal immigrants now comprise 1 in 15 elementary and secondary students in the U.S. In Arizona, California, Colorado, Nevada and Texas more than 1 in every 10 students in those states are the children of illegal immigrants.

One of the most recent Department of State reports to Congress reports that over 1,640 American children abducted abroad. In addition, a recent Government Accountability Office report cites that the number of reported international child abduction cases nearly tripled from 2006 to 2009. According to the published findings cited in Peter Thomas Senese and Carolyn Ann Vlk’s ‘The World Turned Upside Down’, if current growth projections occur, over 50,000 American children will be ‘reported’ abducted internationally from now until 2020. This number is expected to be mirrored by the number of ‘unreported’ cases.

New York attorney Joel S. Walter, a Director of the I CARE Foundation, stated, “It is unfortunate that children who have habitual residency in the United States and are the offspring of undocumented residents are internationally abducted without the targeted parent knowing that they and their children have rights under the Hague Convention and that the Office of Childrens Issues is there to assist them. Part of the I CARE Foundation’s mission is to help educate this community and potentially attorneys who may be of assistance to them.”

For more information, the I CARE Foundation urges all parents, including documented and undocumented residents, who have had a child of habitual residency living in the United States, to contact the Department of State’s Office of Children’s Issues Outreach Division for further information. Lawyers representing undocumented parents or who are interested in finding o

SexOffenderMap.org Lists Top Ten States with Highest Rate of Offenders


Los Angeles, Ca (PRWEB) August 09, 2013

Sex Offender Map, a free service providing information to parents and concerned citizens about the sex offender rates in their states and neighborhoods, announces its 2013 list of the top ten states with the worst sex offender rates. The three states that top the list are Delaware, Wyoming and Oregon.

Using demographic profiles of each state combined with sex offender data from the Parents for Megan’s Law website, the list highlights the top ten states with the highest amount of sex offenders per 1,000 people. The full list can be found on this page.

Created in response to 30 years of police work in California and Florida, Sex Offender Map was founded by retired police officer Sam Hadfield after he experienced first-hand the rapid re-conviction rate of many sex offenders. Mr. Hadfield noted that many tended to commit second and sometimes even third offenses almost immediately after being released from jail. Multiple studies and statistics from the U.S. Department of Justice echo Mr. Hadfield’s experiences. According to the Department’s data, roughly 70 percent of sex offenders commit a second crime, 19 percent of rapists are re-convicted, and a child is sexually abused every two minutes.

According to an article on the Sex Offender Map site written by Mr. Hadfield, “As a measure of precaution, I have always warned families with teenagers and young children to avoid living in neighborhoods where there are many registered sex offenders, to be better safe than sorry. I decided to launch this website to help Americans keep track of sex offenders in their neighborhoods, and to provide valuable information and tips to families that want to learn more about how to stay safe and avoid the worst.”

By partnering with public safety site AlertID, Sex Offender Map offers a free tool that shows the exact location, name and picture of sex offenders living in neighborhoods all over the nation. With nearly 748,000 sex offenders registered in the U.S. alone, Sex Offender Map helps parents and loved ones protect their children by understanding their surroundings and neighborhoods.

About Sex Offender Map:

Sex Offender Map is a free service launched by Sam Hadfield, a retired police officer having served in the states of Florida and California. The website helps families get up to date information about sex offenders living in their neighborhood, city and state. For more information, visit http://sexoffendermap.org/top-10-states-with-highest-rate-of-sex-offenders-in-2013/.