Showing posts with label Financial Lawsuits. Show all posts

Class Action Lawsuit Filed Against Bank of Queensland

Posted on Wednesday, December 19, 2012 by Unknown


Bank of Queensland Class Action Lawsuit
Investors numbering 120 individuals filed for a class action lawsuit against the Bank of Queensland amidst failed investments with Storm Financial Company.

Investors borrowed money from different banks including BoQ and invested those funds using financial advices from Storm Financial. The investments failed when the stockmarket plunged during the global financial crisis. Image courtesy of couriermail.com.au

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Unum Class Action lawsuit – Definition and Settlement

Posted on Tuesday, October 2, 2012 by Unknown

UNUM class action lawsuit settlement
Unum, early known as First Unum and Unum Provident, is a Tennessee based insurance company formed after the merging of two competing insurance companies namely Unum of Portland, Maine, and Provident Life Chattanooga. It mostly handles employee benefits like life insurance, illness insurance, disability insurance, and long-term care insurance. Unum has three divisions, Unum Us that is headquartered in Tennessee, Colonial Life that is headquartered in South Carolina, and Unum UK that is headquartered in Dorking. Unum is the largest disability insurance in the United States and worldwide. It is estimated that almost 40% of all disability insurance policies in the U.S. or 17 million Americans is handled by the company. Controversies also plague the company amid massive abuse of powers and denied disability claims. The company currently faces numerous lawsuits for illegal denial of legitimate disability claims.

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Denied Disability Insurance Lawsuit - Definition and Disability Attorneys

Posted on Wednesday, August 22, 2012 by Unknown

Denied Disability Insurance Lawsuit
Image courtesy of publicdomainpictures.net
Disability Insurance, or sometimes called DI, is a form of insurance where the beneficiary's earned income is insured against the risk of disability. An example is when a person is physically or psychologically injured that cause disability and impairment to do work.

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Accounting Malpractice Lawsuit and Malpractice Lawyers

Posted on Saturday, August 18, 2012 by Unknown

Accountancy, a thousand years old subject, is the process of communicating financial information about a business entity to users such as shareholders and managers. Accounting is sometimes called as "the language of business" because it is serves as the vehicle for reporting financial information about a business entity to many different groups of people.

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