Mahany Law

Latest from Mahany Law

FDA, Prosecutors Cracking Down on Pharmaceutical Companies and Labs that Use False Clinical Trial Data There is probably not a person alive in the United States today that doesn’t know how quickly the pharmaceutical industry moved to develop a COVID-19 vaccine. When President Trump and Dr. Fauci announced that a vaccine could be developed and approved within a year, many were skeptical. It had never been done. By early 2021, nursing home patients and healthcare…
That’s not a misprint. A whistleblower is about to receive $28 million for blowing the whistle on healthcare fraud. Even crazier, the whistleblower was only with the company that broke the law for a few short months. The U.S. Attorney’s Office in Nashville, Tennessee says a call center employee will receive over $28 million for blowing the whistle on a mail order diabetic testing supply scheme. State and federal prosecutors say Arriva Medical violated…
Spoofing Whistleblowers Eligible for Millions in SEC and CFTC Cash Rewards Recently there has been an uptick of traders being accused of spoofing. Today, two former Merrill Lynch traders were convicted of criminal spoofing charges in a Chicago federal court. Spoofing involves rapidly sending many deceptive orders that can mislead traders into thinking supply and demand have changed. This mirage of phantom trades can move prices in a direction desired by the spoofer, while causing…
Important Information for Homeowners Who Sought a COVID-19 CARES Act Mortgage Forbearance Home Sweet Home? Not if Your Lender Violated COVID CARES Act Mortgage Forbearance Rules Recently we have uncovered several loan servicers and mortgage companies that have violated federal laws on COVID-19 related mortgage forbearances. Last year, Congress gave homeowners important new rights. Under the federal CARES Act, most homeowners are entitled to a forbearance on their mortgage of between 6 months and a…
CMBS Loan Maturities and COVID-19 Last year was a rough year for many CMBS borrowers, particularly those owning hotels, retail space (shopping centers) and office buildings. In a matter of a few short weeks our nation went into lockdown. Even in red states where many businesses were allowed to stay open, people stopped traveling. Vacationers disappeared. Restaurants closed and America……
Everything You Need to Know about Building Collapse Lawsuits and How to Prevent Tragedy from Striking Less than one day after the collapse of the Champlain Towers South condominiums in Surfside, Florida, the first lawsuit was filed. Two days after the tragic collapse, at least one law firm launched a “Florida Building Collapse” website. While we have our own thoughts about these efforts, our focus has been on early detection and prevention of these tragedies.…
Stop the Fraud! Mortgage Servicers and Lending May Be Ripping Off Homeowners (Again) – CARES Act COVID 19 Mortgage Forbearance Ripoff Investigation Important Information for Veterans and Other Homeowners Seeking Hardship Forbearance The mortgage fraud lawyers at Mahany Law are investigating reports that Dovenmuhele Mortgage and Royal Pacific Funding have been illegally charging veterans hundreds of dollars for appraisals. Under the federal CARES Act, veterans seeking a COVID 19 mortgage forbearance shouldn’t be charged fees…
Do You Have Information about HUBZone Fraud (or any Small Business or Minority Owned Business Designation Fraud)? You May Be Entitled to a Large Cash Reward A private contractor doing work on a multibillion Department of Energy product has agreed to pay $3 million to resolve claims that it falsely presented two subcontractors as HUBZone small businesses. The claims also involved falsely designating a subcontractor as a woman owned small business. The case was brought…
There Are Thousands of Unapproved Stem Cell Clinics in the U.S. At Best, You Are Throwing Away Your Money, at Worst, Your Life An investigation by the Arizona Republic found 238 unlicensed stem cell clinics. That is just in Arizona! If you extrapolate that figure it suggests there are 10,731 unlicensed clinics nationwide! How is this possible? There are many reasons. The stem cell business is still the wild, wild west. The FDA has jurisdiction…
New Reward Opportunities for Bank Money Laundering Whistleblowers The Justice Department announced that Swiss bank, Julius Baer & Co admitted in court that it conspired to launder $36 million in bribes to soccer officials with the Fédération Internationale de Football Association (FIFA). As part of the court proceedings, Julius Baer entered into a three year deferred prosecution agreement. The bank had been charged with criminal conspiracy to commit money laundering As part of the plea…