Elderly grandmother who lost life savings is first to successfully challenge insurance giant LOS ANGELES, Aug. 31, 2016 /PRNewswire/ — A Los Angeles Superior Court jury awarded $15.6 million to a grandmother who lost her life savings in a bogus investment fund that was offered by a MetLife insurance agent. After an eight-week trial, the ... Read More
Donahoo & Associates, PC began a trial this week against MetLife, Inc. The case involves a defunct real estate fund, Diversified Lending Group, run by Bruce Friedman, that offered a high guaranteed rate of return to its investors. The suit alleges DLG was introduced to the investors by MetLife agents and brokers, who themselves learned ... Read More
An article in this week’s New York Times summarizes the issues raised in an ongoing lawsuit against MetLife and two of its subsidiaries. The case involves a defunct real estate fund, Diversified Lending Group, run by Bruce Friedman, that offered a high guaranteed rate of return to its investors. The suit alleges DLG was introduced ... Read More
Employee misclassification continues to cost workers their lawful wages. They may not receive their on-the-job benefits and are shorted earned wages. When employers intentionally misclassify workers it is considered wage theft. Employee Misclassification: Independent Contractor One way workers are misclassified is when they are improperly designated an Independent Contractor. They are paid a flat rate ... Read More
The Department of Industrial Relations (DIR) and the Orange County District Attorney announced that they have charged an Orange County company with multiple felony counts of failing to pay employees prevailing wages on public works contracts, tax fraud, and insurance fraud. Businesses that fail to pay prevailing wages are subject to criminal prosecution as well ... Read More