The luxury car company, Mercedes-Benz, has failed to take the health of their drivers into account when evaluating the severity of a mildew issue in their heating and air-conditioning components. It is argued that Mercedes-Benz and its parent company, Daimler AG, have been aware of the issue since 2008, but the entities did not uphold their duty to fix the issue. In response, consumers filed a class-action lawsuit last year, which just recently reached a settlement. Continue reading
Tag Archives: fraud
The Real Estate Husband Drama of Beverly Hills
For those who are dedicated fans of The Real Housewives reality show franchise, we can relate to tuning in every week for the latest drama of five to eight women from all regions of the country. Since 2006, Bravo has focused on the lives and interactions of affluent women and their families in New Jersey, Dallas, Potomac, Orange County, New York City, Atlanta, and Beverly Hills. Let’s not forget the DC ladies who powered through one season. Their husbands and significant others play minor roles in these shows, however, one husband has recently emerged in the spotlight regarding an ongoing legal battle. Continue reading
Settlement: SEC Smells Musk
Tesla CEO Elon Musk’s settlement with the SEC has been approved by a judge. The South African businessman and investor was accused of fraud after tweeting that he had secured funding to take his auto-maker, Tesla, private.Musk will have to pay a hefty $20m fine and is being forced to step down as chairman within the next 6 weeks. The charges against Musk were filed by the SEC in the early fall, shortly after Musk allegedly rejected a potential settlement offer. Tesla stock plummeted around 40 points after his “secure funding” tweet. Musk, often boisterous and grandiose in his ideas, designs, and persona, is no stranger to trouble after he was shown smoking weed in a live broadcast. Read more
Whistleblower Finds Profit in Medicare Fraud
The degree of medical treatment a patient undergoes may determine the amount of Medicare reimbursement a medical facility will receive. Families may feel skeptical toward extensive healing of their loved ones; sometimes with good reason. While some treatments are overcompensated to help ensure a full recovery, others are simply unnecessary. Continue reading
For-Profit Schools Accused of Fraud
Kelli J. Amaya who worked as an administrator at the Harris School of Business and its Wilmington, Delaware campus had some serious doubts about the organization and its for profit chain of trade schools. She along with several other former employees aledge that school executives skewed aptitude tests and enrolled students that never should have been admitted. “I saw students who never should have been there, students with whopping gaps in learning abilities and major psychiatric problems who were just not capable of doing the work,” (Perez-Pena 2014) said Ms. Amaya. She goes on to say that “The bosses were always like, ‘Stop asking why they’re enrolled, just get them to graduation however you can’ ”(Perez-Pena 2014).