Tag Archives: Recovery

Victims Seek Recovery of Funds Stolen by Former Securities America Advisor Hector May Who Pled Guilty to Ponzi Allegations

The Chicago-based securities and investment fraud attorneys at Stoltmann Law Offices are investigating claims by victims of former Securities America financial advisor Hector May. According to the criminal information filed against Mr. May in the United States District Court for … Continue reading

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Who Is Portfolio Recovery Associates?

ARE YOU GETTING LETTERS OR COURT PAPERS FROM PORTFOLIO RECOVERY ASSOCIATES? WALKER AND WALKER CAN STOP THEM! Portfolio Recovery Associates is one of the most active debt collectors in Minnesota.  They often sue people in Minneapolis and Saint Paul and … Continue reading

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Ninth Circuit Allows Recovery Of Investor Referral Fees Paid In $120 Million Ponzi Scheme

A federal appeals court has ordered that a receiver can recover referral fees paid to a Ponzi scheme investor who referred friends and family to the scheme because those referral services did not provide value to the scheme.  The U.S. … Continue reading

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Court Says the Development of a Disabling Condition after Surgery for an Unrelated Condition Does Not Preclude Recovery of ERISA Disability Benefits under Pre-Existing Condition Exclusion

Insurance companies often seek to exclude insureds from coverage through their long-term disability (“LTD”) plans by asserting the pre-existing condition exclusion.  If an applicant for LTD benefits has a non-disabling condition or becomes disabled as a result of a condition … Continue reading

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EIB report on Banking in Africa: Read the findings of our review of the state of bank recovery and resolution laws in Africa

On 22 November 2018, the European Investment Bank (EIB) published the fourth edition of its banking in Africa report. This latest report, Banking in Africa: Delivering on Financial Inclusion, Supporting Financial Stability, focuses on recent developments in Africa’s banking sectors and … Continue reading

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