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FDAzar > Blog/News (Page 5)

PLAN PARTICIPANTS WIN ROUND IN BATTLE OVER NATIONWIDE 401K FEES

A federal judge has denied a motion to dismiss a lawsuit that claims financial services giant Nationwide Insurance Company is charging excessive fees for recordkeeping for 401(k) plans. The lawsuit, filed in June 2017 by Denver law firm Franklin D. Azar & Associates, alleges that Nationwide charged the Andrus Wagstaff, PC 401(k) plan and other similarly situated 401(k) plans excessive fees for recordkeeping and other services, resulting in charges as high as $625 per participant in 2014 and $500 per participant in 2015. The lawsuit alleges that those fees are almost ten times the reasonable charge for recordkeeping and other services,...

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WHEN TO GET AN ATTORNEY FOR A CAR ACCIDENT

night driving

Car crashes can be loud, scary, and even life-altering events. In addition to the trauma of the incident itself, there’s all the paperwork involved in dealing with the police and insurance companies, the hassle of arranging for repairs and alternate transportation, and various other ways that even a “minor” accident can disrupt your routine and plans. And beyond the more mundane aspects of the accident and its aftermath looms a larger question: Should I be talking to a lawyer about what just happened? Of course, not every traffic incident requires the services of an attorney. But it’s a question that should...

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The Craig Silverman Show 710KNUS News/Talk

FDAzar 710 KNUS

Saturday August 18th Frank Azar was interviewed on Craig's Lawyers' Lounge. Follow the link to listen to the full interview and find out more about The Strong Arm. The Interview Summary and Highlights Craig: We've never had a visit from the Strong Arm. Everybody in Colorado knows the Strong Arm. He's got to be one of the most famous people in Colorado. His name is Frank D. Azar and is here in the lounge. Welcome, Frank. Frank: Thanks for having me, Craig. It's been tough getting here. Craig: Well, tell everybody the Frank Azar story. And does it have anything to do with Trinidad, Colorado? Frank:...

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OMG, TMI: TIPS FOR PROTECTING YOUR PRIVACY ONLINE

These are tumultuous times out in cyberspace, from the massive data breach at Equifax last year that compromised the personal data of 148 million people to the recent revelations that private information about millions of Facebook users ended up in the hands of a political data firm seeking to influence voter behavior. In the wake of those incidents and others, more and more users of social media doubt their ability to protect their personal information online. According to a survey by the Pew Research Center, only nine percent of respondents are “very confident” that the safeguards on social media sites...

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WELLS FARGO CLASS ACTION LAWSUITS SEEK DAMAGES FOR EXCESSIVE AUTO LOAN COSTS

insurance contract

Thousands of motorists who financed their cars through Wells Fargo over the past decade may be entitled to compensation for being forced to buy insurance they didn’t need or for other fees that weren’t properly refunded. Two separate class-action lawsuits filed by Franklin D. Azar & Associates are seeking refunds for bank customers of the improper charges, and class members may be entitled to additional compensation for other damages caused by Wells Fargo’s actions...

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WHAT YOU SHOULD DO AFTER A TRUCK ACCIDENT

Traffic accidents can range from minor scrapes to catastrophic events that cause serious property damage and life-altering injuries. Until the damage can be properly assessed, it’s advisable to treat all on-the-road accidents very seriously. That’s particularly true if one of the vehicles involved happens to be a tractor-trailer or large commercial truck. It’s a simple matter of physics. Big rigs are 20-30 times heavier than passenger cars, with much greater ground clearance, and the occupants of the smaller vehicle tend to suffer greater injuries in any collision between the two. According to the U.S. Department of Transportation data, 3,986 people died...

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FDA DRUG APPROVAL PROCESS CRITICISM AND RISKS

As consumers, we all rely on government regulations and inspections to help insure the safety of the food we eat, the cars we drive, the toys we buy our children. But the safeguards we expect may be flimsier than we think, in one particularly critical area: the development of new pharmaceutical drugs and medical devices, many of which are now reaching the marketplace with minimal testing and weak regulatory oversight. Two recent investigative reports published by distinctly different media outlets, the Atlanta Journal-Constitution and the online watchdog ProPublica, provide disturbing evidence that efforts by the Food and Drug Administration to make...

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WORKING CLASS BLUES: JOBS THAT DON’T PAY MINIMUM WAGE

The Wage and Hour Division of the U.S. Department of Labor is responsible for enforcing the minimum wage. However, the law that governs wage requirements, carves out exceptions for certain kinds of employment. Some of the exemptions apply to specific classes of workers, such as young trainees, who are arguably getting other benefits from the work besides a paycheck. What can be done about wage and hour violations? ...

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DISTRACTED DRIVING: A RISING HAZARD ON THE ROADS

Stop Distracted Driving

Some traffic accidents are probably unavoidable, the result of bad weather, a mechanical failure, or poor road conditions. But the vast majority of mishaps on the road are preventable. Numerous studies of crash causation, conducted in the United States and elsewhere, have concluded that human error accounts for more than ninety percent of all crashes. Some of the most obvious forms of error include excessive speed and driving while intoxicated. Add to that list of risky behavior a bad habit that’s more dangerous than most people realize: Driving While Distracted. According to data compiled by the National Highway Traffic Safety Administration,...

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