Does COVID-19 Fall Under Insurers’ Pollution Exclusions? What Realtors® & Other Business Owners Need to Know

In our March 31, 2020 article, we discussed the possibility of your business having coverage from losses resulting from closures due to the Coronavirus (COVID-19) pandemic. Since the issuance of statewide and municipal stay-at-home orders, the insurance industry has seen an influx in first-party (insured) claims as a direct result of COVID-19; however, there is the possibility that third-party claims may drastically increase. This article explores how COVID-19 may be treated under liability provisions and exclusions specifically intended to cover or exclude environmental and pollution claims.

Continue Reading...

Securities Losses from the Coronavirus – What Now?

It is likely many of you, your friends, family, and business associates have recently suffered substantial losses to your portfolios, 401(k) plans, deferred compensation plans, and related investment accounts. The question you must first ask is whether this was the fault of the market or was it primarily the fault of bad investment planning and advice by your broker.

Continue Reading...

If you’ve been the Victim of a Wrongful Foreclosure, or if Your Bank Failed to Honor a Modification, You May Be Entitled to Damages

Barnes Walker is involved in litigating against banks and other institutions who wrongly foreclose against their mortgages. Based on our investigation, large institutions such as Wells Fargo, J.P. Morgan Chase, Citigroup (CitiMortgage or CitiFinancial), Bank of America, U.S. Bank National Association, Deutsche Bank, One West Bank (Indymac Bank), Ocwen, Fifth Third, Bank of the Ozarks, […]

Continue Reading...

Fifth Third Securities, Inc. Receives $6M Sanction from FINRA

According to a FINRA news release dated May 8, 2018, Fifth Third Securities was sanctioned $6M for its failure to appropriately consider and accurately describe the costs and benefits of variable annuity (VA) exchanges and for recommending exchanges without a reasonable basis to believe the exchanges were suitable. If you purchased an annuity and have […]

Continue Reading...

FINRA Permanently Bars David W. Olson

In a review of FINRA’s disciplinary actions for May, 2018, Barnes Walker has learned that David Olson, who was registered with Morgan Stanley in St. Petersburg, FL, has been permanently barred from the broker industry. Olson has been involved in six customer disputes during his 29 years in the securities industry. He was initially suspended […]

Continue Reading...

Barry Kornfeld and First Financial Tax Group

Barnes Walker is investigating the sale of commercial promissory notes of the Woodbridge Group of Companies to the public by Barry Kornfeld. The Woodbridge Group of Companies filed for bankruptcy protection, making the full repayment of the notes unlikely. Mr. Kornfeld worked for the First Financial Tax Group. The sale of these notes to the […]

Continue Reading...