October 2014 Archives

Health Care Innovators Alert! $840 Million Available for Quality Improvement Initiatives

On October 23, 2014, the Secretary of the Department of Health and Human Services announced the "Transforming Clinical Practice Initiative." The Initiative is intended to foster large-scale delivery system transformation by leveraging providers who have proven success in delivering less costly, quality patient care to teach and guide other providers to do the same.

Are You Covered? Health Insurance Open Enrollment Period Starts Nov. 15, 2014

Per the Affordable Care Act, individuals must have health insurance coverage in 2015 or pay a penalty to the IRS of either 2% of income, or $325 per adult ($162.50 per child) - whichever is higher.

Stock Fraud "Pump and Dump" Schemes Don't Just Happen in the Movies

The critically acclaimed movie, "The Wolf of Wall Street," directed by Martin scorsese and released in 2013, recounted the story of a former stockbroker convicted of fraud crimes related to stock market manipulation as part of a penny stock scam. Leonardo DiCaprio played the lead character, based on a real person named Jordan Ross Belfort. Belfort's story had previously inspired the movie "The Boiler Room," starting Giovanni Ribisi and Ben Affleck, among others.It seems art imitated life... which imitated art again. Eight people were recently indicted on charges of defrauding thousands of investors in penny stocks, through a $290 million dollar "pump and dump" scheme. In a "pump and dump" scheme, a small group of speculators accumulate a large number of shares in a stock. Once their positions are in place, they will release positive news reports about the stock in order to drastically affect people's perception. The intent is to get investors to start trading irrationally and increase the price of the stock. Before the news is discovered to be false, the original speculators exit with large profits.

Contact Our Firm And Schedule A Consultation

Work with our experienced team of lawyers. Call 866-353-3310 or email us today to schedule a consultation.

View Office Locations

Bold labels are required.

Contact Information

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

Email Us For A Response

Rhode Island
Northwoods Office Park
1301 Atwood Ave.
Suite 215 N
Johnston, RI 02919

Toll Free: 866-353-3310
Phone: 401-824-5100
Fax: 401-824-5123
Map & Directions

One International Place
Suite 1400
Boston, MA 02110

Toll Free: 866-353-3310
Fax: 866-353-5020
Map & Directions

Boca Raton Office
Peninsula Plaza
2424 North Federal Highway
Suite 204
Boca Raton, FL 33431

Phone: 561-362-2030
Fax: 866-353-5020
Map & Directions

901 Main Street
Suite O
Osterville, MA 02655

Phone: 508-420-7159
Fax: 508-420-7162
Map & Directions

GPS Directions to this office: 555 Valley Street, Providence, RI 02908