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Illegal Profits From False Claims About COVID-19 Vaccines

False Claims on COVID-19 Vaccine Making Illegal Profits

Written by Taher Kameli & Chathan Vemuri Due to the need for a vaccine in light of the devastating COVID-19 pandemic, biotechnology companies developing vaccine candidates have become the source of immense profit to stockholders investing in these companies.[1] Investors are betting on companies with promising candidates for successful vaccines, hoping to make millions, if not billions, off of the sale of these drugs. Already insiders from 11 small companies dependent on drug success or failure have sold over $1 billion in shares since March, in response to announcements of positive test results from heads of pharmaceutical

Supreme Court Conditionally Recognizes the SEC’s Right to Disgorgement

SEC Right to Disgorgement Recognized by The Supreme Court

Written by Taher Kameli & Chathan Vemuri The Securities and Exchange Commission (SEC) has long argued that as part of penalties sought from parties accused of unlawful activities in violation of securities laws, the SEC had a right to disgorge from the profits of the liable party as part of the remedies it could seek.[1] Disgorgement refers to a remedy by which parties who profited from illegal or wrongful conduct (“ill-gotten gains” so to speak) must return those profits that they made from that conduct to those they harmed in order to make them whole.[2]

Your patient and/or lawyer won’t pay for your services, how did you get here?

Physicians having issues with medical debt payments

Written by Taher Kameli & Eso Akunne Physicians having issues with medical debt payments often fall into two categories: (1) Patients who were injured in an accident lacking good health insurance who subsequently hire an attorney to file an insurance claim against the responsible party. OR (2) Chiropractors, doctors or physical therapists who provide treatment, on a lien basis, agreeing to wait for payment of their services when the case is settled.   How do you ensure payment? Physicians have often come to attorneys asking for payment for services rendered when a case settles or a judgment is made, to receive news that the attorney argues

Challenge to Employer-Friendly Joint-Employer Final Rule

Challenge to Employer-Friendly Joint-Employer Final Rule

Written by Taher Kameli & Chathan Vemuri The Department of Labor (“DOL”) under the Trump Administration granted what was seen as an administrative boon to employers when it issued its Final Rule on joint-employer status under the Fair Labor Standards Act (FLSA) in January of this year.[1] And yet since its passage, it has caused nothing but controversy as to the hurdles it causes for workers in terms of holding employers accountable for violation of their rights under existing labor laws.[2]   As part of the FLSA, employees can hold two or more employers jointly and severally

Businesses Sue Insurers for Their Refusal to Pay Claims During COVID-19

Businesses Sue Insurers For Not Paying Claims During COVID

Written by Taher Kameli & Julie Seong The long-term effects of the Coronavirus pandemic continue to reveal themselves in various ways. A United States Chamber of Commerce report shows that more than eight in ten small businesses have had to plan for changes made in response to the pandemic. The June report also shows that business owners’ negative sentiments toward the U.S. economy are slowly changing. However, the financial hit the majority of businesses took since March remains a reality. Although there have been multiple legislative proposals, bills, acts, and grants made available to both individuals and businesses in

Supreme Court Defines Standard of Education to Be Provided in Special Education IEP’s Under the IDEA of 1990

Special Education IEP’s Under the IDEA of 1990

Written by Taher Kameli & Chathan Vemuri On March 22, 2017, the United States Supreme Court reached a decision on what advocate\s have described as “the most significant special-education issue to reach the high court in three decades.”[1] The Supreme Court finally set out the standard by which a free appropriate public education (FAPE) could be defined under the Individuals With Disabilities Education Act of 1990. In a landmark ruling, Endrew F. v. Douglas Cnty. Sch. Dist. RE-1, the Supreme Court ruled that in order “[t]o meet its substantial obligation under the Individuals with Disabilities Education Act

Supreme Court Rules Unanimous for Child’s Right to Use Service Dog as Part of Special Education Accommodations under IDEA and Section 504

Supreme Court Rules for Child’s Right to Use Service Dog

Written by Taher Kameli & Chathan Vemuri On February 22, 2017, the Supreme Court in Fry v. Napoleon Community Schools ruled that a claim involving the right of a disabled child to rely on a service animal in her elementary school did not involve education specifically and therefore did not require exhaustion of administrative remedies under the Individuals With Disabilities Education Act of 1990 (IDEA) before filing a private lawsuit.[1]   This ruling was of special significance to those combatting discrimination in educational spaces outside of the confines of IDEA. Specifically, the Court made an important distinction between claims involving

The Supreme Court’s Confirmation of SEC’s Disgorgements in Liu v. SEC

Confirmation of SEC’s Disgorgement in Liu v. SEC

Written by Taher Kameli & Julie Seong A recent the United States Supreme Court decision confirmed that the Securities and Exchange Commission (SEC) can seek disgorgement of ill-gotten gains as an equitable remedy in SEC enforcement actions in federal court. Liu v. SEC was a case involving the SEC and married couple Charles Liu and Xing Wang, who was ordered to pay the $26.7 million they had collected from immigrants and misappropriated. On June 22, 2020, the Supreme Court’s Liu v. SEC ruling upheld the Securities and Exchange Commission’s ability to recover ill-gotten gains from those who commit financial

The Economic Effects of COVID-19 on Businesses

The Economic Effects of COVID-19 on Businesses

Written by Taher Kameli According to a Centers for Disease Control and Prevention report, there are 5,176,018 reported cases of  COVID-19 in the United States alone as of August 13, 2020. As a result, the lives of caretakers, family, and employers of the affected individuals have also been changed. The unemployment rate in the United States is estimated to be at 13 percent and counting, and Federal Pandemic Unemployment Compensation ended on July 25, 2020. This is the highest unemployment rate Americans face since the Great Depression. People and businesses have taken drastic measures to keep afloat. Several new laws

EPA Approves 1-Bromopropane For Use in the Workplace

EPA Approves 1-Bromopropane For Use in the Workplace

Written by Taher Kameli & Chathan Vemuri The Environmental Protection Agency (EPA) conducted a final risk evaluation on the substance 1-Bromopropane (1-BP), as per the Toxic Substances Control Act.[1] It sought to inquire about the safety of 1-BP for general use and the environment.[2]  On August 11, 2020, the Environmental Protection Agency (EPA) released this report.[3] Although it found that 16 out of 25 conditions of use presented an unreasonable risk to workers, occupational non-users, consumers and bystanders, the EPA still found that none of these conditions made 1-BP pose any unreasonable environmental

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