Sanford Heisler Blog

L-Share Annuities: Stale Wine in a New Bottle

Annuities are a constant subject of litigation, and for good reason. Although the companies that pitch annuities describe them as relatively simple products, they are anything but.  These are complex contracts with high fees, long lock-up periods and bewildering disclosure documents. Basically, an annuity is a life insurance policy that is bundled with a separate […]

Read More

The Motherhood Penalty a.k.a Caregiver or Family Responsibilities Discrimination

In a 2007 study, Cornell sociologists Correll, Benard, and Paik examined the motherhood penalty, a phrase sociologists use to describe the systemic disadvantages that working mothers often encounter in hiring, pay, promotion, and other aspects of their employment. In the United States, mothers suffer a per-child wage penalty of approximately 5%, controlling for similar qualifications […]

Read More

A Signal to HealthCare Providers From their Pregnant Patients’ Lawyers

The metaphor of ships passing in the night originated (at least according to Google) from a poem by Henry Wadsworth Longfellow, in a compilation called Tales of Wayside Inn. There, Longfellow laments the disconnectedness of the human condition in lines that seem equally applicable to modern life: Ships that pass in the night, and speak […]

Read More

Who is Lee D. Weiss? On Financial Adviser Misconduct

Not everyone will recognize the name Lee D. Weiss, but many might know or have heard of people just like him, who have engaged in a similar type of misconduct. So who is this man and what did he do? Lee D. Weiss was the primary owner and served as the managing partner of Family […]

Read More

“Caregiverism” Feminism: A Proposal for Converting Super Humans to Mere Mortals

As the product of a single-parent household, it is not as though I am unfamiliar with the concept of a woman who puts in long hours at work while serving as the primary breadwinner.  Nonetheless, I am in awe of working professional women who are mothers.  And when it comes to the subset of these […]

Read More

An Epic Decision: Seventh Circuit Shoots Down Employee Arbitration Contract

In a precedent-setting decision late last month, the United States Court of Appeals for the Seventh Circuit deemed an employee arbitration agreement unenforceable on the ground that it violated the National Labor Relations Act (NLRA). The decision is a major win for employees because it recognizes their right to challenge unlawful employment policies and conditions […]

Read More

Private Equity Investors Beware

Private equity conjures up images of billionaires investing in success stories like Facebook and Tesla. Often, though, private equity investments come from retired persons who have labored a lifetime accumulating wealth for their golden years.  But when seniors fall prey to investments like Prometheus Law PLCMGMT LLC and Metropolitan Coffee and Concession, their golden dreams […]

Read More

Will the State Senate Protect all New Yorkers from Discrimination?

Early last month, amid the ongoing controversy sparked by North Carolina’s anti-transgender legislation, the New York State Assembly passed the Gender Expression Nondiscrimination Act (GENDA). The Act aims to protect New Yorkers from discrimination in housing, education, and employment based on their gender identity or expression. Presently, both New York and Federal law lack such […]

Read More

SEC Rewards Ex-Employees More Than $8 Million for Reporting Employer Misconduct

Last week the Securities and Exchange Commission said it will pay a former company employee who reported potential securities law violations between $5 million and $6 million — the third-largest award to date under the SEC’s whistleblower program. The tipster at the unnamed company had alerted the SEC to violations of securities law that the SEC […]

Read More

Nice Nails, Awful Jobs: Part 2

Nail salons may offer a dose of beauty, glamour, and pampering to their customers. However, by and large, nail salons take on a much uglier look once you scrape away the polished facade and examine the experiences of the largely female, immigrant workforce that toils away there. Last year, the New York Times ran a […]

Read More

Categories

Archives

Back to Top