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September 13, 2024 General

Berger Montague Cash Sweeps Lawsuits Gain National Attention in the American Banker

In a recent article in American Banker, Berger Montague was featured as one of the law firms at the forefront of recent litigation against cash sweep programs. These programs, lawsuits allege, benefit financial institutions’ bottom line rather than clients. While many wealth managers defend the programs by arguing that moving […]
May 12, 2022 General

3 Most Common Credit Report Errors

You may be surprised at how often credit reports contain errors. Your credit report can have a significant impact on your life. Mistakes on your credit report can prevent you from getting a mortgage, a car loan, a credit card, or financial assistance when you need it. Some types of […]
June 28, 2021 General

The Inherent Risks of Securities-Backed Lines of Credit

For investors seeking quick—and virtually unrestricted—cash without having to sell their investments, securities-backed lines of credit (“SBLOC”) have emerged as an exceedingly popular option. The SBLOC concept is simple. For monthly interest-only payments, brokerage firms extend to investors a revolving line of credit that is collateralized against assets in the […]
September 3, 2019 General

Oklahoma Medicaid False Claims Act

The Oklahoma Medicaid False Claims Act (“Oklahoma Medicaid FCA”) provides severe penalties for individuals who submit false claims to SoonerCare (Oklahoma’s Medicaid program). It also provides powerful incentives and protections for private individuals with knowledge of Medicaid fraud to pursue claims on the State’s behalf. The Oklahoma Legislature adopted the […]
August 28, 2019 General

Availability of Information Online Does Not Automatically Bar Qui Tam Action

The Public Disclosure Bar in False Claims Act Cases A provision of the False Claims Act commonly referred to as the Public Disclosure Bar stops relators from pursuing actions on behalf of the government if the “transactions and allegations” of fraud have been publicly disclosed through various sources listed in […]
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