The People's Lawyer Consumer News Alert
Center for Consumer Law
  Volume 29 Number 5

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The People’s Lawyer’s Tip of the Day

Always use a credit card when shopping online or by mail. Federal law allows you to refuse to pay the credit card bill if the goods are never delivered 


Protect Your Investments

As the financial markets continue to struggle, know how to protect your money. No mutual fund company has received a financial bailout. Are your funds safe? Click here for more.


Medicare Premiums to Stay Flat

For the first time since 2000, the monthly premium for Medicare will hold steady at $96.40 next year. However, this might be the only year you get a break. With the rising cost of health care, the break won't last long. Click here for more.


Your Money

What would it take to save a million dollars? No matter your age, you can start planning today! Click here for more.


For the Lawyers

The New Jersey Consumer Fraud Act applies to a bank that fails to make an investment as promised. The Appellate Division panel ruled that the client could pursue the claim because the employee failed to perform a service as advertised. The court rejected an argument that the statute does not apply to securities. The court noted that the claim was the bank failed to invest the money at all, not that it invested it badly or misled the plaintiff into investing in a bogus company. Click here for more.

 

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