| Volume 76 Number 11 |
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The People’s Lawyer’s Tip of the Day
Are you being unlawfully threatened or harassed by a debt collector? In most states, taping his telephone conversations is legal, and good proof that he has violated the law. But be careful! If you record a conversation with someone in another state, you could be in serious trouble. When in doubt, consult an attorney. What's the law in your state? Click here for more.
NSA Wants to Hire Hackers
Gen. Keith Alexander, head of the National Security Agency (NSA), stopped by DefCon in Las Vegas last week to recruit new talent. DefCon is one of the largest hacker conventions in the world. This year, Alexander addressed the crowd of 16,000 hoping to find the "talent our nation needs to secure cyberspace." Will the unusual move prove beneficial for national security? Click here for more.
Drug Co. Settles Overcharging Claims
The drug firm McKesson Corp. has agreed to pay $151 million in order to settle litigation brought by thirty states over overcharging claims. According to the lawsuit, McKesson inflated drug prices by 25 percent when reporting to First DataBank. First DataBank publishes pharmaceutical industry information and conducts drug pricing surveys used by drug insurers, including Medicaid, to set payment rates. In essence, McKesson is charged with manipulating drug prices to generate additional profits. The suit alleges that the practice cost state Medicaid programs millions. How will the settlement money be distributed? Click here for more.
Samsung & Apple Heading to Court
Last year, Apple filed a lawsuit against Samsung alleging the company was infringing on Apple's intellectual property by producing illegal knockoffs of its iPad and iPhone products. The two companies will begin trial in federal court today in a case that will be watched closely around the world. Interestingly enough, Apple remains business partners with Samsung for the production of key components used in Apple devices. Apple is seeking $2.5 billion. Click here for more.
Your Money
Estate tax planning is very important to preserving wealth for your kids and/or relatives. Knowing the potential estate tax liability is a great place to start. Estimate your estate tax liability. Click here for more.
For the Lawyers
Law firm bringing replevin action is subject to Fair Debt Collection Practices Act. The Fourth Circuit held that the aunt of the debtor could maintain an action against a law firm based on alleged violation that occurred in connection with a replevin proceeding. Click here for more.