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Cryptsy Collection Efforts Continue with Court Victories

Bitcoin Class Acton

Victims of the Cryptsy fraud received good news this week in rulings from the two federal court cases. First, District Court Judge Kenneth Marra of The United States District Court for the Southern District of Florida granted final approval to the class action settlement reached with Vernon’s ex-wife and a minority Cryptsy shareholder. The Court praised the settlement and the attorneys involved including Class Counsel, Marc A. Wites of Wites and Kapetan (www.wklawyers.com), and David C. Silver, of Silver Law Group (www.silverlaw.com), noting that Cryptsy’s founder and majority shareholder, Paul Vernon, shut down Cryptsy, fled the country for China, and has refused to respond to or otherwise participate in the lawsuit. In connection with granting final approval to the settlement, Judge Marra also authorized the Court-Appointed Receiver, James D. Sallah, to proceed with the sale of real estate, the proceeds from which will be used to help fund the settlement .Plaintiffs...

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Deadline for Claims in Cryptsy Class Action Settlement is May 17, 2017

BitCoin Cryptsy Theft

If you are a CRYPTSY account holder and are unable to access your CRYPTOCURRENCY, you could get money from two different class action settlements On August 25, 2016, the Honorable Kenneth A. Marra of the United States District Court for the Southern District of Florida entered an order certifying a class of Cryptsy account holders who are unable to access their cryptocurrency in a class action lawsuit. The class action lawsuit claims that Defendant Project Investors, Inc. d/b/a Cryptsy (“Cryptsy”) and Paul Vernon stole and converted for their own use the cryptocurrencies of the Cryptsy account holders. On April 24, 2016, the Court also appointed James D. Sallah, not individually but solely in his capacity as the Court-appointed Receiver, to act as the Receiver in this matter. The Receiver took control of Cryptsy, and worked with the lawyers for the plaintiffs in this class action to recover monies and assets...

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Cash Advances on Pension Plans: How to Spot an Illegal Loan Offer and How to Get Help if You Are Already a Victim

pension plan illegal loan lawyer

Have you recently encountered financial struggles and searched the Internet for “fast cash” options?  If you are a retired public employee, civil service worker, or military veteran who was recently offered money for selling your federal pension plan or income stream, you could be the next target of a growing loan-sharking scheme hitting the Internet today. The Offer The tagline on the company websites and advertisements promise “Money Now” and look like an easy way to receive fast cash in exchange for the purchase of a federal pension plan.  However, these companies fail to disclose that this new financial contract is really a high-interest loan and charges interest rates that are more than double, or even triple, the amount of the cash advance originally received.  For example, to receive a cash advance of $5,000, you could end up agreeing to pay up to $25,000 in interest over the term of...

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AC Creamery & McConnell’s Issue Nationwide Recall For Their Ice Cream Products

AC Creamery and McConnell's Ice Cream Recall

AC Creamery & McConnell’s Fine Ice Cream  have issued a national recall on their ice cream products due to concerns of potential Listeria contamination. McConnell’s Fine Ice Cream announced they are “undertaking a voluntary recall of selected, 16 oz. (pint size) packages of ice cream produced by a contract manufacturer because they have the potential to be contaminated with Listeria monocytogenes….Listeria monocytogenes is an organism that can cause serious and sometimes fatal infections in young children, frail or elderly people, and others with weakened immune systems.” The following flavors and included “Best By” dates are all being recalled: Dutchman’s Chocolate JUL 27 2017, OCT 01 2017 and OCT 05 2017 Mint Chip SEP 08 2017, SEP 30 2017, OCT 07 2017, DEC 01, 2017, DEC 30, 2017, JAN 04, 2018, JAN 05, 2018 Peppermint Stick JUL 25, 2017, JUL 26, 2017, SEP 30, 2017 Salted Caramel Chip OCT 07, 2017,...

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Xarelto: Bleeding and Stroke Linked to Popular Blood Thinner

Xarelto Class Action

If you have experienced adverse health effects or lost a loved one who took the blood-thinning medication Xarelto, you are not alone. The subject of a recent TV ad blitz starring Arnold Palmer, Xarelto has recently been linked to potentially fatal bleeding and stroke. Wites & Kapetan is investigating and aggressively pursuing claims for compensation on behalf of those who have suffered after taking Xatelto. Xarelto (rivaroxaban) was first approved by the FDA in July of 2011 to reduce the risk of blood clots and stroke in patients with atrial fibrillation, treat deep vein thrombosis and pulmonary embolisms, and reduce the risk of blood clots in patients undergoing knee or hip replacement surgery. However, since its introduction a mere four years ago, Xarelto has become equally known for its potential side effects and serious health risks.  Xarelto side effects are being reported at a rate of 2 to 1 over...

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Confirmed Tornado Touches Down In Coconut Creek

At least one tornado is confirmed to have touched down in Northern Broward County. If your home or business has property damage from this or any other storm then contact Wites & Kapetan, P.A. immediately. We make insurance companies pay for the full damage to your property.  WSVN-TV – 7NEWS Miami Ft. Lauderdale News, Weather, Deco You can read more about our insurance claims legal division here: http://wklawyers.com/common-cases/insurance-claims-lawyers-for-your-denied-or-undervalued-insurance-claim/ Or Call Us for a Free, No-Obligation Consultation at: 954-570-8989   Why Should I Hire An Insurance Claims Attorney? Insurance companies have large and experienced armies of lawyers, experts, and insurance adjusters. Unfortunately, their marching orders are often to pay the minimum amount on all claims, and to deny claims whenever possible. Why? Because insurance companies maximize their profits by charging the highest possible amount for premiums, and paying the lowest possible amount for claims. You paid your insurance premiums, and you...

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