The Colorado Division of Securities has reached a $2.9 million settlement with TD Ameritrade. Under the agreement, Ameritrade will buy back $2.9 million worth of auction rate securities from retail Colorado investors who found themselves unable to sell their securities after they’d been frozen in the auction rate securities market. The settlement – the tenth [...] [...]
Colorado will receive more than $1.2 million as part of a $24 million multistage settlement with Forba Holdings LLC, a dental management company. The company provided management services to Small Smiles dental clinics nationwide. The settlement resolves allegations that started during 2006, which said bills were submitted to the state for medically unnecessary dental services [...] [...]
Four pharmaceutical manufacturers have paid the state $3 million to settle claims they improperly marketed drugs and paid kickbacks to health care professionals in return for prescribing their products. Each of the four settlements stem from the damage these schemes caused to Colorado’s Medicaid program. “Colorado’s Medicaid program provides essential health services to the neediest [...] [...]
Colorado will receive $3.5 million as part of two settlements with drug manufacturer Pfizer, including $2.8 million as part of a $1 billion Medicaid multistate settlement and $705,000 as part of a $33 million non-Medicaid multistate settlement. [...]
Colorado Attorney General John Suthers’ office has banned seven loan-modification companies from doing business in Colorado because they either failed to deliver promised results or engaged in deceptive advertising. The firms are Eugene Alkana Law Firm, doing business as Legal Home Solutions; Infinity Group Funding; NC Home Solutions; Traut Law Group; Nationwide Modification Center Inc.; Rescue [...] [...]
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