According to a lawsuit filed by the City of Philadelphia, the San Francisco based bank engaged in predatory mortgage lending practices, specifically targeting minorities. Philadelphia area contract attorney Karl Heideck alleges that Wells Fargo intentionally and unwarrantedly forced riskier loans with higher rates upon minority borrowers, while whites with similar financial backgrounds and credit histories would have qualified for lower rates.According to Heideck, the City examined Wells Fargo loans over a ten year span. It was discovered that throughout this time period, there was a significant discrepancy between the rate charged to Hispanic and African-American borrowers versus whites with equivalent credit scores. The City further alleges that these lending practices led to a spike in foreclosures in neighborhoods populated by minorities, who had difficulty keeping up with these loans’ higher interest rates.
In legal terms, the predatory practice which Wells Fargo has allegedly engaged in is called “redlining.” This occurs when a bank discriminates in its lending policy against a specific geographic location, based upon its racial demographics. This practice is banned by the U.S. Constitution. For its part, Wells Fargo denies any wrongful activity. According to the bank, it engages in fair and non-discriminatory lending practices to all of Philadelphia’s residents.
Karl Heideck is an attorney at the law firm of Grant and Eisenhower, PA, which specializes in complex banking fraud and malpractice litigation, in particular as they relate to the 2008 housing market crisis. Karl Heideck graduated from Temple University Law School with honors in 2009, and for the last eight years has been litigating a wide variety of finance and banking related cases. In his practice of law, he has acquired specialized experience in securities fraud, pharmaceutical litigation, and bankruptcy issues.In his current role, Karl Heideck’s practice focuses on cases which relate to liquidity, acquisitions, and risk management. As a contract attorney, Karl primarily engages in the review of discovery materials for these highly complex securities cases.
Equities First Holdings (EFH) LLC is located in Melbourne Australia. It is a global lender and a top provider of alternative shareholder financing. It has set its new office in Melbourne for easy accessibility to its clients and business associates. According to Mitchell Hopwood, the managing director of EFH, the new office will also provide the staff with enough working room. EFH has three business locations namely Perth, Melbourne, and Sydney. Its task is to provide loans to individuals that want to expand their businesses, carry out strategic investments and other business related ventures. It has not restricted its operations to Australia only; it also has offices in United Kingdom, Singapore, Hong Kong, Thailand, Switzerland and, U.S.A.
Roles of EFH
Equity First Holdings LLC specializes in offering lending services to high net worth individuals as well as businesses that would like to expand or make more investments. They offer stock loans and their collateral for these loans are equities. These loans also come with low interests rates as compared to the rate of other lending companies. The stock loans are non-purpose and can be invested in any manner that the individuals who have acquired want. EFH also guarantees the loaned individual that the collateral will be returned to them as soon as the lending period ends. Click here to know more.
Currently, the company has issued more than $2 billion to businesses and high net worth individuals. Stock loans are one of the easiest ways that wealthy people can use to overcome the difficult financial periods. EFH has always come in handy to help several businesses and people walk out of financial crisis comfortably. These kinds of loans have been beneficial to more than 2,000 businesses. For more than 14 years, EFH has always thrived to be ahead of its competitors in the money lending world.
JHFS is a company that spells out excellence in the Brazilian real estate sector. The company is known to be one of the leading real estate companies and offers their customers a wide range of properties to choose from. By listening to their clients and offering them land that they would want, JHFS has blossomed into a company that is fit to stand among some of the tops in its sector. The company has been in business for an extremely long time. Owing to this, the company has constantly had to adapt to new trends that emerge in the market, and meet those, to keep up with the times. Doing this is what has enabled the company to stay ahead of their competitors. Click here to know more.
JHFS was founded in 1970 and is currently led by the second generation of real estate investors. The company has always had excellent leadership backing it, which is why it has grown and developed so much over the years. As of right now, the company is headed by Jos Auriemo Neto. It was his father who initially founded the company and brought it to life, and made it what it is today. Jose Auriemo Neto now is trying his best to take on the family legacy and expand it beyond what people expect, to make it a real estate leader. Jose Auriemo Neto has big ambitions for the company that he wants to fulfill. His immediate goals involve expanding the company to larger territories and forming partnerships with other companies to offer his clients more. Because of Jose Auriemo Neto and his efforts, the company now has lavish properties to show in American cities like New York.
Jose Auriemo Neto is an excellent businessman. Watching his father run the business and by learning a thing or two on his own, he has formulated some of the most ingenious plans for the company. For example, the new spaces that are available under the name of JHFS in New York aren’t available for sale. As part of the business model that he put together, he wanted to make the flats only available for rent, which would net him more money.
Brazil is among the nations with many lawyers owing to the vast number of law schools in the country. In 2010, Brazil came third among countries with the largest number of attorneys while India was leading with over a million lawyers and the US was second with nearly one million attorneys as well. According to figures published by the National Council of Justice, Brazil has over 1,240 graduation law courses while the total number of classes in the globe is 1,100 law schools.
There are approximately 620,000 legal prosecutors in Brazil with many operating in Rio de Janeiro and a few others in Sao Paulo. To practice law in Brazil, one need to pass the vestibular exams, attend law school for approximately five years and attain a law degree. A law student has to pass the bar examinations dubbed as Ordem dos Advogados do Brazil and then undertake an internship in any of the law firms in the country. One of such Law firms that one can intern at including Leite, Tosto e Barros Advogados that was founded by the prominent litigator Ricardo Tosto de Oliveira Carvalho.
About Ricardo Tosto de Oliveira Carvalho
Ricardo Tosto de Oliveira Carvalho is leading legal prosecutor in Brazil. He began his profession by working in a small law firm after which, he decided to establish his law firm known as Leite, Tosto e Barros Advogados. Due to Ricardo’s remarkable experience and proficiency, his law firm has evolved to become one of the leading corporate litigation companies in Brazil.
Some of the clients served at Ricardo’s law firm include big Brazilian companies, the Brazilian government, as well as high profiled politicians and individuals. Additionally, Ricardo Tosto de Oliveira Carvalho is known to offer assistance to others upcoming litigator through internship programs. As a matter of fact, some of his managing partners started off as interns Brazilian lawyer firm. Ricardo Tosto de Oliveira Carvalho responsibilities include supervision of the company’s high-profile cases, development of original strategies, as well as the overall management of Leite, Tosto e Barros Advogados.
Brazil is internationally known for churning out some of the most creative advertising worldwide. Mentioning Brazil to advertising professionals stimulates thoughts of innovating and captivating print ads and commercials. Many of these ads have gone on to snag top spots at various international advertising competitions such as Cannes Lions Advertising Festival.
A man who is well-known in the advertising industry in Brazil and the world at large is co-founder and Co-CEO of Mullen Lowe Brazil, José Henrique Borghi. Mullen Lowe has run advertising campaigns for industry giants such as Ox, Fiat, and Unilever. Borgi has had almost 30 years experience in the advertising world and has disrupted the industry with his intricately thought out ad campaigns such as “The mammals of Parmalat.” It is because of his attention to detail and emotion that his clients put him in such high esteem. His brilliance is like no other and was appreciated when he developed an ad for FIAT that was so huge that it pushed the firm to attain a major revenue breakthrough. Click here to watch video.
Borghi’s advertising career began after graduation when he joined Standard Ogilvy advertising agency. His portfolio then grew with his work in the major advertising agencies such as Talent, FCB, DM9DDB, and Leo Burnett. He co-founded his first Ad Agency with Erh Ray after leaving Leo Burnett. The firm was called BorghiErh creative Intelligence. They grew their company from infancy and eventually merged with Lowe in 2006 to become Borghi Lowe. It wasn’t too long after, that Mullen advertising agency came knocking seeking collaboration. As a result, the Mullen Lowe Brazil came into being.
José Henrique Borghi is a force to be reckoned with, and his works are creatively disruptive and evolutionary. His works are celebrated globally, and he has won numerous awards such as New York Film Festivals, Clio Awards, and 16 Avril awards.
Dr. Jennifer Walden is a top notch plastic surgeon in the Texas area. She has made a name for herself on a national and international level with her work in breast augmentations and other cosmetic procedures. She is known for her friendly demeanor and her willingness to do what it takes to safely give patients the results they want to achieve.
Dr. Walden has performed numerous surgeries and procedure for clients all over the world. She was featured in Harper’s Bazaar’s as one of the 24 Best Beauty Surgeons in 2014, and in 2015 she was named one of the “Best Plastic Surgeons in America by American Way. Her work in the industry has lead to her being a commentator on the subject with media outlets like Fox News, Dr. 90210, and ABC News, just to name a few. She is also a consultant for aesthetic companies. Her experience and expertise make her a notable source.
Dr. Jennifer Walden is not only know for her skill, but also her bedside manner. Being a woman and a mom, Dr. Walden can relate to many of her patients on a personal level. She is able to provide them with the safest options that promote both beauty and natural looking results. She has only the best on her staff, including office and nurses.Dr. Walden is a class act. Her achievements speak for themselves, but her patients would gladly vouch for her too. She is highly regarded in the cosmetic surgery field, and she would come highly recommended by any that have crossed paths with her.