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The Info Library

Welcome!  The Info Library is an internet-based resource that addresses in one place your questions and concerns about disability benefits, disability insurers, your illness, your occupation, and filing a claim, appeal or litigation.  In other words, a "Wikipedia" for disability claims.  If you would like to automatically receive new posts, please subscribe below.

 

 

Category: Jobs - Traders

Hearing Loss Impairs a Wall Street Trader

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“Arnold” was a successful trader at a small brokerage firm reaping the benefits of a strong market. Unfortunately, Arnold was struck in the head during a mugging, and as a result suffered permanent left-sided hearing loss, including conductive as well as high frequency sensorineural hearing losses. Even though Arnold can hold a conversation with someone in a quiet room, he has tremendous difficulty hearing in a noisy environment such as a trading room. The insurance company denied Arnold’s claim for long term disability benefits on the unscientific premise that his hearing deficit could be corrected by a hearing aid.

Riemer Hess commenced a lawsuit on his behalf in Federal court. The Firm prepared a detailed motion for summary judgment arguing that there was substantial scientific evidence establishing that a hearing aid would make Arnold’s hearing loss worse not better. Rather than opposing the Firm’s motion, the insurer approached the Firm for a settlement. A settlement was reached providing Arnold with a substantial lump sum payment.

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How to Prove a Trader is Disabled

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Riemer Hess has handled the long term disability needs of traders from most of the top Wall Street firms. Examples of common disability issues that our firm has handled for our clients include: musculoskeletal injuries to the cervical/lumbar spine and lower extremities precluding the ability to stand for prolonged periods; cardiovascular diseases precluding the ability to work in stressful work environments; visual deficits limiting the ability to analyze information from multiple computer screens; mental illnesses and associated cognitive deficits precluding the ability to work in environments requiring quick-decision making and processing of information. If you feel that you have suffered from any of these issues due to your occupation, contact our disability insurance attorneys today. 

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