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Welcome!  The Disability Wiki 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: Trader

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 & Associates commenced a lawsuiton 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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