New Mexico Legal News Articles & Interviews

Albuquerque NM:When Daniel was 17 years old, life was good. He was the star of his high school baseball team, he was in top form. But within a few years his life went sideways and Daniel wound up in the psych ward, "forced" to take Risperdal.

Albuquerque, NM: A New Mexico judge has ruled that Zimmer must pay $2 million after a bench trial concerning one of its hip implant devices that allegedly injured a patient.

Abilene, TX: Texas is one of two US states (the other being New Mexico) that as yet does not observe any kind of blanket arbitration protocol for the resolution of disputes involving the car title loan. The latter is a form of financing akin to a payday loan that extends quick cash to consumers, often with no questions asked and exorbitant annual rates of interest that can run into the hundreds of percent.

Washington, DC: As consumers enter into loan agreements with the best of intentions, loan providers often don’t come to the party with equal good faith. To that end, The Consumer Financial Protection Bureau (CFPB) in June of last year included car title loans in new proposals aimed at tightening regulations, and preventing loan providers from fleecing well-meaning consumers.

Lubbock, NM: Not only do hospitals overcharge patients, mostly uninsured patients, for emergency room visits. One air ambulance company that provides emergency air medical service is facing several class action lawsuits alleging overpricing.

San Francisco, CA: California’s Attorney General Kamala Harris has filed a securities lawsuit against Morgan Stanley, related to mortgage-backed securities sold by Morgan Stanley. The lawsuit alleges Morgan Stanley failed to disclose important information about the quality of the investments, causing various state pension funds to lose hundreds of millions of dollars.

Simi Valley, CA: In the wake of an E. coli outbreak and a norovirus outbreak, Chipotle faces a securities lawsuit and other lawsuits alleging the company attempted to hide the outbreak and misled investors about the nature of its sanitation procedures. This is in addition to a criminal investigation linked to the foodborne illness outbreak in Simi Valley.

New York, NY: A recent car recall has led to a securities fraud lawsuit being filed against an automaker. The lawsuit, filed against Fiat Chrysler, alleges the company made false and misleading statements linked to its securities.

New York, NY A FINRA arbitration panel has reportedly ordered UBS to pay almost $3 million to investors who claimed they lost money after they invested in UBS-managed Puerto Rican municipal bonds. The Financial Industry Regulatory Authority (FINRA) panel has made multiple rulings in favor of claimants in arbitrations involving Puerto Rican municipal bonds in recent months.

New York, NY A Financial Industry Regulatory Authority (FINRA) arbitration panel has awarded $16.6 million to a retired London couple who filed a securities arbitration against BNP Paribas Securities Corp. The arbitration alleged gross negligence, breach of fiduciary duty and civil fraud against BNP Parabas, with the claimants arguing the investment they bought was unsuitable.