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  • Charges Filed in California Financial Elder Abuse Case
    Nov-29-13 Los Angeles, CA With the rate of financial elder abuse reportedly on the rise, states such as California are attempting to prevent elderly financial abuse. To that end, charges have reportedly been laid against a man who allegedly committed elder exploitation by stealing from his aunt. According to the Los Angeles Times (11/26/13), the alleged per...
  • Texas Plaintiff Sues Over Airbag Injuries, Other Claims
    Dec-3-13 Marshall, TX Airbags were originally envisioned and designed to prevent injuries. So it’s somewhat galling when airbag injuries are caused when the devices either deploy when they shouldn’t, fail to deploy when they should or deploy improperly. This problem is compounded given that most cars, including subcompacts, have as many as 10 airbag...
  • $95m Settlement Reached in Verifone Securities Fraud Class Action Lawsuit
    San Jose, CA: A $95 million settlement has been reached in the Verifone securities class action lawsuit. If approved, the settlement will resolve claims concerning a 45 percent drop in Verifone share prices in one day in December 2007. The drop in share price, the lawsuit claimed, resulted from the San Jose-based maker of electronic-payment system...
  • $2.46B Settlement in HSBC Securities Fraud Class Action Lawsuit
    New York, NY: Hong Kong Bank of Canada (HSBC) has been ordered to pay $2.46 billion in settlement of a securities class action lawsuit brought by shareholders of a business formerly known as Household International, which was acquired by HSBC in 2003, for $14.2bn. In writing the verdict, Judge Ronald A Guzman of Federal District Court in Chicago ord...
  • Burned-Out Widow Takes On Insurer in Force-Place Insurance Showdown
    Dec-2-13 Atlanta, GA It was bad enough that the Alabama widow lost her home to a fire. However, things went from bad to worse after HSBC Finance Corp. and Assurant Inc. are alleged to have zoomed in with a Force-Place Insurance policy on what remained of her burned-out home. The woman filed a Force-placed insurance lawsuit, in an attempt to make it right. ...
  • Bayer Reaches $74 Million Settlement In Cipro Price Fixing Class Action Lawsuit
    San Diego, CA: A partial settlement has been reached in an antitrust class action lawsuit involving the prescription antibiotic Cipro. The lawsuit claims Bayer Corporation, Barr Laboratories, Inc., Hoechst Marion Roussel, Inc., Watson Pharmaceuticals, Inc., and The Rugby Group, Inc. violated antitrust and consumer protection laws by agreeing not...
  • Lawsuit Updates—Zoloft MDL
    Nov-19-13 In the spring of 2012, a multidistrict litigation was filed against Pfizer pharmaceuticals, the maker of the antidepressant Zoloft (Sertraline Hydrochloride), alleging the drug causes birth defects in babies born to mothers who took the drug while they were pregnant. The MDL now includes over 500 cases. Following is an update on the status of the Zolo...
  • Follow the Money Says Elder Fraud Attorney
    Dec-1-13 Walnut Creek, CA Defrauding elderly Americans of their life savings is a multibillion-dollar problem in the United States. Attorney Craig Niven’s law practice partly focuses on trying to recover assets for seniors who have fallen prey to the perpetrators of all kinds of cruel construction and real estate swindles. “All snakes, scum and s...
  • ERISA Lawsuit Results in $99 Million Settlement
    Dec-1-13 New York, NY An ERISA lawsuit involving a bankrupt financial firm has now been settled for $99 million. The ERISA settlement was the culmination of three years of litigation, and involved claims by various retirement investors against Lehman Brothers. According to Bloomberg (11/27/13), Ernst & Young LLP will pay investors, including retirement...
  • More GranuFlo Lawsuits Filed against Fresenius
    Nov-22-13 Charleston, WV Five more GranuFlo lawsuits have been filed against Fresenius Medical Care, alleging patients were harmed by either GranuFlo- or NaturaLyte-related alkali dosing errors. Of the five lawsuits, linked to the NaturaLyte and GranuFlo Class I recall in 2012, four involve patients who died following dialysis. The West Virginia Record (11/...
  • Emergency Room Charges, Hospital Overcharging Not a New Problem
    Nov-26-13 New York, NY It seems that our awareness of high emergency room charges and other bills stemming from emergency room cost is a more recent phenomenon. This is especially true amongst recent allegations by critics that many hospitals will inflate the cost of care for well-heeled patients or those with robust health care plans, in order to offset losses...
  • Her PhD Cost 213K— It’s Enough to Make You Cry
    Nov-26-13 Brockport, NY It’s a modern mantra. Over and over, young Americans are told investing in an education is the best way to secure a prosperous future. Unfortunately, many university and college graduates like Noelle Turner find themselves caught in a lifelong financial debt trap , their futures mortgaged to the max with little hope of breaking free...
  • Bizarre Tale of Attempted Murder, Mayhem, Bankruptcy and Bad Faith Insurance
    Nov-30-13 Laval, PQ The way home warranty insurance currently works in the Canadian province of Quebec, you would hope that your condo isn’t in a building taller than four stories. Because if it is, under current regulations, you’re out of luck. Home warranty companies, either individually or in concert with government programs, provide implied wa...
  • Tales from the Dark Side of Debt Collection
    Nov-30-13 San Jose, CA More Americans than ever have debts they can’t pay because they lost a job or got sick, or their finances got out of hand for some reason. But as attorney Ben Dupre explains, it doesn’t mean that they need to be further victimized by the illegal tactics of unscrupulous debt collectors that try to harass people into paying up ra...
  • Exploited Workers Awarded Millions of Dollars in California Overtime and Other Labor Law Violations
    Nov-30-13 Santa Rosa, CA California Labor Commissioner Julie Su has been very busy lately, investigating California labor law violations and handing out California overtime fines. Forty-seven restaurant workers and 143 warehouse employees are owed a considerable amount of overtime pay. “California is more protective of its workers than any other state i...
  • DaVinci Robot Training: “You Can’t Just Go for the Weekend…”
    Nov-30-13 New York, NY The recently released report by the US Food and Drug Administration (FDA) with regard to the DaVinci surgical robot and the potential cause of operating room injuries provides a snapshot of opinion from those in the field, either from a hands-on perspective or those having a capacity to observe. A major theme of the report relates to th...
  • Idaho Cracking Down on Internet Payday Loans
    Nov-29-13 Boise, ID While Internet payday loans may be fast and convenient, critics suggest they are fraught with risk, while removing from the consumer various protections that are observed by storefront payday loan providers regulated by the state. In contrast, purveyors of payday loans attempt to skirt these regulations in various ways, while gaining access t...
  • Nexium Victims: Take Calcium with Your Nexium Lawsuit
    Nov-29-13 Dobson, NC Kenneth has been taking Nexium for about 10 years to treat acid reflux. Unfortunately, Kenneth had no idea how to treat Nexium side effects, particularly bone issues. Patrick, however, knows that Nexium depletes the body of calcium and has been taking supplements, but not before he needed to get three teeth extracted. “This Nexium r...
  • State Cracks Down on Denied Disability Insurance for Autistic Kids
    Nov-28-13 Sacramento, CA The state of California is invoking a hard stance based on California Insurance Law as well as moral grounds with regard to the denial of speech and occupational therapy to patients in need of services deemed medically necessary. According to the Los Angeles Times (11/19/13), Health Net Inc., Anthem Blue Cross, and Blue Shield are t...
  • Outrage Over Financial Exploitation of Elderly Drives California Lawyer
    Nov-23-13 Beverly Hills, CA After 45 years practicing law, Phil Brown could go golfing and forget about coming to the office every day. Instead, he says he can’t wait to get to work every morning. His focus for almost a decade now has been financial elder abuse . He often sees situations so egregious, so despicable, that he’s on a mission to see th...
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