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  • Safety Alert: Petzl America Warns of Burn Hazard from Headlamps
    Product Should not be Used with Rechargeable Batteries Petzl America in conjunction with the Consumer Product Safety Commission has issued a safety alert for approximately 330,000 MYO and MYO Belt headlamps. If the headlamp is used with rechargeable batteries, the cable connecting the battery pack to the lamp can spark, melt, or catch fire. This poses...
  • Immunological Drugs: May Cause More Than TB
    A survey conducted by the Emerging Infections Network of the Infectious Diseases Society of America has determined immunity suppressants may be linked to several health problems. Tuberculosis has been known to be a risk of these patients, but several others can be added to the list including Staphylococcus aureus, histoplasmosis, and nontuberculosis mycobac...
  • TravelCenters to pay $5 million settlement in antitrust lawsuit.
    Westlake, OH: (May-01-08) Flying J Inc. and its affiliates brought a civil antitrust litigation against TravelCenters of America LLC (TA), alleging that the company had been involved in a conspiracy with others, refusing to process payment card transactions using the TCH electronic processing platform. The suit claimed that the TCH platform is operated b...
  • $200 Million Settlement Agreed for Discover Card Customers
    Washington, DC: Discover Bank has agreed to pay $200 million to settle consumer fraud allegations brought by federal investigators concerning credit card add-ons that consumers were led to believe were free. After a one year investigation into the telemarketing and sales tactics used by Discover agents, federal investigators found that consumer...
  • $104M Awarded to Whistleblower in UBS Tax Evasion Case
    New York, NY: A $104 million award has been granted to former UBS banker Bradley Birkenfeld by the US Government under the IRS whistleblower program. The massive award is for information Birkenfeld provided that led to the recovery of $780 million in penalties from UBS Bank by the IRS. Birkenfeld' tips helped the IRS reach a settlement in...
  • Recovery Claim, Florida Insurance Guarantee Association agrees to pay $14 million settlement to Home Solutions of America for construction services
    Dallas, TX: (Feb-16-08) Home Solutions of America, Inc., a provider of restoration, construction and interior services to commercial and residential customers, brought charges against the Vista Royale Condominiums component of the Florida Insurance Guarantee Association's construction recovery claim for $35 million. In a recent development, company offici...
  • Credit Counseling, Credit Solutions of America Inc. agrees to $588,000 settlement for unlicensed debt settlement services
    Boise, ID: (Jan-18-08) The Idaho Department of Finance filed charges against Dallas-based Credit Solutions of America Inc., alleging that the company engaged in unlicensed credit counseling. The suit was brought after the department received information in May 2007 that suggested that Credit Solutions of America had contracted with Idaho debtors to provide...
  • Consumers Lose in the LIBOR Scandal
    Washington, DC: Officials in California, Connecticut, Florida, New York and Maryland are looking into possible legal action against some major US banks including JP Morgan Chase, alleging they manipulated the London Interbank Offered Rate (Libor), and that the Libor manipulation is responsible for higher borrowing costs and lower investment yields whic...
  • Higher One Debit Card Lawsuit
    A Higher One debit card lawsuit has been filed, alleging the company opens bank accounts for students without their authorization and charges high fees for use of the account. The Higher One debit card lawsuit further alleges that students are not made aware of the Higher One debit card fees associated with the account until they are well into the proc...
  • Barclays PLC, JP Morgan Chase, Citigroup etc. BCS, Securities Fraud
    Company: Barclays PLC, JP Morgan Chase, Citigroup etc. Ticker Symbol: BCS, Class Period: Jan-1-05 to Dec-31-09 Date Filed: Jul-6-12 Lead Plaintiff Deadline: Sep-4-12 Court: Southern District of New York Allegations: New York, NY: An American investor has filed a secu...
  • Corrections Corp. agrees to $1.55 million settlement to settle overcharges lawsuit
    Tallahassee, FL: (Dec-11-07) The state brought a lawsuit against Corrections Corp. of America, alleging that the company owed the state $3.635 million for alleged overcharges. The suit stemmed from a dispute dating back several years. Sources claimed that a 2005 audit by the Department of Management Services revealed numerous questionable payments to compa...
  • Settlement: Real Estate Kickbacks
    Hartford, CT: (Dec-10-07) State Attorney General Richard Blumenthal's office brought charges against Reiner, Reiner & Bendett, a law firm, Absolute Mortgage Solutions, a mortgage company and Century 21 Access America, a real estate broker, alleging that they engaged in kickback schemes that cheated hundreds of home buyers for mortgage-related services. Sou...
  • Released Inmates, Corrections Corporation of America pays $140,000 fine after mistakenly releasing ten inmates
    Bay County, FL: (Nov-20-07) Bay County filed a complaint against the Corrections Corporation of America (CCA), claiming that the facility mistakenly released ten inmates from the Bay County Jail in November 2007. The complaint stated that a CCA worker released ten inmates enrolled in a drug rehab program, before they'd completed their sentences. Accordin...
  • China-Biotics, Inc, CHBT Securities Fraud
    Company: China-Biotics, Inc, Ticker Symbol: CHBT Class Period: Feb-9-11 to Jul-1-11 Date Filed: May-25-12 Lead Plaintiff Deadline: Jul-24-12 Court: Southern District of New York Allegations: New York, NY: A securities class action has been commenced on behalf of an investor in the Unit...
  • Psychiatric Drugging of Children Intolerable--Part 1
    Feb-19-09 Washington, DC: Last September, the Law Project for Psychiatric Rights filed what is sure to become a landmark case against the State of Alaska aimed at stopping the over-prescribing of psychiatric drugs to children covered by public health care programs in that state. "The massive over-drugging of America's youth is an unfolding national horror," sa...
  • Voice Over Patent, Vonage pays Sprint $80 million settlement for infringement
    Albuquerque, NM: (Oct-08-07) Sprint Communications Co. brought charges against Vonage America Inc., alleging that Vonage infringed on its patents. The suit stemmed from Sprint's complaints in 2005 that Vonage had infringed on several of Sprint's patents. As part of a settlement reached, Vonage America and Sprint Communications agreed to resolve the dispute...
  • Potenial Peanut Butter Salmonella in FEMA Relief Packets, School Lunches
    Feb-6-09 Washington, DC In an ironic twist of fate, food packets meant to help, and comfort victims of natural disasters may wind up making them sick, after it was discovered that relief packets distributed by FEMA may contain peanut butter salmonella linked to the current outbreak. The Federal Emergency Management Agency (FEMA) made the announcement Wednesda...
  • Qiao Xing Universal Resources, Inc XING Securities Fraud
    Company: Qiao Xing Universal Resources, Inc Ticker Symbol: XING Class Period: Jul-15-11 to Apr-16-12 Date Filed: May-1-12 Lead Plaintiff Deadline: Jun-30-12 Court: District Court of the Virgin Islands Allegations: New York, NY: A securities class action suit was filed in the United Stat...
  • DCFS Trust and Daimler Chrysler Services North America and Alexander Levine SUV Wrongful Deaths Settlement
    McHenry County IL: (Sep-06-07) The families of Gertrude "Trudy" Stephens, 55, of Cary and Margaret "Peggy" Lewandowski, 56, of Lake in the Hills, brought wrongful death lawsuits against a driver, Alexander Levine, and the companies that owned and leased him his vehicle, DCFS Trust and Daimler Chrysler Services North America, after the women died in a car c...
  • Salmonella in Peanut Butter Spreading to 43 States
    Jan-13-09 Salon, OH Those who can't get through the day without their PB & J may be facing another hurdle—not managing to venture too far from the bathroom, after a peanut butter salmonella scare has rocked the food world. A peanut butter recall was announced yesterday after salmonella in peanut butter was found in products distributed by an Ohio company, and he...
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