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  • TD Banknorth Settles Investor Class Action for $50 Million
    TD Banknorth Inc., has agreed to a $50 million settlement in its second investor class action lawsuit that challenged the fairness of the Banknorth's buyout of Toronto Dominion Bank. The purchase of TD Banknorth was completed by Toronto-Dominion in April 2007. The terms of the settlement, once approved, will see TD Banknorth pay $50 million into a sett...
  • Target Data Breach Now Thought to Affect 70 Million
    Jan-10-14 New York, NY The computer virus that hit Target just before Christmas, appears to have affected more people than originally thought. The virus resulted in a data breach of names, home and e-mail addresses for as many as 70 million people, more than the original 40 million stated in December, although it’s believed there may be overlap between th...
  • Coumadin: “The Most Dangerous Drug in America”
    Sep-20-15 Asheville, NC It can easily be said that the pressure on Coumadin (warfarin) has been off ever since the two newer blood thinners Pradaxa and Xarelto have been on the market and commanding headlines with their inherent lack of antidotes (although a reversing agent for Pradaxa is currently in the pipeline for FDA approval). In fact, warfarin has bene...
  • Victim of Debt Collector Harassment Sees Credit Score Smeared
    Jan-4-14 Pembroke, ON It’s one thing to incur debt collector harassment for a debt that you duly owe and for whatever reason have been unable to fully pay. Even here, there are fundamental rights a consumer has against aggressive bill collectors. However, when a consumer is harassed for a debt that isn’t even owed, the angst and frustration is magni...
  • Will Buyback Offer Placate UBS Puerto Rico Closed-End Investors?
    Dec-26-13 Washington, DC The offer by UBS Financial Services Inc. to buy back shares of its failing Puerto Rico bond funds may serve to foster positive public relations. However, in the wake of a massive loss of 16 percent or more in the fund’s value over the course of 2013, the question remains if the offer will sufficiently placate investors. Some inv...
  • Toyota Motor Corporation Female Employee Gender Harassment Settlement
    Sayaka Kobayashi worked as an assistant to Hideaki Otaka, who served as president and chief executive of Toyota Motor North America. Kobayashi filed a sexual harassment lawsuit against the top executive claiming he made repeated unwanted sexual advances. She claimed Otaka arranged travel and office schedules so that they would be alone together, require...
  • Risk-Free Cash Advance This Holiday Season
    Dec-19-13 “The holidays have been extra hard for me right now. My husband was injured in an auto accident and needs around-the-clock care so I had to quit my job. With no money coming in, I was not only struggling to pay the bills, but also finding a little extra to buy my two children a little something for Christmas. The bank would not lend me money without a job,...
  • BP America natural gas royalty Settlement
    BP America, formerly Amoco Production Co., was accused of not correctly calculating royalty payments. The case revolved around an underpayment of royalties for natural gas production in La Plata and Archuleta counties that was filed in May 1994 against Amoco Production Ltd. In 2003, a lawsuit ruled that BP couldn't deduct costs tied to getting the gas r...
  • Boy Scouts of America wrongful death Settlement
    On August 2, 2002, 350 Boy Scouts were dismissed from the dining hall at Resica Falls Boy Scout camp to their wooded campsites during a lightning storm. Sixteen-year-old Matthew Tresca was killed by a lightning bolt that struck a tent pole about 10 feet away from where he was standing and six others were injured. Tresca's parents sued the Boy Scouts of...
  • Could New Use for Zithromax Lead to Increased Cases of Stevens Johnson Syndrome?
    Aug-2-15 San Diego, CA On the surface, it appears as welcome news; an existing medication that has the potential to be effective in a new indication. However, digging deeper one has to wonder if a perfect storm is on the horizon, given that Zithromax has the potential for use in more people and thus introduces more potential for Zithromax Stevens Johnson Syndrome...
  • Financial Elder Abuse: “We’re Targets,” Says Advocate for Change
    Oct-27-13 Thousand Oaks, CA There are many ways in which Financial Elder Abuse can happen. Financial advisors and product brokers can attempt to sell a trusting senior on a product that would benefit the broker in commissions, but amounts to the worst possible product for the senior given their stage in life. Family members can also take advantage, and family ex...
  • Washington State Tough on Elder Fraud
    Oct-24-13 Seattle, WA King County prosecutor Page Ulrey calls the growing number of financial abuse cases “outrageous.” There are two prosecuting attorneys in her office who work on financial elder abuse but she says they need more like five prosecutors to handle the work. “We’re swamped,” says Ulrey, who recently spoke at a White H...
  • Rent-A-Center and More California Labor Law Violations
    Jul-14-15 Los Angeles, CA It’s a toss-up whether Rent-A-Center has more disgruntled customers than it does employees. However, one thing is a sure bet: the company must have deep pockets to pay for more California labor law violations. According to attorney Ben Stewart, Rent-A-Center has misclassified its managers and assistant managers and in doing so,...
  • Accor North America Inc. Motel 6 Child Personal Injury Settlement
    Accor North America Inc. has reached an undisclosed monetary settlement with Hitendra and Falguni Bhakta, the parents of a child who is alleged to have found and swallowed a used condom at the Motel 6 in Casper, Wyoming on May 26, 2003. It appears that the child, who was only two years of age at the time of the incident, was found choking on a used cond...
  • ER Overcharges “Sickening”
    Oct-10-13 Gadsden, AL One Sunday last summer Kandi thought she had a urinary tract infection (UTI). Because she doesn’t have health insurance, Kandi - who works for a physician - at first treated herself with Cipro, a strong antibiotic. But it got to the point where she wound up in the local hospital’s ER. Kandi made a quick recovery “but emergen...
  • Arkansas Attorney General Launches Internet Payday Loans Lawsuit
    Oct-9-13 Little Rock, AR The battle lines are drawn between the state of Arkansas and the operator(s) of an Internet payday loans organization which, according to its website, suspended operations in late summer. At issue are the provisions of Internet payday loans that have been known to carry interest rates as high as 342 percent, and whether or not the compa...
  • Avoid the Financial Hurdles during a Pending Lawsuit with Litigation Funding
    Oct-4-13 It is stressful enough when you or a family member is seriously injured, without worrying about losing everything. When things are at their worst, many plaintiffs turn to litigation funding . “I was seriously injured in an auto accident and unable to return to work. I needed surgery to repair a ruptured disk, but the defendant was contesting liabilit...
  • Los Cuidadores a la Espera de Horas Extraordinarias de California
    Jun-23-15 Los Angeles, CA Charlene renunció a su trabajo como supervisor minorista para cuidar de su madre, que requiere atención 24/7. "Yo no tengo ningún ahorro u otros medios de ingreso, así que contaba con un salario justo y las horas extraordinarias de California cuando el IHSS patada en enero pasado", dice Charlene. El programa de Servicios de Apoyo de...
  • Berkeley Premium Nutraceuticals et al. Consumer Fraud Settlement
    A lawsuit was filed against Lifekey Inc., Boland Naturals Inc., Warner Health Care, Wagner Nutraceuticals and Berkeley Premium Nutraceuticals for allegedly violating state consumer laws. The lawsuit claimed the companies automatically signed customers up to a negative option feature without their knowledge. When consumers placed an initial order for a f...
  • Another Asbestos Laundry Death: Children Continue Wrongful Death Asbestos Lawsuit
    Jun-12-15 New Orleans, LA An asbestos mesothelioma lawsuit currently winding its way through a Louisiana federal court is minus one claim after a federal judge granted partial summary judgment to the defendant(s) and tossed a claim made by the plaintiffs for mental anguish. A host of remaining claims, however, are still at play. The asbestos lawsuit is founde...
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