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Sort by date 1,676 pages found matching security breach- Bank of America: Income Down 95%, 401k Plans Down?
Feb-2-08 Charlotte, NC: Bank of America is yet another victim of the slowing US economy and the damaging sub-prime mortgage crisis, prompting the company to undertake a multi-billion-dollar debt write down. Worse, the less-then-stellar performance may have put Bank of America retirement fund investors at risk for reduced Bank of America 401k portfolios, alleging... - University of Miami to Settle ERISA Lawsuit for $1.85 Million
Dec-23-21 Miami, FL On November 23, the University of Miami and participants in five of its retirement plans agreed to settle proposed class action ERISA lawsuit . The agreement provides for $1.85 million and structural safeguards to protect participants’ retirement savings in the future. The university and the plans' fiduciaries have agreed not t... - Preemption - Bush Administration Backs Medtronic in Supreme Court - Part I
Jan-1-08 Washington, DC: Under the arguments made before the US Supreme Court on December 4, 2007, by Deputy Solicitor General Edwin Kneedler, on behalf of the Bush Administration, in support of the medical device maker Medtronic, American citizens injured by a defective device would not be allowed to sue the manufacturer of a product, ever. In a nutshell, the g... - Cleaning Processes Blamed for Defective CPAP Devices – Scapegoat SoClean Files Lawsuit Against Philips
Nov-26-21 Peterborough, NH Being Philips’ Scapegoat has resulted in SoClean filing a lawsuit against the CPAP sleep machine manufacturer alleging unfair and deceptive practices and “causing it to suffer at least $200 million in damages”. Philips suggested that SoClean was to blame for its 15 million faulty CPAP and BiPAP machines. The Philips... - St. Joseph's Health System Facing Patient Data Breach Class Action
Santa Rosa, CA: A privacy class action lawsuit has been filed against St. Joseph Health System, which operates Santa Rosa Memorial, Petaluma Valley and Queen of the Valley hospitals, for allowing private patient data to be searchable online for 31,800 patients across the system' California hospitals, including about 10,000 patients locally. Th... - Bad Faith Insurance: Looking Out for Number One - And it isn't You
Jun-9-07 Beaumont, TX Freddie and Zohreh Shahrodi know all about what their insurance policy SAYS. It's what their insurer didn't deliver that has the Jefferson County couple up in arms, and battling in court—yet another lawsuit against bad faith insurance. According to an article in the Southeast Texas Record the couple's insurer, Fire Insurance Exchan... - Amazon, Zappos Face Data Breach Class Action
Louisville, KY: A proposed class action lawsuit has been filed against Amazon.com and its Zappos.com subsidiary alleging a recent data breach could put some 24 million Zappos.com customers' personal credit information at risk. The lawsuit was filed in federal court on behalf of Theresa D. Stevens, of Beaumont, TX, and all affected Zappos customers... - More Long-Term Part Timers May Now Save Through 401k ERISA Plans
Jan-22-24 Washington, DC Beginning on January 1, 2024, an expanded group of long-term part-time employees may be able to participate in their employer’s 401k ERISA retirement plan . It’s a small tweak in the 2019 Setting Every Community Up for Retirement Enhancement Act ( SECURE Act ) that could have major implications for young and underemployed worker... - Xbox 360: More unhappy customers and a lawsuit
Dec-10-06 Mount Clemens, MI: Bryan Thompson purchased his Xbox 360 in April, 2006. By November he was already sending it in for repairs because "the red ring of death" had appeared on the front of his console, meaning his console was unusable. Bryan had heard that the October update was causing problems for some people, but says that his problems did not start... - Guidant Settles Three Lawsuits - 549 To Go
Oct-2-06 Corpus Christi, TX Attorneys for the plaintiffs in lawsuits against Guidant and its new owner, Boston Scientific, view the settlement of a Texas case days before a jury trial as a sign that the company is dodging the courtroom. Guidant settled the case for an undisclosed amount with two plaintiffs avoiding a public trial set to begin on September 18, 20... - CPAP Sleep Machine Nightmare – for both Consumers and Philips
Sep-13-21 St Louis, MO Philips CPAP sleep machine recall has caused a rude awakening for thousands of users who rely on the sleep machine to get them through the night – alive. Meanwhile, the U.S. Judicial Panel on Multidistrict Litigation will discuss next month the future of sleep machine lawsuits throughout the federal court system. JPML Hearing As... - Overtime Pay Issue Avoided at This Year's Mid-South Fair
Sep-22-10 Memphis, TN A dispute between the operators of the Mid-South Fair in Tennessee and the Desoto County Sheriff's Office regarding the overtime pay for police officers who provided security for the event is partially responsible for a change in policy at this year's fair. Desoto County Sheriff Bill Rasco and the general manager for last year's Mid-Sout... - Chasing Demons: "Securities Fraud Is Still Happening"
Sep-20-10 Sante Fe, NM Securities fraud seems to have dropped from the headlines, and Bernie Madoff is in safely locked up far from other peoples' money. But make no mistake, says Louis Straney, a super expert on fraud detection, litigation, prevention and control of financial misconduct—there is a never-ending stream of heartless pretenders intent on stealing you... - Participants Sue $1.52 Billion Baptist Health South Plan for Wasting Retirement Savings
Sep-6-21 Miami, FL On August17, three former participants in the Baptist Health South Florida, Inc. 403(b) Employee Retirement Plan (BHSF Plan) sued plan fiduciaries for breaching their duty of loyalty and prudence to participants and beneficiaries by paying “astronomical” management fees. The named plaintiffs in the ERISA lawsuit seek... - AARP Survey: Young Americans Support Social Security
Aug-31-10 Washington, DC A poll conducted by the AARP to commemorate the 75th anniversary of Social Security revealed that 90 percent of Americans between the ages of 18 and 29 said they felt that the social program was important. Unsurprisingly, Americans over 65 were nearly unanimous in their support for the program that was signed into law by President Fra... - Decorated War Vet Denied VA Benefits on Appeal
Aug-16-10 San Francisco, CA A decorated soldier from Vietnam who still experiences flashbacks and physical pain from bullet and shrapnel wounds in his back was recently told by a federal court that he would not receive VA disability benefits under Social Security. It was the Court's view that he could still perform work and thus did not qualify for benefits. ... - India Train Crash Could Hold Lessons for US Rail Systems
May-30-10 Mumbai, INDIA It may have happened a half world away, but the train crash this week in Mumbai that killed more than 100 people and injured scores of others has terrorism experts a bit worried, warning that terrorists make note of methods and take lessons from all such attempts at train derailment regardless of location or success. The train wreck of Ma... - Hurry Up and Wait for SSDI Benefits
Jan-13-10 Fort Worth, TX For anyone applying for Social Security Disability Insurance (SSDI) benefits, it's a game of "hurry up and wait"—a wait compounded by the economy and an aging population. In Texas, about 50,000 people are currently waiting to hear back about their initial application, according to the Fort Worth Star-Telegram. That number doesn'... - Akal Security Army Base Guard Contract Settlement
Topeka, KS: (Jul-14-07) The US Government brought a lawsuit against Akal Security, a New Mexico security firm, alleging that it violated terms of a contract to provide trained civilian security guards at eight Army bases. Akal Security was hired in September 2003 to provide guards at Fort Riley; Fort Lewis, WA, Fort Hood, TX, Fort Campbell, KY, Blue Grass... - Understanding ERISA Laws Complicated to Understand
Aug-12-12 Boise, ID For most people who have an ERISA plan , such as an employee savings plan or an employee stock plan, understanding the rules governing those plans might not be top priority. ERISA (Employee Retirement Income Security Act) benefits rules can be complicated to understand, and most employees assume that the people overseeing those plans are well...