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Sort by date 1,676 pages found matching security breach- Backdating of Stock Options under Federal Investigation
Jul-29-06 The U.S. Security and Exchange Commission (SEC) has announced that they will be investigating nearly 80 companies for stock option 'backdating' with nearly 40 companies facing criminal probes by the U.S. Justice Department. Federal officials held a [ press conference ] on July 21 in San Francisco to announce civil and criminal charges relating to allegati... - Bush's Mental Illness Screening Squad On the Move
Jul-9-06 The tax dollar funded mental health screening programs popping up in every corner of the nation represent an enormous gift to Big Pharma from the Bush administration. After all, drug companies can't push drugs without a lucrative customer base, so the screening programs are a great solution for that little problem. On April 29, 2002, Bush kicked off th... - Allegations of Price Fixing could cost Airlines over 1.5 billion dollars
Jul-4-06 United Airlines, American Airlines, British Airways and Virgin Atlantic are named in a related price fixing suit... A lawsuit filed recently in federal court in New York alleges that four transatlantic airlines - United Airlines, American Airlines, British Airways (BA), and Virgin Atlantic - fixed prices on fuel surcharges on flights between the United S... - UnumProvident didn't acknowledge mental disabilities
Jun-26-06 Mental illness is a disability, just like a physical injury, but from these two women's accounts, not according to UnumProvident Corporation. Therese Truong of San Jose, CA. "I got a UnumProvident insurance policy automatically through my employer. In May 2002 I suffered emotional distress as a result of harassment at work by my manager and I was u... - Big Pharma Research Racket Is Killing People
Jun-23-06 Over the past six years, ten FDA approved drugs have been withdrawn from the market due to deaths and injuries, leading lawmakers to accuse the FDA of not doing its job in protecting the public from unsafe drugs and to call for measures of improvement. On June 20, 2006, the New York Times reported that "two influential senators are expected within weeks t... - $435 Million Settlement Reached in Marsh and McLennan Securities Class Action
New York, NY: Marsh and McLennan (M&M), has agreed to a settle a shareholder class action for $435 million. The settlement is tentative, as it remains subject to court approval. One of the world's largest insurance brokerages, M&M was accused in the lawsuit of bid rigging and price fixing of its insurance contracts. The settlement will see $4... - Cerebral Palsy: a mother and daughter's agony
May-18-06 Libby Messiah of Fortson, Georgia was not yet 20 years old when her daughter was born with cerebral palsy. "I wasn't stupid, just very young and didn't know what was happening. At one point during my labor they told us she was in distress and had an erratic heart beat but they didn't do anything about it. With community health you take what you can get -... - FDA Used to Shield Big Pharma From Lawsuits
May-12-06 In January 2006, the FDA announced the Bush administration's latest gift to Big Pharma in a statement that said people who believe they have been injured by drugs approved by the FDA should not be allowed to sue drug companies in state courts. "We think that if your company complies with the FDA processes, if you bring forward the benefits and risks of yo... - Asbestos: the Silent Killer
May-2-06 Nathan Starling, from Orlando, Florida has never smoked a day in his life." What got me thinking about the asbestos was when the doctors saw me after my triple by-pass surgery and told the wife that I should quit smoking." For Nathan, there is no such thing as the golden years. "I think I've got copper instead." "I was fine until a few years ago. I was a... - Is Shelf Life Of Zicam Nasal Spray In Jeopardy?
Apr-17-06 On January 20, 2006, Matrixx Initiatives, Inc, the maker of Zicam cold remedy products , agreed to settle a class action lawsuit by paying out $12 million to 340 plaintiffs, who claim Zicam nasal spray permanently damaged their sense of smell, a condition known as anosmia. In the summer of 2005, Matrixx also settled the only lawsuit that has gone to trial,... - ERISA: What a Way to Treat a WWII Veteran
Mar-17-06 Robert Stivanson from North Zulch, Texas is a Second World War Veteran. He enlisted in the US navy in 1943 at the age of 17 and was a Navy radio operator in the Pacific. And he was recalled for Korea and reported for active duty in 1951. His full pension has been denied. Treating a US Veteran this way is shameful. "I only get social security checks, that... - Sex Crimes: A Tragic Story of Physical and Mental Abuse
Feb-27-06 Lisa Tri, from Buffalo, Minnesota was sexually and physically abused by her mother's ex-fiance when she was 10 years old. "He had me so scared that I didn't tell anyone," says Lisa. "Besides, nobody would believe me - he worked for a minimum security correctional facility in Redwing, Minnesota and had me so brainwashed I didn't even tell my Mom until we m... - Merrill Lynch ERISA Class Action Settled for $75 Million
On August 21, 2009, final approval of the ERISA settlement in the Merrill Lynch & Co., Inc. Securities, Derivative and ERISA Litigation was granted. The class action alleged breaches of fiduciary duty in violation of the Employee Retirement Income Security Act of 1974, as amended ("ERISA"), in connection with the acquisition and holding of Merrill Lync... - Stock Options and Your Retirement Fund: Is Your Employer Obeying ERISA?
Jan-26-06 A number of lawsuits have been launched against companies who don't follow the laws around stock options, 401k plans and retirement funds. ERISA, the Employee Retirement Income Security Act, has special rules for companies that offer stock options as a retirement plan investment. This includes a company's fiduciary duties to their employees. Simply put,... - Small planes, a new trend among travelers, a new concern for authorities
Jan-26-06 Airplane manufacturers are producing small jet planes, ideal for personal travel and charter, though the safety risks have yet to be determined. Although statistics claim that it is 4 times safer to fly in a commercial plane than to drive a car, small personal planes or charter planes have an accident rate 7 times higher than automobiles. And in small pla... - Buscone Management Employee Pension Dispute Settlement
Former employee, Camilla Amandolare, filed a lawsuit against the property management company and its president Joseph Buscone alleging she was fired in retaliation for disputing the calculations of her pension benefits. Buscone has agreed to pay a $16,000 fine to the Labor Department for violating the federal Employee Retirement Income Security Act and... - Stock Fraud: Has This Happened To You?
Jan-19-06 Jane Auerbach lost almost all her savings and her husband's life insurance. Because she trusted a stock broker. Auerbach, age 56, moved to the Tampa Bay area around Florida 10 years ago after her husband Neil died at the age of 46 from colon cancer. With two young children to support, she needed to be close to her parents. And she also needed them for fin... - Mirapex Ruins another Life
Jan-17-06 "Some of the things I did were unreal on Mirapex," says 65-year old Marliyn McKee, from Harrisburg, PA. "I played solitaire online so much that I got carpal tunnel syndrome--even through the pain I would play." But that was nothing compared to the repercussions from gambling that were later to follow, another side effect of Mirapex. "I had restless leg sy... - $20 Million Settlement Proposed in VA Data Theft Class Action
$20 Million Settlement Proposed in VA Data Theft Class Action A $20 million settlement has been proposed between the Veterans Affairs Department and veterans over the uncontrolled exposure of the veterans' personal information, and potential identity theft. The class action suit was launched by 5 veterans following the admission of a VA data analy... - Newspaper Carriers Settle with Paper for $22 Million
Newspaper carriers for the Orange County Register have won their class action lawsuit, by agreeing to a settlement of $22 million. Additionally, the carriers have agreed that they are not employees of the paper, but independent contractors. At the outset of the suit the carriers had sought $88 million in damages, alleging that they are employees, and the...