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Sort by date 7,446 pages found matching settlement- Medtronic's Medical Device Legal Troubles far from Over
Jul-31-06 Minneapolis based Medtronic, Inc. is one of the nation's largest medical device makers. In mid-July 2006, the company agreed to pay a $40 million fine to settle charges that its Sofamor Danek division paid kickbacks to doctors to get them to use the company's spinal products, which accounted for 20% of the company's $11.3 billion in sales in 2005. On J... - ERISA Lawsuit Nets Nearly $9.4 Million for Plan Participants
Feb-10-22 St. Paul, MN The U.S. Department of Labor has announced an agreement to settle Walsh v. Reliance Trust Co. that will restore nearly $9.4 million to participants in the Kurt Manufacturing Company Employee Stock Ownership Plan (ESOP). The ERISA lawsuit alleged that plan fiduciaries caused the ESOP to buy all the outstanding company stock for nearly $10... - Nursing Home Industry - Breeding Ground for Whistleblowers
Jun-2-06 One of the most effective weapons the government has for unearthing fraud against Medicare and Medicaid in the nursing home industry is the False Claims Act. The fraud is so rampant in that industry that it should be officially designated as a breeding ground for whistleblowers. A provision in the FCA, called Qui Tam, allows persons with evidence of fraud... - Preliminary Approval of Settlement in Regions Morgan Keegan ERISA Lawsuit
Aug-22-14 Memphis, TN Preliminary approval has been given for a $22.5 million settlement in a Regions Morgan Keegan ERISA plan lawsuit. The ERISA lawsuit alleged breach of fiduciary duty on the part of those responsible for various Regions Morgan Keegan-run employee benefits plans. The settlement covers participants and beneficiaries of employee benefits plan... - Following Suit: Pradaxa and Xarelto Lawsuit Updates
Aug-20-14 Pradaxa lawsuits allege patients suffered from a serious Pradaxa side effect and were not sufficiently warned about the risk of that effect. Specifically, lawsuits allege patients were put at risk of uncontrollable bleeding with no possibility of an antidote. Plaintiffs also allege Pradaxa was marketed as being a suitable replacement for an older drug, war... - Device Maker, C.R. Bard Agrees to Settle More Than 500 Lawsuits Brought Over the Avaulta Transvaginal Mesh Device
Aug-14-14 Port Washington, New York (August 11, 2014) C.R. Bard indicated the settlement in its second-quarter filing with the U.S. Securities and Exchange Commission (SEC). Parker Waichman LLP, a national law firm long dedicated to protecting the rights of victims injured by defective medical devices reports that, according to a June 30, 2014 Securities Exchange... - Lethal Defects Of Bjork-Shiley Heart Valve
Apr-24-06 An estimated 25 million Americans have one kind of medical implant or another. However an analysis of implant recalls over 10 years show that the average number of recalls per year was 40 and by 2001, the number rose to 117. The FDA regulates the implant industry, but many products reach the market with insufficient clinical testing, followed by very litt... - President (of Yale) Can’t Dodge Deposition
May-9-19 New Haven, CT Peter Salovey, the president of Yale University, must submit to a deposition in a long-running class action ERISA lawsuit . Vellali v. Yale University claims that the university, as a fiduciary of the Yale University Retirement Account Plan (the “Plan”), mismanaged Plan assets and investment options in a way that harmed wor... - Online Lender Settles with FTC for $3.85 Million
May-8-19 Chicago, IL Avant LLC, the online lending phenomenon which had previously been hailed as a “breakout financial success story,” has agreed to settle a lawsuit brought by the Federal Trade Commission (FTC) for $3.85 million. Although the lawsuit largely relied on a different federal statute, it shares much of the consumer financial protectio... - A Million Hip and Knee Devices a Year, a Million Reasons for Concern
Jun-23-14 Washington, DC With more accurate numbers to gauge how many Americans each year have hips and knees replaced, it’s fair to assume that the incidence of hip & knee replacement implant failure will also increase, given a continuing rise in replacement procedures and continuing problems with latest-generation devices that pale in performance whe... - New Yorkers Fired without Just Cause
Jan-24-06 "It is common for new Yorkers to be fired and so far, there is not much recourse." - Mary Jeffords, Injured Workers of New York, Inc. According to Brian Colella, age 43, and former electrician at the New York City Fire Department Buildings Maintenance Division, he was fired after winning five different grievances for unpaid overtim... - Following Suit: General Motors Recalls
Jun-19-14 y May 2014, the General Motors faulty ignition recall had involved 1.6 million vehicles. GM automotive lawsuits The GM recall expanded on June 16, 2014 to include 3.36 million cars worldwide because they might suddenly switch off if their keys are carrying extra weight and the vehicles experience a “jarring event,” like hitting a pot... - Kugel Mesh Litigation in Canada and the US Ongoing
Jun-13-14 Sherman, TX While more than 2,600 Kugel Mesh victims have settled claims from C.R. Bard, the parent company of Davol, people are still filing Kugel Mesh lawsuits claiming the medical device manufacturer failed to adequately design the hernia patches and failed to warn doctors and patients of known problems with the mesh. The tort product liability... - Medical Malpractice Suits against Pennsylvania VA Clinic Settled for $1.4M
Jun-11-14 Families of four veterans who died due to medical malpractice at the Coatesville, PA, Veterans Affairs Medical Clinic were paid nearly $1.4 million in wrongful death cases following their treatment, according to reports from The Center for Investigative Reporting. The malpractice cases included failure to monitor a patient, improper management of a psy... - ER Traumatic Brain Injury Visits on the Rise
Jun-5-14 Washington, DC A new study suggests that the number of emergency room visits for traumatic brain injury is on the rise. Part of the reason for this could be the increase in awareness about the risks associated with head injuries and in particular the risks associated with a brain injury. High-profile brain injury lawsuits, such as the lawsuit faced by... - Flowers Foods Leaves Bad Taste for Distributor Drivers
Dec-30-21 Santa Clara, CA A California federal judge ruled that Flowers Foods Inc. misclassified its distributor drivers as independent contractors and drivers can go ahead with overtime claims against the second-largest commercial bakery in the US (whose brands include Wonder Bread, Tastykake, Sunbeam, and Nature’s Own). It has a track record of misclassifi... - Bronson Healthcare to Settle Excessive Fee ERISA Lawsuit
Dec-29-21 Kalamazoo, MI Bronson Healthcare and participants in the Bronson Healthcare Group, Inc. 403(b) Tax Sheltered Matching Plan have agreed in principle to settle a proposed class action ERISA lawsuit . The lawsuit focused on the fiduciaries’ decision to include the actively-managed Fidelity Freedom Fund in the plan’s investment portfolio. Details... - Endo Reaches $830m Transvaginal Mesh Injury Settlement
May-1-14 Washington, DC A potential $830 million settlement has been reached between thousands of women who have filed transvaginal mesh (TVM) injury lawsuits and TVM manufacturer Endo International PLC. If approved, the agreement would resolve “a substantial majority” of the claims which allege the TVM devices, made by Endo subsidiary America... - Judge Finds Insurer Guilty of Bad Faith
Apr-20-14 Los Angeles, CA News of bad faith insurance does not surprise a lot of people any more, but news of a company acting egregiously and hiding evidence might come as a bit of a shock. A lawsuit in Massachusetts against an insurer shows that insurance companies, even national companies, can allegedly act in bad faith when denying a disability claim or avoi... - DOL Forces Advisor to Pay for ERISA Violations
Apr-15-14 Johnston, IA The US Department of Labor announced that its investigation into ERISA violations on the part of a financial advisor has resulted in the advisor restoring more than $300,000 to various ERISA plans. The investigation reportedly found that the advisor breached his duty to the ERISA benefits plans. According to a news release from the Depa...