Legal News Articles - Consumer Fraud
November 16, 2017. By Lucy Campbell.
Dallas, TX: A $247 million verdict has been awarded against the maker of DePuy’s Pinnacle line of metal-on-metal hip implants, DePuy Orthopaedics Inc, and its parent company Johnson & Johnson (J&J), with $90 million in punitive damages against J&J and $78 million in punitive damages against DePuy. The settlement is the third, consecutive multi-million dollar verdict delivered in this multidistrict litigation.Read [ $247M Verdict for Plaintiffs In DePuy Pinnacle Hip Replacement Trial ]
November 10, 2017. By Gordon Gibb.
Los Angeles, CA: Yet another major bank has bowed to litigants enraged over excessive bank overdraft fees, following the announcement of a settlement worth $66.6 million. The bank overdraft fees settlement, designed to end a lawsuit against Bank of America, still requires court approval.Read [ Bank of America to Settle Excessive Fees Class Action for $66.6 Million ]
November 6, 2017. By Lucy Campbell.
Philadelphia, PA: Allegations of witness tampering have stalled the beginning of the Xarelto litigation. The first Xarelto trail was set to being Monday, November 6, but instead got sidelined by attempts to determine the significance of a meeting between a key witness, Dr. Timothy Aldridge, the plaintiff’s treating physician, and a Janssen sales representative.Read [ First Xarelto Trial Stalled Over Allegations of Witness Tampering ]
October 30, 2017. By Anne Wallace.
Washington, DC: On October 24,2017, the Senate voted to overturn a Consumer Financial Protection Bureau (CFPB) rule that limited banks’ ability to enforce mandatory arbitration clauses in consumer contracts. While this change is unlikely to alter the course of existing excessive overdraft fee lawsuits, it will make it much harder for consumers to join class actions against giant financial institutions like Wells Fargo, Capital One or Fifth Third in the future.Read [ It Just Got Harder to Sue Your Bank for Excessive Overdraft Fees ]
October 18, 2017. By Lucy Campbell.
Jefferson City, MO: A $72 million verdict in favor of the family of a woman whose death from ovarian cancer was allegedly linked to her long term use of Johnson and Johnson’s Baby Powder has been reversed by The Missouri Court of Appeals for the Eastern District.Read [ $72M J&J Talc Cancer Verdict Reversed ]
October 16, 2017. By Gordon Gibb.
Atlanta, GA: The defendant in an excessive bank overdraft fees lawsuit petitioned an appeals court back in August to compel more than a million Wells Fargo account holders allegedly hit with excessive bank fees to individually pursue a remedy through arbitration, rather than through the courts.Read [ Wells Fargo Now Favors Arbitration in Long-Running Overdraft Fees Lawsuit ]
September 26, 2017. By Lucy Campbell.
Washington, DC: Bayer has announced that it is taking its female sterilization device, Essure, off the market in all countries where it is currently marketed and sold, except the US. The company said it was taking this action due to commercial reasons, and not because of allegations of side effects associated with the device.Read [ Bayer Pulls Essure Birth Control Device From All Countries Except US ]
September 12, 2017. By Lucy Campbell.
Washington, DC: 3M’s , Bair Hugger, the subject of some 2600 defective products lawsuits across the US, has received clearance for use from the US Food and Drug Administration (FDA). According to a spokesperson for the FDA, the agency has no conclusive evidence to establish an association between use of a forced air thermal regulating systems and an increased risk of surgical-site infections.Read [ FDA Clears Bair Hugger for Post-Surgical Use ]
September 8, 2017. By Lucy Campbell.
Philadelphia, PA: A $57.1 million verdict has been awarded against the makers of defective TVT Secur mesh, Johnson & Johnson and its subsidiary, Ethicon. The award breaks down as $50 million in punitive damages and $7.1 million in compensatory damages for plaintiff Ella Ebaugh, a Pennsylvania resident, according to court documents.Read [ $57.1M Ethicon TVT Secur Mesh Verdict Awarded ]
September 8, 2017. By Anne Wallace.
Atlanta, GA: Only a nut would sue for $35. Banks count on that when they boost overdraft fees through a technique known as “debit resequencing.” The 2010 changes in banking law that were part of Dodd-Frank have failed to kill the practice. It persists even after a $35 million class-action settlement over Union bank excessive overdraft fees in 2011. One of the banks’ newer schemes to keep this revenue source producing has been to force consumers out of class-action lawsuits and into costly individual arbitration. Only a nut would arbitrate over $35.Read [ Banks Fight Excessive Overdraft Suits with Bid for Arbitration ]