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Legal News Articles - Consumer Fraud

Credit Union Excessive Fees Lawsuits Could Be “Tip of the Iceberg”

Credit Union Excessive Fees Lawsuits Could Be “Tip of the Iceberg” January 14, 2016. By Gordon Gibb.
Lakeland, FL Credit unions are increasingly coming under fire for excessive overdraft fees, in the same way that major banks have been taken to task for misdeeds such as reorganizing transactions to maximize fees. In October plaintiff Martha Towner filed a Credit Union Excessive Overdraft Fees lawsuit alleging 1st MidAmerica Credit Union charged overdraft fees improperly.
Read [ Credit Union Excessive Fees Lawsuits Could Be “Tip of the Iceberg” ]

Tommie Copper Settlement Announced, Other Lawsuits Pending

Tommie Copper Settlement Announced, Other Lawsuits Pending January 7, 2016. By Heidi Turner.
New York, NY: People dealing with chronic pain from arthritis might be tempted to believe a specialty clothing could help prevent severe pain and inflammation. But as Tommie Copper lawsuits suggest, wanting to believe something doesn’t make it true. Further, companies can’t prey on consumers by making up claims about the health benefits of their products without adequate science to back those claims up. As the FTC’s Tommie Copper false advertising lawsuit and settlement show, there are watchdogs to make sure companies can prove the claims they make.
Read [ Tommie Copper Settlement Announced, Other Lawsuits Pending ]

Healthcare Fraud Cost Pharmaceutical Almost $150 Million in Settlements

Healthcare Fraud Cost Pharmaceutical Almost $150 Million in Settlements January 6, 2016. By Gordon Gibb.
Los Angeles, CA: It was four days before Christmas when a major, multimillion-dollar settlement was announced in a California healthcare fraud whistleblower lawsuit involving alleged kickbacks and other incentives to doctors in exchange for additional business.
Read [ Healthcare Fraud Cost Pharmaceutical Almost $150 Million in Settlements ]

FDA Reclassifies Transvaginal Mesh As High Risk Medical Device

FDA Reclassifies Transvaginal Mesh As High Risk Medical Device January 4, 2016. By Lucy Campbell.
Santa Clara, CA: Manufacturers of transvaginal mesh have been issued with final orders from the US Food and Drug Administration (FDA) that strengthen the data requirements for surgical mesh to repair pelvic organ prolapse (POP) transvaginally, or through the vagina. Hundreds of lawsuits have been filed against the manufacturers of these devices alleging mesh erosion, infection, pelvic pain and urinary problems.
Read [ FDA Reclassifies Transvaginal Mesh As High Risk Medical Device ]

US Bank Hoping to Recoup Portion of $55 Million Settlement from Insurers

US Bank Hoping to Recoup Portion of $55 Million Settlement from Insurers December 29, 2015. By Gordon Gibb.
St. Paul, MN: An excessive bank overdraft fees lawsuit and resulting settlement has been embroiled in an extended legal conflict not between the defendant bank and its customers, but rather an ongoing dispute between US Bancorp (US Bank NA, US Bank) and two of its insurers. The issue is how much of the $55 million settlement agreed to by US Bank would be paid by its insurers, if any.
Read [ US Bank Hoping to Recoup Portion of $55 Million Settlement from Insurers ]

From Bad to Worse for GNC: Shareholders Launch Herbal Supplements Lawsuit

From Bad to Worse for GNC: Shareholders Launch Herbal Supplements Lawsuit December 27, 2015. By Gordon Gibb.
Pittsburgh, PA: Any users of herbal supplements grousing about fraudulent content and misleading labeling now have advocates at the shareholder level, following the filing of a shareholder lawsuit against GNC Holdings Inc. (GNC). In sum, the herbal supplements lawsuit accuses the principals of GNC of standing pat while stock prices inflated, before prices tumbled once it was revealed that contents of GNC herbal supplements did not jive with the product labels.
Read [ From Bad to Worse for GNC: Shareholders Launch Herbal Supplements Lawsuit ]

VW Car Dealerships Hurting This Holiday Season Sue Volkswagen Group

VW Car Dealerships Hurting This Holiday Season Sue Volkswagen Group December 19, 2015. By Jane Mundy.
Los Angeles, CA: Car dealers have been hit hard by the Volkswagen emissions debacle. They have lost business on several levels and they have lost their customers’ trust. But lawyers say they do have legal recourse. Consumers have already filed claims and dealers too can file a Volkswagen Lawsuit.
Read [ VW Car Dealerships Hurting This Holiday Season Sue Volkswagen Group ]

It’s Not Just the Banks Charging Excessive Overdraft Fees

It’s Not Just the Banks Charging Excessive Overdraft Fees December 18, 2015. By Heidi Turner.
Tampa, FL: If you think it’s just the banks who have been accused of charging excessive overdraft fees, you'll have to think again. Yes, the banks have been at the front of most of the media concerning fees, but credit unions have also been accused of charging excessive fees. Although the battle concerning overdraft fees has been going on a few years now, lawsuits are still being filed against banks and credit unions alleging they’ve been gouging their customers to increase profits.
Read [ It’s Not Just the Banks Charging Excessive Overdraft Fees ]

Energy Drink Reportedly Linked to Man’s Heart Attack

Energy Drink Reportedly Linked to Man’s Heart Attack December 16, 2015. By Heidi Turner.
Washington, DC: Excessive consumption of energy drinks has been reportedly linked to a man’s heart attack. Published studies have already suggested that high levels of caffeine in energy drinks could play a role in cardiovascular issues in youth, but less is known about their effects in adults. Three lawsuits concerning energy drinks and cardiac problems have recently been settled for confidential amounts.
Read [ Energy Drink Reportedly Linked to Man’s Heart Attack ]

Dating App’s Premium Package Has Unfair Cancellation Process—Suit Alleges

Dating App’s Premium Package Has Unfair Cancellation Process—Suit Alleges December 14, 2015. By Brenda Craig.
Costa Mesa, CA: Tinder, a global dating app’s website, is the focus of a a consumer rights class-action lawsuit launched in California.
Read [ Dating App’s Premium Package Has Unfair Cancellation Process—Suit Alleges ]

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