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  • American International Group Inc. Accounting and Sales Settlement
    New York, NY: (Mar-01-07) A probe begun by former New York Attorney General Eliot Spitzer, the US Securities and Exchange Commission, and the Justice Department against American International Group Inc., claimed that AIG restated earnings twice. In doing so, the company lowered net income for 2000 to 2005 by $3.4 billion, cheated workers compensation progr...
  • FDA Slaps Another Warning on Testosterone—Too Late for Many
    Jul-18-14 Bend, OR Mark suffered a pulmonary embolism just two months before the FDA required testosterone therapy manufacturers to include on their drug labels a general warning about the risk of blood clots in veins. “I’ll never forget the doctors in hospital who told me that I was lucky to be alive,” says Michael. Within just a few mont...
  • LawyersandSettlements.com Interviews Attorney Roy Pollack About The Recent Microsoft Wrongful Termination Lawsuit Decision
    Jul-16-14 After a drawn-out legal battle in Texas, a decision for the plaintiff was returned by the jury in the Microsoft wrongful termination lawsuit. LawyersandSettlements.com recently interviewed one of the plaintiff’s attorneys, Roy Pollack, to learn more about the case. Austin, TX (July 16, 2014): After a three-year legal battle, plaintiff Michael Mer...
  • State Farm Policyholders Coverage Settlement
    Biloxi, MS: (Feb-18-07) Following a pattern set in Florida, Mississippi Attorney General Jim Hood is seeking legislation that will block insurance companies from refusing to write new homeowners and commercial policies in hurricane hit states. The move was spurred by State Farm's new policies stemming out of the inhospitable climate in the state. Hood s...
  • Januvia Heart Failure
    Jul-9-14 Edmonton, AB Recent Januvia (Sitagliptin) studies have shown that type 2 diabetes patients with pre-existing heart failure and sitagliptin use were not associated with an increased risk of all-cause hospitalizations or death. However, Januvia users were more likely to be hospitalized for heart failure. Januvia (sitagliptin) is a class of drugs cal...
  • Corwith's Auto Body et al. North Sea Landfill Pollution Settlement
    Southampton Town, NY: (Feb-07-07) A settlement has been reached today by 29 businesses and government entities with the New York State attorney general's office over the cost of cleanup at the old North Sea landfill in Southampton Town. The defendants included, Corwith's Auto Body , Hampton Jitney, Colossal Carting Co., Kraft Foods Global, MTA, Long Is...
  • MBIA Inc. Securities Fraud Bond Settlement
    Armonk, NY: New York State and federal regulators filed a securities fraud and misuse of finite reinsurance lawsuit against MBIA Inc. The investigations into the financial guarantee insurer alleged use of sham reinsurance transactions in 1998 to mask a $170 million bond loss incurred on its guarantee of bonds issued by a bankrupt unit of Allegheny Healt...
  • Carolina Tobacco Company Oregon Registration Settlement
    Portland, OR: A lawsuit begun in 2003 that questioned Carolina Tobacco Company's (CTC) legal standing to submit Oregon certifications and make the escrow payments as required as a manufacturer under the Tobacco Master Settlement Agreement. The issue branched out into several different lawsuits. Carolina Tobacco Company announced two settlement agreement...
  • Supreme Court Rejects Presumption of Prudence in ERISA Lawsuits
    Jul-6-14 Washington, DC In ERISA stock drop lawsuits , a common allegation is that the ERISA plan fiduciary has failed to act prudently by investing plan assets in company stock. Plaintiffs argue that their employee stock plan or savings plan assets would have been more prudently invested in other stock. One of the defenses to that claim is that unless the compa...
  • Healthcare Research and Development Institute Vendor Favoritism Settlement
    Hartford, CT: State Attorney General Richard Blumenthal announced an antitrust settlement with Healthcare Research and Development Institute (HRDI), based in Pensacola, FL which was being investigated by Connecticut authorities. Blumenthal alleged that HRDI members showed favoritism to certain vendors, who paid $40,000 for membership privileges in the g...
  • Gateway to a Cure Charity Raffle Fraud Settlement
    St Louis, LA: St. Louis County Circuit Judge Steven Goldman decreed that St. Louis County-based charity, Gateway to a Cure, must pay more than $3.6 million in restitution and penalties for fraudulent raffles supposedly to help spinal cord injury research. He agreed with Missouri Attorney General's Office that Gateway engaged in unlawful methods, acts, u...
  • Michigan State Police Fatal Shooting Settlement
    Adrian, MI: A lawsuit brought by the family of Jesalynn Simons in 2004, against Michigan State Police and a trooper who fired a shot causing a fatal leg injury to Simmons, said that the shooting was not justified. A $650,000 settlement was accepted in Lenawee County Circuit Court to end the lawsuit when Judge Timothy Pickard rejected a motion to dismiss...
  • Priceline, Travelocity, and Cingular Adware Installation Penalty
    Albany, NY: In a lawsuit filed in April 2006, New York Attorney General Andrew Cuomo's office charged Direct Revenue LLC with installing adware programs onto millions of consumers' computers worldwide to deliver advertisements, monitor Web sites and collect data. The programs are difficult to uninstall as well as serve a potential threat to the system...
  • Jacksonville, FL Religious Rally Fine.
    Jacksonville, FL: The city will pay an atheist group $5,000 in attorney fees and avoid holding religious events in the future in the settlement of a lawsuit over a day of faith rally. The settlement requires the city of Jacksonville to write New Jersey-based American Atheists Inc. a letter saying it did not intend to violate the First Amendment and will...
  • Bayer Corporation Bayer Side Effects Settlement
    Tallahassee, FL: Florida Attorney General Bill McCollum announced that Florida and 29 additional states have reached an $8 million settlement with Bayer Corporation, resolving an investigation into the marketing of a drug to lower cholesterol. The settlement was part of a consumer protection enforcement action initiated over concerns that Bayer failed...
  • WesTech Solutions Corp. Employee 401k Transactions Settlement
    Salt Lake City, UT: The Labor Department sued Corona-based Internet services firm WesTech Solutions in 2005 after an investigation by the benefits administration unit. WesTech had allegedly been mixing employee contributions with the general corporate account and failing to deposit those contributions into the company's 401(k) plan. The owner of WesTech...
  • GlaxoSmithKline Fined Again—The Cost of Doing Business?
    Jun-26-14 It is seen as the cost of doing business. It may be illegal, but is also highly profitable, so why stop? That seems to be the attitude of many pharmaceutical companies - and the latest proof of this comes in the form of a $105 million fine leveled against GlaxoSmithKline Plc. (GSK). The California Attorney General Kamala Harris announced the fine saying h...
  • Wilkes-Barre/Scranton International Airport Terminal Construction Delays Settlement
    Pittston, PA: In March of 2003, Sordoni Construction Services Inc. was awarded a $17.4 million contract to build part of the Joseph M. McDade terminal at the Wilkes-Barre/Scranton International Airport. Changes during construction pushed the contract up to $19.2 million. Sordoni filed a lawsuit against the airport claiming it was responsible for delays...
  • Filing Bad Faith Insurance Lawsuits
    Jun-19-14 Oakland, CA Among the more stressful things a person can go through, having a legitimate insurance claim denied has to be close to the top of the list. After all, the person who submitted the denied disability insurance claim is likely already going through health problems and is probably off work and worried about finances while dealing with health pr...
  • Jackson Hewitt, Inc. Low Income RAL Settlement
    California Attorney General Bill Lockyer filed charges against the tax preparation firm for allegedly violating state and federal laws in marketing high cost refund anticipation loans (RALs) to low income customers. The lawsuit claimed Jackson Hewitt violated laws and rules that regulate debt collection practices, and prohibit unfair business practices,...
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