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  • S&P Faces Federal Lawsuit over 2008 Financial Crisis
    Feb-11-13 Washington, DC The federal government is seeking $5 billion in penalties from rating agency Standard & Poors (S&P) in a civil suit alleging consumer fraud. The lawsuit alleges that S&P defrauded investors by inflating ratings and understating risks associated with mortgage-backed securities. The lawsuit alleges that S&P pursued this course of acti...
  • Overturning ERISA and the Supreme Court Update
    Feb-3-13 Washington, DC Last November, Matt Wessler, an attorney at Public Justice, argued an ERISA case before the Supreme Court that will impact every ERISA insurer in the country and almost 200 million Americans covered by the ERISA plan. Here’s the issue in U.S. Airways v. McCutchen : When an employee is injured and recovers compensation from the...
  • Massive Computer Glitch Triggers New York Overtime, Wage Debacle
    Jan-21-13 Syracuse, NY Sometimes, something designed to improve a situation actually makes it worse. Such was the case for an expensive new computer system costing hundreds of millions of dollars that only served to trigger a New York overtime debacle of grand proportions. The Post Standard (1/9/13) surmised that it mightn’t have helped that the rollo...
  • New FDA Guidelines for Hip Implants
    Jan-19-13 The FDA issued a safety communication on January 17th, stating that the metal-on-metal devices have unique risks in addition to the general risks of all hip implants. The agency also said on its website that surgeons should select a metal-on-metal hip implant for their patient only after determining that its benefits outweigh that of an alternative hip sy...
  • Depakote Leaves Some Patients With Questions
    Jan-19-13 Chicago, IL For some patients who took Depakote for migraines or seizures--specifically women who became pregnant while using the medication--their use of the drug has left them with many questions. Those questions include whether or not Depakote side effects affected their unborn babies, causing issues such as so-called Depakote birth defects. Other w...
  • SSRI Autism Roundup: New Concerns for a New Year
    Jan-2-13 Atlanta, GA The Ohio Department of Health has been named in an autism lawsuit filed by the parents of a toddler stricken with the disorder. At issue is an alleged denial by the state of Ohio of federally mandated treatment options that the plaintiffs hold should be made available for their infant son. The lawsuit is but one example of the issues surrou...
  • Infertile Woman Blames Mirena
    Dec-24-12 Toronto, ON Sadly, Cathy’s doctors believe she is infertile, a condition that Cathy links to Mirena birth control. Now armed with information regarding Mirena side effects she has a lot of questions, both for her doctor and Bayer, the manufacturer. Cathy (not her real name) was prescribed the Mirena uterine device (IUD) about four years ago bu...
  • Actos Bladder Cancer: The Meaning Behind 'Maybe'
    Dec-23-12 Washington, DC When the US Food and Drug Administration (FDA) issued its safety announcement with regard to Actos and bladder cancer last June, the agency made liberal use of the word 'may' when describing the possible association with an increased risk of bladder cancer following use of pioglitazone (Actos) for longer than one year. The association...
  • Mortgage-Backed Securities Result in Lawsuit Against JPMorgan
    Dec-21-12 Chicago, IL JPMorgan Securities and Bear Stearns & Co reportedly face a securities lawsuit filed by the National Credit Union Administration over mortgage-backed securities. This is not the first securities fraud lawsuit faced by JPMorgan related to mortgage-backed securities. The financial giant faces separate securities fraud litigation also file...
  • Beyaz Side Effects Yet to Reach the Courts
    Dec-18-12 Washington, DC In spite of updated recommendations that suggest oral contraceptives containing the synthetic hormone drospirenone carry a "possible minimally increased risk" of blood clots, thousands of lawsuits appear to suggest the risk in real numbers is anything but minimal. As for Beyaz side effects , the drospirenone-containing cousin of Yasmin an...
  • Do SSRI Medications Improve Pregnancy Outcomes?
    Dec-15-12 Detroit, MI When it comes to taking SSRI medications during pregnancy, conventional wisdom has tended to be that the benefits of taking the antidepressants outweigh the risks of SSRI side effects , which some studies suggest may include an increased risk of SSRI birth defects. But, a recently published study suggests that the use of selective serotonin...
  • Woman, 20, Suffers Acute Vision Loss From Topiramate
    Nov-30-12 Karachi, Pakistan Of all potential Topamax side effects possible with the use of topiramate, the most serious and gut-wrenching are those affecting an individual having little to do with the medication in the first place. Specifically, a child born with a cleft palate or other deformity requiring surgical intervention, allegedly stemming from the use o...
  • GranuFlo Recall Still Rankles
    Nov-23-12 Lehigh, PA The closure of a billing office by Fresenius Medical Care does not appear to be in any way related to a GranuFlo lawsuit or alkali dosing errors related to the recalled GranuFlo, a product used in association with kidney dialysis. And aside from a recent GranuFlo lawsuit launched against the manufacturer of the now-recalled product, there...
  • Securities Lawsuit Filed Against Wells Fargo
    Nov-18-12 Columbus, NB A securities lawsuit has been filed against Wells Fargo, alleging the company misled managers of Nebraska Public Power District's (NPPD) retirement plan about the risks associated with an investment. The securities fraud lawsuit alleges Wells Fargo engaged in fraud, misleading statements and other deceptive practices when marketing its inv...
  • A Fosamax Femur Fracture After Just Three Years
    Nov-16-12 Washington, DC Two recent published articles in medical journals add continued focus on Fosamax side effects and other bisphosphonates and their relationship to brittle bones. The concern is a Catch 22, in that bisphosphonates are supposed to ward against brittle bones for patients suffering from osteoporosis. However, it has been determined that the u...
  • A Tale of Two Extremes in California Overtime Law
    Nov-9-12 Sacramento, CA This is a tale of two unpaid overtime cases. One is at the high end, while the other is at the low end. At the end of the day, both have one thing in common: a claim that an employer failed to give the employee his, or her due. At the high end is Michael J. Pexa, a former district manager for Farmers Insurance Group in Sacramento. Acc...
  • Pradaxa: a Flawed Drug Due to Bleeding
    Nov-7-12 Houston, TX When the US Food and Drug Administration (FDA) released the result of a Mini-Sentinel assessment of Pradaxa, the new-age anti-clotting agent that serves as an alternative to the 60-year-old standby warfarin, the regulator noted that Pradaxa bleeding rates do not appear to be any higher than those of warfarin. The assessment, on the surfa...
  • Superstorm Sandy Spawns Superstorm Charity Scams
    Nov-6-12 Newark, NJ As if the massive destruction left by Superstorm Sandy wasn’t enough, the devastation from the hurricane has also spawned a predictable and unfortunate rash of consumer fraud scams, chief among them is the bogus charity con. Consumers and residents in all affected areas and beyond are being warned by state attorneys general,...
  • Nurses Win Long Battle Over Nurses' Overtime For Missed Breaks
    Nov-4-12 Olympia, WA While front-line service workers are often represented by unions and therefore can take advantage of various perks and workplace advantages entrenched in a contract to uphold safety on the job, circumstances may not permit a scheduled lunch break, or rest period. There is no more a truism here, than with the nursing profession, when the needs o...
  • The Catch 22 Associated With Bisphosphonate Drugs
    Oct-31-12 Boston, MA The Harvard name is synonymous with expert analysis and considered opinion on the latest data. That said, Harvard Women's Health Watch this past summer weighed in on bisphosphonates side effects , and in spite of compelling evidence that bisphosphonates work in lessening the effects of osteoporosis, the drug's rare capacity to actually fost...
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