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  • World Experts Demand End to Child Drugging in the US - Part II
    Oct-27-07 Washington, DC: Mathy Milling Downing was a featured speaker at the annual conference of the International Center for the Study of Psychiatry and Psychology and told the audience that her anger is directed toward the FDA and drug companies, "for their incompetence and lack of concern for innocent children they have helped to kill, my little girl included."...
  • Bankruptcy Reorganization, Calpine Corp. pays $2.13 million bankruptcy settlement
    New York, NY: (Oct-24-07) Decatur County brought charges against Calpine Corp., and reached a settlement in which the bankrupt company agreed to a $2.13 million payout out of a $2.4 million claim by the county. Records how that in January 2007, the county hired bankruptcy lawyers to appear in a New York bankruptcy court after Calpine claimed it owed only $...
  • Seroquel Touted as a Miracle Drug. But is it Greed?
    Oct-26-07 Wilmington, DE It's enough that the atypical antipsychotic drug Seroquel carries a host of potentially serious side effects that pose substantial risks. However, what's worse is an allegation that AstraZeneca, the makers of Seroquel, have been promoting the drug for off-label use for symptoms not approved or sanctioned by the US Food and Drug Adminis...
  • Zyprexa: In the Drug Business, the Gain is Worth the Risk
    Oct-26-07 Indianapolis, IN Eli Lilly knew that there were problems with Zyprexa from the very beginning. But even amidst a flurry of personal injury lawsuits, and the revelation of risk factors for diabetes and other metabolic complications, Zyprexa has grown to become a huge profit center for its manufacturer. And while one hand warns of dire side effects, t...
  • Storm Water Pollution, Dutton-Lainson Co. pays $50,000 for environmental damages
    Hastings, NE: (Oct-24-07) Attorney General Jon Bruning's office brought a lawsuit against Dutton-Lainson Co. of Hastings, alleging that the facility polluted the environment. The suit claimed that the company violated air temperature requirements outlined in its air quality permits in 2005. As part of a settlement reached, the company agreed to pay $25,000...
  • World Experts Demand End to Child Drugging in the US - Part I
    Oct-25-07 Washington, DC: On October 12, 2007, experts in the field of psychiatry and child development from all over the world arrived in Washington to attend the annual conference of the International Center for the Study of Psychiatry and Psychology. This year's conference focused on one specific goal - to end the mass-prescribing of psychiatric drugs to children...
  • Unlimited Internet, Verizon Wireless pays $150,000 fine and $1 million in reimbursements for deceptive marketing
    Albany, NY: (Oct-23-07) New York Attorney General Andrew Cuomo brought a lawsuit against Verizon Wireless, alleging that the cellular giant engaged in deceptive marketing practices for its unlimited Internet service. In the suit, the company was accused of marketing its wireless Internet plan as unlimited, but then terminated accounts for excessive use...
  • Shareholder Buyout, Leucadia National Corp. pays investors $13.7 million settlement
    Wilmington, DE: (Oct-21-07) A series of shareholder lawsuits were brought against Leucadia National Corp., a holding company with interests in insurance, wine and real estate, regarding the 2005 buyout of the mining firm MK Resources Co. Sources reveal that in June 2005, the company said it would pay 0.0317 of its shares for each MK share, or about $1.27...
  • The Composix Kugel Mesh Recall: Information Lacking
    Oct-22-07 Murray Hill, NJ It has been almost two years since C.R. Bard and subsidiary Davol, in concert with the US Food and Drug Administration (FDA), recalled various models of the Composix Kugel Mesh Patch. And while the plastic 'memory' recoil ring--the primary culprit in patient incident reports--has been strengthened, that doesn't help the thousands of patie...
  • Palladone
    On July 13, 2005, the drug manufacturer of Palladone, Purdue Pharma, agreed to the FDA's request to pull the drug completely from the US market because of possible deaths that may occur when combined with the use of alcohol. Palladone, approved in September 2004 for patients with chronic moderate to severe pain, is a formulation of the controlled...
  • Credit Card Rate Hikes: Devious Practices Online
    Oct-20-07 San Antonio, TX "I always pay my bills online and I have never been late with a payment and never over my limit," says Patricia Frank. "All of a sudden, the Bank of America and Chase Bank raised my interest rates from 7.9% to 22%! They need to put this information online if they are going to raise your rates--they are very devious." This is clearly another...
  • Unfair Insurance: Policies Cancelled, Rates Doubled, Homeowners Abandoned
    Oct-18-07 Eastham, MA Despite the fact that insurance companies continue to rake in record profits, homeowners by the thousands are seeing their policies cancelled or given the thumbs-down at renewal time, as their carriers try to limit future liability. They can't afford another $40 billion hit like that of Katrina, the carriers say. And so, over the past...
  • Possible Definity and Optison Heart Damage Lawsuit
    The FDA has received reports of deaths and serious cardiopulmonary reactions following the administration of ultrasound micro-bubble contrast agents used in echocardiography. Four of the 11 reported deaths were caused by cardiac arrest occurring either during infusion or within 30 minutes following the administration of the contrast agent; most of the seriou...
  • SUV Rollover: A Tragic End for a Young Woman
    Oct-17-07 Washington, DC Laura Lynam, aged 17, was in the passenger seat of an SUV when it rolled over. The roof crushed like a tin can and the airbags didn't deploy—Laura was killed instantly. Tragic incidents like this make you wonder how vehicles are tested for car crashworthiness . At 9.30 am on October 17, 2004 seven teenagers, including Laura, piled...
  • Facebook Child Protection, Online social networking company agrees to safety probe settlement
    San Francisco, CA: (Oct-15-07) The New York State Attorney General Andrew Cuomo brought charges against Facebook Inc., over a child safety probe targeting the fast growing social network site. Cuomo stated that he had subpoenaed Facebook in September 2007, seeking to learn what more the social networking site could do to protect young users from sexual pre...
  • PPH and Fen Phen: Not Too Late to Join a Lawsuit
    Oct-13-07 Trenton, NJ Because the [ Fen Phen ] diet craze occurred over 10 years ago, many people who have recently been diagnosed with Primary Pulmonary Hypertension (known as PPH ) may believe the statute of limitations has run out on filing a lawsuit. However, this is not the case. People are still being diagnosed with PPH and they are still able to join a law...
  • Stolen Phones, AT&T pays California state fine for unlawfully charging customers for unauthorized calls
    Sacramento, CA: (Oct-10-07) The California attorney general's office brought charges against AT&T's cellular phone business, alleging that the company charged customers for calls made from lost or stolen phones. The suit was filed after several customers complained, alleging that they were charged thousands of dollars for calls made on cell phones that wer...
  • Unethical Insurer, Insurer HealthMarkets pays settlement for policy coverage
    New York, NY: (Oct-10-07) The Massachusetts attorney general's office brought charges against Insurer HealthMarkets, alleging that an investigation revealed that the insurer engaged in unethical business practices in Delaware. The company, which covers 650,000 people in 44 states, has long been a focus of regulators, often about questions of whether its ag...
  • Allianz Annuities, Allianz Life Insurance Company pays $500,000 fine and refunds annuities sold to seniors
    Minneapolis, MN: (Oct-08-07) Minnesota Attorney General Lori Swanson brought a lawsuit against Allianz Life Insurance Company of North America, alleging that the insurer used misleading marketing tactics while selling annuities. The suit, filed in January 2007, claimed that Allianz sold unsuitable financial products to senior citizens. In a settlemen...
  • Defective Auto Parts, Valeo pays Delphi $4 million settlement
    New York, NY: (Oct-08-07) Delphi Corp. brought a lawsuit against French auto parts maker Valeo SA, alleging that it sold Delphi defective parts. The suit, filed in a Michigan court in 2005, claimed that Valeo sold Delphi electrical switches that were defective. Delphi, based in Troy, Michigan, is the largest supplier to General Motors and has been in bankr...
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