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  • Daniel Troy - Bush Administration's Preemption Gang - Part II
    Feb-26-08 Washington, DC: In the fall of 2004, Daniel Troy left the FDA armed with the preemption policy he put in place. Now a partner at Sidley Austin Brown & Wood, Mr Troy works for a firm that he told Lily Henning of the Legal Times on September 20, 2005, "represents pretty much almost every company" in the brand-name drug industry. In fact, Sidley Austin i...
  • Governor of New York Adamant About Family Leave
    Feb-24-08 Albany, NY: Governor Spitzer of New York is adamant about his state providing its own family leave provision. Recently, in a State of the State address he warned lawmakers that New Yorkers need protection when they need to take time off to care for loved ones. Governor Spitzer deemed it not fair to expect New Yorkers who work hard for a living to have to...
  • Defective Products vs. The Supreme Court. They Fight, You Lose
    Feb-23-08 Peachtree City, GA On February 21st the US Consumer Product Safety Commission, in concert with Rinnai America Corp, announced a voluntary product safety recall involving the defective product Rinnai EnergySaver Direct-Vent Wall Furnace, due to a potential carbon monoxide hazard. According to the alert a gasket in the furnace, fuelled by either natural...
  • One New York City Employer not Taking Time with Paying Overtime
    Feb-20-08 New York, NY: There has been widespread controversy throughout America over unpaid overtime . Many employers have dodged the overtime bullet for several years labeling employees as salaried. Companies with salaried employees feel the title of "salaried" is a safe haven to skirt paying overtime. They believe salary indicates a certain amount of pay no matt...
  • Asbestos Exposure could have Asthma Symptoms
    Feb-20-08 Cincinnati, OH In the last year, Bob J. developed asthma. His doctor can't explain why or how. "I don't smoke, nothing has changed in my life and nobody in my family has asthma," says Bob. But he was exposed to asbestos in the workplace for many years. "We were young and stupid and didn't know any better." "I talked to my doctor about my exposure to asb...
  • Monetary Misdeeds Alleged Against Morgan Keegan
    Feb-20-08 Memphis, TN: Morgan Keegan stands allegedly accused of monetary misdeeds towards investors who placed money into the Regions Morgan Keegan mutual funds (RMK). Losses for this action are alleged to be ranging up into the millions. However, this alleged misappropriation of funds isn't only affecting investors. It is hitting closer to home by allegedly affe...
  • Chantix Controvery Carries On Over Cigarette and Smoking Cessation
    Feb-20-08 Dallas, TX: The Chantix controversy wages onward as opposing camps have sprouted over the drug's potentially suicidal effects . Some people that have taken Chantix for the express purpose of quitting smoking have allegedly ended up with a problem just as big. Many of those ingesting Chantix to be free of cigarette smoking allegedly find themselves fette...
  • Botox Delivers Bad Results for Some Users
    Feb-20-08 Los Angeles, CA: Botox injections used for the aesthetic purpose of eliminating lines and wrinkles are becoming tied to some sober results from reactions. Some reactions have been serious enough to cause death in users. The announcement was allegedly made by the Food and Drug Administration (FDA). The reactions have born a striking resemblance to thos...
  • Recovery Claim, Florida Insurance Guarantee Association agrees to pay $14 million settlement to Home Solutions of America for construction services
    Dallas, TX: (Feb-16-08) Home Solutions of America, Inc., a provider of restoration, construction and interior services to commercial and residential customers, brought charges against the Vista Royale Condominiums component of the Florida Insurance Guarantee Association's construction recovery claim for $35 million. In a recent development, company offici...
  • ATM Financial Files Bankruptcy Amid Fraud Accusations
    Feb-17-08 Wake County, FL: A Garner Company named ATM Financial, has decided to file for bankruptcy amid last week's accusations that the company committed fraud against one of its clients. The Tuesday bankruptcy filing in Florida's federal bankruptcy court is in an effort for the company to use Chapter 11 bankruptcy to reorganize its debts. In the filing, ATM...
  • House Holds Back Immunity for Telecom Industry as FISA Expires
    Feb-17-08 Washington, DC A three-week long battle has been raging within the U.S. House of Representatives. The battle has been an attempt at implementing amendments for the Foreign Intelligence Surveillance Act (FISA). This would allow the federal government the ability to continue utilizing the telecom companies as a means for allegedly tapping into Americans' ph...
  • Dangerous ATV's Death Toll Keeps Rising
    Feb-16-08 Vancouver, WA It is alleged that more than five hundred people perished on ATV's in 2006. Twenty percent of the people that perished in these unfortunate accidents were children. Amid the ATV deaths, 146,600 people visited hospital emergency rooms due to injuries from the well-known Yamaha Rhino ATV within the same year. The information of the alleged inci...
  • Asbestos: Remove? Or Leave Well Enough Alone?
    Feb-15-08 Washington, DC: There is a myth out there about asbestos. Oh, it's a health hazard all right, and as a known carcinogen it can cause asbestos mesothelioma . However, the popular belief that if you have asbestos in your building you've got to get it out of there, could be flawed. In fact, many experts agree that it is best, provided asbestos is properly...
  • Credit Card Rate Increases Anger Customers
    Feb-15-08 Washington, DC Despite the excellent payment histories of credit card customers, credit card companies are still raising their rates and customers are very angry. Credit card rates have been increasing by as much as 50% for some customers. In January, Bank of America customers received notification that their interest rates would be raising from 13% to 24...
  • Elderly Annuities, American Equity Investment Life Insurance Co. allots $125 million in insurance malpractice refunds
    Des Moines, IA: (Feb-11-08) Minnesota's Attorney General Lori Swanson brought a lawsuit against American Equity Investment Life Insurance Co., a life insurer, alleging that the company sold long-term deferred annuities to senior citizens that weren't suitable for their financial needs. Records show that Swanson also sued another life insurer over alleged d...
  • Bank Conspired with own Customers in Scheme
    Feb-13-08 Lancaster, PA: In a conspiracy that involved the officers, employees, and some customers of Sterling Financial, an internal investigation has uncovered that the fraudulent scheme cost the financial institution $200 million. Also investigating the scheme are the Securities and Exchange Commission as well as the U.S. Attorney's office in one of the biggest b...
  • Apparel Overtime, Yellow Rat Bastard agrees to $1.4 million wage and hour violations settlement
    New York, NY: (Feb-12-08) The New York Attorney General Andrew M. Cuomo brought charges against Yellow Rat Bastard, a trendy apparel retailer based in SoHo, alleging that it had unpaid wages and overtime violations at it facility. Records show that the suit grew out of a lawsuit that Cuomo's predecessor, Eliot Spitzer filed 14 months ago, seeking more than...
  • National City Bank Investigated for Possible ERISA Breach
    Feb-12-08 Cleveland, OH The bank credited with writing the very first mortgage in America has also joined the ranks of those suffering huge losses thanks to the nation's credit crisis. In so doing, National City Bank may have breached its fiduciary duties surrounding prudent management of National City 401(k) retirement Plans. According to provisions contained...
  • Bank of America Subprime Losses: Can 401k Plans Recover?
    Feb-11-08 Charlotte, NC Not only do holders of Bank of America 401(k) plans have a reason to worry, given the falling fortunes of a major player in the banking industry, but according to comments attributed to the Bank's chairman and chief executive, things aren't expected to improve anytime soon. Kenneth D. Lewis has been at the helm of Bank of America since 2...
  • Charges Possible Against Three Firms for Securities Fraud
    Feb-11-08 Washington, DC At least three firms have been notified by the Securities and Exchange Commission that plans are being made for charges to be filed against the firms. This news comes after a 14-month investigation into interest-rate swaps in the municipal market and bid rigging of guaranteed investment contracts. Such notices are expected to be delivered...
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