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  • Amvac Chemical Corp. Field Workers Sterility Settlement
    Los Angeles, CA: (Apr-16-07) Thirteen Nicaraguan field workers filed suit against Amvac Chemical Corp., a Southern California chemical company, alleging that one of the pesticides the firm used caused them to become sterile. The suit also mentioned Dow Chemical Co. and Dole Fruit Co. as defendants. In a settlement reached, Amvac agreed to pay $300,000 to t...
  • Consumer Investment Scam: This Could Happen to You
    Apr-19-07 Miami, FL: At 68 and 75 respectively, Janis and Victor Noland should be enjoying their retirement in the sun-kissed Gulf Coast of Southwest Florida, They had done, they thought, everything right. They worked hard, saved their money, then abandoned Ohio for the warm embrace of the sunshine state, building their dream house on the water in the community o...
  • Edward G. Mawhinney Loan Scheme Settlement
    Boyertown, PA: (Apr-11-07) National Penn filed a civil lawsuit against Edward G. Mawhinney, a former loan officer with National Penn's private banking division in Philadelphia in January 2005, after they discovered that the Sewell, NJ, resident was stealing money from National Penn Bank through a fraudulent loan scheme. It was discovered that Mawhinney, hi...
  • Supreme Court Hands Down Ruling in California Overtime Lawsuit
    Apr-18-07 Los Angeles, CA: The Los Angeles Times (April 17, 2007) reports that the California Supreme Court handed down a ruling that triples the amount of back pay that employees can seek if they were forced to work through their breaks . The decision affects many people who are considered managers or assistant managers but generally spend less than half their tim...
  • J&J Concealed Dangers of Ortho Evra Birth Control Patch
    Apr-16-07 Washington, DC: Tens of millions of prescriptions have been written for Johnson & Johnson's Ortho Evra birth control patch since it arrived on the market in 2002, and medical experts say the patch has harmed thousands of young women of childbearing age. In September 2006, the FDA warned that use of the patch, made by the Ortho-McNeil division of J&J,...
  • Patients Diagnosed Schizophrenic and Bipolar to boost Seroquel Sales
    Apr-11-07 Washington, DC: For over a decade, drug makers have been influencing doctors to diagnose patients, especially those covered by public health care programs like Medicare and Medicaid, with mental illnesses to justify the over-prescribing of the new class of drugs known as "atypical" antipsychotics. For instance, Seroquel , marketed by AstraZeneca, is on...
  • Credit Cards: The Hidden Costs
    Apr-10-07 Washington, DC: Credit cards: They're convenient to use and easy to get. They also have the power to land you in financial ruin and your spending habits aren't entirely to blame. The problem is that card issuers have been ramping up fees and charges - in many cases without even telling you. The end result is that table lamp you bought with plastic sud...
  • Consumer Credit Information Protection: Not All Companies Follow the Rules
    Apr-7-07 Fort Worth, TX: Two high profile incidents in which consumer personal information was made vulnerable have highlighted the importance of companies following rules designed to protect consumer credit information. When companies do not follow those rules consumers are at risk of becoming victims of identity theft. Texas Attorney General Greg Abbott has...
  • Crusading Lawyer Demands Congressional Action against Long-Term- Care Insurers
    Apr-5-07 Chicago, IL: Imagine being in your 70's and 80's and having your health fail to the extent that you need expensive long-term care in a special facility. But you take some consolation in the fact that you've been paying long-term-care insurance premiums for a number of years. At least you and your family won't be burdened with tens of thousands of dollars...
  • Unreasonable Credit Card Rate Hikes
    Apr-2-07 San Bernardino, CA: Customers of major credit card companies are becoming increasingly frustrated with unreasonable company practices that result in high fees, rate hikes, and increased debt for the consumer. Now, some people are starting to take action against the credit card companies. Those actions include activities as widespread as a class acti...
  • Doctors Ignore Black Box Warnings On SSRIs
    Apr-2-07 Washington, DC: The FDA has issued numerous public health advisories and black box warnings over the past several years about the increased risk of suicidality associated with selective serotonin reuptake inhibitor antidepressants, but many doctors ignore them. In October 2004, the FDA added a black box warning about an increased risk of suicidality i...
  • Beacon Rock Capital Market Timing Fraud Fine
    Portland, OR: (Mar-27-07) A lawsuit filed by the US Attorney's Office in Philadelphia against Portland-based Beacon Rock, accused the hedge fund of market-timing. The suit alleged that Beacon Rock made 26,000 market-timing trades, profiting $2.4 million. While not illegal, market-timing trades, which are rapid trades to buy and sell shares of mutual funds,...
  • Another ReNu Lens Solution Product Recalled
    Mar-30-07 Chicago, IL: Following the recall of ReNu with MoistureLoc , Bausch & Lomb has announced it is recalling certain lots of ReNu MultiPlus contact lens solution. The company decided to recall the product after receiving reports of discolored lens solution. The ReNu MultiPlus lots are being recalled because they contained a high level of trace iron that co...
  • Ernst & Young LLP Auditor Independence SEC Fine
    Washington, DC: (Mar-26-07) The US Securities and Exchange Commission filed charges against accounting firm Ernst & Young LLP, accusing it of compromising its independence and contributing to faulty accounting by its clients. The suit alleged that Ernst & Young provided faulty and inaccurate audit work for Pittsburgh-based PNC Financial Services Group, a l...
  • G.A.B. Robbins North America Inc. School Fire Settlement
    Wasatch County, UT: (Mar-23-07) A six-alarm fire destroyed and burned Wasatch Junior High School to the ground on July, 11, 2005. Over 850 displaced students have since attended Churchill Junior High. In a settlement reached with G.A.B. Robbins North America Inc., a leading provider of global risk management services, G.A.B. Robbins agreed to pay $15.9 mi...
  • Centier Bank Products and Services Racial Discrimination Settlement
    Gary, IN: (Mar-21-07) The Justice department filed a lawsuit against Merrillville-based Centier Bank, alleging the bank was guilty of racial discrimination and violations of the Fair Housing Act and Equal Credit Opportunity Act by unlawfully failing to equally market and provide products and services to predominantly black and Hispanic neighborhoods in Gar...
  • Bank of America Corp. Analyst Report and Research Fraud Settlement
    Charlotte, NC: (Mar-14-07) A lawsuit filed by the Securities and Exchange Commission against Bank of America Corp.'s securities unit, accused it of failing to safeguard forthcoming analyst reports and issuing fraudulent research. Investigations showed that Bank of America Securities' internal controls worked improperly and that sales people and traders wou...
  • State Farm Car Insurance: California Overcharges
    Mar-12-07 Los Angeles, CA: According to consumeraffairs.com, the consensus regarding State Farm Mutual Automobile Insurance Company is that it may be a good company, just as long as you never have an accident. And you don't live in California. State Farm has been charging an inappropriate insurance surcharge to its California policy holders from 1997 to 2002...
  • Primary Pulmonary Hypertension (PPH) - Some Hope for Transplant Patients
    Mar-10-07 Boston, MA People who took the diet drug Fen-Phen before it was removed from the market may still be at risk of developing Primary Pulmonary Hypertension (PPH) even though Fen-Phen was removed from the market ten years ago. However, there may be some hope for patients with primary pulmonary hypertension in the form of a fake lung which was recently use...
  • Boy Scouts of America Wildfire Settlement
    Salt Lake City, UT: (Mar-07-07) The state of Utah filed a lawsuit against the local chapter of the Boy Scouts of America over a wildfire that burned 14,200 acres of land near a campsite. The state alleged in its lawsuit that the wildfire started at a campsite where 17 Scouts, ages 12 to 14, were working on a wilderness-survival badge in the Uinta Mountains...
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