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  • American Equity Investment Life Settles Class Action
    A class action suit in Kentucky against American Equity Investment Life Insurance has been settled in state court. The settlement could be paid to as many as 24,000 older customers who were part of a 'living trust mill.' This is when elderly customers are persuaded by marketers for living trusts to buy living trusts as a way to avoid probate and reduce esta...
  • Lawyer Scott Summy and Landmark Water Contamination Case
    Jul-22-08 Dallas, TX: One Saturday morning, back in the 1990s, attorney Scott Summy found himself standing in front of a crowd of hundreds of people at a trailer park in Wilmington, North Carolina. Their drinking water had been contaminated with a chemical called Methyl Tertiary Butyl Ether, or MTBE. Their water smelled and tasted like turpentine, they told Summy, a...
  • BP Settles More Claims From Texas Refinery Explosion
    BP, the second largest oil company in Europe, has settled claims with four workers who sustained injuries ranging from post traumatic stress disorder to limb and back injuries. The blast occurred in March 2005, killing 15 people, and injuring hundreds. To-date BP has settled nearly 4000 injury and property damage claims arising from the accident. In thi...
  • FDA Reaches Settlement with California Hearing Device Maker
    The U.S. Food and Drug Administration (FDA) has reached a settlement with California hearing device manufacturer Advanced Bionics LLC and its president and CEO Jeffrey Greiner over alleged violations of federal law. The alleged violations involved the failure to notify the FDA of a change of outside supplier or vendor, which may have exposed patients to unne...
  • Glenn E. Solomon: Patients and Health Providers in it Together
    Jul-18-08 Los Angeles, CA Attorney Glenn E. Solomon sees litigating for health care providers as currently one of the most interesting areas in the practice of law. "It is just a very exciting, growing area. It is changing all the time, and it is an important issue with all levels of government," says Solomon. A graduate of the Harvard School of Law, Solomon has...
  • Invention Promoters Will Pay $10 Million to Settle FTC Charges
    The owners of an invention promotion operation have agreed to pay $10 million in consumer redress to settle Federal Trade Commission charges that they deceived consumers across the country. The settlement includes a cash payment of $6.9 million, plus other property valued at $3.1 million. According to the FTC, the defendants charged up to $12,000 to evalu...
  • Hedge Funds Mortgage Fraud
    Around 400 people across the US have been charged in Operation Malicious Mortgage, a crackdown on mortgage fraud. Victims are believed to have lost more than $1 billion to fraudulent activity, including cheating lenders and swindling people facing foreclosure. Hedge Fund Mortgage Fraud New York, NY: The government has unsealed...
  • Louisiana-Pacific Settles for $44.5 million
    Louisiana-Pacific Corporation announced that it has reached settlement agreements in the OSB antitrust litigation in order to limit the risks and costs associated with at least two lengthy jury trials. The company denies that it violated any U.S. antitrust law or any other law. Under the terms of the settlement agreement with the certified class of dire...
  • W.R. Grace Facing 110,000 Asbestos Lawsuits
    Jul-16-08 Libby, MN A company facing a reported 110,000 lawsuits for sickening thousands of people and contributing to the deaths of 225 by exposing them to deadly asbestos —allegedly with full knowledge—will now face a criminal trial brought by the US government. W.R. Grace & Co. filed for bankruptcy protection in 2001, and just this past spring agreed to...
  • Ortho Biotech and Amgen settle antitrust litigation
    Amgen has reached an agreement to settle its outstanding antitrust litigation with Ortho Biotech Products. Under terms of the agreement, Amgen will pay Ortho Biotech $200 million and the pending litigation in New Jersey District Court will be dismissed with prejudice. Amgen continues to deny that its challenged conduct was unlawful, and admits to no wr...
  • David Drexler: Clients for Life–Big City Lawyer with a Small Town Approach
    Jul-10-08 Los Angeles, CA David Drexler has won tens of millions of dollars in settlements and verdicts for clients over the last 30 years or so, but that is not the most fascinating part of his law practice. It's the way he runs his law firm that sets Drexler apart from everyone else. He refers to it as his 'client for life' philosophy. "I have clients, Rosa...
  • Meeting Notification for US Auto Parts Class Action Settlement
    A Notification entitled "Meeting Notification for US Auto Parts Class Action Settlement" was posted on this site on July 7, 2008. The notification (of a hearing, not a meeting) correctly stated: "A hearing will be held regarding US Auto Parts Common Stock and a $10 million class action settlement, on September 29, 2008, at 8:30 a.m., before the Honorable Geo...
  • Interview with Attorney Alan Crone on Overtime
    Jul-8-08 Memphis, TN Attorney Alan Crone is senior partner of the Memphis-based Crone & Mason PL. This is a law firm that prizes teamwork to tackle complex relationship cases, whether they surface in business to business, family and/or employment law. In this interview, Crone helps navigate the intricacies of overtime law. Crone has no trouble finding clients...
  • Amstan Truck Driver accident Settlement
    A settlement of $4.8 million was reached in a claim filed on behalf of Karrie Lee arising from a collision with a tractor trailer in Ebensburg, Pennsylvania. Karrie was hit broadside by an Amstan truck which was speeding and ran a red light. Karrie suffered multiple injuries including an open depressed skull fracture and was in a coma for 9 days. The c...
  • Iowa Settles with Two More TouchPlay Lottery Investors
    The state of Iowa has settled with Greater American Distributing Inc, and Nebraska Technical Services Inc, regarding suits they brought against the state when it banned video lottery machines in 2006. The companies are just two of many suing the state becasue it banned video lottery machines in the state lottery TouchPlay program in 2006. The settlement...
  • The Roman Catholic Archdiocese of St. Louis reached a financial settlement
    The Roman Catholic Archdiocese of St. Louis Reaches a Financial Settlement Six men who brought lawsuits against the Roman Catholic Archdiocese of St. Louis for sexual abuse will receive $312,500 with each receiving a settlement of between $90,000 and $20,000. The men claimed that they were sexually molested by five priests in the diocese during...
  • California Overtime: Company Didn't Do Lunch
    Jul-7-08 Sacramento, CA: Diane had been working 10 years for an inventory company when she received a memo about mandatory lunch breaks. "Every employee was told that anytime we were going over 5.5 hours, we were required to have lunch," she says. According to California overtime laws, Diane and her co-workers are entitled to overtime compensation—a lot. Di...
  • Asbestos Mesothelioma: All in the Wash?
    Jul-7-08 Washington, NC Evie's husband was first diagnosed with bronchitis in 1986: he died four years later from mesothelioma . They received a small settlement but Evie and her son both have lung-related illnesses and they are worried—were they exposed to asbestos fibers from her husband's clothing? "My husband Bart worked in the shipyards as a sheet me...
  • Coca-Cola Co. has agreed to pay $137.5 million to settle a securities lawsuit claiming the company artificially inflated sales to boost its stock price
    Coca-Cola Co. has agreed to pay $137.5 million to settle a securities lawsuit claiming the company artificially inflated sales to boost its stock price. The lawsuit was filed in 2000 and claimed that four former executives had forced bottlers to purchase millions of dollars of unnecessary beverage concentrate in order to artificially boost sales. ...
  • Shanin Specter: I Want to Win Because the Cause is Just
    Jul-7-08 Thorough and relentless, Personal Injury lawyer Shanin Specter is a defendant's worst nightmare. Over his 24-year career, Specter has represented and won dozens of multi-million dollar verdicts for catastrophically injured people, many of them for record-breaking amounts, including nine settlements in the range of eight or nine figures. A serious and...
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