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  • AGE Refining Inc. HUBZone Contract Settlement
    The United States Department of Justice filed a lawsuit against the company for falsely certifying that it was in compliance with the provisions of the Historically Underutilized Business Zone Act of 1997. The program provides federal contracting preferences to small businesses and is administered by the U.S. Small Business Administration. AGE Refining...
  • Banca Popolare Italiana Parmalat Bankruptcy Settlement
    Talk to a local bankruptcy lawyer right away! Parmalat SpA and Banca had filed lawsuits against one another related to the dairy company's corporate fraud scandal collapse in December 2003. Parmalat was seeking money in revocatory claims, which allow a company to recover money paid to creditors shortly before bankruptcy. Under the terms of the settl...
  • Innovative Construction Services Subcontractor Dispute Settlement
    Meadow Valley Corp. filed a lawsuit against its former subcontractor. Innovative Construction Services has agreed to pay Meadow valley a $2.2 million cash settlement. The construction company also agreed to dismiss its claims against Meadow Valley without receiving any payment. The settlement allows Meadow Valley to retain about $2.1 million from its se...
  • Martha Stewart Civil Insider Trading Settlement
    The Securities and Exchange Commission filed civil insider trading charges against the queen of stylish living related to the sale of ImClone Systems Inc. stock in December 2001. Stewart allegedly sold her ImClone shares the day before the FDA announced it had declined to review ImClone's application for its cancer drug Erbitux; the stock fell 16% in th...
  • Ohio State University Medical Center Medical Malpractice Brain Damage Settlement
    At the age of 24, Kerri Swain was admitted to the hospital and was recovering from Guillain-Barre Syndrome, a disorder in which the immune system attacks nerves outside the brain and spinal cord. While in the hospital's care, Swain's brain was damaged; her parents accused her doctors of ignoring signs of respiratory arrest, which cut off oxygen to her b...
  • Cape Forklift Services and Sales CC Personal Injury Settlement
    On February 27, 2001 Jean Paul Ricketts was a passenger in an Isuzu truck and combination trailer when it drove over an embankment onto a rugby field. Ricketts sustained injuries to his head, neck, legs and mouth and was unconscious for weeks after the accident. The 29-year-old motor mechanic filed a personal injury lawsuit against Norman Grey, the owne...
  • Bristol-Myers Squibb Co. BuSpar Antitrust Settlement
    The state of Louisiana filed an antitrust case in New York alleging that Bristol-Myers Squibb engaged in fraudulent conduct and conspired to maintain a monopoly over the sale of BuSpar. The prescription medication company allegedly blocked generic versions of the anti-anxiety drug from entering the market. Bristol-Myers Squibb Co. denied any wrongdoing,...
  • Milan Panic Unwarranted Bonuses Settlement
    Valeant Pharmaceuticals International sued its former chairman for allegedly accepting unwarranted bonuses. In 2002, Panic was forced to resign after taking more than $33 million in bonuses for his role in the spin off of a business division. Panic agreed to pay Valeant a $20 million settlement. As a result of the settlement, shares of Valeant went from...
  • John Charman Divorce Settlement
    Beverley and John Charman were married in 1976 and have two children. In April of 2005, the couple divorced and Beverley filed for damages. John Charman is the President and CEO of Axis Capital Holdings Ltd.; one of the largest insurers in Bermuda. London's High Court awarded John's ex-wife a $90.6 million (£48 million) divorce settlement, equal to 3...
  • Zyprexa Lawsuits - Eli Lilly May Lose Insurance Coverage
    Aug-3-06 In the company's first quarter report for 2006, Eli Lilly says it is having problems with insurance coverage. "We have experienced difficulties in obtaining product liability insurance due to a very restrictive insurance market," the report says, "and therefore will be largely self-insured for future product liability losses." Although Lilly has cover...
  • RenaissanceRe Holdings Ltd. Securities Fraud Settlement
    RenaissanceRe Holdings Ltd. (RenRe) was being investigated by the U.S. Attorney for the Southern District of New York for restating three years of earnings from 2001 to 2003, particularly transactions with reinsurer Inter-Ocean Holdings Inc., which failed to meet accounting standards. RenRe is still under investigation, initiated by its shareholders. Th...
  • Western World Insurance Company Cancellation Discrimination Settlement
    Between January 1, 2002 and May 7, 2004 Western World Insurance Company sent adult family home operators in Washington and Oregon a Notice of Cancellation/Non-Renewal of insurance coverage that made reference to mental illness or a mental illness designation associated with the insured's adult residential care facility license. The Fair Housing Center o...
  • Yankee Gas, City of Derby, Derby Housing Authority and Richard Kastens House Fire Deaths Settlement
    A 25-year-old woman and two of her young children died in a 1991 row house fire in Derby, Connecticut. Ade Jordan managed to escape the burning building but returned to rescue 4-year-old Alicia and 3-year-old Justin. All three died of smoke inhalation. A settlement has been reached in four wrongful death lawsuits and the heirs of Ade Jordan have been aw...
  • Wyndham International Inc. Hotel Surcharges Settlement
    An investigation by the Attorney General, which began in 2001, accused Wyndham International Inc. of improperly imposing undisclosed automatic surcharges at hotels run by the company. The investigation focused on adding charges to guest bills without proper disclosure. Four Florida Wyndham hotels allegedly tagged on automatic hotel charges - such as r...
  • Eli Lilly and Co. under fire for Zyprexa
    Aug-1-06 On July 24, 2006, Mississippi became the fifth state to file a lawsuit against Eli Lilly and Co. for its sales and marketing of Zyprexa (olanzapine). The lawsuit was filed in Lafayette County Circuit Court. According to a special attorney general who is handling the case, the lawsuit was filed to recover money the state of Mississippi spent purchasin...
  • Qwest Communications telecommunications Settlement
    Qwest Communications reached an agreement in 2001 with the State of New Mexico to spend $788 million on the state's telecommunications system over five years. The telecommunications company fell short about $220 million on its agreement and the state Public Regulation Commission (PRC) ordered the company to spend the full amount by March 2006 or refund mo...
  • Medtronic's Medical Device Legal Troubles far from Over
    Jul-31-06 Minneapolis based Medtronic, Inc. is one of the nation's largest medical device makers. In mid-July 2006, the company agreed to pay a $40 million fine to settle charges that its Sofamor Danek division paid kickbacks to doctors to get them to use the company's spinal products, which accounted for 20% of the company's $11.3 billion in sales in 2005. On J...
  • Calaveras County, California discrimination lawsuit dismissed
    A sex discrimination lawsuit against Calaveras County Sheriff Dennis Downum has been dropped. Kenneth Cantamout, a part-time Copperopolis rancher who is gay, alleged that, in 2002, due to his sexual orientation, Downum denied him a volunteer job with the department. Cantamout said he didn't have the time or money to fight a legal battle against Calavera...
  • Advocate Lutheran General Hospital and Dr. George Melnyk wrongful death Settlement
    Three months after the birth of her daughter in 2001, Melanie Stokes was treated for depression by Dr. George Melnyk at Advocate Lutheran General Hospital in Park Ridge. Four days after being released from the hospital, Melanie jumped to her death from the 12th floor window of a hotel room. Her husband filed a wrongful death lawsuit alleging that Melani...
  • New York City wrongful death Settlement
    Ousmane Zongo, 43, a West African immigrant, was shot and killed by NYPD officer Brian Conroy during a raid on a CD piracy ring at a Chelsea Mini-Storage in May, 2003. Zongo, who was unarmed, had been working on African art in another storage unit. Conroy was tried twice for the killing, producing a mistrial on manslaughter charges, a conviction for cri...
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