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  • Victims Targeted in Identity Theft
    Apr-27-11 Atlanta, GA If you thought identity theft was just for small-time criminals looking to make a little money, you might want to think again. Identity theft fraud can make thieves millions of dollars, making identity theft scams worth their while. Some people involved in ID theft can rack up millions of dollars in fraudulent transactions, not only benefit...
  • Drilling Mud Engineer Didn't Live to See His Day in Court
    Apr-9-11 Brazoria County, TX Anyone witnessing the attempts last year to close off the leaking BP pipeline that spewed millions of gallons of crude into the Gulf of Mexico became instantly familiar with terms such as "drilling mud." However, only those individuals who have direct experience with drilling mud , cement and drilling lubricants used in the oil drill...
  • Hydraulic Fracturing FAQ
    What is fracking ? Fracking, also known as hydraulic fracking or hydro-fracking, is a form of natural gas extraction by deep well drilling. How does fracking work? A pressurized mix of water and chemicals is injected deep underground, either vertically, horizontally or directionally (slanting), to create or widen fissures in shale rock form...
  • Hydraulic Fracturing, Fracking Contamination, Hydrofracking, EPA Hydraulic Fracking
    After recent EPA hydraulic fracking reports, hydraulic fracturing water contamination has given rise to fracking contamination lawsuits. Hydraulic fracturing contamination has possible cancer links: environmentalists and the public are concerned that fracking chemicals from hydrofracking can compromise the quality of drinking water from wells locat...
  • Recipe for Fracking Soup Is a Mystery
    Mar-7-11 Glenwood Springs, CO Anyone watching the Oscars on February 27 may have missed the significance of Gasland , an Oscar-nominated documentary about the process of fracking and the impact the process allegedly has on grown water supplies. Most attention is focused on the winners, not the nominees. However, individuals whose water taps can instantly be tu...
  • Settlement Reached in Wells Fargo & Wachovia Gender Discrimination Class Action
    New York, NY: A settlement has been reached in a class action lawsuit against Wells Fargo Advisors, LLC, Wells Fargo & Co., Wachovia Securities, LLC, a wholly owned subsidiary of Wells Fargo & Co., and Wachovia Corporation ("Wachovia") (collectively "Wells Fargo"or "Defendants") in the United States District Court for the District of Columbia (styled Evely...
  • Upstate New York Community Launches Fracking Suit
    Feb-25-11 New York, NY: Nine families from the town of Horseheads in Upstate New York have launched a massive class-action suit against the Anschutz Exploration Corporation and its subcontractors alleging that a hydraulic fracturing operation to extract natural gas destroyed their property values and contaminated their drinking water. Hydraulic fracturing (kn...
  • BofA Settles Overdraft Lawsuit for $410 Million
    New York, NY: A federal lawsuit alleging that Bank of America (BofA) charged excessive overdraft fees has been settled. The court has granted approval to the class action lawsuit, Checking Account Overdraft Litigation, 1:09-MD-02036-JLK. Settlement class members will receive checks. BofA, the largest bank in the US, reportedly stated in a court f...
  • Attorney Chases Justice in Foreclosure Crisis
    Feb-3-11 Philadelphia, PA Got to hand it to attorney John Narkin. He's got this foreclosure crisis thing figured out—well, near as anyone can figure it out. The 113-page class-action suit on behalf of distressed homeowners filed by Narkin's firm, BHN Law in Philly, lays out the whole sorry story in amazing detail, complete with links to video clips. ...
  • Train Car Lands on Sidewalk After Train Derailment
    Dec-21-10 Roanoke, VA It's a miracle no one was hurt or killed in the December 15 train crash . It was 7:40 pm on a Sunday evening when a 66-car train loaded with new vehicles partially derailed in an area of tracks that bisect the Roanoke tourism and business district. Media reports indicate a fence along Norfolk Avenue was flattened, and one derailed car wound...
  • Lawsuit Filed Following Tragic Helicopter Crash
    Dec-16-10 District Heights, MD A lawsuit has been filed following a 2008 helicopter crash in which four people died. Two other lawsuits have also been filed against the Federal Aviation Administration (FAA) related to that helicopter accident. The 2008 helicopter crash involved a Maryland State Police helicopter. One person survived the crash. That person, Jo...
  • Class-action Lawsuit Filed Against FirstMerit Over Bank Overdraft Fees
    Dec-15-10 Akron, OH A recently filed class-action lawsuit accuses Akron, Ohio-based FirstMerit of "unfairly manipulating" the order of customer transactions, which resulted in excessive overdraft fees , the Cleveland Plain-Dealer reports. FirstMerit is the latest bank to face legal issues as a result of the excessive overdraft fees . According to the news...
  • Wells Fargo Settles New Jersey State Investigation into Pick-a-Payment Mortgages
    New York, NY: Wells Fargo Home Mortgage has reached a settlement of a state investigation into whether mortgages sold by Wachovia Corp., Golden West and World Savings, which were bought by Wells Fargo in 2008, violated the Consumer Fraud Act. They were sold as 'Pick-a-Payment' mortgages and had low monthly payment options. The investigation alleg...
  • Chasing Demons: "Securities Fraud Is Still Happening"
    Sep-20-10 Sante Fe, NM Securities fraud seems to have dropped from the headlines, and Bernie Madoff is in safely locked up far from other peoples' money. But make no mistake, says Louis Straney, a super expert on fraud detection, litigation, prevention and control of financial misconduct—there is a never-ending stream of heartless pretenders intent on stealing you...
  • FAA Proposed $24.2M Fine Against American Airlines
    Washington, DC: The Federal Aviation Authority has proposed a $24.2 civil penalty against American Airlines, related to the April 2008 grounding of some 300 American planes, a move that led to 3,000 canceled flights in one week. The proposed penalty is the largest in the FAA's history. As part of its investigation, the FAA said it determined that...
  • Wells Fargo Ordered to Repay $200 Million in Excessive Bank Fees
    Aug-24-10 Loveland, CO A landmark decision in California paints a revealing picture of excessive bank overdraft fees and just what some major banks are up to in an alleged effort to keep the cash flow from unsuspecting consumers. At issue is the common practice of altering the order of debits as they come into a bank, allowing the bank to pay (on behalf of t...
  • Wells Fargo's "Neat Tricks" Took Millions from Customers
    Aug-14-10 San Francisco, CA American consumers have won a halleluiah verdict in a bank overdraft charge class action suit against Wells Fargo. A California judge has ordered the megabank to pay class members a total of $203 million in restitution and the phone at the law offices of Lieff, Cabraser, Heimann & Bernstein has not stopped ringing since. "You c...
  • New Excessive Overdraft Fee Protection Laws to Cost Wells Fargo $500 Million
    Aug-12-10 San Francisco, CA Wells Fargo, one of the nation's largest banks, recently said that it will lose $500 million in the second half of the year due to new laws that protect consumers from excessive overdraft fees . One of the provisions in the recently passed Dodd-Frank Wall Street Reform and Consumer Protection Act is a recommendation from the Federal...
  • Massive Securities Fraud and Ponzi Scheme Are Alleged in Florida
    Aug-10-10 Hialeah, FL A massive securities fraud that has been described in terms ranging from stock investment fraud to a mushrooming Ponzi scheme has been uncovered in the Sunshine State, according to the August 9th edition of the Miami Herald . Luis Felipe Perez was indicted last week on federal charges, accused of conspiring with two others in a scheme to f...
  • Tests to Begin on Leaking Well in BP Oil Spill
    Jul-19-10 New Orleans, LA BP, the company responsible for the Gulf of Mexico oil spill , plans to test the leaking oil well to determine whether it can be sealed off. A twice-delayed pressure test on the leaking well will be conducted shortly, according to Bloomberg BusinessWeek. The test will allow BP to determine if the containment cap on the well can be sea...
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