6/18/2015 The U.S. Court of Federal Claims ruled that the government acted illegally when it acquired stock during its $85 billion bailout of insurance giant, American International Group (AIG). Although a win for AIG’s former longtime CEO, Maurice R. “Hank” Greenberg, he considers it to be only a moral victory, as Judge Thomas C. Wheeler
Lawsuits & Litigation
6/17/2015 America is a land of wacky museums, including ones honoring Pez dispensers, barbed-wire, and even the Museum of Bad Art in Massachusetts, but there is no law museum despite there being myriads of museums dedicated to similarly significant professions. That is about to change, however, as legendary consumer advocate and not-so-legendary presidential candidate, Ralph
6/17/2015 Four more banks have agreed to settlements in a massive, two-year long ordeal regarding manipulation of the $5.3 trillion currency market. HSBC, Goldman Sachs, Barclays, and BNP Paribas all signed settlement agreements this week. HSBC agreed on a $285 million settlement, Barclays settled for $375 million, Goldman Sachs is finalizing an agreement estimated to
6/17/2015 An attorney’s family filed a wrongful death suit against WMATA, the Washington Metropolitan Area Transit Authority, asking for $25M plus interest and costs. Second only to Remi Walden’s story, this is one of the saddest I’ve covered. According to the lawsuit, on October 19, 2013 Okiemute C. Whiteru, a 35-year old attorney, was traveling
6/17/2015 What do a racecar driver, a comedian and a professional golfer have in common? They’re taking Xarelto, or playing Russian roulette, as I like to call it. A new Xarelto suit claims side effects cause serious injuries. Janssen Research & Development has been sued in federal court for failing to warn of the risks.
6/16/2015 American Airlines makes disabled woman crawl instead of providing her a wheelchair ramp to access her flight. Theresa Purcell, who lives with Charcot-Marie-Tooth’s disease, is confined to a wheelchair. On a recent flight from San Diego to Hawaii, Ms. Purcell asked the gate agent to set up a ramp that would allow her to
6/16/2015 According to allegations in a trial expected to last the next three weeks, Monsanto’s negligence regarding PCBs caused several cases of lymphohematopoietic cancer. Though it has been four decades since the company made polychlorinated byphenyls (PCBs), plaintiffs from all over the U.S. have joined in the suit that was filed in St. Louis County
6/15/2015 A New Yorker named Todd P (another instance of locker room embarrassment) filed suit against Merck & Co. this May after he used Propecia (finasteride) to cure his male pattern baldness and developed erectile dysfunction (ED). There’s a marketing slogan if ever I’ve heard one: Propecia – You too can be hairy but impotent.
6/15/2015 Although the Federal Communications Commission (FCC) has been defeated by the courts twice before in very public fashion over the issue of net neutrality; new rules proposed by the FCC in February quietly went into effect on Friday, June 12th. This comes as a three-judge panel from the D.C. Circuit Appeals Court denied a
New York State Court of Appeals Ruled that a City Pathologist’s Retention of a Deceased Teen’s Brain was not Illegal
6/14/2015 The New York State Court of Appeals ruled that a city pathologist’s retention of a deceased teen’s brain was not illegal. It was a 5-2 ruling and overturned a jury award of $600K to the teen’s family. The case reads like a horror novel. A young man, 17, is killed in an auto accident