Category Archives: Life Settlements

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New York Property Owners Challenge Binghamton Fracking Ban

According to a Reuters report, the landowners believe the Binghamton, N.Y., city council and Mayor acted against proper protocol when voting to ban fracking drilling the the city. Instead, they feel the city should have consulted with the Broome County Planning Commission before approving the ban.

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Sleep Aids Can Increase Alzheimer’s Risk

A new study has found that over-the-counter sleeping aids and anti-allergy medicines can increase the risk of Alzheimer’s disease.

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Trial over Ethicon Transvaginal Mesh Begins in California

Pelvic mesh devices have become the subject of safety concerns in recent years amidst reports that they can cause serious, sometimes permanent injuries.

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Two Men Found Dead of Carbon Monoxide Poisoning

Two Men Found Dead of Carbon Monoxide Poisoning at Long Island, New York Auto Shop

Two men were found dead of apparent carbon monoxide poisoning in a Holbrook, New York, auto-detailing shop Thursday night, Suffolk County police say.

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Three Injured, Long Island Railroad Train Hits Car on Tracks

Three Injured When Long Island Railroad Train Hits Car on Tracks

Three people, including a train engineer, were injured on Wednesday when a Long Island Rail Road train hit a livery cab on the tracks west of Wyandanch station, LIRR officials said. LIRR spokesman Salvatore Arena said the driver of the Lincoln Town Car was taken to Good Samaritan Hospital Medical Center ...

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Exploding Tanks Kill Jeep Drivers 18 months after Recall

Exploding Gas Tanks Continue to Kill Jeep Drivers 18 months after Recall

Chrysler recalled Jeeps with exploding gas tanks more than 18 months ago, but 1 million+ of these vehicles have not been fixed as the death toll continues to rise.

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Stryker Issues Voluntary Recall for Rejuvenate Modular and ABG II Hip Implant Components

Stryker Orthopedics is recalling two metal-on-metal hip implant components, its Rejuvenate Modular and ABG II modular-neck hip stems. According to a notice posted on Stryker’s website, risks associated with the Rejuvenate Modular and ABG II modular-neck hip stems include the potential for fretting and/or corrosion at or about ...

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Tentative Ohio Fracking Regulations Criticized as too Lax

Lawmakers in Ohio have tentatively passed new regulations governing hydraulic fracturing (fracking) drilling but they’ve immediately been criticized for being too favorable to the natural gas and oil industries.

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Bayer Yaz, Yasmin Blood Clot Lawsuit Settlements Stand at $147 Million

Bayer AG reported yesterday that it continues to settle Yaz and Yasmin birth control pill lawsuits. According to a report from Bloomberg News, the company said in its latest Stockholder Newsletter that it has settled 651 Yaz and Yasmin blood clot lawsuits for a total of $147 million. The average ...

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Hedge Fund Execs Get Long Jail Term In Life Settlements Fraud

In another financial scandal, two hedge fund executives received long jail terms for their parts in a $100 million < "http://www.yourlawyer.com/topics/overview/Life-Settlement-Fraud-Investor-Lawsuit-Lawyer">life-settlement scam, according to the U.S. Justice Department. Adley H. Abdulwahab, 36, a part-owner of A&O Resource Management Ltd. was … Continue reading

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Texas State Securities Board Sues Life Partners over Subpoenas

< "http://www.yourlawyer.com/topics/overview/Life-Partners-Life-Settlement-Lawsuit-Lawyer">Life Partners Holdings, Inc. of Waco, Texas, is taking heat from Texas regulators today for failing to comply with subpoenas issued as part of an investigation into the way it determines valuations for life settlement investments. The Texas State … Continue reading

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SEC Puts Life Partners Holdings on Notice of Possible Civil Action

< "http://www.yourlawyer.com/topics/overview/Life-Partners-Life-Settlement-Lawsuit-Lawyer">Life Partners Holdings, Inc., a company that markets life settlements, said last week it could be named in a Securities and Exchange Commission (SEC) civil action over some of its marketing practices. We reported in January that Life Partners … Continue reading

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Life Partners Holdings Named in Shareholder Lawsuits in Wake of Life Settlements Woes

< "http://www.yourlawyer.com/topics/overview/Life-Partners-Life-Settlement-Lawsuit-Lawyer">Life Partners Holdings, Inc., the life settlements firm already facing a storm of criticism and a Securities & Exchange Commission (SEC) probe over the way it marketed investments, is now the subject of two lawsuits. Both shareholder lawsuits, filed … Continue reading

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Secondary Life Insurance Policy Market Coming Under Scrutiny

Older people who purchased life insurance policies to “flip” on the secondary life insurance market are now filing lawsuits claiming they were misled into paying premiums on policies that ultimately found no buyers. These claimants constitute the other side of … Continue reading

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