Category Archives: Life Settlements

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Canadian Study Finds Actos Raises Bladder Cancer Risk by 22 Percent

Yet another study is confirming the association between the diabetes drug, Actos, and bladder cancer. This latest research, published today in the Canadian Medical Association Journal, found that taking Actos raised the risk of bladder cancer among diabetics by about one-fifth.

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Federal DePuy ASR Hip Implant Trials Likely to Start This Year

It looks as though the first trials in the DePuy ASR hip implant multidistrict litigation could begin sometime later this year. According to a report from Bloomberg News, during a status conference held yesterday in Florida, attorneys for both plaintiffs and the defense told U.S. District Judge David Katz that ...

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Whistleblower Wins Retaliation - Canaveral National Seashore

Whistleblower Wins Retaliation Lawsuit

A whistleblower who reported misconduct at Canaveral National Seashore has won a retaliation ruling against the U.S. Department of Interior, Florida Today reports.

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Lawsuit Alleges Plavix Caused Oklahoma Man to Suffer Multiple Stomach Bleeds

Another lawsuit has been filed over adverse Plavix side effects. The lawsuit, filed by national law firm Parker Waichman LLP, alleges that the blood thinner, Plavix (clopidogrel), caused an Oklahoma man to suffer from multiple stomach bleeds.

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System for Tracking Prescription Drug Side Effects Flawed

Study Finds System for Tracking Prescription Drug Side Effects Flawed

System for keeping track of dangerous side effects of prescription drugs is flawed because drug makers are submitting incomplete information about problems to the FDA.

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Medtronic Plans Layoffs, as Infuse Bone Graft Controversy Continues to Weigh on Spinal Business

Medtronic’s spinal division continues to take a huge hit thanks to the controversy surrounding its Infuse Bone Graft product. According to a report from MassDevice.com, the company’s latest earnings report stated that the division saw Infuse sales decline 26% in the first quarter of 2012, and now Medtronic is talking ...

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Study Finds Metal-on-Metal Hip Implants Associated with High Incidence of Pseudotumors

Yet another study is adding to concerns about the potential dangers associated with metal-on-metal hip implants. The study, published in the Journal of Bone and Joint Surgery, found that large diameter metal-on-metal total hip replacement may be associated with a substantially higher incidence of pseudotumor formation.

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Stryker Metal Hip Implant Component Recall Bad News for Makers of Metal-on-Metal Hip Replacement Devices

Stryker’s recent recall of two metal hip implant components, the Rejuvenate Modular and ABG II modular-neck hip stems, may have dealt a serious blow to one of the key arguments medical device manufacturers have made to defend their metal-on-metal hip replacements. Facing thousands of lawsuits, the makers of ...

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Decision on Pradaxa Bleeding Lawsuit Multidistrict Litigation Expected Soon

Victims of alleged Pradaxa injuries are awaiting word on whether their lawsuits will be consolidated in a multidistrict litigation. According to a report from The Madison Record, so far just over two dozen Pradaxa bleeding lawsuits have been filed in federal courts throughout the U.S.

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FDA Panel Takes up Metal-on-Metal Hip Implant Safety Today

The Food and Drug Administration (FDA) is convening a meeting starting today to help decide the future of metal-on-metal hip implants following high-profile recalls and mounting questions about their overall safety.

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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

Posted in Life Settlements |

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

Posted in Life Settlements |

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

Posted in Life Settlements |

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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