Category Archives: Stock Fraud

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Johnson & Johnson Marketing of Gynecare Prolift Transvaginal Mesh Raises More Questions

Johnson & Johnson and its Ethicon unit are again coming under scrutiny for the way it marketed its Gynecare ProLift transvaginal mesh product. According to a new report from Bloomberg News, Johnson & Johnson continued marketing the Gynecare ProLift device for months after it received a warning from the ...

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Bronx Teenager Killed in Hit-and-Run, Second Teen Injured

A Port Jefferson Station man was killed on Wednesday in a single-vehicle crash on the Northern State Pkwy in Dix Hills west of Exit 42. He was driving a Nissan Altima.

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New York Man Claims Biomet Metal-on-Metal Hip Implant Caused Pain, Disability

A New York man claims his metal-on-metal hip implant was defective and required replacement within a year of receiving it. This has left him facing a lifetime of pain, disability, and rising medical costs.

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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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Exposure to Common Pesticide May Increase ADHD Risk

Exposure to Common Pesticide May Increase ADHD Risk

A new study has found that exposure to a common household pesticide may increase the risk of attention deficit hyperactivity disorder (ADHD) in children.

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Actos Whistleblower Lawsuit Questions Avandia Researcher's Financial Ties to Takeda

A prominent researcher has been implicated in an alleged cover-up of Actos side effects, according to a report from TheHeart.org. An Actos whistleblower lawsuit unsealed earlier this year has alleged financial connections between the Cleveland Clinic’s Dr Steven Nissen and the maker of Actos “should be considered when analyzing Actos’s ...

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Pradaxa Named in Most FDA Adverse Event Reports for Deaths, Hemorrhage, Kidney Failure and Stroke

The controversial blood thinner, Pradaxa, surpassed all other drugs monitored by the U.S. Food & Drug Administration (FDA) in adverse event reports made to the agency last year. According to the Institute for Safe Medicine Practices’ (ISMP) latest QuarterWatch report, Pradaxa also topped the list for reports of deaths, ...

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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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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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Geodon the antipsychotic drug can Cause Deadly Skin Reaction

Geodon can Cause Deadly Skin Reaction, FDA Warns

The FDA has required a new warning label for the antipsychotic drug Geodon (ziprasidone) to include the risk of a potentially fatal skin reaction.

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Greek Debt Fix a Bad Deal for Holders of Credit Default Swaps

Holders of credit default swaps on Greek bonds may be out of luck, thanks to the European Union’s plan to resolve the euro region’s sovereign debt crisis. According to a report from Bloomberg News, because the plan is considered voluntary, … Continue reading

Posted in Stock Fraud |

Google Now Faces Two Lawsuits Over AdWord Sales to Illegal Online Pharmacies

Two lawsuits have been filed against < "http://www.yourlawyer.com/topics/overview/Google-Investor-Fraud-Class-Action-Lawsuit">Google, its board of directors and some of its executives, including co-founder and CEO, Larry Page and the chairman, Eric Schmidt of breach of fiduciary duties by enabling illegal import of prescription medications. … Continue reading

Posted in Google Shareholder Lawsuit, Stock Fraud |

Google CEO Knew About Illegal AdWords Sales, Report Claims

In the wake of Google’s agreement with the Department of Justice (DOJ) to forfeit $500 million for selling internet ads to illegal Canadian Pharmacies through AdWords program, new information is being reported that co-founder and CEO, Larry Page, knew about … Continue reading

Posted in Google Shareholder Lawsuit |

Google Investor Files Derivative Lawsuit over AdWords Settlement

A Google shareholder has filed suit against the company over last week’s $500 million settlement with the U.S. Department of Justice (DOJ). According to a report on Bloomberg.com, the < "http://www.yourlawyer.com/topics/overview/Google-Investor-Fraud-Class-Action-Lawsuit">Google shareholder lawsuit claims the company and its officers breached … Continue reading

Posted in Google Shareholder Lawsuit |

Pension Fund Files News Corp. Shareholder Lawsuit Over Hacking Allegations

Amid phone hacking probes, allegations, and legal actions, another lawsuit has been filed against the chairman and CEO of News Corp., K. Rupert Murdoch, and other directors at the media conglomerate. According to Pensions and Investments Online, the Massachusetts Laborers’ … Continue reading

Posted in News Corp. Shareholder Lawsuit |

News Corp. Shareholder Lawsuit Alleges Hacking Scandal Shows “Culture Run Amuck”

A group of News Corp. shareholders are less than pleased with the company thanks to the News of the World hacking scandal, and they’ve taken legal action. Earlier this month, they amended a < "http://www.yourlawyer.com/topics/overview/News-Corp-Shareholder-Investor-Lawsuit-Lawyer">News Corp. shareholder lawsuit to include … Continue reading

Posted in News Corp. Shareholder Lawsuit |

David Lerner Associates Named in New Investor Class Action Lawsuit

Long Island brokerage < "http://www.yourlawyer.com/topics/overview/Apple-REIT-Tens-10-Securities-Investment-Fraud-Lawsuit-Finra-David-Lerner-Associates">David Lerner Associates has been named in a class action lawsuit by investors who claim it misstated the business model of more than $6.8 billion worth of investments known as Apple Real Estate Investment Trusts (REITs). … Continue reading

Posted in Stock Fraud |

David Lerner Associates Faces Disciplinary Action over Sale of Apple REITs

David Lerner Associates, a Syosset, N.Y. based brokerage firm, is facing a disciplinary action by the Financial Industry Regulatory Authority (Finra). According to a report from Bloomberg News, Finra alleges that David Lerner Associates sold non-tradable real estate investment trusts, … Continue reading

Posted in Stock Fraud |

SEC Grants Final Approval To Whistleblower Rules

Under new Securities and Exchange Commission (SEC) approval, securities fraud whistleblowers could potentially earn millions of dollars in payouts, said the LA times. A whistleblower is an employee, former employee, or member of an organization, especially a business or government … Continue reading

Posted in Stock Fraud, Whistleblower |

Trading of Gerova Financial Shares Halted by NYSE

Last Wednesday, the New York Stock Exchange (NYSE) announced that it had elected to halt trading in shares of < "http://www.yourlawyer.com/topics/overview/Gerova-Financial-Group-Securities-Fraud-Lawsuit-Lawyer">Gerova Financial Group, Ltd. pending disclosure of additional information relative to its operations, management restructuring and business plans. The NYSE … Continue reading

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