Category Archives: Stock Fraud

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Pennsylvania Health System Proposes Comprehensive Fracking Study

A proposed study would examine the health effects of hydraulic fracturing (fracking) drilling on the people living closest to active natural gas wells.

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Bleeding Side Effects of Pradaxa, Xarelto Have Some Doctors Concerned

Some heart doctors are raising concerns about a new class of heart drugs that include Pradaxa. Recently, a number of doctors interviewed by Reuters said they were hesitant to prescribe Pradaxa, as well as another blood thinner called Xarelto, because of concerns regarding the risk of stroke, serious bleeding ...

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Medtronic Infuse Lawsuit Alleges Off-Label Use Cause Painful Complications

A man in Louisiana has filed suit against Medtronic Inc. over injuries allegedly cause by off-label use of its Infuse Bone Graft product. The plaintiff, who received Infuse during transforaminal spinal lumbar fusion surgery, claims that the bone growth protein caused unwanted bone growth along his spine, worsening the back ...

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Failing DePuy ASR Hip Implants Sending Hundreds of Australians Back to the OR

Roughly 1,000 people in Australia have had to undergo revision surgeries because of failed DePuy ASR hip implants. According to TheAge.com, DePuy Orthopaedics has heard from more than 4,000 people in Australia and New Zealand seeking help with the recalled metal-on-metal hip replacement devices.

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Pradaxa Associated with more Complications than Warfarin, According to Early Study Findings

Early results from the largest study to date to compare Pradaxa and warfarin indicate that in a real-world setting, Pradaxa causes more complications than decades-old warfarin. The preliminary study results were announced last week, during the 2012 Thrombosis and Hemostasis Summit of North America.

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FDA Urged to Ban Powdered Caffeine

FDA Urged to Ban Powdered Caffeine

Pennsylvania Senator Robert Casey has written to the Food and Drug Administration (FDA) to urge the agency to ban powdered caffeine, a dietary supplement.

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Lawsuit Alleges Bi-Lateral DePuy ASR Hip Implant Resulted in Elevated Chromium and Cobalt Levels, Need for Revision Surgery

DePuy Orthopaedics and its parent, Johnson & Johnson, continue to be named in lawsuits by metal-on-metal hip replacement recipients who suffered severe injuries, including elevated chromium and cobalt levels, allegedly due to recalled ASR hip implant devices. Most recently, the national law firm of Parker Waichman LLP filed suit on ...

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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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Scientist Calls for Federal Regulations for Fracking Pollution

Hydraulic fracturing (fracking) drilling should be governed by federal regulations because its pollution has no awareness of state boundaries.

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Bisphosphonate Study Confirms Atypical Thigh Fracture Risk

New research has confirmed the link between bisphoshonates, such as Fosamax, and atypical femur fractures, a type of thigh fracture that occurs spontaneously, without any major leg injury. The study, published in the Archives of Internal Medicine, also found that the risk of atypical thigh fractures increases the longer a ...

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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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