Category Archives: Stock Fraud

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DeflateGate’s Effects Impact Legal Gambling and the Economy

DeflateGate’s Effects Impact Legal Gambling and the Economy

The NFL has initiated a probe into the New England Patriots following allegations that the team intentionally used overly deflated footballs.

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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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Smith & Nephew Says Metal-on-Metal Hip Replacement Controversy Slowing Sales of Birmingham Hip Resurfacing System

Medical device maker Smith & Nephew has reported a drop in sales of its metal-on-metal hip implant devices. According to the company, hip implant sales were down 2 percent during the first quarter of 2012, largely because its Birmingham Hip Resurfacing System suffered from an association with other metal-on-metal hip ...

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British Health Agency Strengthens Warnings about Valproate

British Health Agency Strengthens Warnings about Valproate Risk in Pregnancy

Statement issued urging healthcare professionals to give women information on birth defects when Depakote and other valproate medicines are used during pregnancy.

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Post -Tonsillectomy Morphine Life-Threatening in Children

Post -Tonsillectomy Morphine can be Life-Threatening in Children, Study Finds

A new study published in Pediatrics suggests that morphine can result in life-threatening respiratory problems when given to children after a tonsillectomy.

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Hip Replacement, Knee Implant Patients with Diabetes, Other Health Problems May Face Difficult Recoveries

Patients receiving hip replacement devices or knee implants may face a more complicated recovery if they are obese, or suffer from diabetes or other health woes. According to a new study published online in the journal Anesthesiology, at least 3% of all total hip or knee replacement patients will ...

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MTA Bus Crash and Two Cars Injures 23 at Utica Ave. & Clarendon Rd

Crash Involving MTA Bus and Two Cars Injures 23

Police are investigating an accident in Brooklyn on Wednesday afternoon that injured 23 people, 3 of them critically, when a car was knocked into the path of an MTA bus.

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New York City Council Calls for Zadroga Act to be Renewed

New York City Council Calls for Zadroga Act to be Renewed

New York City Council members are calling for the Zadroga Act, which provides compensation and medical treatment to 9/11 victims, to be renewed. According to press release issued Jan. 7, a resolution was introduced by Council Member Margaret Chin, Council Speaker Melissa Mark-Viverito and Council Members Paul Vallone and I. ...

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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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Fracking Boom Changing Way of Life in Pennsylvania's Northern Tier

In just a few years, the impact of hydraulic fracturing (fracking) drilling on northeastern Pennsylvania is hard to miss. Thousands of natural gas wells have been opened in that area specifically in the last five years as companies look to exploit the vast Marcellus shale formation about two miles below the ...

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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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