Category Archives: Stock Fraud

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Crash on N.State Pkwy Kills Port Jefferson Station Man

Single-Car Crash on Northern State Parkway Kills Port Jefferson Station Man

81-year-old Port Jefferson Station man was killed in a crash at 4:57 a.m.. He lost control of the vehicle traveling west on Northern State Pkwy, on exit 42, Dix Hills.

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FDA Questions Device Makers about Duodenoscope Cleaning Procedures

Following Deadly Outbreaks, FDA Questions Device Makers about Duodenoscope Cleaning Procedures

In light of a recent outbreak linked to contaminated duodenoscopes, the U.S. Food and Drug Administration (FDA) is questioning manufacturers about their methods for cleaning the devices, the New York Times reports. The specialized scopes, which have been linked to several outbreaks in recent years, most recently infected seven patients ...

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Tennessee Resident Files Pradaxa Bleeding Lawsuit Following Cerebral Hemorrhage

A man from Tennessee has filed a lawsuit against the maker of Pradaxa, claiming that the blood thinner caused him to suffer a cerebral hemorrhage. The complaint alleges Boehringer Ingelheim Pharmaceuticals, Inc. concealed knowledge that Pradaxa can cause Serious, life-threatening bleeds, and did not warn that Pradaxa bleeding side effects ...

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Research Study Confirms Fracking Cause of Ohio Earthquakes

Research Study Confirms Fracking as Cause of Ohio Earthquakes

Fracking operation near Poland Township, Ohio, activated a previously unknown fault in the, causing 77 earthquakes with magnitudes ranging from 1.0 to 3.0 in March 2014.

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Western Pennsylvania Familes File Suit Over Alleged Fracking Pollution

Three families in western Pennsylvania believe a leading hydraulic fracturing (fracking) company and two water testing labs are conspiring to produce false results that show natural gas drilling is not contaminating their private water wells.

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DePuy ASR Hip Implants, Other Faulty Medical Devices Subject to Little FDA Oversight, Investigation Finds

A newly-published investigation from ProPublica has revealed that several questionable types of medical devices, including DePuy Orthopaedic’s recalled ASR hip implant, managed to make it to market without much scrutiny on the part of the U.S. Food & Drug Administration (FDA).

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FDA Advisors Set to Examine Metal-on-Metal Hip Implant Safety Concerns

Thousands of people with metal-on-metal hip implant devices could soon get some answers from the U.S. Food & Drug Administration (FDA) about the dangers they face. Tomorrow, the agency will convene a panel of outside medical experts to examine the safety record of metal-on-metal hip replacements, and recommend the ...

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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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Former Executives Accuse Health Technology Firm of Fraud

Former Executives Accuse Health Technology Firm of Fraud

Former NantHealth executives claim that the company made fraudulent claims about the reliability of its system, which links patient information gathered by the devices.

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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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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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