Category Archives: Stock Fraud

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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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Another Metal-on-Metal Hip Replacement Lawsuit Filed in DePuy ASR Hip Implant Litigation

A vital food safety program was saved from budget cuts this week, enabling the country’s largest—although considered by experts to be far too small—produce-safety testing program to continue.

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1,000+ Australians Join DePuy ASR Hip Implant Class Action Lawsuit

A class action lawsuit filed in Australia over DePuy Orthopaedics’ recalled metal-on-metal ASR Hip Implants has signed up more than 1,000 plaintiffs. The attorneys representing the Australian ASR Hip Implant lawsuit plaintiffs recently told The Courier-Mail that damages in the lawsuit are expected to be worth more than $200 million. One ...

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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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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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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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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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Metal-on-Metal Hip Replacement Concerns Grow in Canada

Canadian patients and doctors are voicing more concerns about metal-on-metal hip replacements, as health regulators around the world continue to investigate the safety of the devices. According to a report from the CBC, four companies have recently either recalled or suspended sales of metal-on-metal hip replacement devices, while a number ...

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First DePuy ASR Hip Implant Lawsuits Head to Trial in December, January

The first trials involving lawsuits filed against DePuy Orthopaedics by recipients of its recalled ASR Hip Implants will begin later this year, and early next year. The first is slated to start on December 3, 2012 in state court in Las Vegas, Nevada. A second DePuy ASR hip implant lawsuit ...

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Mortgage Securities Still Being Rubber-Stamped by Ratings Agencies

Ratings agencies, like Standard & Poor’s, are still having issues when it comes to rating complex < "http://www.yourlawyer.com/topics/overview/Mortgage-Backed-Re-Remic-Rating-Agency-Securities-Fraud-Lawyer-Lawsuit-Attorney">mortgage backed securities, according a new ProPublica report. The failure of ratings agencies like Standard & Poor’s to properly rate mortgage securities played … Continue reading

Posted in Stock Fraud |

New SEC Whistleblower Rules Spur Fraud Complaints

The Dodd-Frank Wall Street Reform and Consumer Protection Act was passed by the US Congress and signed by President Obama earlier this summer and contains some very attractive incentives for securities fraud whistleblowers.Now, according to the US Securities and Exchange … Continue reading

Posted in Stock Fraud, Whistleblower |

Big Payoffs Possible for Securities Fraud Whistleblowers Thanks to “Wall Street Tip-Off Law”

The Dodd-Frank Act, passed by the US Congress and signed by President Obama earlier this summer, contains some attractive incentives for securities fraud whistleblowers. The law empowers the U.S. Securities and Exchange Commission (SEC) and the Commodities Futures Trading Commission … Continue reading

Posted in Stock Fraud, Whistleblower |

Madoff Family Targeted in $30 Million Lawsuit

Irving Picard, the court-appointed trustee who has been working to recover the billions of dollars lost in the historic < "http://www.yourlawyer.com/topics/overview/Bernard_Madoff_Investment_fraud">Bernard Madoff Ponzi scheme, has just filed three lawsuits, said The Associated Press (AP). Madoff, 72, pleaded guilty to running … Continue reading

Posted in Stock Fraud |

SEC Announces Record Settlement with Goldman Sachs

Goldman Sachs has agreed to pay a record $550 million to settle civil securities fraud allegations with the U.S. Securities and Exchange Commission (SEC). The settlement, which still has to be approved by a judge, is the largest penalty a … Continue reading

Posted in Stock Fraud |

Conspiracy Eyed in Madoff Case

When Bernard Madoff pleaded guilty to running the biggest Ponzi scheme in history, he claimed that he acted alone and no one—no family members, friends, or colleagues—were aware of his fraud, said ProPublica. Madoff is now spending 150 years in … Continue reading

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Senate Takes Aim at Credit Rating Agency Conflicts

The U.S. Senate has approved an amendment to its financial reform bill aimed at preventing conflicts of interest between credit rating agencies and investment banks. If it becomes law, the amendment would prevent investment banks from shopping around among credit … Continue reading

Posted in Stock Fraud |

New York AG Subpoenas Investment Banks, Ratings Agencies

New York Attorney General Andrew Cuomo has reportedly opened an investigation into the relationship between Wall Street and investment rating agencies. According to a Bloomberg report, Cuomo’s office is trying to ascertain whether or not the banks misled the agencies … Continue reading

Posted in Stock Fraud |

Goldman Sachs, SEC Said to Be In Settlement Talks

Goldman Sachs has apparently entered settlement talks with the Securities and Exchange Commission (SEC) to settle civil fraud charges the agency levied against the investment bank last month. According to a Wall Street Journal report, the talks didn’t include any … Continue reading

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Goldman Sachs Named in Shareholder Lawsuits

We have been following the Goldman Sachs debacle since news broke regarding the investment bank’s mortgage securities deals. Now, The Washington Post is reporting the financial giant just announced that six private lawsuits have been filed alleging “breach of fiduciary … Continue reading

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