Category: Financial News
Samsung Recalls Washing Machines for Explosion Risk
Samsung has recalled 3 million top-loading washing machines because they can blow apart and severely injure anyone nearby.
2,000 Wright Hip Implant Lawsuits Settle for $240M
Wright Medical Technology has agreed to pay a $240 million settlement to resolve most of the lawsuits involving their metal-on-metal hip replacements.
Keyless Ignitions Are Big Convenience for Car Thieves
Keyless ignitions are convenient, and not just for car-owners. Thieves "hack" wireless keys to effortlessly break inside. It is a big problem — about 100 million cars are vulnerable.
Judge Approves $26 Million WEN Lawsuit Settlement
The $26 million settlement provides $25 cash refunds for people who bought WEN. Anyone who had hair loss could get up to $20,000 cash.
$70 Million Awarded in 3rd St. Louis Baby Powder Trial
A woman who was diagnosed with ovarian cancer after using Johnson's Baby Powder on her genitals for 45 years has been awarded $70 million by a jury in St. Louis Circuit Court.
$18 Million Awarded in Talcum Powder Mesothelioma Lawsuit
A jury in California has awarded over $18 million to a man who was diagnosed with mesothelioma after exposure to talcum powder in cosmetic products.
Court Approves $15 Billion VW Diesel Class Action Settlement
Volkswagen pays the largest consumer class action settlement in U.S. history for selling diesels that cheat emissions tests and emit high levels of smog on the road.
EpiPen Maker Under Fire for Price Hike Controversy
Mylan N.V., maker of the EpiPen Auto Injector, is facing tough questions from lawmakers over a massive price increase for the potentially life-saving allergy treatment.
Baby Powder Lawsuits Centralized in MDL
Over 2,000 women who were diagnosed with cancer after using talcum powder have filed lawsuits against Johnson & Johnson for failing to warn about the risk.
Denied a Mortgage Due to Pregnancy? Not So Fast
It is illegal to deny a home loan to a woman because she is pregnant or on maternity leave, but it happens all the time — and victims of discrimination may be entitled to compensation.