Category: Financial News
$2 Million Verdict in Zimmer Kinectiv Hip Implant Lawsuit
A judge in New Mexico has ordered Zimmer Inc. to pay $2 million to a man who was injured by a Zimmer Kinectiv hip implant system.
Over 100 Mirena Brain Injury Lawsuits Centralized in New York
Federal judges picked one court in New York to centralize 117 lawsuits from women who accuse Bayer of failing to warn about the risk of developing brain injuries from the Mirena Intrauterine Device (IUD).
Target Recalls Easter Egg Toys Over “Life-Threatening” Swallow Hazard
Target Corp. is recalling 560,000 Easter toys over concerns they could block a child's stomach if swallowed, and only be removed via surgery.
DePuy Knew of Metal Hip Implant Risks in 1995
Experts warned Johnson & Johnson about the dangers of metal-on-metal hip replacements in 1995 and told the company it would be unethical to continue selling the implants.
Garbage Disposals Recalled for Metal Shooting Out
A recall was issued for nearly 150,000 garbage disposals sold under brand-names like Frigidaire, Kenmore, Moen after reports of metal pieces shooting out and hitting consumers, posing an injury hazard.
Ford Recalls Nearly 53,000 Pickups for Rollaway Hazard
Ford Motor Co. is recalling 52,600 F-250 trucks because they can roll away when parked due to a manufacturing error, the company announced Saturday.
100,000 Reasons Why Johnson & Johnson Wants to Forget 2016
Johnson & Johnson was hit with 6 out of 7 of the biggest injury verdicts of 2016. The company is accused of putting profits above public safety in 100,000 lawsuits over baby powder, vaginal mesh, hip implants, Risperdal, Xarelto, and...
Ford Recalls 570,000 Vehicles for Fire Risk, Door Latch Problems
Ford Motor Co. is recalling more than 570,000 vehicles in North America and Europe to fix separate problems that can cause engine fires and doors to fly open unexpectedly.
Toyota Recalling Nearly 3 Million Vehicles for Exploding Airbags Linked to 16 Deaths
Toyota Motor Co. announced Thursday that it is recalling 2.9 million Corolla Axio sedans and RAV4 SUV crossovers in Japan, China, Oceania and other regions over potentially defective Takata airbag inflators.
Wells Fargo to Pay $110 Million to Settle Fake Accounts Lawsuit
Wells Fargo will pay $110 million to settle a class action lawsuit alleging that the bank signed thousands of customers up for accounts and other services they didn’t consent to.