Category: Financial News
Texas Woman Files Lawsuit After Takata Airbag Explodes
A woman who nearly died when her airbag exploded after a minor traffic accident has filed a lawsuit seeking over $1 million from Takata and Honda.
New Model Samsung Smartphone Reported to Catch Fire, Explode
Samsung may have yet another exploding smartphone on its hands, as a mother in France reported Monday that her Galaxy J5 swelled up, caught fire and exploded shortly after she had taken the device from her 4-year-old son.
29 Million IKEA Dressers Recalled After 4th Child Death
IKEA recalled 29 million chests and dressers because they can tip over if not anchored to the wall. They do not meet voluntary industry standard to withstand the weight of a 50-pound child climbing on the drawers.
EOS Lip Balm Class Action Settlement Announced
EOS has agreed to settle class action lawsuits and pay up to $4,000 to people who had severe skin rashes, blisters, and other side effects from the egg-shaped lip balm.
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.