Category: Financial News
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.
Abilify Lawsuits Centralized in MDL
Lawsuits filed by people who took the anti-psychotic drug Abilify (aripiprazole) and became addicted to gambling have been consolidated under one judge in Florida.
Taxotere Lawsuits Centralized in MDL
Judges have picked a federal court in Louisiana to centralize lawsuits accusing Sanofi-Aventis of failing to warn about permanent baldness from the chemotherapy drug Taxotere (docetaxel).
Samsung Halts Production of Galaxy Note 7 Following Reports of Fires with Replacement Phones
Samsung announced yesterday that it is temporarily discontinuing production of its Galaxy Note 7 replacement phones amid reports that a number of the devices had caught fire.
NHTSA Investigates Total Brake Failures on New Ford F-150 Trucks
Did the brakes fail on your brand new Ford F-150? You're not alone. After recalling 2013 and 2014 model-year F-150s, the government investigates 25 reports of the same problem on 2015 and 2016 trucks.
Bad Day for Johnson & Johnson (JNJ)
As Johnson & Johnson defends itself in trials over baby powder and a metal-on-metal hip implant, the company finally warns that an insulin pump is vulnerable to hacking.
Railroad Worker With Cancer Awarded $7.5 Million
A jury in Illinois has awarded $7.5 million to a railroad worker who developed leukemia after being exposed to creosote and other toxic chemicals on the job without protective equipment.