Category: Financial News
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.
Samsung Top-Loading Washing Machines Linked to Explosions
Samsung and U.S. safety regulators are warning that top-loading washing machines made between March 2011 and April 2016 can explode and cause severe injuries and/or property damage.