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Largest U.S. health insurer sees profit rise 51% Friday, April 30, 2010
Bloomberg BusinessWeek: WellPoint reported its profit increased 51% in the first quarter of this year compared to the same period last year, while the percentage of premiums that was spent on medical care went down.
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Why you won’t have to be photographed with a clown at your next mammogram Friday, April 30, 2010
The Recorder: California appeals court judge William W. Bedsworth describes what his attorney wife found as she dug through the fine print when she showed up for a mammogram.
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Another jury holds Big Tobacco accountable Tuesday, April 27, 2010
Bloomberg BusinessWeek: A Florida jury awarded more than $46 million the widow of a man who died of lung cancer from smoking.
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Supreme Court cuts investors a break in Vioxx case Tuesday, April 27, 2010
Associated Press: The U.S. Supreme Court ruled unanimously that investors may proceed with a class action lawsuit against pharmaceutical giant Merck & Co., alleging the company did not provide enough information about the risks of the painkiller Vioxx before it was pulled from the market.
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Class action against rating companies allowed to proceed Tuesday, April 27, 2010
Bloomberg BusinessWeek: A class action lawsuit filed by investors against financial ratings companies Moody’s and Standard & Poor’s will proceed as the result of a ruling by a federal judge in New York.
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Lawsuits mount against Yaz, Yasmin Tuesday, April 27, 2010
Los Angeles Times: Dr. Sidney Wolfe, founder and director of the nonprofit advocacy group Public Citizen’s Health Research Group, says, “There is reason to be concerned, I believe, about both of them.”
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Goldman Sachs faces class action suit for allegedly deceiving investors Monday, April 26, 2010
CNN Money: A federal class action suit has been filed against Goldman Sachs on behalf of company shareholders, charging the company with “deceiving investors about the bank’s financial conditions.”
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