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Bank of America to pay $108 million to settle mortgage charges Monday, June 7, 2010
Los Angeles Times: The new owner of Countrywide Financial Corporation has agreed to pay $108 million to settle federal charges that the company overcharged and deceived 200,000 mortgage borrowers who were facing foreclosure.
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Makers of Motrin tried to hide product defects Friday, May 28, 2010
Washington Post: Officials at McNeil Consumer Healthcare “tried to perform a ‘phantom recall’ of defective Motrin by sending contractors around the country to buy up the medicine from stores without alerting regulators or the public.”
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Settlement reached after 2-year-old receives 151 CT scans Friday, May 28, 2010
Eureka (Cal.) Times-Standard: A confidential settlement has been reached with Mad River Community Hospital in Arcata, Cal., after a radiology technician administered 151 CT scans to a 2-year-old boy over a 65-minute period.
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Chinese drywall class action certified in Florida Friday, May 28, 2010
Miami Herald: More than 150 homeowners could be part of a class action suit against homebuilders who used drywall imported from China.
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Increasing teen safety in California by holding adults who provide alcohol responsible Thursday, May 20, 2010
Los Angeles Daily Journal: The Teen Alcohol Safety Act would end the “social host” immunity for adults who provide alcohol to minors in California, one of just three states that provides such an immunity.
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Why are business interests so anxious to defeat a California Assembly candidate? Thursday, May 20, 2010
Los Angeles Times: “A coalition of oil interests, insurance companies, pharmaceutical firms and other business interests has poured at least $480,000 into a mail and television campaign to oppose” Betsy Butler, a candidate in the Democratic primary for the California Assembly.
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Jury punishes Novartis to the tune of $250 million Wednesday, May 19, 2010
Bloomberg BusinessWeek: A New York jury has awarded “the largest ever employment discrimination verdict” to a group of about 5,600 women who sued Novartis Pharmaceuticals for gender discrimination.
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