Merck Argues Investors Can’t Sue over Vioxx Drug
Merck and Co., the makers of Vioxx argued in court this week that investors can’t sue them for the defunct product because the statute of limitation is over for a defective drug lawsuit. Vioxx, which was pulled off the market because it doubled the risks of heart attack, stroke and death cost the company and [...]
City of San Diego not Responsible for Mud Slide Judge Rules
A San Diego judge ruled Thursday that the city cannot be faulted for a landslide that damaged homes and destroyed property in a La Jolla neighborhood. In the incident several homes were affected and at least 3 were demolished after a 50 yard stretch of road collapsed in October 2007. Homeowners alleged that the landslide, [...]
Disabled Sears Employees Recieve Million Dollar Settlement over Firings
In what was described as one of the largest Americans with Disabilities settlements in a single Equal Employment Opportunity Commission lawsuit, Sears, Roebuck and Co., announced a record $6.2 million dollar award in response to a national class action suit. The suit itself alleged that Sears, Roebuck and Co., had a history of firing employees [...]
Lawsuit Claims Crest Pro-Health Mouthwash Discolors Teeth
A newly emerging product liability lawsuit against Procter and Gamble was filed by disgruntled plaintiffs who charge that Crest Pro-Health mouthwash stains teeth. According to official documents filed in Michigan federal court, the mouthwash contains a chemical that is known to yellow and brown the teeth, but the bottle contains no warning in this regard. [...]
Countrywide Settles with Former Employees Over Retirement Losses
A $55 million dollar settlement was reached between Countrywide Financial Corporation and disgruntled former employees over retirement plan losses. The Los Angeles federal judge recently approved the settlement citing the fact that the company had violated the Retirement Income Security Act of 1974 when they failed to monitor employee retirement funds, which had been held [...]