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FDAzar > Blog/News (Page 8)

WHISTLEBLOWER CASES: EXPOSING FRAUD, RIGHTING WRONGS

Woman blowing whistle and pointing

A few weeks ago the Securities and Exchange Commission (SEC) announced that it was paying substantial awards to two private individuals who had assisted the agency in a major enforcement action. One of the two received payment of $15 million; the other received $39 million. All of the money came from fines paid by a major company that had been caught violating securities laws. The SEC declined to reveal the identities of the two recipients. It didn’t reveal any details of the investigation, either, or the name of the major company that was involved, out of concerns that it would compromise...

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SOME PAINFUL FACTS ABOUT WHIPLASH CLAIMS

Whiplash Injury

Car accidents can produce many different types of injuries. One of the most common is also one of the least understood: Whiplash Injury. It’s often ignored, belittled or dismissed as, quite literally, a pain in the neck — something annoying but hardly worth bothering about. But whiplash, and the constellation of symptoms associated with it, can turn out to be a bigger pain than drivers realize, and it deserves to be taken seriously. WHAT IS WHIPLASH INJURY? Whiplash is an injury that occurs as a result of an impact that produces rapid forward-and-back or sideways movement of the head and neck. Typically,...

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GOOGLE TRACKING LAWSUIT: LOCATION STORED W/O PERMISSION

A federal lawsuit claims that Google has generated millions in revenue by secretly storing location data of mobile phone users who believe they’ve opted out of such tracking. That lawsuit was filed October 19 in the Northern District of California by Franklin D. Azar & Associates and seeks class action status on behalf of iPhone and Android users nationwide whose location information was stored by Google despite their efforts to disable the service. HOW DOES GOOGLE SECRETLY STORE YOUR LOCATIONS? A mobile phone’s location is typically tracked by Google whenever the owner uses Google Maps or similar applications. Google’s support page claims that...

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THE TALCUM POWDER LAWSUIT: LINKS TO ASBESTOS, CANCER LEAD TO BIG VERDICTS

baby powder

The raging controversy over possible health risks associated with talcum powder use just keeps getting hotter. Thousands of lawsuits have been filed on behalf of people who claim that they developed cancer because of exposure to talc products, resulting in billions of dollars in jury verdicts in just the last few months. The manufacturers of talc products deny any wrongdoing and are appealing many of the verdicts, but many more cases are headed for trial. QUESTIONS ABOUT PURITY, TALCUM POWDER AND OVARIAN CANCER Talc is a naturally occurring mineral, composed primarily of silicon, magnesium, and oxygen. Ground into powder, it’s long...

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ELECTRIC SCOOTERS: FAST, CHEAP, AND RISKY?

Scooter rental

In just a few months, the dockless electric scooter has evolved from an oddity to a common sight in many major American cities. And as the numbers have increased, so has the level of annoyance among pedestrians and motorists, many of whom regard the whizzing, toy-like conveyances as too flimsy for the roads and yet too fast for the sidewalks. But others have embraced the phenomenon, seeing in the easy-rent, drop-anywhere vehicles a welcome solution to urban traffic, a way to negotiate congested areas quickly, at a fraction of the cost-per-mile of a gas-guzzling car. Some even regard such “smart mobility”...

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CENTURYLINK LAWSUIT: RETIREMENT FUND INVESTORS SEEK CLASS ACTION STATUS

A motion filed in U.S. District Court in Denver asks a federal judge to grant class action status to a lawsuit against CenturyLink, claiming that the telecom giant mismanaged a retirement fund and cost beneficiaries millions in losses from bad investments. Bonnie Birse and Gerad Detwiler, the named plaintiffs in the suit, are seeking class action certification on behalf of thousands of other participants in the CenturyLink Dollars and Sense 401(k) Plan who invested in the underperforming fund over a five-year period, from April 2012 to the end of September 2017. CENTURYLINK LAWSUIT – A QUESTION OF PERFORMANCE At issue is the Active...

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RECENT PRODUCT LIABILITY LAWSUITS: BIG VERDICTS AND SETTLEMENTS

Defective drugs, medical devices and household products injure thousands of Americans every year. Many assume that if a product is on the market, it’s undergone rigorous testing by the government, but that’s not always the case. As we noted in an article a few weeks ago, efforts by the Food and Drug Administration to make it easier for companies to introduce new products may be jeopardizing patient safety; demands to cut through the red tape of regulatory review have led to consumers being exposed to pricey drugs of dubious efficacy, with potentially serious (or simply unknown) side effects, as well as...

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Azar Law Firm Named Lead Counsel in Securities Class Action Against Flex, Ltd.

DENVER— Franklin D. Azar & Associates, P.C., has been appointed as co-Lead Counsel in a federal securities class action lawsuit filed against the global electronics giant Flex, Ltd., and two of its senior executives. The suit seeks to recover losses suffered by Flex investors after, the complaint alleges, Flex and its senior executives made material misstatements and omissions concerning the company’s internal controls over financial reporting. FDAzar and the Boston-based Thornton Law Firm are litigating the case as co-Lead Counsel on behalf of the Lead Plaintiff, the Bristol County Retirement System, and other Flex shareholders who comprise the putative class members....

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THE MAIN CAUSES OF TEENAGE CAR ACCIDENTS – AND HOW TO PREVENT THEM

There are plenty of jokes made by nervous parents when there’s a new driver in the household, but the statistics for car accidents involving teens are no joke. According to the Centers for Disease Control and Prevention, motor vehicle crashes are the leading cause of death for teens in the United States, claiming six victims aged 16-19 every day. Many of those deaths are preventable, and there are solid strategies for educating teen drivers to improve their safety for years to come. But first it’s important to understand the factors involved that make teen driving so hazardous. HOW BIG IS THE TEEN...

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ROUNDUP CANCER LAWSUIT – HERBICIDE AND BREAKFAST CEREAL: CAUSE FOR ALARM?

Oats in the field

When it comes to our food supply, we live in an age of uncertainty. News reports tell us of outbreaks of contaminants at favorite restaurants, recalls at the supermarket, new studies that indicate some “miracle” foods aren’t as beneficial as we thought, or competing claims about whether certain trusted, brand-name products help us or hurt us in our quest for healthy eating. The flood of conflicting information makes it hard to keep up — and might even leave you feeling overwhelmed. But certain developments deserve more attention. One startling example: The recent sizable verdict in the Monsanto lawsuit involving a widely...

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