Many of the largest U.S. credit-card companies require customers to sign away their ability to take disputes to court. Instead consumers are required to settle disagreements in arbitration. A lawsuit filed in New York federal court alleges eight leading credit card companies violated U.S. antitrust laws by colluding to promote arbitration of customer disputes. The [...]
Union Foundry, a division of McWane Inc. of Birmingham, Alabama, has pleaded guilty and will pay a $4.5 million fine in connection with a federal environmental crime and a safety violation that led to the death of a maintenance employee in 2000. The Anniston-based company, which makes ductile cast iron fittings, was charged with willfully [...]
Anybody who has watched the television news lately knows that corporate crime is a huge problem in the United States. For years the problem was largely ignored by government at every level and that was most unfortunate. Those in government have finally started to pay attention and to take action to prosecute the wrongdoers. We [...]
The U.S. Chamber of Commerce, which has repeatedly taken the position that there are too many lawsuits, seems to believe a lawsuit is just fine when it accomplishes their own objectives. Thomas Donohue, the U.S. Chamber of Commerce President, has been a local critic of all lawsuits. But, he is now singing a different tune. [...]
Over the past several months, it has become quite evident that the pharmaceutical industry is trying hard to change its public image. Currently, there is a strong distrust of drug companies by ordinary Americans. In my opinion, this distrust has been “earned” by the drug companies and will be hard to shake. In recent opinion [...]
