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Archive for April, 2006

$554 Million Award In Nuclear Plant Lawsuit

A $554 million verdict was returned recently in a class action suit against two companies that ran a government-owned nuclear weapons production plant until its closure in 1989. The jury in the federal district court in Denver found in favor of nearly 12,000 neighboring property owners whose health and property values were affected by [...]

North Carolina Attorney General Works For Consumers

Attorney General Roy Cooper of North Carolina has done excellent work on behalf of consumers. He recently announced that the last three major out-of state payday lenders agreed to stop making illegal loans in North Carolina. Attorney General Cooper successfully argued in front of the state Commissioner of Banks that Advance America violated [...]

Morgan Stanley Settles Overtime Suit For $42.5 Million

Securities firm Morgan Stanley has agreed to pay $42.5 million to settle a lawsuit by California brokers who demanded overtime pay. The suit, filed on behalf of some 5,000 current and former brokers and trainees in California, alleged that Morgan Stanley failed to pay them overtime. The suit, filed in federal court in San [...]

The FDA Should Know Better

The Food and Drug Administration protects the public health, or at least that is what the regulatory agency is supposed to do. Based on the agency’s track record, however, I have to wonder sometimes whether it really understand its mission. When small amounts of benzene, a known cancer-causing chemical, were found in some [...]

Latest Study On Celebrex Confirms Cardiovascular Risk

The Medicines and Healthcare Products Regulatory Agency (MHRA) in the United Kingdom is the equivalent of the FDA in the U.S. A new study was reported by MHRA on March 1, 2006, regarding Celebrex. It lists a new study by several authors, including Dr. Brent Caldwell, citing a medical journal. The website [...]