Archive: July, 2008

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More bad news for Allstate

As if being voted the worst insurance company in America wasn’t enough. That entry is HERE. A Missouri appellate panel on Tuesday upheld a $16 million bad faith judgment against Allstate Insurance Co. The Missouri Court of Appeals found that, based on the evidence presented in the case, it was reasonable to infer that the [...]

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Abbott Labs settles AIDS drug lawsuit

The maker of a widely used HIV medication will pay between $10 million and $27.5 million to resolve antitrust claims arising from the drug’s pricing. According to the lawsuit, filed by AIDS patients, Abott Laboratories increased the price of the drug Norvir in order to block competition. On Dec. 3, 2003, Abbott increased the price [...]

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Eli Lilly Trained Sales Force to Ignore Zyprexa’s Risks

Court documents filed in Alaska’s lawsuit against Eli Lilly & Co. over its marketing of the antipsychotic medication Zyprexa say that the drugmaker encouraged its sales division to downplay the risks of the drug in order to boost profits. Additionally, the documents say that Lilly instructed sales people to encourage doctors to prescribe the drug [...]

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Class Actions begin to add up.

The number of subprime-related class-action lawsuits filed during the first half of 2008 has surpassed those filed in all other areas combined, a recently released report says. Cornerstone Research and Stanford Law’s Securities Class Action Clearinghouse found that the vast majority of financial class actions filed during the first half of the year stemmed from [...]

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9/11 Settlements overturned

As reported by the New York Times, a federal judge has overturned four settlements from 9/11 victims because of an unfair distribution to one law firm in Maryland, Azrael, Gann & Franz. District Judge Alvin K. Hellerstein explained in his ruling that the Franz firm’s request for a 25 percent contingency fee of $28.5 million [...]

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Lawsuit filed over oil spill

Attorneys filed a lawsuit Thursday on behalf New Orleans residents affected by oil spill that caused the closure of an 80-mile-long stretch of the Mississippi River. According to the lawsuit, which seeks class-action status, the spill exposed residents to toxic gases, damaged the environment and threatened drinking water supplies. The lawsuit names the companies that [...]

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Concern over granite countertops?

The popularity of granite countertops is raising some concerns about hazardous radon and radiation emitted from the stone. While experts agree that most granite countertops emit radiation and radon at insignificant levels, some so-called hot countertops can pose increased cancer risks (radon can cause lung cancer). In fact, some attorneys think that litigation related to [...]

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Constitutional source

Need to access U.S. Constitution-related documents, including speeches, papers, journals and more? Try ConSource, a not for profit organization that has put more than 10,000 documents online for the public. You can visit it HERE. Up next? Per the site: The next collections include drafts of the Constitution, North Carolina and Rhode Island’s ratification debates, [...]

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More on Digitek Lawsuits

Could class action lawsuits arising from Digitek lead attorneys into new legal territory? As reported by Law.com: In contrast to past pharmaceutical tort litigation, plaintiffs lawyers aren’t alleging that a company’s “failure to warn” about possible risks of a drug caused injuries and deaths. In recent years, those arguments have been challenged in court, where [...]

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Juror questions BP move to settle

According to news reports, Jurors in the most recent BP case involving the Texas City, Texas refinery explosion have stated that BP should not have settled. As reported by the Houston Chronicle: “(BP) probably shouldn’t have settled,” said Marlaina Culver, one of the jurors who sat through more than eight weeks of testimonies without getting [...]

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