Blog Posts in May, 2007

  • Lawsuit Loan Lending Companies

    A relatively new area of consumer lending has sprung up, in the wake of big insurance’s often used tactic of ‘ delay, deny, defend’ . These ‘Lawsuit Loan’ lending companies extend loans to plaintiffs in injury cases as a way to not only financially assist the plaintiff, but to fight back against insurance company’s delay strategies. Many times plaintiffs in injury actions are unable to work, and ...
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  • Illinois Judge Wants To Light Up Dimissed ‘Light’ Cigarette Case

    “EDWARDSVILLE, Ill. (AP) — A judge whose $10.1 billion judgment against Philip Morris USA in a lawsuit over light cigarettes was thrown out on appeal is asking a court whether he can revive the case. Madison County Circuit Judge Nicholas Byron asked the Mount Vernon-based 5th District Appellate Court of Illinois this month to rule whether he has authority to reopen the lawsuit. Byron cited ...
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  • $2.8 Million Settlement for Illinois Bed Sore Case

    “CHICAGO – A $2,325,000 settlement was reached April 19 in a pressure sore and wrongful death action against Senior Lifestyle Maplewood’s Kingsley Place nursing facility, a woman’s treating physician and a home health agency (John Mozenter, Personal Representative of the Estate of Marilyn Mozenter, v. Senior Lifestyle Maplewood Ltd. Partnership, d/b/a Kingsley Place At Lincoln Square, et al., No. ...
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  • Avandia Linked to Heart Attack Risk

    A recent article in the New England Journal of Medicine reported a studyindicating a 48% increased risk of heart attack with the diabetes drug Avandia.Avandia is taken by more than over 1 million people and generated sales of over $3 billion for GlaxoSmithKline last year. Could this be another Vioxx?Well, not to the same scale, but the author of the recent study, Dr. Steven Nissin, was one of the ...
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  • 3 Docs Caught In Health Insurance Scam

    “Likened to “body snatchers” by Orange County’s top prosecutor, three doctors were arrested Wednesday for their alleged roles in an elaborate insurance fraud scheme in which hundreds of patients across the U.S. were recruited to undergo unnecessary procedures in exchange for money or low-cost cosmetic surgeries. The arrests bring to 17 the number of people named in the “rent-a-patient” scam ...
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  • TYCO Settles Investor Class Action for $3 Billion

    “ Tyco International , whose two top executives were imprisoned for fraud, has agreed to pay almost $3 billion to settle class-action lawsuits brought by investors, the company announced yesterday. The settlement, described as the largest payment ever by a company in such litigation, seeks to help put to rest one of the nation's most notorious cases of fraud. Tyco investors may be in a position to ...
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  • Putting A Price On Life

    Here is a moving story printed at cbs2.com: “In a shocking report, more people die from medical mistakes each year than from highway accidents, breast cancer or AIDS. And in California, a little known law puts a price tag on what the state says your life is worth. Now, a Simi Valley family blames a local hospital’s errors for robbing their daughter of her young and innocent life. “She died in my ...
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  • Purdue Pharmacuetical Settles Oxycotin Claims

    “Purdue Pharma has agreed to pay $19.5 million to 26 states and Washington, D.C., to settle claims that the company promoted its painkiller OxyContin for off-label uses, the company announced on Tuesday, the Wall Street Journal reports (Wall Street Journal, 5/9). According to Connecticut Attorney General Richard Blumenthal and state Consumer Protection Commissioner Jerry Farrell, Purdue also ...
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  • Blue Cross Settles Doctors Claims for $128 Million

    “The Blue Cross and Blue Shield Association and more than 30 Blue Cross health plans across the country agreed yesterday to pay $128 million to settle lawsuits brought by doctors who said that they had been underpaid on insurance claims. The settlement, which resolves class-action claims filed by more than 900,000 doctors, requires Blue Cross plans to revise claims-payment procedures and set up ...
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  • Payouts in Medical Malpractice Claims Flat For Last 20 Years

    An umbrella activist group calling for insurance reform released a study Wednesday in an attempt to refute the claim that out-of-control litigation prompted medical malpractice insurance rates to skyrocket in recent years. Americans for Insurance Reform says annual insurance industry numbers show that the amount of money paid for medical malpractice settlements, verdicts and legal defense has ...
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  • Widow of Welder Awarded $18.5 Million

    “The widow of a Waxahachie man killed in an explosion at a Texas Industries Inc. plant in Midlothian was awarded $18.9 million by a Dallas jury Friday. The verdict was the culmination of a monthlong trial in which the Dallas-based company was accused of negligence and recklessness in the death of 34-year-old Gordon Rutherford, who was working for Circle 4M Welding, a TXI contractor. Mr. Rutherford ...
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  • FDA Places Suicide Warnings on Antidepressants

    “The U.S. Food and Drug Administration (FDA) today proposed that makers of all antidepressant medications update the existing black box warning on their products’ labeling to include warnings about increased risks of suicidal thinking and behavior, known as suicidality, in young adults ages 18 to 24 during initial treatment (generally the first one to two months). The proposed labeling changes ...
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