This month, a fourth Indian drug company involved in the manufacture of valsartan and another angiotensin II receptor blockers (ARBs) received an FDA warning letter over NDEA and NDMA found in its products.
Proponents of “vaping” claim that e-cigarettes are a “healthier” (or at least a less harmful) alternative to combustible cigarettes. The exploding popularity of JUUL since its products entered the market in 2015 have only caused a growing debate over whether those claims are actually true.
This week the U.S. Food and Drug Administration finally requested that manufacturer Allergen issue a “voluntary” recall for its textured Biocell breast implants. The request comes two months after the FDA announced that despite having received a number of reports linking textured breast implants with a rare form of cancer known as anaplastic large cell lymphoma (ALCL) it would not remove the products from the U.S. market.
Levin Papantonio Wins $1.1 Million Award for Victims of Financial Fraud by Jerry McCutchen and Berthel Fisher
Arbitrators with the Financial Industry Regulatory Authority, FINRA, awarded over $1.1 million to Mobile area clients who lost investments and retirement savings as a result of inappropriate recommendations from a former Berthel Fisher & Company Financial Services advisor Jerry McCutchen.
How much did Johnson & Johnson really know about asbestos contamination of the talc it used in its Baby Powder? A federal grand jury has been impaneled by the US Department of Justice (DoJ) to find an answer to just that question.
Steven Reznik & Jason Brienen, Brokers for Raymond James Financial Services, Accused of Mismanaging Client Funds
Have you lost money with financial advisors Steven Reznik (CRD #1067199), Jason Brienen (DRD# 2249998), or Raymond James Financial Services in Tallahassee, Florida? Any investor who sustained losses after investing with the help of former Raymond James advisor should consult with a lawyer to determine how to recover their investment losses.
If there is any silver lining to recent revelations involving billionaire Jeffery Epstein alleged recidivism (he entered a “not guilty” plea to recent charges this past week), it is that it has brought greater public attention to the ongoing tragedy of sex trafficking and slavery of minors.
Billionaire financier Jeffery Epstein, already a registered sex offender, was arrested by New York law enforcement over the weekend for allegedly engaging in sex trafficking of underage girls. The reporter who originally broke the story has been following Epstein's illicit activities over the past several years. She says a significant number of “powerful and important” people are going to be named as having been involved before it's over.
Bayer AG got more bad news this week as the Austrian parliament voted to ban glyphosate, the active ingredient in the company's legacy flagship product, Roundup. One member of the parliament told the media, “We want to be a role model for other countries in the EU and the world.” Other European countries have passed partial bans and severe restrictions on the sale and use of glyphosate, but Austria is the first EU member to ban the herbicide outright.
The Levin Papantonio law firm is currently investigating UBS Financial Services, Inc. in connection with their sales practices related to Yield Enhancement Strategies (“YES”) and an even more complex version known as the “Iron Condor”. It appears that UBS employed YES Strategies for clients nationwide through Flatiron Partners, a private wealth management division.
Fans of classic films from the Golden Age of Hollywood (or those still alive who have passed the century mark) know that once upon a time smoking cigarettes was considered “glamorous” and was encouraged by society. There were even tobacco industry shills in the medical profession who claimed that cigarettes offered health benefits.
When it came to the market in 2009, the Fisher-Price Rock ‘n Play baby sleeper seemed to be the answer to the prayers of haggard, over-scheduled, sleep-deprived parents, desperate for a convenient way to get their infants to sleep. It soon turned into a gut-wrenching tragedy, however, as over 30 infants were killed as a result of using a product that was poorly-designed and never tested for safety.
A type of medical device used in breast augmentation and restoration surgery, known as the textured breast implant, has been linked to a rare form of cancer known as anaplastic cell lymphoma (ACL). This is a variant of non-Hodgkin's lymphoma, a cancer that attacks the immune system and is strongly associated with exposure to glyphosate and other toxins.
Surgical staplers are commonly used by surgeons as a substitute for sutures for the purpose of closing lacerations or incisions as well as connecting or removing internal organs, such as the lungs or lower intestines. These devices have been used for over 50 years – and have been the subject of more than 41,000 adverse event reports submitted to the FDA's Manufacturer and User Facility Device Experience (MAUDE) database.
Is Bayer having buyer's regret over its recent acquisition of Monsanto? It should be. For the third time in less than a year, a jury has awarded a hefty amount to plaintiffs who claim they developed non-Hodgkin's lymphoma (NHL) from using the glyphosate-based herbicide, Roundup.
The plaintiffs in the most recent case were a married couple from the San Francisco area, both of whom are in their 70s and were diagnosed with NHL. They reported having used Roundup for 35 years and were diagnosed within four years of each other.
The Levin Papantonio law firm is currently investigating brokerage firms misconduct relating to sales practices to their customers. It appears that some firms were recommending that their customers invest in GPB Capital Holdings’ high-risk, high-commission private placements.
One of the cornerstones of the False Claims Act is the qui tam, or “whistleblower” provision, which provides incentives for private individuals to bring lawsuits on behalf of the government in cases of fraud. However, if one corporate defendant in an FCA lawsuit has its way, the qui tam provision of the FCA could be declared unconstitutional – effectively gutting the entire 150-year-old statute.
Residents and business owners whose properties sustained millions of dollars in flood damage during Hurricane Harvey in August, 2017, have filed a lawsuit against the United States Government. Their complaints allege that the U.S. Army Corps of Engineers is responsible for the flooding that caused the damage. More specifically, the plaintiffs claim they are owed compensation for their properties under the nation's “eminent domain” laws.
A number of recent lawsuits against global pharmaceutical giant Bayer AG cite Magnevist, a gadolinium-based contrast agent (GBCA), as the cause of action. One of them, filed by a widower and now pending in federal court, claims that the plaintiff's spouse died eight years after she was injected with Magnevist in order to undergo an MRI.