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Lawyers and Settlements :: Emerging Legal News
Articles on Emerging Legal News from www.LawyersandSettlements.com

• Stock Market Losses Leave Retirees Without Money
  Lovell, WY: Frank H. (not his real name) has lost a lot of money this year in the stock market. His variable annuity and his IRA have both lost money and he is concerned about paying his wife's nursing home bill. Frank thought he would have money to leave his children, but thanks to recent stock market losses, he may have very little left to give them.
• Tenants in Common Losses have Lots in Common with other Squeezed Investors
  Delray Beach, FL: Here we go again—yet another example of how someone may have been promised a bill of goods, only to be sold something else. In this latest example: investments of tenants in common, or Tenants in Common TIC investments. These are products tied to the commercial real estate sector. Needless to say, Tenants in Common stocks have been hammered of late, and not for quite the same reasons as an investment in the stock market might be exposed.
• Yet Another Taser Death
  Santa Rosa, CA: Another senseless death by Taser occurred this past weekend; Nathan Vaughn's death was eerily similar to the Taser death of other men such as Robert Heston (February, 2005) and 24-year-old Keith Graff (October, 2005). All three men were Tasered over and over again and pronounced dead shortly thereafter.
• Denver Plane Crash Injures Thirty-Eight People
  Port Clinton, OH: A plane crash at Denver International Airport resulted in injuries to 38 passengers, according to early reports. The airplane crash occurred when the Boeing 737 went off the runway and caught fire. Although no one suffered life-threatening injury, passengers were taken to the hospital with bone fractures.
• Imagine a Parent's Nightmare When a Child is Harmed by Motrin SJS
  Malibu, CA: As 2008 comes to a close, one can imagine the musings of the Sabrina Johnson family as they reflect back on their SJS Motrin lawsuit, and where they go from here. Motrin and SJS has been a part of their daily lives since that fateful day in 2003 when little Sabrina came home from school with a fever—the start of a years-long nightmare. Children's Motrin, and Stevens Johnson Syndrome has been haunting them ever since.
• Food Poisoning Always a Concern Over the Holidays
  Rockville, MD: Two huge food poisoning stories appear to have been finally put to bed as the year draws to a close: chicken pot pies linked to salmonella food poisoning in the US, and deli meats infected with lysteria up in Canada. As 2009 is about to emerge, a food supplements story is emerging along with it: a dietary supplement that has been recalled due to the presence of a dangerous diuretic.
• Your Thanks for Working Through the Weekend: A Pat on the Back
  Los Angeles, CA: How's this for a deal? Work 20 hours worth of California IT hours every week for a year and see your annual paycheck rise from $80,000 to $117,000. Nice. And now there's an improvement in California labor laws—an update to California state labor law governing overtime for computer professionals. Now, when you work 20 hours of overtime each week for a year, you'll see your pay packet rise from $80,000 to…well…it doesn't rise. If you're a salaried computer professional $80,000 is it, baby.
• Another Ponzi Scheme Costs Investors Millions in California
  Norwalk, CA: People these days who are just hanging on by their teeth economically could be forgiven in their vilifying of people like Milton Retana for ripping innocent people off through alleged Ponzi fraud. This time, the Ponzi scheme fraud involved a real estate broker who allegedly defrauded thousands of people out of millions of dollars. Sadly such Ponzi schemes, which have been around since the 1920s, play no favorites and show no mercy for people who are hurting.
• What Caused the Christmas Fire that Took Little Ava's Life?
  Peterborough, ON: A fire accident is horrific at any time of the year. But it's always worse close to Christmas. Little wonder that there seems to be an increase in fires across the Yuletide, as families in a holiday mood trot out Christmas lights that are sometimes old and frayed, artificial trees that are flammable, or a real Christmas tree that is allowed to dry out and evolve into a Christmas tree and fire hazard. A Christmas lights fire is devastating. Any fire is devastating.
• Mutual Fund Losses May be the Result of Negligence
  Minneapolis, MN: Bruce P (not his real name) is angry about his mutual funds. He says they have not been managed in the way they should have been, causing them to drop in value and allowing someone unauthorized to withdraw funds. Bruce's mutual fund losses may be the result of someone's negligence and not the result of normal market fluctuations. Luckily, there may be action Bruce can take to recover lost funds.
• ETHEX Drug Overdose Causes Severe Pain
  Dahlonega, GA: Ethan B. had been taking isosorbide mononitrate, made by ETHEX Corporation for at least a year before he began noticing side effects from the drug. Like many other patients who took ETHEX medications, Ethan may have received too much of his medication's active ingredient. Luckily, Ethan stopped taking the isosorbide mononitrate before any permanent damage was done—but the consequences could have been much worse.
• Client Wishes for Stockbroker Arbitration
  Westville, IN: Karen P. (not her real name) hopes she has the opportunity to file a stockbroker arbitration claim against her financial advisor. Although she may not have been a victim of outright stockbroker fraud, she does feel she was misled into putting her money into mutual funds when she really wanted a money market investment.
• Another Victim of Tainted Heparin?
  Orangeburg, SC: Amy was given heparin injections on two separate occasions to thin her blood: once before having her gallbladder removed and the second time for hernia surgery. Both operations were successful yet she is having symptoms consistent with heparin contamination.
• Man awarded $30 million in mesothelioma lawsuit
  Newark, NJ: Mark Buttitta finally got his day in court – but he had to die to do it. Mark contracted asbestos mesothelioma