Recent Posts from Product Liability Attorney Blog
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Health Care Providers Urged To Weigh Risks of Levaquin
The Food and Drug Administration has urged health care professionals to carefully consider whether the benefits of prescribing the antibiotic drug Levaquin are outweighed by the risks. Those risks include pain, swelling, inflammation and tears…
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Heparin Highlighted in Serious Drug-Reaction Report
According to a report released by the nonprofit Institute for Safe Medication Practices, the U.S. Food and Drug Administration received a record number of adverse drug-reaction reports in the first quarter of 2008. The FDA…
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FDA Will Open Offices in China
The U.S. Food and Drug Administration will open an office in China before the end of the year, according to a statement released by the federal government last week. The FDA’s first office will open…
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Bank of America Agrees to Pay $4.7 Billion
Bank of America Corp. has agreed to buy back as much as $4.7 billion in auction-rate securities as part of a settlement announced Wednesday. According to the Securities and Exchange Commission, the settlement would cover…
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UBS Lawyer to Pay $6.5M to Settle Auction-Rate Securities Case
The general counsel of UBS’s investment bank has agreed to pay $6.5 million in order to settle a claim of insider trading involving auction-rate securities. The settlement was reached yesterday between former senior UBS executive…
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Antibiotic Levaquin Linked to Serious Side Effects
Levaquin, a powerful antibiotic used to treat lung, sinus, skin and urinary tract infections, has been linked to serious side effects, including increased risk of tendinitis and tendon rupture. Made by Ortho-McNeil-Janssen Pharmaceuticals, Levaquin (known…
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Carey & Danis Announces Auction Rate Securities Class Action Lawsuit Filed Against H&R Block
FOR IMMEDIATE RELEASE FRIDAY, SEPT. 26, 2008 CONTACT: JOSEPH P. DANIS MICHAEL J. FLANNERY COREY D. SULLIVAN Phone: 1-800-721-2519 NEWS RELEASE Sept. 26, 2008 Carey & Danis LLC Announces Auction Rate Securities Class Action Lawsuit…
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Heparin’s Safety is Flagged by the FDA
The Food and Drug Administration recently identified the blood-thinning drug heparin as one of 20 medications with potential safety issues. According to a statement released last Friday, the FDA noted that in the first three…
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Auction-Rate Securities Probe Widens to Include Brokerages
Regulators looking into the auction-rate securities debacle have widened their probe to include nearly 40 brokerages, the Los Angeles Times reports. Journalist Walter Hamilton writes that investigators with the Financial Industry Regulatory Authority launched on-site…
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Carey & Danis LLC Announces Auction Rate Securities Class Action Lawsuit Filed Against Stifel Financial Corp.
FOR IMMEDIATE RELEASE WEDNESDAY, AUGUST 13, 2008 CONTACT: JOSEPH P. DANIS COREY D. SULLIVAN Phone: 1-800-721-2519 NEWS RELEASE August 13, 2008 St. Louis, MO – The law firm of Carey & Danis LLC has filed…