As multiple lawsuits and SEC actions progress in relation to the nation’s mortgage mess, it’s becoming clear that the misbehaviors of the lawyers involved at all stages were not isolated incidents: The misconduct was systemic, …
Did GlaxoSmithKline’s blockbuster diabetes drug Avandia cause fatal heart attacks? The first federal trial of an Avandia lawsuit began this morning in Philidelphia. As many as 50,000 more lurk in the wings.
Con…
The U.S. Justice Department has begun an investigation into the country’s two largest delivery companies, UPS and FedEx. Both have policies aimed at preventing customers from negotiating lower shipping rates through third parti…
Allstate is suing Bank of America and its Countrywide Financial division over Countrywide’s sale of $700 million in mortgage-backed securities to the insurance giant, alleging that Countrywide knew in advance that the assets wo…
The beleaguered Japanese carmaker is sending notices to Sienna owners to warn them of brake-light switch brackets that are susceptible to damage and could lead to eventual loss of braking effectiveness. No accidents relating to…