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Tuesday, 11 December 2012 07:10 |
Follow us on Twitter and Facebook for the latest Class Action Lawsuit Settlement News! Pfizer Hit with Securities Fraud Class Action Over Celebrex & Bextra By Michael Carlin
 At least a dozen institutional investors have opted out of a longstanding securities fraud class action lawsuit against Pfizer (NASDAQ: PFE) in order to secure larger judgments. The plaintiffs in the new case include the largest U.S. public pensions: the California Public Employees’ Retirement System (Calpers) and the California State Teachers' Retirement System (Calstrs); amongst other mutual funds.
Opting out of class action securities fraud lawsuits is increasingly common. This happens when plaintiffs of a larger class action decide that the risk of losing a separate case is worth the potential larger settlements available when they do not have to compete with smaller individual investors in the class.
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Tuesday, 11 December 2012 07:10 |
Follow us on Twitter and Facebook for the latest Chantix Suicide Class Action Lawsuit News! Lawsuits Alleging Chantix Side Effects Mount in Court By Michael Carlin
 Thousands of cases have been filed against Pfizer in the United States District Court for the Northern District of Alabama alleging that Chantix caused severe and unexpected side effects. With this many lawsuits over a single common cause the Judicial Panel on Multidistrict Litigation, JPML determined that the cases would benefit by consolidation into a Multi District Litigation (MDL) centered in Alabama.
MDLs offer significant advantages for both plaintiffs and defendants. By consolidating and coordinating federal cases into one court the parties can facilitate discovery by only requiring the defendant to produce documents once when requested. Additionally witnesses for the company only need to be deposed once. The court’s ability to review the bulk of cases also provides it with enough information about the typical issues that arise to provide consistent rulings. Judges overseeing MDLs like Chantix are also more willing to devote the time and resources necessary to resolve difficult legal issues when thousands of cases will be affected.
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Tuesday, 11 December 2012 07:10 |
Follow us on Twitter and Facebook for the latest Unum/UnumProvident Class Action Lawsuit News! Unum Customers Experience Despicable Nightmares
By Andrea Gressman
 Unum, also referred to as Unum Provident, is one of the largest providers of health insurance in the United States. However, they may not be as helpful as the company would have people believing they are. In fact, one Forth Worth, Texas resident can attest to the fact that Unum customers may very well experience nightmarish results from this very popular health insurance company. Byron discovered he had a heart condition, was deemed unable to work, and because of an improper Unum disability insurance claim denial, he nearly became homeless.
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Tuesday, 11 December 2012 07:00 |
Follow us on Twitter and Facebook for the latest Dilantin Class Action Lawsuit News! Dilantin Linked to Fractures & Other Side Effects
By Andrea Gressman
 It has been reported that older patients taking certain epilepsy medications, such as Dilantin, are more likely to suffer fractures, according to a study recently published. Dilantin was one of the primary drugs cited in the study. In fact, every major epilepsy drug (with the exception of one) including popular Tegretol was linked to the increased risk of fracture in elderly patients.
Dilantin Reported to Have the Highest Side Effect Risk
The amount of the increased side effect risk of fractures varied based on the epilepsy drug, but Dilantin claimed the top spot with the highest risk of Dilantin fractures. Relatively mild side effect risk increases of 24% were shown with clonazepam-based drugs. This class includes Klonopin and Valpax. Dilantin’s side effect risk increase was far more substantial, with the susceptibility for fracture increasing by 91%.
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Tuesday, 11 December 2012 07:00 |
Follow us on Twitter and Facebook for the latest Zoloft Birth Defect Class Action Lawsuit News! Parents File Effexor Birth Defect Lawsuit in Montana
By Andrea Gressman  As a patient you typically trust that the prescription you are being prescribed by your trusted doctor is safe for you to use, but that is not necessarily the situation when it comes to SSRI antidepressants. When Lisa Rooney was pregnant with her daughter in 2009 she took an SSRI antidepressant known as Effexor XR and it probably never crossed her mind that the medication which had been prescribed to help her would cause so much harm to her infant daughter.
In an October 3, 2012 report by The Montana Standard as well as the Associated Press (AP), it was reported that Montana couple Lisa Rooney and Wayne Halvorsen recently filed an SSRI antidepressant birth defect lawsuit after their infant daughter was born in 2009 with extensive birth defects as a result of Ms. Rooney taking Effexor during her pregnancy. The SSRI antidepressant birth defects lawsuit states that a heart defect was developed in the baby girl because of the pregnancy side effects caused by Effexor.
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Monday, 10 December 2012 20:02 |
Follow us on Twitter and Facebook for the latest Homeopathic Fraud Class Action Lawsuit News! The Problems with Homeolab USA Kids Relief Cough & Cold Syrup
By John Curran
 When one sees the ingredient list for a homeopathic remedy like Homeolab USA Kids Relief Cough & Cold, it may seem very confusing. Things are not labeled in milligrams or ounces, but rather with C’s and Xs’. It may be confusing, but understanding the actual ratios will help to explain why some people believe these products are homeopathic scams.
Arnica Montana is listed at 3C, as is Bryonia. This actually means that they contain one microgram per milliliter, or 0.1 milligrams per each bottle. For reference, a similar bottle of cough syrup with non-homeopathic ingredients would contain 100 milligrams of cough suppressant and 2000 milligrams of expectorant chemicals. There is no indication that these materials would work so well in much tinier concentrations. All of the other ingredients are listed as less than one milligram.
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Monday, 10 December 2012 07:00 |
Follow us on Twitter and Facebook for the latest Class Action Lawsuit Settlement News! Pella ProLine Window Class Action Settlement By Mike Holter
 A federal judge has preliminarily approved a class action lawsuit settlement with Pella Corporation over allegations its ProLine series of windows are defective and allow water to seep in and rot the surrounding wood. Homeowners that have or had a structure containing Pella ProLine windows, casement or awning manufactured between 1991 and 2006 can receive a cash payment of up to $750 per structure, in addition to other class action settlement benefits.
The Pella ProLine settlement will resolve a 2006 class action lawsuit, titled Saltzman, et al. v. Pella Corp., et al., that alleges the windows contain a design defect that allows water to seep behind the aluminum cladding and cause wood rot. Many of these windows are no longer under warranty, so the class action lawsuit is hoping to remedy the losses Pella window owners suffered as well as to extend the ProLine windows’ warranty.
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Monday, 10 December 2012 19:49 |
Follow us on Twitter and Facebook for the latest Probiotic Supplement Class Action Lawsuit Settlement News!Natren Target of Probiotic Supplement Fraud Class Action Lawsuit Investigation
By Sarah Pierce
 Probiotics have become the latest health craze to hit American grocery stores and pharmacies. The trend started with probiotic-enhanced food such as yogurt and health drinks and now encompasses probiotic supplements that are designed to be taken every day.
The goal of probiotics is often to support a healthy immune system or promote healthy digestion. The problem with these types of homeopathic remedies is that probiotics are not regulated by the FDA, which means there’s no guarantee of what kind of bacteria you’re actually getting nor if the product contains sufficient enough amounts of probiotics to work as advertised.
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