Legal Headlines

Consumer Fraud

INSURANCE JOURNAL | January 11, 2008
A settlement has been reached involving theft by an insurance agent employed by Allianz Life Insurance Company of North America.



Consumer Fraud

THE ASSOCIATED PRESS | January 10, 2008

The state of Alabama will receive almost $7 million from a settlement with two drug manufacturers, who were defendants in a lawsuit the state filed against more than 70 pharmaceutical manufacturers.




Consumer Fraud

THE ASSOCIATED PRESS | January 9, 2008
The sub-prime mortgage scandal is far from over. In fact, it's now affecting large banks all over the world. Recently, UBS has announced a $10 billion write-down tied directly to the fall in the value of its assets backed by American sub-prime mortgages.



Consumer Fraud

THE ASSOCIATED PRESS | January 7, 2008
Billionaire investor Warren Buffett has long been revered in the business world, but his importance at a trial involving the world's largest insurer is hotly contested.



Consumer Fraud

HOUSTAN CHRONICLE | January 2, 2008

At one moment, Jeanine Brown is selling Ronco knives. Five minutes later, she's answering questions about the secrets of getting rich from real estate foreclosures. Brown is an agent for LiveOps, a company based in Palo Alto, Calif., with a national network of 16,000 operators who work from home answering the phone for TV infomercials.




Consumer Fraud

FULTON COUNTY DAILY REPORT | December 6, 2007
A nationwide class action over credit life and disability policies, which are insurance policies that consumers buy when they take out retail loans, has been settled for $45 million in a Georgia state court.



Consumer Fraud

THE MONTGOMERY INDEPENDENT | December 5, 2007
The Alabama Supreme Court, by tossing nearly 99 percent of a $3.6 billion verdict against ExxonMobil, the world's, largest publicly traded oil company, has refused to play Santa to state taxpayers.



Consumer Fraud

THE WALL STREET JOURNAL | December 5, 2007
The office of the New York State Attorney General filed a civil lawsuit recently contending that the nation's largest mortgage and property services corporation.



Consumer Fraud

REUTERS | December 4, 2007

Pharmaceutical companies AstraZeneca and Bristol-Myers Squibb Company have been ordered to pay double damages in a case over false mark-ups of U.S. drug prices through 2003.




Consumer Fraud

THE BIRMINGHAM NEWS | November 28, 2007
Lawsuits filed in Birmingham's federal court in recent months claim that popular restaurants, a movie theater chain and a ticket ordering service have violated a law that limits the amount of credit card information companies can print on customers' receipts.