The Federal Trade Commission’s warning last month to hundreds of mortgage lenders and brokers about their potentially deceptive advertisements is likely to spell more trouble for the mortgage industry down the road.
A recent slew of high-profile recalls has prompted calls for legislation that would give a shot in the arm to the faltering federal watchdog meant to police consumer goods, but experts say fixing the Consumer Product Safety Commission will take much more than a Band-Aid approach.
Boston Scientific Corp. has put up a fight against a motion by two plaintiffs to remove their product liability lawsuit over faulty implantable heart defibrillators to state court, taking aim at their argument that Guidant Corp. is no longer a defendant.
After months of high-profile recalls and political scrutiny, Mattel Inc. is now also facing a derivative suit by its shareholders, which on Wednesday accused the company of misleading investors by continually failing to report serious defects in its toys to federal regulators.
A jury ordered DuPont on Wednesday to foot the bills for Spelter, W. Va., residents’ medical monitoring in the wake of last week's finding that the chemical behemoth was negligent in its treatment of a contaminated 112-acre waste site there.
With too much junk science clogging up the system, more straightforward rules for the admissability of putative expert testimony are needed in product liability law, says WilmerHale's Roger W. Yoerges in our series of chats with high-profile product liability lawyers.
A package of bills geared toward boosting child safety by strengthening recall notification requirements, upping the civil penalty cap and adding safety provisions for certain products has passed the U.S. House of Representatives.
The Federal Trade Commission has targeted the makers of an infomercial for allegedly deceiving consumers by promoting a weight loss book that claims to be “easy” but relies on severe dieting restrictions and daily injections of a drug that has not been approved for weight loss by the Food and Drug Administration.
Merck and the patients who sued over its bone drug Fosamax are sparring over who should fund discovery requests in the multidistrict litigation.
Amid widespread criticism, the U.S. Department of Justice has voiced its intention to expand a year-long investigation into the suspicious billing practices of L. Tersigni Consulting PC in numerous asbestos-related bankruptcies.
After an eight-year legal battle, American Electric Power Corp. on Tuesday agreed to a record $4.6 billion settlement of an environmental lawsuit that accused it of spreading acid rain and smog across over a dozen states.
The United States Supreme Court has declined to weigh in on an Oklahoma class action lawsuit against Compaq Computer Corp., leaving in place a lower court ruling that certified a massive class of Compaq computer buyers.
The U.S. government has attacked copper producer Asarco LLC, accusing the mining company of using its bankruptcy to avoid enormous environmental liabilities.
Gas consumers across the United States' warmer regions stepped up their crusade against so-called hot fuel Monday when they filed a new 143-page, 39-count complaint in the multidistrict action now consolidated in Kansas.
Murphy Oil USA Inc., Liberty Mutual Insurance Co. and the plaintiffs who hope to hold the two companies liable for a fire that broke out at an oil refinery have filed a joint stipulation detailing the facts on which they all agree.
A federal judge has dismissed Taser International Inc. from a wrongful death and product liability lawsuit, ruling that a New Orleans policeman's use of a Taser electric stunner on a belligerent man did not cause the man's death.
Drug maker Eli Lilly and Co. has decided to put stronger product labels on its blockbuster antipsychotic treatment Zyprexa, adding new warnings about the potential for weight gain and elevated blood sugar or cholesterol levels.
A federal district court judge has paved the way for thousands of people to cash in on a $7 million settlement in a class action lawsuit stemming from a deadly January 2002 derailment of a Canadian Pacific Railway Ltd. freight train that released anhydrous ammonia into the air, killing one man and injuring hundreds more.
Firing back at allegations of negligence, Home Depot has rejected claims that it should be held liable for the alleged injury caused by Stand 'n Seal, a controversial grout sealant that once lined the store's shelves.
An appeals court has affirmed a lower court's ruling denying a bid by a group of companies that owned an airplane that crashed and killed three Army officers in Afghanistan to toss a wrongful death suit brought by the soldiers’ families.