Archive > April 2010

Drug maker AstraZeneca to pay $520 million

admin » 28 April 2010 » In Defective Products, FDA, Mass Tort, Verdicts » No Comments

Drug maker AstraZeneca to pay $520 million

The federal government on Tuesday reached a $520 million settlement with pharmaceutical manufacturer AstraZeneca, resolving allegations of illegal marketing of the company’s antipsychotic drug Seroquel.

At a news conference, Attorney General Eric Holder and Health and Human Services Secretary Kathleen Sebelius made the case a centerpiece of the federal government’s crackdown on health care fraud.

Emeritus News-AstraZeneca $520 Million Fraud Settlement

AstraZeneca allegedly marketed Seroquel for off-label uses — those not approved by federal drug regulators — including insomnia and psychiatric conditions other than schizophrenia and bipolar disorder.

U.S. Attorney Michael Levy of Philadelphia, where the settlement was filed, said that the company had “turned patients into guinea pigs in an unsupervised drug test.”

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Oil rig explodes off Louisiana coast; 11 missing

admin » 21 April 2010 » In Legal News » No Comments

Oil rig explodes off Louisiana coast; 11 missing

An explosion rocked an offshore oil drilling platform, sending a column of fire into the sky and touching off a frantic search at sea Wednesday for at least 11 reported missing.

Most of the 126 workers on the rig Deepwater Horizon were believed to have escaped safely after the explosion about 10 p.m. Tuesday, Coast Guard Senior Chief Petty Officer Mike O’Berry said.

The rig, more than 50 miles southeast of Venice on Louisiana’s tip, was still burning at midday Wednesday. It was tilting about 70 degrees and threatening to topple into the water. There was no estimate of when the flames might be out.

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Toyota fined record $16.4 million

admin » 19 April 2010 » In Defective Products, Recall » No Comments

Toyota fined record $16.4 million

Toyota Motor Corp. agreed Monday to pay a record $16.4 million fine for failing to properly notify U.S. authorities about a dangerous accelerator pedal defect, but denied allegations it broke the law.

Transportation Secretary Ray LaHood, announcing the largest-ever penalty paid by an automaker to the U.S. government, said that “by failing to report known safety problems as it is required to do under the law, Toyota put consumers at risk.”

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“I am pleased that Toyota has accepted responsibility for violating its legal obligations to report any defects promptly,” LaHood said, noting that the U.S. government was continuing to investigate “whether the company has lived up to all its disclosure obligations.”

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$2.6 million awarded in Chinese drywall suit

admin » 12 April 2010 » In Defective Products, Verdicts » No Comments

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$2.6 million awarded in Chinese drywall suit

The suffering may soon be over for some homeowners living with Chinese drywall.

A judge on Thursday awarded $2.6 million to seven Virginia families for damage to their homes caused by the sulfur-emitting drywall that corrodes electrical wiring, metal and more.

But the New Orleans federal judge took the case one step further by not only recommending that the drywall be removed, but also that the homes be gutted down to the studs, according to the Sun Sentinel.

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