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Health care fraud: seminal whistleblower lawsuit settles

Whistleblowers play an important -- and often personally risky -- role in spotlighting and reducing corporate wrongdoing that occurs across the country and defrauds the general public in a material way.

Stories commonly surface, for example, of whistleblower litigation commenced in response to fraud occurring in the securities industry. In the broader business realm, too, it is often whistleblowers who point out malfeasance that steals millions from government coffers in projects involving state and federal contracts.

Product liability woes continue unabated in tragic air bag saga

Criminal and civil backlash have been an unremitting constant in the wake of initial stories that now go back several years concerning air bag defects on a massive global scale.

Just how big was -- and continues to be -- the fallout from exploding air bags made by Japan-based manufacturer Takata Corporation?

That drug was approved by the FDA. Why the new warnings now?

It seems reasonably logical to lead off today's blog post with the proverbial glass-half-full-or-empty query that often accompanies head-scratching realities.

The spotlight today is on regulatory approvals of drugs offered to American consumers.

Proposed Class Demands Docs in Namenda Antitrust Suit

The high costs of health care is a major issue in the U.S., which was highlighted in 2015 when Turing Pharmaceuticals notoriously increased the price of the drug that is used as the standard of care for treating a life-threatening parasitic infection from $13 to $750 overnight. When drug companies monopolize a drug through patents, it makes it extremely hard to maintain affordable prices, which becomes particularly unjust when dealing with people's health. Luckily, antitrust laws can help remedy this effect of monopolized drugs.

Feds intervene in health care fraud whistleblower lawsuits

What do you do if you are a billing employee for a health care entity in Connecticut or elsewhere -- a doctor's office, say, or a hospital, clinic, pharmacy, medical device maker, pharmaceutical manufacturer or other participant -- and you note an incongruity between a product or services code and what a patient or other party actually received?

Do you promptly flag the disconnect and fix it?

Product liability focus: SCOTUS lets lower-court's GM ruling stand

General Motors' executives and shareholders have been decidedly unhappy for over a week now, in the wake of a U.S. Supreme Court action that essentially crushed hopes that the behemoth automaker might escape future liability that could potentially cost the company a flatly astronomical amount of money.

Actually, it was the high court's inaction that now has GM principals in what is undoubtedly a state of despair, if not near panic.

Mega national pharmacy chain embroiled in false claims scandal

National pharmacy chain giant Walgreen Co. employs some quite catchy word play to create an upbeat imagery-laden buzz about the company. Walgreens is, allegedly, "at the corner of happy and healthy."

Here's the deal, though: The iconic company is also at the center of controversy, given recent media accounts focused upon what two whistleblowers -- a Walgreens pharmacist and technician, respectively -- contend was unlawful behavior sanctioned at the corporate level that defrauded American taxpayers of many millions of dollars.

Legal loophole allows faulty air bags back into salvage vehicles

We haven't heard very much in recent months about the federal government's largest auto product recall in history. It wasn't all that long ago that nearly every major news outlet had at least one headline offering up the latest bad news regarding Takata air bags. Age and the environment have not proven kind to certain models of these crash safety devices. As a result, many of them have come to be deadly defective products.

Unless you have been on another planet, chances are you are aware of the issue we're talking about. It's not just a Connecticut problem. It's national in scope. At last word, some 69 million of the bags are under government recall because of faulty inflation systems. Chemical propellants in the bags have been found to become so unstable over time that they ignite with so much force that canister shrapnel enters the passenger compartments of vehicles. At least 16 deaths and 180 injuries have been attributed to the defect.

Wal-Mart and Investors Contest Privileged Docs Regarding Bribery Scandal

On April 21, 2012, the New York Times published an article concerning Wal-Mart Stores Inc. ("Wal-Mart" or the "Company") covering up a bribery campaign in Mexico. An internal Wal-Mart investigation had revealed widespread bribery. The story led to a steep decline in Wal-Mart's stocks, and because the investors were misled about the bribery, they sued the Company for violating U.S. securities laws. The shareholders are being led by a pension fund, City of Pontiac General Employees' Retirement System ("PGERS").