Legal News Watch - Consumer Rights Blog

Entries from October 2004

Securities Class Action Lawsuit Filed Against AIG

October 30th, 2004 · 4 Comments

A class action lawsuit on Friday was filed against American International Group (AIG) and three AIG executives, on behalf of all people who purchased AIG securities between October 28, 1999 and October 13, 2004, the law firm Stull, Stull & Brody said in a press release.
Defendants named in the suit include AIG Chief Executive [...]

Tags: Securities Fraud

Report: Patients Taking Crestor Have Higher Rate of Kidney Damage

October 30th, 2004 · 3 Comments

Patients taking the cholesterol drug Crestor have a higher rate of kidney failure or damage than patients taking all other statin drugs (Lipitor, Zocor, Lescol, Pravachol and Mevachor), according to a Public Citizen analysis of government data.
In a press release, Public Citizen, a consumer advocacy group, said that it sent the information on Friday to [...]

Tags: Crestor

ERISA Class Action Lawsuit Filed Against Marsh & McLennan

October 26th, 2004 · No Comments

A class action lawsuit was filed on October 22, 2204 against Marsh & McLennan on behalf of all persons who, as of October 14, 2004, were participants in or beneficiaries of one or more of the retirement plans offered by Marsh, the law firm Lasky & Rifkind said in a press release on Monday.
The lawsuit, [...]

Tags: ERISA

Securities Class Action Lawsuit Filed Against Aon Corporation

October 26th, 2004 · No Comments

A class action lawsuit was filed against Aon Corporation on behalf of shareholders who purchased Aon securities, including common stock, between October 31, 2002 and October 18, 2004, the law firm Lerach Coughlin Stoia Geller Rudman & Robbins LLP said on Monday in a press release.
The lawsuit, filed U.S. District Court for the Northern District [...]

Tags: Securities Fraud

Vioxx Class Action Lawsuit Filed Against Merck in Kentucky

October 25th, 2004 · 1 Comment

Kentucky law firm Getty & Mayo filed a consumer fraud class action lawsuit against Merck & Company, alleging that the company deceived consumers by promoting the popular arthritis drug Vioxx in its advertising as a safe and reliable painkiller, when it knew there were safety risks associated with the use of the drug, the law [...]

Tags: Vioxx

Securities Class Action Filed Against Merck Over Vioxx Recall

October 23rd, 2004 · No Comments

A class action lawsuit was filed on October 1, 2004 against Merck & Company on behalf of shareholders who purchased Merck securities, including common stock, between October 30, 2003 and September 29, 2004, the law firm Wolf Haldenstein Adler Freeman & Herz LLP said in a press release.
The lawsuit, filed in U.S. District Court for [...]

Tags: Vioxx

Consumers File Nexium Class Action Lawsuit Against AstraZeneca

October 21st, 2004 · 5 Comments

Europe’s second-largest drugmaker AstraZeneca is being sued by a coalition of consumer activists who claim its blockbuster heartburn drug, Nexium, the Purple Pill, is no more effective than its over-the-counter drug Prilosec.
The coalition on Monday filed a class action lawsuit against AstraZeneca, alleging that the company sought to reserve its market share and profits as [...]

Tags: Nexium

Canadians File Vioxx Class Action Lawsuit

October 19th, 2004 · No Comments

Lawyers representing Canadians who used the popular arthritis drug Vioxx filed a national class action lawsuit against Merck & Company on behalf of all patients who suffered from cardiovascular complications including heart attack and stroke.
Toronto law firm Rochon Genova LLP filed the lawsuit in Ontario Superior Court of Justice. Four other class actions have been [...]

Tags: Vioxx

Pfizer Says Bextra May Increase Risk of Heart Attack and Stroke

October 18th, 2004 · 9 Comments

Pfizer, the world’s largest drugmaker, on Friday warned doctors that its arthritis drug Bextra might increase the risk of cardiovascular events, including heart attack or stroke, in coronary bypass surgery patients.
The news comes just two weeks after Merck pulled its arthritis drug Vioxx from all worldwide markets after a study confirmed that it increases [...]

Tags: Bextra

N.Y. Attorney General Accuses Insurance Industry of Price-Fixing

October 15th, 2004 · No Comments

Attorney General Eliot Spitzer on Thursday filed a lawsuit against the world’s largest insurance broker, Marsh & McLennan Cos., alleging that it steered unsuspecting clients to insurers with whom it had lucrative payoff agreements, and that Marsh solicited rigged bids for insurance contracts.
“The insurance industry needs to take a long, hard look at itself,” Spitzer [...]

Tags: Price-Fixing