Adderall, an attention-deficit hyperactivity disorder medicine, is rapidly becoming the drug of choice across college campuses for students who want to cram for an exam. The Associated Press reports that abuse of Adderall and similar prescription drugs has been growing over the past 10 years.
Last week, Adderall was pulled off the market in Canada by […]

A senior executive at Marsh & McLennan Companies Inc., and two American International Group employees pleaded guilty to criminal charges in connection with an ongoing investigation of fraud and bid rigging in the insurance industry.
All three defendants admitted to participating in a scheme that allowed Marsh, the nation’s largest insurance broker, to protect incumbent insurance […]

American International Group, one of the world’s largest insurance companies, said Monday it received two new subpoenas from New York Attorney General Eliot Spitzer and the Securities and Exchange Commission regarding some its products that might be used by companies to smooth earnings.
Spitzer’s subpoena is the latest salvo against the insurance industry. AIG was named […]

The U.S. Senate approved a bill on Thursday that would make it harder for Americans to hold companies accountable that violate state consumer, health, civil rights and environmental protection laws.
The so-called “Class Action Fairness Act” would move most class action lawsuits from state into already overburdened federal courts. Opponents of the bill claim it will […]

A West Palm Beach doctor and his wife filed a lawsuit Thursday against Merck & Co. and company sales representative Angie Henderson, claiming he developed heart damage as a result of taking the arthritis drug Vioxx.
Dr. Robert Plasko contends he suffered heart damage, rendering him permanently disabled, as a result of taking Vioxx. Dr. Plasko […]

What does Kool-Aid with sugar and fruit drinks with no added sugar like all-natural apple juice have in common? They may increase the risk of obesity in children, according to new research published in the February issue of Pediatrics.
Fruit juice does have vitamins, but the new U.S. dietary guidelines recommend that consumers switch to eating […]

The U.S. Department of Justice and the Environmental Protection Agency said today that a federal grand jury in the District of Montana has indicted W.R. Grace and seven current and former Grace executives for knowingly endangering residents of Libby, Montana, and concealing information about the health affects of its asbestos mining operations.
W.R. Grace and its […]

A federal appeals court ruled Friday that government cannot force the tobacco industry to surrender $280 billion in past profits that were allegedly earned by fraud from sales of cigarettes. The decision is a major setback for the government�s case, which is the largest civil racketeering trail in U.S. history.
The U.S. Court of Appeals for […]

A British Columbia man last week filed a class action lawsuit against drug maker Eli Lilly, alleging the company “purposefully minimized and understated health hazards and risks associated with Zyprexa.”
The Plaintiff alleges that his use of Zyprexa resulted in diabetes.
“Eli Lilly, through literature and oral statements, deceived potential users of Zyprexa and their physicians by […]

Pfizer Inc., the world’s largest drug maker, has acknowledged that a 1999 study found that elderly patients taking the drug were up to four times more likely to suffer heart problems than patients taking a placebo. But the disclousre of the study contradicts earlier statements by Pfizer over the saftey of Celebrex.
Concerns about the safety […]