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July 08, 2011

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Wells Fargo to Settle Loans Lawsuit

Lawsuit: Wyeth had Illegal Patents

UCLA Employees Caught Viewing Medical Records

Daytona Beach Shores Settles Illegal Search Suit

Connecticut Hospital Settles $5.25 Million Lawsuit

Woman Raped in Juvenile Center, Suit Settled

CA Court Expands Policyholders’ Right to Sue Insurers

 

 

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Laws/Cases

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Wells Fargo to Settle Loans Lawsuit

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Wells Fargo has agreed to pay $125 million to settle a lawsuit over the sale of mortgage pass-through certificates. Holders of mortgage pass-through certificates are entitled to income payments from pools of mortgage loans or mortgage-backed securities. A group of pension funds brought a proposed class-action lawsuit against Wells Fargo and several underwriters in 2009, accusing them of misrepresenting the quality of loans in the pools.  Reuters, The Washington Post  07/08/2011

Read Article: The Washington Post    

 

Lawsuit: Wyeth had Illegal Patents

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A federal lawsuit filed this week in Mississippi claims a major pharmaceutical company made millions of dollars by misrepresenting clinical data and using sham litigation to maintain a monopoly over a drug used to treat depression and anxiety. Uniondale Chemists Inc., a retail pharmacy in Uniondale, N.Y., filed the lawsuit Tuesday in U.S. District Court in Mississippi against Wyeth LLC, which is now part of Pfizer Inc. The lawsuit claims the patent on Wyeth’s Effexor expired in June 2008 and the drug maker fraudulently obtained three patents on extended-release versions.  Associated Press, The Washington Post  07/08/2011

Read Article: The Washington Post    

 

UCLA Employees Caught Viewing Medical Records

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The UCLA Health System has agreed to pay $865,500 after hospital employees allegedly accessed celebrity patient records without their permission. Complaints came over a five-year period from 2005 to 2009 during which "hospital employees were repeatedly caught and fired for peeping at the medical records of dozens of celebrities." One unnamed employee allegedly sold information from patient records to the news media. As part of the settlement with federal investigators, UCLA will be required to create a plan detailing ways to curb future breaches.  Molly Hennessy-Fiske, LA Times  07/07/2011

Read Article: LA Times    

 

Daytona Beach Shores Settles Illegal Search Suit

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Six female employees at gentlemen's club in south Florida will receive $195,000 as part of a settlement in a lawsuit they filed against the city of Daytona Beach Shores and police officers who conducted illegal strip searches. The lawsuit claimed that police officers used an illegal search warrant to raid the club in 2009 and search every club member, including the plaintiffs, who were not named in the arrest affidavits. The suit also claimed the women were forced to strip in front of male officers, which is against the law.  Gary Taylor, Orlando Sentinel  07/07/2011

Read Article: Orlando Sentinel    

 

Connecticut Hospital Settles $5.25 Million Lawsuit

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New Milford Hospital in Connecticut has agreed to a $5.25 million settlement in a lawsuit filed by a woman whose leg had to be amputated after complications from a 2005 spinal surgery. The lawsuit claimed the hospital staff failed to treat various complications she suffered after the surgery, resulting in an amputation of her leg above the knee. The doctor who performed her surgery had a prior malpractice accusation on his record and is now retired.  Susan Tuz, Danbury News-Times  07/08/2011

Read Article: Danbury News-Times    

 

Woman Raped in Juvenile Center, Suit Settled

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The state of Washington has agreed to a $375,000 settlement in a lawsuit filed by a young woman at a state juvenile-detention center. In her lawsuit, the woman claimed she was raped in her cell by one of the center's security guards. The suit claimed the guard was not qualified for the position and had a history of inappropriate conduct with female employees.  Jeff Hodson, Seattle Times  07/07/2011

Read Article: Seattle Times    

 

Insurance

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CA Court Expands Policyholders’ Right to Sue Insurers

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An uptick in consumer protection lawsuits against CA insurance companies is expected in the wake of a state appellate decision allowing a policyholder to sue The Progressive Group of Insurance Companies over alleged unfair claims practices. A June 15 decision by the CA Court of Appeals created a new option for potential litigants aggrieved by an insurance company’s unfair business practices. A three-judge panel ruled that an insured was within his rights to sue Mayfield Village, Ohio-based Progressive, the fourth largest U.S. auto insurer, for alleged claims violations, so long as his claim was not under UIPA, codified at Ins. Code ยง 790 et seq.  Chris Rizo, Insurance Journal  07/07/2011

Read Article: Insurance Journal    


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