Shareholders Sue Over Boston Scientific Defibrillator Recall
Boston Scientific Defibrillator Recall. Boston Scientific is facing more fallout from its recent recall of implantable cardiac defibrillator and implantable cardiac resynchronization therapy defibrillator devices. This time, shareholders have filed suit claiming the company, along with some of its officers and directors, issued … [Read more...]
Mattel Toy Recalls Sparks Lawsuits by Shareholders, Angry Parents
Mattel Toy Is Facing Lawsuits For Violating Lead Standards. Mattel Inc. continues to be plagued by fallout from this summer’s massive toy recalls. In addition to a tarnished reputation, Mattel is facing dozens of lawsuits filed by parents whose children were exposed to the lead paint and dangerous magnets used in the recalled toys. … [Read more...]
Citigroup to Pay Billions to WorldCom Shareholders
Citigroup Agreed To Pay WorldCom Shareholders. Financial services giant Citigroup has agreed to pay $2.65 billion to settle class-action suits brought by investors who bought WorldCom Inc. securities before the telecommunications company's bankruptcy filing in 2002. Citigroup's brokerage division was a key backer of WorldCom … [Read more...]
Shareholders legal options in light of developments from MCI WorldCom
MCI WorldCom Shareholders Evaluate Their Legal Options. Parker & Waichman announces that it has added the "Notice of Class Action" to the website www.worldcomclassaction.com and www.mciclassaction.com. The "Notice of Class Action" contains the opt-out form necessary for current and former WorldCom (Pink Sheets: WCOEQ - News, … [Read more...]
