The Joint Policy Committee of the Societies of Epidemiology has issued a statement calling for a complete ban on the mining, export and use of asbestos.
Abbott Laboratories (“Abbott”) recently announced that it will pay $1.6 billion to settle various federal and state claims that it improperly marketed the prescription drug Depakote for off-label uses. Abbott will pay $800 million to resolve civil claims brought by the federal government and states, $700 million in criminal penalties, and another $100 million to states to resolve consumer protection claims.
As it approaches its one-year anniversary, the Consumer Financial Protection Bureau (“CFPB”) announced plans for overhauling the home mortgage market as a first step toward improving its fairness and clarity.
Johnson & Johnson (“J&J”) has purportedly reached a settlement with the Justice Department which will have the healthcare giant paying $2.2 billion to resolve unlawful marketing claims. The settlement would include a criminal fine of approximately $400 million for the unlawful promotion of the antipsychotic drug Risperdal.
Rex Hospital, based in Raleigh, North Carolina, has agreed to pay the federal government $1.9 million to settle Medicare fraud charges. The qui tam (or “whistleblower”) lawsuit alleged that hospitals were keeping Medicare patients overnight unnecessarily following a back procedure known as “kyphoplasty.”
The Consumer Financial Protection Bureau (“CFPB”) has submitted a proposed rule to the Federal Register that would create plain-English, more transparent mortgage disclosures.
Under the False Claims Act any person, business or entity that defrauds the federal government of the American taxpayers’ money can be reported by an internal whistleblower.
American Banker, the nation’s leading publication dealing with the banking industry, reported on mounting challenges to lenders’ alleged self-dealing with force-placed hazard or homeowner’s insurance.
Asbestos fibers are tiny, so small that individual fibers cannot be seen by the naked eye. For asbestos fibers to be visible to the human eye, there must be thousands or even millions of fibers in the air.
The British drug-maker GlaxoSmithKline agreed to pay $3 billion to settle claims related to illegal marketing of drugs. The U.S. government’s civil and criminal investigations of Glaxo related to multiple different drugs.
According to Bloomberg, Bank of America was sued in federal court in Florida over abusive practices with force-placed homeowner’s insurance.
More than 40,000 North Carolinians are residents in more than 420 nursing homes in our state. More than 70 percent of the state’s nursing homes are for-profit.