On August 21, 2014, the U.S. Department of Justice (“DOJ”) announced a $16.65 billion settlement with Bank of America in connection with charges of financial fraud in the lead-up to and during the financial crisis. According to the DOJ press release, the settlement represents “the largest civil settlement with a […]
Monthly Archives: August 2014
Human Safety Takes a Back Seat to Asbestos Profits in India
The World Health Organization, the International Labor Organization, virtually all of the world’s medical community and the credible scientific community have declared for years that no level of asbestos exposure is safe for humans. We’ve known for decades that asbestos exposure is the only cause of malignant mesothelioma, a horrible […]
Miners With Black Lung Wrongly Denied Benefits Based on Controversial Doctor’s X-ray Review
The Department of Labor has recently instructed more than 1,100 coal miners to re-apply for black lung benefits indicating that the miners may have been wrongly denied. The medical review of x-rays for these miners by a doctor at The Johns Hopkins Hospital has been called into question. According to […]
Community Health Systems, Inc. to Pay $97 Million to Settle Whistleblower Suits
Earlier this week, the US Department of Justice (DOJ) announced that Community Health Systems, Inc. will pay $97 million to resolve multiple whistleblower cases brought against the company under the False Claims Act. The global settlement will resolve seven qui tam (“whistleblower”) lawsuits brought in federal courts throughout the country. […]
Bank of America to Reportedly Pay $17 Billion in Mortgage Settlement
Reports surfaced this week that Bank of America and the U.S. Department of Justice have reached a tentative deal under which the bank would pay nearly $17 billion to resolve an investigation into its sale of toxic mortgage securities in the run-up to the financial crisis. It would represent the […]