- Staff Writer | May 03, 2007 2:29 PM | Mobile, AL
Category:
Miscellaneous
Allegations against Allianz Life Insurance Company of North America assert that the company conspired with a network of insurance sales agents to induce people 65 or older to purchase deferred annuities by means of misleading statements contained in the uniform sales materials. More specifically, the allegations are that Allianz failed to disclose facts that would have revealed its deferred...
- Billy Cunningham | March 13, 2009 10:53 AM | Mobile, AL
Category:
Miscellaneous
Last week I wrote a blog on labor and materialmen liens and suggesting to contractors and suppliers that they protect themselves before getting into construction project. What happens in other...
- Pete Burns | March 16, 2009 10:15 AM | Mobile, AL
Category:
Miscellaneous
We are justifiably outraged that AIG is paying $165,000,000 in bonuses to its executives while taxpayers have paid $170 billion to bail AIG out. AIG says it is contractually obligated to make these...
- Chrissie Cole | March 08, 2008 3:45 AM | Mobile, AL
Category:
Miscellaneous
A lawsuit filed by Florida's Attorney General, against a Jacksonville furniture company, will prohibit the business from operating in Florida.The lawsuit, filed against Leather Depot, alleges the company is in violation of a prior business litigation settlement and is involved in deceptive business practices.In April 2006 Leather Depot settled with the Attorney General over complaints from...
- Chrissie Cole | January 15, 2008 12:20 AM | Mobile, AL
Category:
Miscellaneous
The city of Cleveland has filed a public-nuisance lawsuit against 21 of the biggest subprime mortgage lenders, such as Ameriquest Mortgage Co., seeking damages due to a huge increase in foreclosures.Filed Thursday, in Cuyahoga County Common Pleas Court, the lawsuit alleges the banks created a foreclosure crisis, following subprime mortgages that have left the city to sustain hundreds of millions...
- Chrissie Cole | September 09, 2007 9:16 PM | Mobile, AL
Category:
Miscellaneous
Terry Goddard, Arizona Attorney General, has joined forces with a group of other state prosecutors to form a national task force to investigate subprime-lending practices.Goddard compared the newly created task force to the one started a few years ago by state attorneys general that investigated predatory lending. That effort led to a $325 million settlement with subprime lender Ameriquest.At...
- Staff Writer | December 29, 2006 1:58 PM | Mobile, AL
Category:
Miscellaneous
A former executive for Johnson & Johnson subsidiary Ortho-McNeil is suing the company after being fired. The ex-VP claims that the company fired him unjustly after he continually expressed safety concerns about a number of their drug products, including the Ortho Evra birth control patch.
- Staff Writer | August 09, 2006 2:12 PM | Mobile, AL
Category:
Miscellaneous
An increasing number of lawsuits against the nation's top three credit bureaus, Equifax, TransUnion, and Experian allege they are "damaging credit worthiness" of consumers through inaccurate credit reports. Various consumers and lawyers agree that erroneous reports are best handled through litigation and complaints have increased significantly nationwide. Three SC class-action suits allege that...
- Staff Writer | July 23, 2006 2:15 PM | Mobile, AL
Category:
Miscellaneous
A lawsuit over AT&T's cooperation with a government surveillance program will still proceed after federal judge Vaughn Walker rejected the Bush administration's motion to dismiss. In a separate motion, AT&T argued that their government relationship exempted them from prosecution. Judge Walker also rejected that motion, adding that the rulings did not reflect his confirmation of the accusations.
- Staff Writer | July 11, 2006 2:20 PM | Mobile, AL
Category:
Miscellaneous
Trial lawyers allege that Allstate Insurance bullies policyholders with unreasonable ultimatums. The issue centers on a policy-handling scheme in which victims are given low-ball settlements or are forced to face costly, lengthy litigation. Allstate denies all charges but may face a $800M class action lawsuit.