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Part 7: Securities Fraud: When "good" Investments Disappear The nest egg stories Cases of investment and securities fraud come in many sizes. It is hard not to feel for middle aged and older individuals who have seen their life savings and pension investments shrivel or disappear while under the supposedly watchful eye of some third party.
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E-Cigarette Toxic Vape Ban Less Than Meets the Eye, Critics SayWashington, DC Effective February 6, a change in FDA policy banned sales of fruit, mint and dessert-flavored vape pods that were reportedly intended to attract teens. The effectiveness of this ban in protecting young consumers from e-cigarette health hazards remains in doubt, however. The ban does not affect menthol or tobacco-flavored pods, open-tank systems and thousands of flavored e-liquids not in pod form, including a disposable brand called Puff Bar that comes in flavors such as strawberry, cool mint and mango.
Discrimination Pervasive Despite California Labor LawSacramento, CA California has always been at the forefront of protecting individuals from workplace discrimination and employment laws. Despite the California labor law, within some groups, discrimination is pervasive.
Rantidine Recalls Stoke Zantac Cancer LawsuitsWashington, DC A cascade of recalls – by Sanofi, the manufacturer of Zantac and a collection of pharmacies that distribute the heartburn drug – is fuel to the fire of the Zantac cancer lawsuits now forming. Lawyers reportedly anticipate an explosion of Zantac lawsuits over the next several months.
Strippers Settle California Labor Lawsuit for $3.65 MillionRiverside, CA The District Court for the Central District of California has approved a $3.65 million settlement to end a California labor lawsuit that claims The Spearmint Rhino nightclub chain misclassified dancers as independent contractors in violation of the Fair Labor Standards Act (FLSA) and provisions of California Labor Law. The dancers, who "provided nude, semi-nude, and/or bikini entertainment," at the club’s locations since Oct. 30, 2017, will ultimately net about $2.6 million.
Bank of America Breached Customer Contracts, Charging Overdraft Fees on Non-Recurring TransactionsNew York, NY Cockrom v. Bank of America alleges that Bank of America (BofA) charged overdraft fees on everyday one-time purchases, like a cup of coffee or a tank of gas, even when its deposit agreements promised that overdraft fees would be levied only on recurring transactions, such as a mortgage payments. This is a new twist on bank overdraft fee lawsuits, but it’s a relatively simple scheme. There is nothing about the difference between “available balance” and “actual balance;” there are no delayed deposits and no selective check clearing. It’s a straightforward New York law breach of contract lawsuit.
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