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2.1 Million Cribs Recalled due to Infant Entrapment and Suffocation, Two NY Children Dead
The U.S. Consumer Product Safety Commission (CPSC) and Stork Craft Manufacturing Inc. announced a recall of more than 2.1 million Stork Craft drop-side cribs due to incidents of the drop-side detaching, causing injuries, entrapments and the death of
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OSHA’s Top 10 Workplace Safety Violations 2009
The U.S. Department of Labor's Occupational Safety and Health Administration (OSHA) released the agency's preliminary Top 10 Safety Violations for 2009 as part of a presentation for the National Safety Council 2009 Congress & Expo last month.
"W
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Congress Introduces New Legislation To Create An Agency To Oversee Financial Regulation
The U.S. House of Representatives Financial Services Committee has recently approved a federal agency to regulate home loans, credit cards, savings accounts and other financial services despite complaints from banks and commercial businesses. The
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Hedge Fund Losses
Napoli Bern Ripka LLP is currently seeking clients who have incurred losses due to mismanagement of their capital by hedge fund managers. Since the well-publicized blow-up of Long-Term Capital Management in 1998 and the bursting of the tech bubble
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Speculative Investing vs. Non-Speculative Investing
In determining whether or not you may have a claim for your investment loss, you should think about whether or not your lost investment was speculative or non-speculative. Speculative investments are those investments that carry significant risk afte
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NY Company Recalling Ground Beef Due To E. coli Contamination and Link to Illness
Fairbank Farms of Ashville, NY, is voluntarily recalling approximately 545,699 pounds of fresh ground beef products that may be contaminated with E. coli O157:H7, the U.S. Department of Agriculture's Food Safety and Inspection Service (FSIS) announce
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Steamroller Crushes NJ Construction Worker
New Jersey State Police are investigating a construction accident on Route 287 in Edison, which has left one worker critically injured.
About 3:30 a.m. on Friday, Nehal Master was measuring part of the roadway during a highway lane-paving project on
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$9.75M Awarded to NJ Turnpike Wreck Widow but Guardrail Safety Questionable
The New Jersey Turnpike Authority has not repaired a faulty guardrail, say attorneys for Kristin Sweeney who was awarded a $9.75 million dollar settlement in the death of her husband.
Patrick Sweeney died in an April 2006 accident near Teaneck on th
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MSHA Proposes $504,900 in Penalties Against PA Mine Operator
October 20, 2009
Mount Carmel, PA - The U.S. Department of Labor's Mine Safety and Health Administration (MSHA) has proposed $504,900 in civil penalties against UAE Coalcorp Associates, which operates the Harmony Mine in Northumberland County, PA in
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Baby Food Recalled Due to Potential Botulism Poisoning
October 19, 2009
Plum OrganicsTM has voluntarily recalled its Apple & Carrot Baby Food in Portable Pouches. The recall involves a particular batch of Plum Organics 4.22oz. Apple & Carrot Portable Pouch baby food with the best by date May 21,
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FDA Fears Patient Radiation Overexposure from CT Brain Perfusion Scans Widespread
The U.S. Food and Drug Administration (FDA) released a notification to hospitals, CT scan facilities and medical professionals on October 8, 2009 encouraging every facility performing CT imaging to review its CT protocols and be aware of the dose ind
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Denture Creams Super Poligrip and Fixodent May Cause Neurological Damage
Thirty four million Americans have dentures and about one third utilize denture cream to secure dentures in the mouth. Users of denture creams are being warned that zinc in certain products has been linked to neurological damage.
Zinc is an essentia
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European Committee Gives Positive Opinion for Multaq in Treating AF
Last week the Committee for Medicinal Products for Human Use (CHMP) a part of the European Medicines Agency (EME) gave their positive opinion for Multaq to be marketed in the European Union. The medication known as dronedarone, would be available in
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Nexavar Gives Hope to Breast Cancer Patients
Recently Bayer HealthCare AG and Onyx Pharmaceuticals, Inc. provided the results of their collaborative double-blind placebo controlled Phase II clinical trials regarding the combination of Nexavar with capecitabine in the treatment of breast cancer.
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European Center for Disease Prevention Focuses on Multi Drug Resistant Bacteria
There is an urgency developing in the fight against bacteria. Antibiotics are becoming more and more defenseless especially when even using multiple antibiotics to fight against them. Therefore, newer and stronger formulas need to be developed.
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Lilly Working with Research Team in Taiwan to Fight TB
The Lilly TB Drug Discovery Initiative will be working with a research institution in Taiwan, Academia Sinica, in order to screen new drugs used to treat tuberculosis (TB). The disease seemed to have been a thing of the past as it was prevalent in th
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International Diabetes Federation Joins Experts from around the World
The 20th World Diabetes Congress will be held in Montreal October 18-22, 2009. This is one of the largest medical conferences in the world and more than 15,000 delegates attend the event. Top professionals in the field of diabetes from around the wor
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European Healthcare Recommends First Two H1N1 Flu Vaccines
Last week the European Medicines Agency (EMEA) gave their recommendation for two vaccines to combat the H1N1 or swine flu that is facing the world. This recommendation leads the way for mass vaccine programs to begin as soon as they are approved whic
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Regorafenib shows a solid breakthrough in Renal Cancer
Bayer Healthcare, a subsidiary of Bayer Inc., a world leader in pharmaceuticals and healthcare, announced findings on the phase II trial of Regorafenib, an aggressive kidney cancer medication. The results showed that of all the patients in the trial
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Major Biotechnical Experts Meet in Germany
On October 6-8 Hannover Germany will be host to Biotechnica 2009. The three day event is a showcase for exhibitors, professionals and speakers that highlight the latest discoveries, innovations and products in the biotechnical world.
One of the top
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Common Bacteria Used to Kill Hard-to-Reach Tumors
Salmonella, common bacteria found in chicken and eggs may actually be able to make a positive contribution to the medical field. Researchers in Germany have discovered that Salmonella can actually work its way through solid tumors and actually destro
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With Patent for Plavix soon to Retire Bristol Myers acquires Medarex
With the upcoming patent expiration of Plavix, its largest selling medication, in 2011, Bristol-Myers Squibb has acquired the biotechnology company Medarex for $2.4 billion. Elliot Sigal, the company's head of research and development, has stated at
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FDA logging into social media sites
Officially, the Food and Drug Administration has set a date in the fall of 2009 for a public hearing on how to deal with social sites like Facebook, Twitter, etc., but one has to ask, why? There is no doubt that many areas of selling drugs over the i
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FDA Succumbs to Pressure to Approve Knee Patch
This week the Food and Drug Administration admitted that the former commissioner of the FDA along with four congressmen from New Jersey influenced their decision to approve a patch that is used for knee injuries. The FDA has since had second thoughts
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Johnson & Johnson Recall Lots of Infant’s and Children’s Tylenol
Johnson & Johnson are recalling select lots of its children's and infant's Tylenol due to a possibility of contamination by bacteria. The affected lots are said to have been manufactured around April and June of 2008. There are 21 different versi
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New Quarterly Medication Approved to Treat Severe Plaque Psoriasis
The Food and Drug Administration gave approval earlier this week for a medication that will treat adult patients who suffer from moderate to severe plaque psoriasis. The medication, Stelara (ustekinumab), will be taken four times a year to control th
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New Tamper proof OxyContin shows promise to FDA
In Washington, the federal health officials for the FDA say a newer version of the often prescribed painkiller, OxyContin, is supposed to be harder to get addicted to and offers a few improvements over its original counterpart.
The Stamford, C
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Newest Aids Vaccine Sheds Some New Light
After six years of clinical trials on more than 16,000 Thailand volunteers the newest AIDS vaccine, the RV 144, was deemed a success. The vaccine is a combination of two genetically engineered vaccines that had not worked on humans in the past. In th
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Physician speaking fees: Information or Sales pitch?
Eli Lilly as well as many other drug manufacturers often pay physicians thousands of dollars as "Faculty" to teach other doctors about a variety of medications in use for their particular field. Although doctors need continuing education, many
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Revised information for Januvia and Janumet
The Food and Drug Administration (FDA) has asked the manufacturers of Januvia (sitagliptin) and Janumet (sitagliptin/metformin) to revise the information that it provides the patients who take it to control their diabetes. The revision is to reflect
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Credit Rating Agencies
The sub-prime mortgage crisis initially set off a wave of securities fraud claims alleging that investment banks and mortgage lenders failed to disclose material information regarding their sub-prime securities. While the full effect of the crisis is
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Life Settlement Securities
While the U.S. is still hurting from the mortgage meltdown, investment firms are offering a contemporary approach to investors in the form of life settlement securities. This is by no means a new method of investing. However, only recently have life
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Bacterial Contamination Prompts Recall of Children’s and Infants’ Tylenol
September 24, 2009
In consultation with the Food and Drug Administration (FDA), McNeil Consumer Healthcare is voluntarily initiating a recall of certain lots of Children's and Infants' Tylenol® liquid products.
The product website www.tyl
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New Child Booster Seat Law to Take Effect
New York - September 26, 2009 On November 24, New York law [Section 1229-c(1), NYS Vehicle &
; Traffic Law] takes effect and requires the use of booster seats or other appropriate child restraint systems for four, five and six year olds. A
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AMF Ultra Short Fund Subject of Fraud Investigation
Asset Management Fund's Ultra Short Fund (AMF) (NASDAQ: AULTX) has declined by more than 50% in value going the way of a number of ultra short bond funds this year: down the tubes.
Pitched as a conservative investment, AMF marketed itself as seek
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Morgan Keegan "Slammed" with $1.46 million verdict
NBA player Horace Grant "slammed" Morgan Keegan & Co. with a $1.46 million arbitration award on Tuesday, September 15, 2009. The amount is the largest arbitration loss for Morgan Keegan to date. Grant suffered damages as a result of his inv
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Gadolinium Contrast Agents - A Deadly View
Gadolinium contrast agents are used in MRIs (Magnetic Resonance Imaging) to help medical technicians view tumors, growths, cancers or other tissue and organ disorders that they would not ordinarily be able to view on a traditional x-ray. This clear l
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Avandia Increases Risk of Heart Failure of Death
Have you, a loved one, or friend taken Avandia and been injured? Avandia has been associated with heart failure, and in some cases, death. Avandia, which is manufactured by GlaxoSmithKline, is an oral diabetes medicine that helps control blood sugar
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Maximum Financial Investment Group Inc. Expelled by FINRA
An investment company and its CEO have been cited by the Financial Industry Regulatory Authority (FINRA) for repeatedly violating registration and rules that had to do with their foray into forex trading.
On August 21, 2009, FINRA expelled the Maxim
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Ameritus Investment Corporation Fined $100,000 by FINRA
FINRA, the Financial Industry Regulatory Authority, recently fined Ameritus Investment Corp. the sum of $100,000 for encouraging customers to purchase variable universal life insurance policies (VULs) by refinancing their homes or taking out home equ
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FINRA Charges J.P. Turner & Company for Unfair Commissions
In early July, 2009, the Financial Industry Regulatory Authority (FINRA) fined Atlanta firm J.P. Turner & Company $250,000 for not having a regulated system in place with regards to commissions charge to customers by their brokers.
FINRA acts as
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Securities Arbitration on the Rise
It is really no surprise that the Financial Regulatory Authority, or FINRA, has seen arbitration cases rise dramatically in the past few years. FINRA is the watch dog for over 5,000 financial brokerage firms across the country.
By May of 2009, there
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Finra
The Financial Regulatory Authority, also known as FINRA, oversees more than 5,000 investment brokerage firms across the country and they have seen a marked increase in arbitration cases. The cases range from breach of fiduciary duty, mishandling fund
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Breach of Fiduciary Duties
When a financial organization or securities company conducts business they have a fiduciary duty to give their clients the highest level of service. This fiduciary obligation is an unwritten rule that dictates that an investment company is not going
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Injured While Visiting or Staying in New York
During holiday or business trips to New York, with many visitors and tourists enjoying what New York has to offer, many people are injured as a result of automobile and trip and fall accidents, as well as medical malpractice. Unfortunately, most peop
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Chinese Drywall is Causing a Stink
In the fall of 2005, Florida and Louisiana were each struck twice by major hurricanes that created a massive amount of damage to homes and other property. Although this was a terrible thing, it created a boom in the housing industry in the form of re
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Zimmer Durom Cup
In 2006 the Zimmer Company developed the Durom Cup, a major component used in hip replacement surgery. The cup was made of cobal chromium alloy and was marketed especially for use in younger, more active people who would more than likely outlive a re
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Yaz
You would have thought that Bayer would have learned from its experiences with its first novel birth control pill, Yasmin. The company came under fire for promoting the birth control as being better than other birth control on the market. And they to
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Yasmin
Yasmin is a popular form of birth control that was developed by the Bayer Company as a different kind of birth control. Different it was alright. It had a different type of progestin called drospirenone. The company looked at it as a good thing even
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Reglan
Let's face it, there are commercials on the television every day regarding heartburn, acid reflux and many other gastrointestinal disorders. A pill or tablet is shown as the solution and it is meant to be taken right before or even after a meal to re
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Levaquin
The use of antibiotics has grown by leaps and bounds in the past decade. As each new illness comes on the scene stronger and stronger medications are being developed to control and cure these infections. The problem is the more illnesses and infectio
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Are You at Risk for Sexually Transmitted Hepatitis C?
Those who contracted Hepatitis C at Northern Westchester Hospital between October 8, 2007 and February 28, 2008 may have sexually transmitted this virus through intimate relations to spouses, lovers, and acquaintances. Unbeknownst to the i
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Exposure to Hepatitis C Could Spark Lawsuits
Today's news and newspapers uncovers Northern Westchester Hospital, in Westchester NY, as having potentially exposing 6,000 patients to Hepatitis C. The patients were injected with what they thought was Fentanyl, a painkiller. However, a surgic
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Intestinal Anastomotic Failures
If you've had abdominal surgery, or an intestinal-bowel-colon resection and it failed, it may be due to medical malpractice, product liability (such as the device that seals the ends malfunctioned or has a defective design), or both.
Increasin
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