What’s Wrong With THIS Picture? Emasculating the SEC is NOT Good for the Country
By WBE | 6.23.2011 | Columns,For Businesses,For Consumers,For Investors,Hall Of Shame,In The News,Ken Wexler,You Should Know
I picked up the Financial Times this morning. Like the Wall Street Journal, it has a series of short paragraphs (blurbs) in a column on the left-hand side of the first page. The top one was ...
Women File Class Action Against Bayer for Gender Discrimination
By WBE | 4.27.2011 | Hall Of Shame,In The News,You Should Know
It looks like Wal-Mart isn’t the only company under fire for engaging in discrimination against its female employees. Recently, 6 women filed a class action against Bayer for gender ...
By WBE | 4.6.2011 | For Consumers,Hall Of Shame,In The News,You Should Know
Fifteen customers have sued Clearwire for allegedly throttling their Internet connection speeds.
Clearwire's website previously advertised its unlimited data usage:
Usage is ...
Former Colonial Bank Exec Admits Role in Fraud Scheme
By WBE | 4.5.2011 | For Businesses,For Investors,Hall Of Shame,In The News,You Should Know
Catherine Kissick, former senior vice president at Colonial Bank, pleaded guilty to a conspiracy that defrauded about $970 million from investors and the government. She faces up to 30 years in ...
NY Mets and JP Morgan Sued for Alleged Ties with Madoff
By WBE | 3.2.2011 | Columns,Hall Of Shame,In The News,Ken Wexler
Bernie Madoff bankruptcy trustee Irving Picard, who is attempting to recover assets for the victims of Madoff’s illustrious ponzi scheme, has sued the New York Mets and JP Morgan Chase for their ...
Hall of Shame: Illinois Director of Insurance Michael T. McRaith – A Postscript
By WBE | 2.28.2011 | Columns,For Consumers,Hall Of Shame,Ken Wexler,Villain Of The Week,You Should Know
On December 2, 2010, I commented on the outrageous conduct of Illinois’ Director of Insurance Michael T. McRaith. He had “settled” the investigation of a life insurance broker (Merrill Lynch ...
Last week, Oregon Attorney General John Kroger sued health care conglomerate Johnson & Johnson for allegedly leaving eight-capsule packets of defective Motrin on Oregon store shelves for ...
Say It Ain’t So: CSX Sues Asbestos Law Firm for False Claims
By WBE | 1.20.2011 | Hall Of Shame,In The News,You Should Know
The United States Court of Appeals for the Fourth Circuit recently revived a lawsuit brought on by CSX Transportation against the Pittsburgh law firm of Robert Peirce Associates, accusing the ...
The Gloves Come Off: PIMCO to Settle in Bond Market Manipulation Suit
By WBE | 1.18.2011 | Columns,Hall Of Shame,In The News,Ken Wexler
Pacific Investment Management Company (PIMCO) recently agreed to pay $92 million to settle a class action alleging manipulation of the futures market. As is typical when a party ...
Dean Foods to pay $30 Million in Antitrust Settlement Funds
By WBE | 1.11.2011 | For Consumers,Hall Of Shame,In The News,You Should Know
A proposed class action settlement has been reached between Northeastern dairy farmers and Dean Foods, a national milk processor. In the lawsuit, pending in Vermont federal court, plaintiffs ...
By WBE | 12.23.2010 | For Consumers,Hall Of Shame,In The News,Public Victories,Villain Of The Week,You Should Know
Thirty-nine states have filed a lawsuit against Dannon for exaggerating the health benefits of its products. Dannon will pay $21 million over false statements promoting the digestive and immune ...
By WBE | 12.9.2010 | For Businesses,For Consumers,Hall Of Shame,In The News,Uncategorized,Villain Of The Week,You Should Know
In Indianapolis, Rolls-Royce Corp. concealed reoccurring defects at an aircraft engine plant, and then fired a safety official for reporting the problems.
Thomas McArtor filed the ...
