Archives for 2007

Nissans Being Recalled

November 26, 2007 By Lynn Fugaro 6 Comments

Nissan is currently recalling almost 700,000 Altima and Sentra cars due to problems with a sensor that could lead to engine stalling. Nissan Motor Co. spokeswoman, Jeannine Ginivan said there have, thus far, been no reports of crashes or injuries tied to this issue. The Japanese automaker said in a letter to the National Highway Traffic Safety … [Read more...]

Company Increases Amount Paid for Faulty Medical Equipment

November 26, 2007 By Lynn Fugaro Leave a Comment

Boston Scientific Corp. announced that it has agreed to increase the amount it will pay to settle thousands of heart patients' legal claims involving potentially faulty defibrillators by $45 million.The increase means the medical device maker will pay as much as $240 million, instead of the $195 million from a settlement announced July 13, 2007 … [Read more...]

Mattel Being Sued For Failing to Report Toy Defects

November 21, 2007 By E. Sizemore Leave a Comment

Mattel is being sued by shareholders for allegedly delaying contacting federal regulators about possible toy defects. According to shareholders, Mattel regularly delayed notifying the CPSC about possible dangers, which in turn breaches the company's fiduciary duties to the shareholders by ignoring consumer protection laws and putting the stock at … [Read more...]

FDA Seizes Two Million Age Intervention Eyelash

November 21, 2007 By E. Sizemore 2 Comments

The FDA today announced a $2 Million seizure of "potentially harmful" cosmetic eye products sold by Jan Marini Skin Research Inc., of San Jose, CA under the brand name Age Intervention Eyelash.According to the FDA, Age Intervention Eyelash may lead to vision loss. This is especially dangerous with patients using certain prescription drug … [Read more...]

Chantix – Varenicline and Suicidal Thoughts

November 21, 2007 By E. Sizemore 93 Comments

The FDA today announced ongoing safety reviews of the drug varenicline, marketed as Chantix and designed to help smokers quit smoking. You may remember the drug's commercials with the rabbit and the turtle / tortoise in a race.The early communication by the FDA about this ongoing safety review has to do with the possibility of increased suicidal … [Read more...]