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Cancer care provider 21st Century Oncology reached a preliminary $12.5 million settlement to resolve claims in multidistrict litigation regarding allegations the company neglected to protect the private information of millions of patients in a 2015 data breach.

Product recalls can have longer term effects on shareholders, including altering the company’s financial profile, hurting its performance in the market and harming its reputation. The company may also find itself facing potentially costly securities fraud litigation. Because the failure to handle a recall properly can have short- and long-term financial consequences, management should take extra care in how they handle their products and any recalls, not just out of respect for consumers but to mitigate the harms to the company’s investors. 

U.S. victims injured and the estates of those tragically killed due to certain Takata Airbag Inflator Defects on or before April 11, 2018, have until April 11, 2021 to file either a notice of claim or a completed claim form to be considered for compensation.

Six people were tragically killed and multiple others were hospitalized Jan. 28 due to a liquid nitrogen leak at a food processing plant in Gainesville, Ga.

In an ideal world, manufacturers would do a better job of making sure medical products are safe before they reach vulnerable patients. In the meantime, know that there are steps you can take to stay informed so that you can protect yourself as best you can when recalls are announced. Find answers to key questions such as why there was a recall, if the recall affects you, how the recall affects you and what to do once you learn of a recall.

The National Highway Traffic Safety Administration reported 881 vehicle recalls in 2019, affecting a staggering 38,583,951 vehicles. With hundreds of vehicle recalls issued each year, we face the very real problem of “recall fatigue,” a phrase that’s often used to describe consumer apathy due to the oversaturation of recall notices in the market. When consumers are no longer alarmed by recalls, they may be overwhelmed by them or recalls may become buried or ignored. This makes it easier for life-threatening defects to slip through the cracks.

The demand for long-term contraception has grown in recent years. There are many theories about the increase. Truthfully, the “why” of it all is deeply personal for each woman. It is, however, less important than our need to ensure the safety and efficacy of the birth control that so many women rely on.

A UH-60 Black Hawk helicopter carrying three National Guard members crashed Jan. 20, 2021 during what was described as a routine training exercise.

Motley Rice ranked as a National Tier 1 firm for Mass Tort Litigation / Class Actions – Plaintiffs, the highest rating for a firm in the 2021 edition of U.S. News – Best Lawyers® “Best Law Firms.”

A proposed class action filed by a former Morgan Stanley financial advisor alleges the wealth management group wronged him and other similarly situated FAs by withholding deferred compensation they’re entitled to under the Employee Retirement Security Act of 1974 (ERISA).