By agreeing to cut prices by $80 billion over the next 10 years to close the Medicare Part D prescription drug doughnut hole and help pay for health care reform, the major pharmaceutical companies have admitted that they?ve been raking in way too much money. The drug...
Lawmakers call for hearings into “robo-signing” cases. By PALLAVI GOGOI and MICHELLE CONLIN NEW YORK — Lawmakers and enforcement agencies called for hearings and further investigation last week after learning that the illegal practice known as...
Mortgage Defaults Surge Higher By Kevin Chiu Mortgage defaults, the first step homeowners face in the foreclosure process, surged higher during the month of June demonstrating an bank owned increase in future anticipated foreclosures growing at the fastest rate in...
Her suit alleges bank’s error is ruining her credit. By Rene Stutzman, Orlando Sentinel 7:09 p.m. EDT, July 11, 2011 SANFORD — Wrenella Pierre is not dead, she insists. Her bank, however, disagrees. In November, Chase Bank USA sent her family a letter of...
By Curtis Cartier Mon., Jul. 11 2011 at 4:52 PM UPDATE: Representatives for both Chase Bank and Ikenna Njoku’s law firm Peterson Young Putra now confirm to Seattle Weekly that a settlement has been reached between Chase and Njoku for an undisclosed amount of...
Collections Agents Allegedly Used N-Word, Sexual Language in Voice-mails By ALICE GOMSTYN and DALIA FAHMY A jury has awarded a Texas man more than $1.5 million in a lawsuit over profane voicemail messages allegedly left by a collections agency. Allen Jones receives...
