Daily Archives: May 7, 2012 - 3 results

Abbott Laboratories Inc. pleaded guilty and agreed to pay a $1.5 billion settlement for the company’s off-label promotion of anti-seizure drug Depakote. Depakote may be used only for epileptic seizures, bipolar mania and migraines. The company paid millions in illegal “rebates” to pharmacists to recommend it to elderly dementia patients and to treat schizophrenia. The drugs caused dehydration, anorexia and sleepiness in nursing home patients. It was the second largest payment by a drug company – and includes a criminal …

The American Civil Liberties Union of Pennsylvania has launched a lawsuit challenging a state law that requires voters to show photo identification before they are allow to cast their ballot, claiming that residents who have voted for decades will be disenfranchised. Plaintiff who marched with Martin Luther King lacks documentation required to vote in November Law expected to turn poor, minority, elderly and college-aged voters away from polling places Estimates of how many people to be affected range from 80,000 …

America’s foreclosure crisis may have peaked across much of the country – though tough times are far from over, according to data released this week by CoreLogic. In the first three months of this year, 198,000 homes were foreclosed upon – down 14.7 percent from the same quarter in 2011. And the number of borrowers who are past-due on their mortgages is at its lowest point since July 2009, said Mark Fleming, chief economist for CoreLogic. And in areas where …