Hundreds of Morgan Keegan investors are reviewing potential RMK Fund lawsuits to recover losses suffered due to the recent subprime mortgage crash. Regions Morgan Keegan (RMK) mutual fund managers overconcentrated their portfolios in highly vulnerable collateralized debt obligations without fully disclosing the extent of the investments… Read More
By Carl Saiontz
February 28, 2008 | 3 Comments
It has been estimated that as many as two million Americans each year suffer from bedsores in nursing homes and hospitals. In many cases, these bedsores lead to infections, resulting in serious injury or even death. With simple preventative strategies and proper care, the risk of… Read More
By Carl Saiontz
February 22, 2008 | 1 Comment
Investors in certain Regions Morgan Keegan funds have experienced substantial losses as a result of poor management and fraud. Morgan Keegan made unreasonable investment decisions and failed to adequately inform investors about the true nature of the risk they were exposed to. Over $1 billion in… Read More
By Carl Saiontz
February 15, 2008 | 2 Comments
Chattem, Inc. has issued a nationwide recall for their Icy Hot Heat Therapy products after receiving a substantial number of reports of serious skin problems, including third degree burns. The disposable air-activated heat patches could cause permanent skin damage after being applied to help ease muscle… Read More
By Carl Saiontz
February 12, 2008 | 4 Comments
Yesterday, the FDA notified the public about serious and potentially fatal reactions which have been associated with use of Botox and Myobloc. Botox side effects could be responsible for a number of hospitalizations and deaths, most of which involved children with cerebral palsy who were treated… Read More
By Carl Saiontz
February 9, 2008 | 6 Comments
A troubling story about a case of nursing home abuse in Ohio highlights the importance of facilities investigating reports of suspicious behavior by their employees. Former nursing home worker John Riems has been charged with raping and assaulting a paralyzed male patient, and according to police… Read More
By Carl Saiontz
January 31, 2008 | No Comments
As a result of substantial financial losses suffered following the subprime mortgage crash last summer, Morgan Keegan class action suits have been filed on behalf of investors who thought they were putting their money in relatively low risk bond funds. The lawyers at Saiontz & Kirk… Read More
By Carl Saiontz
January 28, 2008 | 3 Comments
Johnson & Johnson has issued a world-wide balloon catheter recall for a medical device used to open blocked blood vessels during a heart procedure known as PTCA, or percutaneous transluminal coronary angioplasty. The defective balloon catheters could fail to properly function, leading to a risk of… Read More
By Carl Saiontz
January 26, 2008 | No Comments
The FDA has issued a public health advisory regarding a recurring prescription drug error which has resulted in about a dozen deaths for children and adults who were given the wrong medication. Edetate Disodium and Edetate Calcium Disodium, which are both commonly referred to and prescribed… Read More
By Carl Saiontz
January 18, 2008 | No Comments
In November 2007, the U.S. Centers for Medicare and Medicaid Services (CMS) released a list of the 54 worst nursing homes in America. The list of the poorest performing homes was pulled from a complete report containing 128 "special focus facilities," which are subject to more… Read More
By Carl Saiontz
January 11, 2008 | 3 Comments