Tag Archives: product liability
Families of those killed by GM defect to receive at least $1M
In a press conference held in Washington D.C. on June 30, compensation expert for General Motors (GM) Kenneth Feinberg announced the company’s plan to provide at least a million dollars for each death associated with GM’s defective ignition switch, the International Business Times reported. On top of the $1 million is a summation of the… Read More »
NuvaRing’s multi-million settlement to stand
Last February, pharmaceutical giant Merck agreed to pay $100 million to settle accusations that its contraceptive ring NuvaRing can cause fatal health risks. Merck had an option to reject the agreement if less than 95% of the legitimate claimants failed to participate in the deal, USA Today reported on June 5. However, an announcement… Read More »
GM seeks to reject liability claims linked to “old GM”
According to an article by the Detroit Free Press, General Motors is seeking protection from all product liability claims associated with incidents that transpired before it went out of bankruptcy. The plan was made public after the vehicle manufacturer issued an appeal to delay litigation over a class action lawsuit until a federal judge decides on… Read More »
Wal-Mart recalls table and chair sets due to fall hazards
The U.S. Consumer Product Safety Commission (CPSC) announced Thursday, January 2, that Wal-Mart Stores Inc. is recalling more than 73,000 Mainstays five-piece card table and chair sets following 10 injury reports, including a case of finger amputation. The CPSC stated that the chairs can suddenly collapse, potentially causing fall hazards that might lead to… Read More »