A criminal case just concluded in Pensacola underscores the potential for the improper prescription of potent and addictive painkillers by Florida doctors. I have investigated the prescribing patterns of some Tampa Bay physicians and concluded that grossly negligent and reckless practices exist. In one civil action for medical malpractice I have uncovered a beautifully typed office record of...
According to an administrative order filed by the Securities and Exchange Commission, Stephen J. Horning, president of the failed Rocky Mountain Securities and Investments Inc. failed to take steps to avoid the financial collapse of the investment firm in February 2003. An administrative-law judge will hold a hearing to determine if the allegations are true. Horning, of Aurora, could face...
The Sports Authority's 18 percent gain led the rise of an index of Colorado stocks. Credo Petroleum Corp's stocks rose as well.
In December of 2004, Edward D. Jones entered into an Admission Waiver and Consent ("AWC") with the National Association of Securities Dealers (NASD) and was issued a Cease and Desist Order from the SEC, which resulted in fines totaling $75 million for failing to properly disclose to its clients the extent and nature of its relationship with what came to be known as "the Preferred Family of...
Among the numerous rules and regulations governing the securities industry, two stand out as guiding principals by which all business is to be conducted. One is to deal fairly, and the second is, "know your customer." The former is somewhat amorphous, a general precept that governs all actions; the latter is designed specifically to crystallize the proper relationship between the broker and the...
Securities Fraud can be defined as negligence or a misrepresentation or omission in connection with the purchase or sale of a security by an investment professional. Although everyone invests with the goal to increase worth, a losing investment does not necessarily equate to a cause of action against the broker for securities fraud, nor do gains on investments necessarily equate to the lack of...
In the wake of the recent and too-numerous-to-count recalls of medical devices, the FDA announced on January 20, 2006 that it is launching a new program to transform and strengthen the way it currently monitors the safety of medical devices after they reach the market -- both new technology and existing products.The FDA Center for Devices and Radiological Health's (CDRH) Postmarket...
Colorado is one of 27 states that has "secondary" seat-belt enforcement, which means officers can only cite drivers for seat-belt violations if they are stoped for other infractions.The Denver Post offers more about the parents of a car accident victim who are fighting for tougher seat belt laws.
The NY Times is reporting that Novo Nordisk Paid Cash Rewards To Switch Patients to Novo Insulin. Of course Novo denies the accusations. However, former sales representatives who participated in the program said that Novo paid anchors as much as $25 for each prescription they helped switch to higher-priced insulin products. Isn't this a sad state of the pharmaceutical industry if its true.
The family of an 18 year old recently inducted new fraternity member sued the fraternity and some its active members in a Texa court house early this morning. The new member died from alcohol poisoning during a party at an off campus frat house at the University of Texas at Austin. Khongsavay and Soukha Phoummarath, parents of Phanta "Jack" Phoummarath, named Lambda Phi Epsilon national...