Hospital beds
Over 300 former patients of the Michigan Pain Specialists Clinic that were infected in the 2012 fungal meningitis outbreak will be sharing a $10.5 million settlement. Each individual will be receiving compensation based upon a formula established in the earlier $210 million settlement involving the now-closed New England Compounding Center of Framington, Massachusetts, where the steroid solutions were mixed before being shipped to clinics across the country.
Peephole problem solved
Erin Andrews, famous sportscaster for Fox, was awarded $55 million in her lawsuit against Michael David Barrett and the owner of the Marriott Hotel in Nashville Tennessee. Andrews had been seeking compensation for the emotional distress she suffered following the 2008 incident where Michael Barrett recorded her naked in the privacy of her hotel room though a peephole from the neighboring room.
Wheelchair
The Washington State Attorney General Bob Ferguson announced that Michael Mann, owner of Seattle-based Wheelchairs Plus Inc., will pay $2.7 million for Medicaid fraud allegations. The Attorney General’s Office claims that Mann billed the Medicaid program for 119 new wheelchairs when he was actually delivering used wheelchairs to the poor and disabled statewide.
Shopper reimbursement
Home Depot has agreed to pay $19.5 million to compensate the consumers affected by the 2014 data breach which affected more than 50 million cardholders who utilized self-checkout terminals in U.S. and Canadian stores between April and September 2014. The home improvement retailer is in the process of setting up a $13 million fund to reimburse all of the shoppers for out-of-pocket losses and, in effort to improve their data security they will be hiring a chief information security officer to oversee all progress. There were at least 57 proposed class action lawsuits which were filed in U.S. and Canadian courts over the data breach.
Mortgage mistake
Settling claims that stem from an intense period of mortgage fraud, Wells Fargo has agreed to pay 1.2 Billion dollars in the wake of a major US Lawsuit. The Lawsuit, filed in Federal court details misconduct riddled throughout the counties largest mortgage lender and the subsequent practices they implemented during a period of time between 2001 and 2005. The “reckless” underwriting policies include a failure to report over 6,000 loans from 2002 to 2010 that simply did not meet regulatory standards. Failure to review these deals led to a slew of early payment defaults. Brought to court by Preet Bharara of Manhattan, this is just one of the many similar suits following the fallout from mortgages insured through the Federal Housing Administration, or FHA.
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