from Bloomberg.Com AstraZeneca Said to Pay $150 Million to Settle About 6,000 Seroquel Suits AstraZeneca Plc agreed to pay $150 million to settle more lawsuits claiming its antipsychotic drug Seroquel causes diabetes, pushing the amount the drugmaker has paid to resolve cases over the medicine to almost $350 million, people familiar with the accords said. AstraZeneca, the U.K.’s second-biggest drugmaker, will resolve about 6,000 cases alleging the company knew Seroquel could cause diabetes and failed to adequately warn patients, two people familiar with the settlements said. They spoke on … [Read more...]
Ford & Chrysler Recall Trucks, Crossovers, SUVs
from the Kansas City Star The Consumer Memo, 12/30: Ford recalls 15,000 trucks, crossovers; Chrysler recalls trucks, SUVs Ford is recalling nearly 15,000 trucks and crossovers due to problems with electrical systems that can short and create a fire. The Detroit automaker said Thursday that the recall includes some 2011 model year F-150, F-250, F-350, F-450, F-550, Ford Edge and Lincoln MKX vehicles. A Ford supplier of a control module produced the faulty product over a six-day period. F-Series trucks are built at the Claycomo plant. Owners may call Ford at 1-866-436-7332 to see if their … [Read more...]
