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Bumbo, CPSC Recall Baby Seat Linked To Skull Fractures

Wednesday, August 15, 2012
By | Ed Mierzwinski
Consumer Program Director

The U.S. Consumer Product Safety Commission (CPSC) and Bumbo, maker of a baby seat linked to at least 21 skull fractures, have announced a repair recall to install a free safety belt. U.S. PIRG and other consumer groups had pressured them to act.

FTC files latest challenge to "pay for delay" generic drug deals

Monday, August 13, 2012
By | Ed Mierzwinski
Consumer Program Director

Today the U.S. Federal Trade Commission filed a legal brief "challenging an agreement between drug manufacturers Wyeth and Teva Pharmaceuticals" where plaintiffs allege "Teva agreed to delay its introduction of a generic version of Wyeth’s blockbuster antidepressant drug Effexor XR." Fighting anti-competitive prescription drug deals that cost consumers "billions" is a signature issue for Chairman Jon Leibowitz's FTC.

Ancient English football club Man U to launch "ugly" IPO under new US law for "emerging" companies

Thursday, August 9, 2012
By | Ed Mierzwinski
Consumer Program Director

The venerable English football club Manchester United, founded in 1878, is expected to file an IPO today under a new U.S. law, the JOBS Act, that passed overwhelmingly because it was intended to help newer, smaller companies go public. Over at The Motley Fool, they say: "Thank the JOBS Act for the Ugliest IPO of the Year."

Emergency-room debt collector pays penalty but says no patient had "problematic interaction"?

Monday, August 6, 2012
By | Ed Mierzwinski
Consumer Program Director

Last week, Minnesota Attorney General Lori Swanson settled her case with Accretive Health, the debt collector that allegedly acts as a gatekeeper to obtaining emergency-room treatment. The AG's legal filing has  affidavits from 60 victims but in a press release, the debt collector says "the Attorney General did not and could not identify a single patient in Minnesota who experienced a problematic interaction with an Accretive Health employee." Hunh?

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