Our firm has successfully prosecuted numerous actions against UBS related to auction rate securities. The goal is to recover damages for the failure of the market which essentially puts the purchasers in the position they would have been in had the market not failed, making the fair market value of the ARS substantially lower than [...]

Yesterday, October 28, the U.S. Chamber held the 10th annual “Legal Reform Summit”- a day spent blaming the civil justice system for all the country’s hardships. The American Association for Justice has released a report entitled “They Knew and Failed To,”exposing corporations through several detailed examples of consumer products such as perscription drugs and medical [...]

North Carolina’s extended Statue of Repose has been in effect since October 1, 2009. The House Commerce Committee unanimously voted to extend the statue of repose. The amendment states that claims for defective products will be increased from six to twelve years for actions that accrue on or after October 1, 2009. Actions that accrued [...]

After much public scrutiny the FAA has revoked the Northwest Airlines pilots who flew 150 miles past their destination last week. The two pilots behind this incident were out of contact with air traffic controllers for 91 minutes, violating several safety regulations. Although this situation ended with a safe landing at the desired destination, the [...]

An Automobile accident can be very complicated. If you’re hurt and don’t know it at first the repercussions can be severe both on your body and any possible injury claims. That’s why you always need to go to the hospital and get checked out. Actually even more than that you need to go via EMS. [...]

New details of a fatal crash were released by a NHTSA report that triggered Toyota Motor Corp.’s largest recall. The Federal highway safety inspectors found that the Lexus ES 350 sedan involved in the fatal crash had a gas pedal design that could increase the risk of its being obstructed by a floor mat. Toyota [...]

According to the GAO, the FDA “has allowed drugs for cancer and other diseases to stay on the market even when follow-up studies showed they didn’t extend patients’ lives.” It is also said to be questionable if the FDA even performed follow-up studies on these drugs. The FDA’s 16 year accelerated approval program, was designed [...]

On October 22, 2009 Gary Shipman was sworn in as a new member of the UNCW Board of Trustees. Gary Shipman states “I am deeply honored that the Governor has entrusted me with the obligations as a member of the Board of Trustees of my alma-mater. I am deeply passionate about UNC-W, and intend to [...]