The city of Cleveland has filed a public-nuisance lawsuit against 21 of the biggest subprime mortgage lenders, such as Ameriquest Mortgage Co., seeking damages due to a huge increase in foreclosures.Filed Thursday, in Cuyahoga County Common Pleas Court, the lawsuit alleges the banks created a forecl
LG Sourcing, in cooperation with the U.S. Consumer Product Safety Commission (CPSC), announced a voluntary recall of 90,000 Torchiere lamps sold by Lowe’s Stores. A short circuit located in the lamps’ wiring can pose a fire hazard to users.To date, the company has received two reports of lamp fires,
American Honda Motor Co., in conjunction with the CPSC, is recalling about 40,000 Model Year 2007 Honda TRX 500 ATVs due to loss of speed control.It is possible for water to get into the throttle position sensor and freeze it, which causes permanent damage if the rider tries to force the throttle le
The FDA has sent warning letters to seven pharmacies ,within the last week regarding false or misleading claims about their made-to-order products, commonly marketed as bio-identical hormone replacement therapy (BHRT).The FDA has also agreed to create public-awareness campaigns designed to dispel my
A bicyclist suffered life threatening injuries in a car accident, Tuesday night, when his bike was struck by a car.The man, 52, of Letohatchee, was said to be unconscious and unresponsive when officials arrived on the scene. He was transported by Air Evac to Baptist Hospital South for medical treatm
Tricam Industries Inc, in cooperation with the U.S. Consumer Product Safety Commission, announced a voluntary recall of approximately 15,000 metal toy wagons. The surface paint on the wagon buckets contains excessive levels of lead.There have been no reports of incidents or injuries at this time.The
Ameriquest Mortgage Co., at one time the largest home mortgage lender catering to people with credit problems, paid New Yorkers $18 million as part of a previous nationwide predatory lending settlement.Checks were sent to approximately 13, 700 New Yorkers, according to a joint statement released on
eeBoo Corp., in cooperation with CPSC, announced a voluntary recall of Tot Tower toy blocks because the plastic covering on the toys can detach posing a choking hazard to small children.To date, the company has received two reports of the plastic covers detaching and small children putting the piece
Two Alabama residents were killed in separate motor vehicle accidents in Escambia and Mobile counties on Christmas Day.A man, 40, of Mobile county died in a one vehicle accident that troopers believe may have been alcohol related, while a woman, 60, of Repton died in a two-car crash on Interstate 65
DeWALT, in cooperation with CPSC, announced a voluntary product recall of 350,000 cordless drills because the trigger switch on the drill can overheat, posing a fire hazard.To date the company has received 11 reports of trigger switches overheating. No property damage or injuries have been reported.
Over $14 million dollars in checks are being mailed to 18, 481 Michigan loan borrowers as part of a settlement with Ameriquest Mortgage, once the nation’s largest sub-prime lender. The payments are part of a $295 million national settlement stemming from a predatory lending lawsuit against them.More
Infantino, in cooperation with the CPSC, announced a voluntary product recall of its “Lion” teethers because the plastic nose can detach posing a choking hazard to small children.The company has received eight reports of the nose detaching. One of the eight reports includes a small child gagging on