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News
May 4, 2016

In the News Today – May 4, 2016

  • WSJ Asks Why Feds Are Suing ‘One of Nation’s Most Careful FHA Lenders’: “Why would the government sue what is arguably the most taxpayer-friendly issuer of federally backed loans in the country?” the Wall Street Journal asks in an editorial about the U.S. Justice Department’s litigation against Quicken Loans. Quicken’s CEO says the company will fight the suit, and the editorial notes that “a trial might allow the public to see how the culture of Washington has elevated housing goals over taxpayer safety.” (Wall Street Journal


  • J&J Argues St. Louis Attorney Ads Prejudiced Jury Pool: Johnson & Johnson has argued that plaintiff attorney advertising that is blitzing the St. Louis market has “prejudiced the regional jury poll” against the company in trials that resulted in verdicts of $72 million and $55 million. The suits alleged a link between talcum powder and ovarian cancer, though the company “argues that medical science has not linked talc, the primary component of talcum powder, to ovarian cancer.” (Madison-St. Clair Record)

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