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SEC Obtains Orders for a Record $8.2 Billion in Financial Remedies in Fiscal Year 2024

January 9th, 2025

In fiscal year 2024, the Securities and Exchange Commission filed 583 enforcement actions and obtained orders for $8.2 billion in financial remedies—the most ever obtained by the SEC in a single fiscal year. The $8.2 billion consisted of $6.1 billion in disgorgement and prejudgment interest …

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water beads

When Fun Toys Kill: The Products Liability Case Against Water Beads

January 8th, 2025

Water beads are sold for children as toys, educational materials, art materials, sensory tools, and as projectiles for “gel blaster” guns. Adults use them as decorative, crafting and gardening supplies. When these small, colorful beads are swallowed by children, they do not simply get digested …

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Neptune's Fix

The Products Liability Case Against Tianeptine: The Deadly “Dietary Supplement” Found at Your Local Store

December 3rd, 2024

You see them displayed by the cash register. Neptune’s Fix and other tianeptine-based products promise to help brain function, treat anxiety and depression, and even manage opioid addiction. Unbeknownst to many consumers, these products have been associated with severe adverse medical events, including seizures and …

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infant swing

Fisher-Price Recalls Snuga Swings After Five Infant Deaths

November 5th, 2024

In a recall that one federal safety regulator has characterized as “doomed to fail,” Fisher-Price is offering its customers $25 to remove components from its Snuga Swings — which have been linked to five infant deaths — instead of offering a meaningful remedy that would …

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Pedestrian Accidents

Lawmakers Seek to Address Supersized Vehicles That Kill Pedestrians

October 28th, 2024

Pedestrian Accident: Federal lawmakers have introduced legislation aimed at reducing the number of pedestrians who are killed and seriously injured in crashes with supersized passenger vehicles. Recent government data show that there are more than 40,000 fatal car crashes per year in the United States. Between …

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cradle swing

CPSC Warns Against Two Cradle Swings That Pose Suffocation and Fall Hazards

September 12th, 2024

The U.S. Consumer Product Safety Commission (CPSC) is warning parents and caregivers to stop using DNYSYSJ and OUKANING cradle swings due to the risk of suffocation and falls. According to the CPSC, the cradle swings violate federal safety regulations for bassinets and cradles. The warning, issued …

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Neptune's Fix

Neptune’s Fix Recalled: FDA Warns That Tianeptine-Containing Products Are Associated with Seizures, Loss of Consciousness and Death

September 5th, 2024

When 32-year-old graphic designer Matthew Cornier decided to work late at his Point Pleasant, New Jersey, office, he went to a convenience store and purchased several shot-size bottles of Neptune’s Fix, a purported dietary supplement sold with a claim that it will improve mental focus. Several …

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Infant Lounger

CPSC Warns Against Multiple Infant Loungers After Five Deaths

September 3rd, 2024

The U.S. Consumer Product Safety Commission (CPSC) is warning consumers to stop using five brands of baby loungers that violate federal safety regulations and are linked to the deaths of five infants. The loungers were sold online on Amazon and Walmart under the brand names …

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water beads

Study: Water Bead-Related ER Visits by Kids Increased Over 130% in One Year

September 3rd, 2024

Water bead-related emergency room visits by children increased by over 130 percent — from 55 visits in 2021 to 127 in 2022 — according to a new study published in the American Journal of Emergency Medicine. Water beads are made of super-absorbent polymer crystals which can …

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