Archive for November 28, 2006

U.S. Closes Record-Breaking Financial Year for False Claims Recoveries

During the 2006 fiscal year that ended Sept. 30, the U.S. government made record-breaking recoveries in the form of compensation for fraud.

Hedge Fund Manager Wanted for Arrest

On Monday, a federal judge ordered the arrest of John Kim, portfolio manager of KL Group, a collapsed West Palm Beach hedge fund.

Wrongful Death Lawsuit Against Kansas City Hospital Reaches Undisclosed Settlement

The family of Jake Clough, 15, who died in March 2005 at Children's Mercy Hospital in Kansas City, Kansas has settled their lawsuit against the hospital. The details of the settlement have not been provided.

36 Dead After Plane Crash in Iran

30 members of the Revolutionary Guards, an elite unit of the Iranian military, were killed along with six crew members when their plane crashed at an airport in Tehran Monday.

Massachusetts to File Lawsuit against Big Dig Contractors

In July 2006, a partial ceiling collapse in Boston's Big Dig highway tunnel killed a woman. The attorney general announced Massachusetts will file a civil lawsuit against several companies involved in the tunnel's construction.