| Volume 126 Number 13 |
Subscribe to the Newsletter
Forward this news alert to your family and friends
Helpful Links
Texas Consumer Complaint Center
Credit Reports and Identity Theft
Your Guide to Small Claims Court
Contact Us
1-713-743-2168
The People’s Lawyer’s Tip of the Day
A “lifetime warranty” is usually for the lifetime of the company. Carefully check out any company offering a lifetime warranty before you purchase. Click here for more.
Mylan Offers Generic EpiPen in Response to Criticism
Today drug company Mylan announced that it will offer a generic EpiPen for half the cost of the brand name product. Recently, Mylan has been at the center of criticism by parents and consumer advocates for increasing the cost of EpiPens by more than 400% within the last seven years. Mylan stated that the generic version "will be identical to the branded product, including device functionality and drug formulation." Last week, the drug company also offered discounts to income eligible families to pay for the cost of the EpiPen. Click here for more.
Your Money
If you plan on investing retirement funds in stocks, first consider the impact of watching the value of your stocks plummet during market setbacks. During years where the market is surging and stock prices are at an all-time high it may be easy to say you can financially and emotionally handle any market downturns. In the past, downturns in the market lasted an average of one year. These setbacks are upsetting for any investor. However, when you're in retirement and unable to make more money, such losses can make it harder for you to relax and enjoy retirement. Consider making more diverse investments with your retirement nest. Click here for more.
For the Lawyers
State court is not obligated to follow certain terms of the Federal Arbitration Act. The New Hampshire high court held that an action to compel arbitration under section 2 of the FAA could be enforced in either state or federal court, as the language of section 2 applies to any transaction in interstate commerce. Per the court, however, the state court in an action to confirm or vacate need not be bound by sections 9-11 of the FAA, because those sections specifically reference the federal courts. Thus, the state court could follow the state standards in an action to confirm or vacate. Finn v. Ballentine Partners, LLC (NH Sup Ct 2016). Click here for more.