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Tue 8/15/2023 -- by Juliette Fairley
A Danish pharmaceutical company is the only business in the U.S. with Food and Drug Administration (FDA) approval to market semaglutide drugs, but that hasn't stopped certain healthcare providers from allegedly selling counterfeit versions. Novo Nordisk filed five federal lawsuits in New York, Texas, Tennessee and Florida complaining that compounding pharmacies, med spas and diet clinics illegally sold unapproved versions of their popular weight loss and Type 2 diabetes drugs to their customers. Wegovy and Ozempic both have semaglutide as an ingredient. "At higher amounts, it increases your sense of satiation so you feel full, and once you feel full, you're not eating, and therefore that could lead to weight loss," said Reuben Saba, vice president of medical and business affairs at Medicure.....
Thu 7/20/2023 -- by Juliette Fairley
A popular credit repair company filed for chapter 11 bankruptcy after losing litigation lodged by the federal Consumer Financial Protection Bureau (CFPB) over its business model. The voluntary petition was submitted June 4 under PGX Holdings in the U.S. Bankruptcy Court for the District of Delaware with up to $500 million in listed assets, up to $10 billion in liabilities and more than 100,000 creditors. "Like most major companies that file chapter 11, they will find ways to continue doing business, and hopefully in a more ethical manner," said Derek Jacques, a bankruptcy attorney with The Mitten Law Firm in Michigan. "I found the whole case interesting as I think there are a lot of bad actors in the debt repair space, and these were the biggest among them."....

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1. Steward Health Care files for Chapter 11 bankruptcy (
Submitted Thu 05/09/2024   Texas Southern 4:24-bk-90213
2. This teen clothing retailer with 2 locations in Lafayette has filed for bankruptcy, to close all its stores (
Submitted Thu 05/02/2024   Delaware 1:24-bk-10939
3. Oberweis Dairy files for Chapter 11 bankruptcy protection (
Submitted Tue 04/23/2024   Illinois Northern - Chicago 1:24-bk-05385
4. Express files for Chapter 11 bankruptcy protection, announces store closures, possible sale (
Submitted Tue 04/23/2024   Delaware 1:24-bk-10831
5. Retailer 99 Cents Only files for bankruptcy, plans to shut down (
Submitted Thu 04/11/2024   Delaware 1:24-bk-10719
6. Chilean telco WOM files for Chapter 11 bankruptcy (
Submitted Tue 04/02/2024   Delaware 1:24-bk-10628
7. Nursing home co. Petersen files for bankruptcy after cyberattacks (
Submitted Tue 03/26/2024   Delaware 1:24-bk-10443
8. Crafts retailer Joann files for Chapter 11 bankruptcy as consumers cut back on pandemic-era hobbies (
Submitted Tue 03/26/2024   Delaware 1:24-bk-10418
9. 2nd generation lawn care, snow removal business files for bankruptcy (
Submitted Thu 03/21/2024   Michigan Western 1:24-bk-00677
10. Settlement in Erie federal court ends inmate's 15 straight years of solitary confinement (
Submitted Tue 03/05/2024   Pennsylvania Western 1:20-cv-00325
11. Utah entrepreneur facing federal lawsuit is charged with financially exploiting 80-year-old woman (
Submitted Tue 03/05/2024   Utah 2:23-cv-00580
12. College Park Mayor Bianca Motley Broom Files Federal Lawsuit Against Own City Council Over Reduced Powers (
Submitted Tue 03/05/2024   Georgia Northern 1:24-cv-00937
13. BowFlex files for bankruptcy with $37.5 mln buyout offer (
Submitted Tue 03/05/2024   New Jersey 1:24-bk-12364
14. Family of exonerated Georgia man files $16 million federal lawsuit against deputy who fatally shot him (
Submitted Thu 02/29/2024   Georgia Southern 2:24-cv-00030
15. SuperDeluxe and Boxer File for Chapter 11 Bankruptcy (
Submitted Thu 02/29/2024   Oregon 3:24-bk-30324

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