Word: multimillions
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...usually ignore individual insider buying. A senior vice president picking up a few thousand shares of his drug company here and there means nothing to me. But when top-level officers across an entire industry make multimillion-dollar repeat purchases, I sit up and take notice...
...Everyone knows that profits and good care are not compatible" is how Pat McGinnis, executive director of California Advocates for Nursing Home Reform, explains the persistence of nursing-home abuses. But a recent spate of multimillion-dollar jury awards to nursing-home residents and their families because of poor care may force some homes to improve. A California woman won a $95 million verdict after the jury was told how she broke her shoulder and shattered her hip (last month a judge cut the award to $3 million), and a jury awarded $6.3 million to the family of a Florida...
Evidence like the GAO report is sure to encourage even more lawyers to file suits seeking damages for alleged wrongdoing by nursing homes. And if jurors keep awarding multimillion-dollar verdicts to grieving families, nursing homes could end up embracing stiffer rules and penalties as a way to deter such claims...
Police suspect the Kimeses may have been trying to relieve Silverman of her multimillion-dollar home. A notary public has come forward to say that Kenneth Kimes and an unidentified woman called him to the mansion to notarize a document that already bore a signature reading "Irene Silverman." When he asked the woman to sign another piece of paper so he could check her signature, she hesitated and he left. When they were arrested, the Kimeses reportedly had Silverman's passport and financial documents with them...
...spare change to raise more than $1 million (matched by Oprah) to send disadvantaged kids to college. When she blurted that hearing about the threat of mad-cow disease "just stopped me cold from eating another burger!", the perceived threat to the beef industry was enough to trigger a multimillion-dollar lawsuit (which...