Dec 29, 2021 | Product Liability
Scott Fetzer Consumer Brands Recalls American Angler Electric Fillet Knives Due to Laceration Hazard
Product & Hazard
American Angler Electric Fillet Knives (“EFK”) – The trigger mechanism on the Electric Fillet Knife units can become stuck in the “on” position, posing a laceration hazard.
Description & Remedy
This recall involves American Angler Electric Fillet Knives with model number 32300 and the following serial numbers: AEK-OB-DS-003-1, AEK-OB-DS-008-1, AMK-KM-DS-003-1, AEK-OB-RB-004-1. The model number is printed on the base of the handle of the EFK and the serial number is printed on the product packaging. “American Angler” is printed on the handle of the recalled knives. The knives were sold in orange and gray and are used as a fishing tool for filleting fish.
Consumers should immediately stop using the recalled EFK, unplug the unit, and cut the power cord. Consumers should then contact Scott Fetzer Consumer Brands to receive a free replacement EFK by mail. Consumers will need to provide their mailing address and proof of destruction by sending a photo of the recalled product and cut cord to the firm. The consumer should then throw away the unit in their trash.
Incidents/Injuries
The firm has received 23 reports of the EFK’s trigger mechanism becoming stuck in the “on” position. No injuries have been reported.
Sold At
Walmart, Bass Pro Shops and other retailers nationwide and online at www.amazon.com from January 2019 through October 2021 for between $110 and $150.
Source: United States Consumer Product Safety Commission, cpsc.gov/recalls.
If you feel you have been a victim of a defective or misleading consumer product and/or product recall and wish to discuss your potential legal options, please contact Kehoe Law Firm, P.C., [email protected], for a free, no-obligation case evaluation.
Dec 29, 2021 | Shareholder Investigations
MEDALLION FINANCIAL CORP. SECURITIES CLASS ACTION INVESTIGATION – MFIN INVESTORS WITH SIGNIFICANT LOSSES ENCOURAGED TO CONTACT KEHOE LAW FIRM, P.C.
Kehoe Law Firm, P.C. is investigating whether Medallion Financial Corp. (“Medallion”, “Medallion Financial” or the “Company”) (NASDAQ: MFIN) violated federal securities laws.
The Securities and Exchange Commission has charged Medallion Financial Corp., a Delaware company headquartered in New York, NY, and its President and Chief Operating Officer, Andrew Murstein (“Murstein”) of New York, NY, with illegally engaging in two schemes in an effort to reverse the Company’s plummeting stock price.
According to the SEC’s complaint, Medallion’s core business was making loans backed by taxicab medallions to taxicab owners and operators. However, the popularity of ride-sharing companies like Uber and Lyft led to a decline in the value of taxicab medallions and of Medallion’s stock price. Murstein and Medallion allegedly directed two separate schemes to inflate the Company’s stock price, in part with the help of California-based media strategy company, Ichabod’s Cranium, Inc., and its owner, Lawrence Meyers (“Meyers”), both of whom were also charged by the SEC with fraud.
The complaint, filed in United States District Court, alleges that Murstein and Medallion engaged in illegal touting by paying Ichabod’s Cranium and others to place positive stories about the Company on various websites, including Huffington Post, Seeking Alpha, and TheStreet.com. With Murstein’s knowledge, Meyers and others created fake identities so their opinion pieces would appear credible to potential investors. The complaint further alleges that Medallion and Murstein fraudulently increased the carrying value of Medallion Bank (the “Bank”), a wholly owned subsidiary of Medallion, to offset losses relating to the taxicab medallion loans. The complaint alleges that when the existing valuation firm refused to cave to Murstein’s pressure to increase the Bank’s valuation, Murstein fired the firm and hired a new firm to provide an inflated valuation of the Bank.
MEDALLION FINANCIAL INVESTORS WHO HAVE LOST MONEY ARE ENCOURAGED TO COMPLETE KEHOE LAW FIRM’S SECURITIES CLASS ACTION QUESTIONNAIRE OR CONTACT JOHN KEHOE, ESQ., (215) 792-6676, EXT. 801, [email protected], [email protected], TO DISCUSS THE MEDALLION FINANCIAL SECURITIES CLASS INVESTIGATION OR POTENTIAL LEGAL CLAIMS.
