Critical Mass: A $28 Billion Opioid Deal Could Be Finalized This Week. Talc Lawyers Deride J&J's "Shocking" and "Strategic" Bankruptcy Pitch
A proposed $26 billion global opioid settlement that's been in the works for nearly two years could be announced this week, according to several news reports and the lead plaintiff attorneys in the multidistrict litigation negotiating the deal.ra
July 21, 2021 at 03:37 PM
7 minute read
Welcome to Law.com Class Actions: Critical Mass, Law.com's weekly briefing for class action and mass tort attorneys. I'm Amanda Bronstad. A $26 billion opioid settlement that has been in negotiations for nearly two years could be announced this week. What do plaintiffs' lawyers have to say about Johnson & Johnson's latest idea to use bankruptcy to resolve talcum powder lawsuits? Find out who is representing Peloton in a case alleging its treadmill injured a 6-year-old.
Feel free to reach out to me with your input. My email is [email protected], or follow me on Twitter: @abronstadlaw.
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New York Attorney General Letitia James Final $26B Opioid Deal Expected In "A Matter Of Days."
A proposed $26 billion global opioid settlement that's been in the works for nearly two years could be announced this week, according to several news reports and the lead plaintiff attorneys in the multidistrict litigation negotiating the deal.
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Michael G. Bongiorno, Andrew Scott Dulberg and Elizabeth E. Driscoll from Wilmer Cutler Pickering Hale and Dorr have stepped in to represent Symbotic Inc., an A.I.-enabled technology platform that focuses on increasing supply chain efficiency, and other defendants in a pending shareholder derivative lawsuit. The case, filed Oct. 2 in Massachusetts District Court by the Brown Law Firm on behalf of Stephen Austen, accuses certain officers and directors of misleading investors in regard to Symbotic's potential for margin growth by failing to disclose that the company was not equipped to timely deploy its systems or manage expenses through project delays. The case, assigned to U.S. District Judge Nathaniel M. Gorton, is 1:24-cv-12522, Austen v. Cohen et al.
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Amy O. Bruchs and Kurt F. Ellison of Michael Best & Friedrich have entered appearances for Epic Systems Corp. in a pending employment discrimination lawsuit. The suit was filed Sept. 7 in Wisconsin Western District Court by Levine Eisberner LLC and Siri & Glimstad on behalf of a project manager who claims that he was wrongfully terminated after applying for a religious exemption to the defendant's COVID-19 vaccine mandate. The case, assigned to U.S. Magistrate Judge Anita Marie Boor, is 3:24-cv-00630, Secker, Nathan v. Epic Systems Corporation.
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