Delaware County Court of Common Pleas courthouse in Pennsylvania. Credit: Google Judge Greenlights $28.4M in Contingency Fees to Firms Representing Pa. Opioid Plaintiffs
The fees are slated to be paid out of the Pennsylvania Opioid Fee Fund—a chunk of money allotted for lawyers from Pennsylvania's $1.07 billion share of the $26 billion global settlement between state and local governments and Johnson & Johnson, Cardinal Health, McKesson and AmerisourceBergen.
December 18, 2023 at 02:00 PM
3 minute read
Lawyers for Pennsylvania plaintiffs who signed onto a major 2022 opioid settlement are set to receive a cumulative $28.4 million in contingency fees from 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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