The breakdown of the settlements are as follows: Endo Pharmaceutical: The State of Alabama and its subdivisions will receive $25 million this year in a lump-sum payment. Additional information can also be obtained by contacting the Claims Administrator by calling toll-free 1-844-961-0316; emailing Info@EndoSecuritiesLitigationSettlement.com; or mailing a letter to: SEB Investment Management AB v. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of Advance Local. If the proposed settlement is agreed upon by both parties, the City of Dothan is estimated to receive $144,614 allocated from a $10 million statewide settlement, according to a special master. All rights reserved (About Us). 501 Washington Avenue Home | SEB Investment Management AB v. Endo International plc, et al Alabama et al. v. Endo International, No. 3:19-cv-04157 (N.D. Cal. July v. Endo International, No. Certain persons and entities are excluded from the Settlement Class by definition (see 20 of the Notice). All three companies have denied any wrongdoing. A court filing made Tuesday, Feb. 1, 2022 in Cleveland lays out the details of the settlements with. McKesson is being represented by Harlan Prater of Lightfoot, Franklin & White and H. Lewis Gillis of Means Gillis Law, while Carole Rendon of BakerHostetler is defending Endo. More than 3,300 similar lawsuits are pending against drugmakers, distributors and pharmacies largely by states and local governments over an opioid abuse epidemic that U.S. government data shows led to nearly 500,000 overdose deaths from 1999 to 2019. A report today by Reuters included Alabama among eight states that were not committed to participating in a settlement thats expected to involve more than 40 states. (Reuters) -Alabama on Tuesday reached $276 million in settlements with Johnson & Johnson, McKesson Corp and Endo International Plc, resolving claims that the companies fueled . According to the complaint, Endo had an agreement with Watson Laboratories Inc.ensuring Endo would not face generic competition for Lidoderm from Watson-related companies from approximately 2012 to 2014. Alabama in the case before Judge J.R. Gaines is seeking a payout that would dwarf what other states would get through that national deal, with the defendants saying the state is asking for damages in the range of $10 billion to $20 billion. The hold was announced right when jury selection was set to start. In mid-April 2022, Alabama announced that it reached $276 million in settlements with Johnson & Johnson, McKesson Corp., and Endo International PLC, resolving claims that the companies fueled the opioid crisis. Please disable your ad-blocker and refresh. July 19, 2019), Connect with NAAG and the Attorney General Community, To provide you more clarity about how we collect, store and use personal information, and your rights to control that information, we have updated our, NAGTRI Center for Ethics & Public Integrity, NAGTRI Center for International Partnerships & Strategic Collaboration, NAGTRI Center for Legal Advocacy & Faculty Development, Alabama et al. Sara is certified in children's book writing, HTML coding and social media marketing. (Reuters) -Alabama on Tuesday reached $276 million in settlements with Johnson & Johnson, McKesson Corp and Endo International Plc, resolving claims that the companies fueled an opioid. Endo, in an October filing, said that Alabama was seeking at least $10 billion to abate the epidemic and public nuisance the state argued [it] created, as well as $1.65 billion in damages stemming for diminished income and sales tax revenues.. Endo is not part of the proposed $26 billion deal, but previously agreed to settle lawsuits by states or counties in New York, Oklahoma, Tennessee, Louisiana and Ohio for more than $111 million. CV-2019-901174. Attorney Emily Hawk Mills told the City Council that according to the settlement's formula, Etowah County would receive $136,385, Rainbow City $17,853 and Attalla $21,822, again minus attorney fees. Alabama will receive $7.6 million this year, and a total of $9 million, from McKinsey & Company. Consumer Interest Division: 1-800-392-5658 Our office is prohibited by law from providing private citizens with legal advice, representation, or opinions (Code of Alabama, 1975, Title 36, Chapter 15). If you have any questions regarding the distribution, please contact JND by calling 844-961-0316 or by sending an e-mail to Info@EndoSecuritiesLitigationSettlement.com. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Sign up here to get the latest news and updates delivered directly to your inbox. In response to the filing, Judge J.R. Gaines on Monday set a new trial date of April 18, 2022. Detailed information about the Action and the Settlement is contained in the Notice. McKesson: The State of Alabama and its subdivisions will receive $141 million over nine years. To obtain an attorney or legal aid referral, you may contact the Alabama State Bar Lawyer Referral Service at http://www.alabar.org or by calling 1-800-392-5660 . State of Alabama Reaches Settlements with Two Opioid Manufacturers, One McKesson has the largest share of the settlement, paying $141 million while Johnson & Johnson agreed to pay $70.3 million, and Endo International agreed to pay $25 million. Community Rules apply to all content you upload or otherwise submit to this site. The $141 million from McKesson will be paid over the course of nine years. Is this happening to you frequently? State of Alabama Reuters, the news and media division of Thomson Reuters, is the worlds largest multimedia news provider, reaching billions of people worldwide every day. Under the national settlement, the state would have received only $115.8 million, paid out over eighteen years. or probate matters (real estate, wills, property disputes, etc.). All three companies were said to have engaged in deceptive marketing practices that downplayed the addiction risk of opioids. You can view the Courts Findings of Fact and Conclusions of Law on the Important Documents tab of this website. Endo previously agreed to settle lawsuits by states or counties in New York, Oklahoma, Tennessee, Louisiana and Ohio for more than $111 million. Endo is not a part of that nationwide settlement. Alabama Attorney General Steve Marshall announced the settlements on Tuesday. Alabama reaches $276M settlement in opioid cases Alabama reaches $276M settlement with J&J, McKesson, Endo over opioid c/o JND Legal Administration If you have an ad-blocker enabled you may be blocked from proceeding. Endo Pharmaceuticals and McKesson Corporation have denied the states allegations and asked the court to dismiss the case. Alabama is accusing McKesson of failing to prevent the diversion of opioids for illicit purposes, and accused Endo of engaging in deceptive marketing practices that misrepresented the painkillers benefits and downplayed their addictive risks, according to its court filings. 12th floor The most comprehensive solution to manage all your complex and ever-expanding tax and compliance needs. disclosure was made in a court filing by McKesson Corp. (. The AP first reported the settlement in July. Cookie Settings/Do Not Sell My Personal Information. Legal Reader is devoted to protecting consumers. Our Standards: The Thomson Reuters Trust Principles. Marshall's office declined to specify exactly how much it is seeking, but McKesson in an August motion pegged the state's request at more than $20 billion. Online CME Program Updates Allergists, Dermatologists on New Therapeutic Strategies for Severe Atopic Dermatitis, Bausch Health Receives Untitled Letter from OPDP Over Statements Made on Morning Show, MATE Act Becomes Law: DEA Healthcare Provider License Holders Required to Complete 8. P.O. YouTubes privacy policy is available here and YouTubes terms of service is available here. The case is State of Alabama v. Endo Health Solutions Inc, et al, Montgomery County Circuit Court, Alabama, No. Endo Reaches Agreement in Principle to Settle Louisiana Governmental CV-2019-901174. Alabama News Network Staff. Scooter startup Lime sues Hertz for poaching engineers, NFL, Raiders sued by Las Vegas lawyer over Super Bowl ad, Air Canada pilots decry 'embarrassing' pay gap with U.S. after Delta deal, Factbox: Willow oil and gas project in Alaska sparks green opposition, WHO still working to identify the origins of COVID-19, Norway's Equinor buys Suncor Energy UK in $850 million deal, Law firm leaders express the benefit of strategy, culture & adaptability to weather these uncertain times, 2023 State of the Courts Report: Moving toward modernization, US enforcement seeks fraud among emerging, unregulated finance spaces, Recommended change management practices to plan, build, then deploy successful legal tech, Exclusive news, data and analytics for financial market professionals. Alabama chose to reject that deal in order to "to pursue its own legal strategy to best address the impact of the opioid crisis on Alabama," said Mike Lewis, a spokesperson for the state's Republican attorney general. Screen for heightened risk individual and entities globally to help uncover hidden risks in business relationships and human networks. by NEW YORK - New York Attorney General Letitia James today announced an agreement with Endo Health Solutions that will immediately deliver $50 million to combat the ongoing opioid epidemic and remove the opioid manufacturer from New York's ongoing opioid trial, currently underway in Suffolk County State Supreme Court. Eighteen states reached a settlement with Endo Pharmaceuticals Inc. under which Endo paid $2.3 million to settle allegations it entered into a reverse-payment agreement to obstruct generic competition to Lidoderm, a pain relief patch frequently used to treat shingles. Use of and/or registration on any portion of this site constitutes acceptance of our User Agreement, Privacy Policy and Cookie Statement, and Your Privacy Choices and Rights (each updated 1/26/2023). For McKesson: Harlan Prater of Lightfoot, Franklin & White and H. Lewis Gillis of Means Gillis Law. AG Marshall announces millions in settlements with opioid manufacturers Prior to founding Rockpointe, Thomas worked as a political consultant. Alabamas claims against Purdue Pharma, Mallinckrodt, and Insys, are still outstanding. These discussions have put a hold on a full-blown trial against (what originally had been) both parties. The three companies will also pay a combined $40 million in attorneys fees. The settlement covers thousands of lawsuits filed by state and local governments against three drug distribution companies and Johnson & Johnson, the Associated Press reported. Theyve argued that the state cannot prove they caused the opioid epidemic, and that Alabamas public nuisance argument does not apply to damage caused by a product (i.e., opioid drugs), but rather, harm done to public property. Alabama settles opioid claims with J&J, McKesson, Endo for $276 million Alabama has had among the highest rates of opioid prescriptions distributed and has fought to hold the companies involved accountable for the widespread damage caused by the addiction epidemic.
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