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J&J has announced plans to finalize a $6.48 billion global settlement through the bankruptcy of a subsidiary company, after earlier efforts were rebuffed twice by federal courts. J&J says the ...
J&J's proposed settlement would pay talc claimants about $10 billion over 25 years. The present value of the settlement is roughly $8 billion after J&J recently agreed to kick in an additional $1. ...
Phone: (215) 772-1000 Fax: (215) 772-1359 Counsel for Plaintiff(s) ARNOLD & ITKIN, LLP BY: JASON A. ITKIN, ESQUIRE E-mail: jitkin@arnolditkin.com 6009 Memorial Drive Houston, Texas 77007 Phone: 713-222-3800 Fax: 713-222-3850 Counsel for Plaintiff(s) DRINKER BIDDLE & REATH, LLP BY: KENNETH A. MURPHY, ESQUIRE MELISSA A. GRAFF, ESQUIRE
J&J on Wednesday said it reached an agreement with a plaintiffs' lawyer representing 12,000 clients to recommend the settlement offer to them, adding to support already received from
Phone: (215) 772-1000 Fax: (215) 772-1359 Counsel for Plaintiff(s) ARNOLD & ITKIN, LLP BY: JASON A. ITKIN, ESQUIRE E-mail: jitkin@arnolditkin.com 6009 Memorial Drive Houston, Texas 77007 Phone: 713-222-3800 Fax: 713-222-3850 Counsel for Plaintiff(s) DRINKER BIDDLE & REATH, LLP BY: KENNETH A. MURPHY, ESQUIRE MELISSA A. GRAFF, ESQUIRE
By March 2012, according to lawyers on both sides, the prosecutors in Philadelphia and the Johnson & Johnson lawyers thought they had reached the broad outlines of a deal. J&J would pay fines and civil damages totaling about $1.3 billion. The numbers were still in flux and might go up or down a bit, but that was the target everyone was focused on.
The following is a list of the 20 largest settlements reached between the United States Department of Justice and pharmaceutical companies from 2001 to 2013, ordered by the size of the total settlement. The settlement amount includes both the civil (False Claims Act) settlement and criminal fine.
A Johnson & Johnson subsidiary filed for bankruptcy for a third time on Friday as the healthcare giant seeks to advance an approximately $8 billion proposed settlement that would end tens of ...