Opt-In Extensions for Actos (and Potential Delays)

By Buck Daniel

After the proposed Actos settlement was opened for plaintiffs to opt-in, several extensions have been granted that allow opt-in decisions until September 11th. There has been much talk about the reasons for these extensions, but nothing has been confirmed. If we feel that the reasons behind these extensions put the settlement in jeopardy, we will inform our clients immediately. However at this point in time, although there has been a delay in this portion of the settlement and subsequently the date for submission for the settlement administrator’s review, we still expect compensation funds to be available by summer 2016. We urge any of our clients with specific questions about the status of this settlement to contact our office.