It was announced Saturday that the $2.4 billion Actos settlement agreement reached on April 28, 2015 is final. The finalization of this settlement with Takeda will benefit just over 10,000 persons claiming injury from its diabetes drug, Actos. Plaintiffs will now be required to submit medical proof of their injury and use, while the settlement administrators review claims packages and approve awards. If you are a client of The Nations Law Firm, we may be reaching out to you in the near future so be looking for any correspondence from us. This is great news for all of our Actos clients!
By Buck Daniel
May 29, 2014 – The Nations Law Firm is pleased to announce the settlement of all of its Pradaxa claims against Boehringer Ingelheim. The pharmaceutical company will pay $650 million to settle all 4,000 state and federal lawsuits over its blood thinner Pradaxa (dabigatran). In 2011 alone, more than 540 patients lost their lives after using Pradaxa, according to FDA reports, and thousands of people reported serious side effects — surpassing all other monitored drugs for the year.
“Today’s settlement will bring justice and financial assistance to those hurt while taking Pradaxa,” a member of the Plaintiffs’ Steering Committee, said in a statement. “We are proud of the settlement we have achieved, congratulate the company on doing the right thing, and look forward to distributing these funds to our clients as expeditiously as possible.”
By Buck Daniel
August 14, 2013 – Since our last update, several big developments have occurred in the nationwide Actos litigation. The first Actos lawsuit was tried outside of the MDL in Los Angeles, California, where the plaintiff, like all of our own clients, alleged that Takeda failed to warn him of the risks associated with Actos. This lawsuit ended with a verdict for the plaintiff, but the California judge in that case overturned the verdict on a legal technicality. The California case is an example of why it can be dangerous to file cases outside of a consolidated group, such as the MDL or Illinois state court. However, even though the plaintiff lost that particular case, we see it as a win for our clients, and the remaining plaintiffs, as we can easily spot and avoid the issues that arose during that trial.
The bellwether trial cases mentioned in our last update have now been officially set for January 27, 2014 and April 14, 2014. Hopefully at the conclusion of these trials, Takeda will take action towards resolving the remaining cases throughout the country. For now, most of our clients are in the process of completing the court ordered Plaintiff Fact Sheets that include a brief personal and medical history. This is the next step in successfully bringing an Actos claim, and one that is essential. So if you are a client and have not completed a Plaintiff Fact Sheet, please be in contact with our office immediately.
By Kim Truongle –
January 18, 2013 – Today, it was reported in the media that settlement discussions are occurring with regard to ASR cases. This information is speculative and unconfirmed. Instead, Plaintiffs’ counsel nationwide are focusing on trial preparation, with the first case set to begin in Los Angeles on Tuesday. Next month, another trial is set to start in Illinois. Plaintiffs’ counsel for these two state trial cases are cooperating and working in conjunction with counsel in the Ohio MDL, whose first two cases are set for start in May and July. Again, any “news” about settlements or settlement discussions is, at this point, purely speculative. We believe there is still a lot of work and progress to be made before fruitful settlement discussions can occur.
The Nations Law Firm