MDL | Jotup

Indivior Reaches Agreement with End Payor Class to Resolve Their Antitrust Multi-District Litigation Claims

Retrieved on:

月曜日, 8月 21, 2023

Agreement, Ground substance, DSM-IV codes, Trial of the century, MDL, District court, Patient, Nature, Court, News, Insurance, Pharmaceutical industry, Indivior

RICHMOND, Va., Aug. 21, 2023 /PRNewswire/ -- Indivior PLC (LSE/Nasdaq: INDV), a leading addiction treatment company, announced that its subsidiary, Indivior Inc. (the "Company"), has reached an agreement ("Agreement") to resolve the claims brought by the end payor class of litigants ("the End Payor Claimants") in the In re Suboxone Antitrust Litigation multi-district litigation ("MDL").

Key Points:

RICHMOND, Va., Aug. 21, 2023 /PRNewswire/ -- Indivior PLC (LSE/Nasdaq: INDV), a leading addiction treatment company, announced that its subsidiary, Indivior Inc. (the "Company"), has reached an agreement ("Agreement") to resolve the claims brought by the end payor class of litigants ("the End Payor Claimants") in the In re Suboxone Antitrust Litigation multi-district litigation ("MDL").
The Agreement marks the resolution of the End Payor Claimants' claims against the Company in the MDL.
As part of the Agreement, the Company expects to pay $30 million to the End Payor Claimants.
Once the Agreement is approved and entered by the Court, the final settlement amount will be recorded against the $188 million provision.

Indivior Reaches Agreement with End Payor Class to Resolve Their Antitrust Multi-District Litigation Claims

Retrieved on:

月曜日, 8月 21, 2023

Agreement, Ground substance, DSM-IV codes, Trial of the century, MDL, District court, Patient, Nature, Court, News, Insurance, Pharmaceutical industry, Indivior

RICHMOND, Va., Aug. 21, 2023 /PRNewswire/ -- Indivior PLC (LSE/Nasdaq: INDV), a leading addiction treatment company, announced that its subsidiary, Indivior Inc. (the "Company"), has reached an agreement ("Agreement") to resolve the claims brought by the end payor class of litigants ("the End Payor Claimants") in the In re Suboxone Antitrust Litigation multi-district litigation ("MDL").

Key Points:

RICHMOND, Va., Aug. 21, 2023 /PRNewswire/ -- Indivior PLC (LSE/Nasdaq: INDV), a leading addiction treatment company, announced that its subsidiary, Indivior Inc. (the "Company"), has reached an agreement ("Agreement") to resolve the claims brought by the end payor class of litigants ("the End Payor Claimants") in the In re Suboxone Antitrust Litigation multi-district litigation ("MDL").
The Agreement marks the resolution of the End Payor Claimants' claims against the Company in the MDL.
As part of the Agreement, the Company expects to pay $30 million to the End Payor Claimants.
Once the Agreement is approved and entered by the Court, the final settlement amount will be recorded against the $188 million provision.

Exterro Announces Ariana Tadler as the 2023 Honorable Shira Scheindlin Lifetime Achievement Award Honoree

Retrieved on:

火曜日, 8月 1, 2023

PORTLAND, Ore., Aug. 01, 2023 (GLOBE NEWSWIRE) -- Exterro today announced that Ariana Tadler, the founding partner of Tadler Law LLP, a WBENC-certified, women-owned boutique law firm that offers an array of litigation and legal counseling services, as the 2023 Honorable Shira Scheindlin Lifetime Achievement Award Honoree.

Key Points:

PORTLAND, Ore., Aug. 01, 2023 (GLOBE NEWSWIRE) -- Exterro today announced that Ariana Tadler, the founding partner of Tadler Law LLP, a WBENC-certified, women-owned boutique law firm that offers an array of litigation and legal counseling services, as the 2023 Honorable Shira Scheindlin Lifetime Achievement Award Honoree.
Ms. Tadler will be given the award at The Hero Awards, taking place in New Orleans as part of Exterro’s XChange Conference on September 20th.
The evening will see Ms. Tadler recognized as one of the leading women litigators in the country.
“Ariana Tadler has been a thought leader in the e-discovery world for more than two decades,” said Judge Scheindlin regarding the selection.

Medallion Resources Extends Maturity of Unsecured Promissory Notes

Retrieved on:

月曜日, 7月 31, 2023

Purdue Research Park, TSX Venture Exchange, MDL, Note, National Securities Markets Improvement Act of 1996, Security (finance)

VANCOUVER, British Columbia, July 31, 2023 (GLOBE NEWSWIRE) -- Medallion Resources Ltd. (TSX-V: MDL; OTCQB: MLLOF; Frankfurt: MRDN) – “Medallion” or the “Company”), is pleased to announce that the holders of the Company’s US$1,150,000 Principal Amount unsecured promissory notes (the “Notes”) originally due August 2, 2023 (see press release dated August 4, 2022) have agreed to extend the maturity date to October 31, 2023.

Key Points:

VANCOUVER, British Columbia, July 31, 2023 (GLOBE NEWSWIRE) -- Medallion Resources Ltd. (TSX-V: MDL; OTCQB: MLLOF; Frankfurt: MRDN) – “Medallion” or the “Company”), is pleased to announce that the holders of the Company’s US$1,150,000 Principal Amount unsecured promissory notes (the “Notes”) originally due August 2, 2023 (see press release dated August 4, 2022) have agreed to extend the maturity date to October 31, 2023.
In consideration for the extension and cancellation of equity-related rights as mentioned above, the Company has agreed to pay the Note holders a loan bonus of US$100,000 capitalized in the Notes on August 2, 2023 and to increase the interest rate to 15% pa for the period from August 2, 2023 to October 31, 2023.
The total amount due on October 31, 2023 will be US$1,356,531 (Cdn$1,795,000 at the current exchange rate).
The loan extension provides the Company with additional time as it seeks to secure US$5 million funding by September 30, 2023 to fulfill its commitment under the technology license agreement with Purdue Research Foundation.

Cornerstone Research Report: Number of Securities Class Action Filings Increased in First Half of 2023

Retrieved on:

木曜日, 7月 20, 2023

MENLO PARK, Calif., July 20, 2023 /PRNewswire-PRWeb/ -- The number of securities class action filings increased in the first half of 2023, according to a report released today by Cornerstone Research and the Stanford Law School Securities Class Action Clearinghouse.

Key Points:

MENLO PARK, Calif., July 20, 2023 /PRNewswire-PRWeb/ -- The number of securities class action filings increased in the first half of 2023, according to a report released today by Cornerstone Research and the Stanford Law School Securities Class Action Clearinghouse .
Six securities class actions related to the recent turbulence in the banking sector were filed (five in the first half of 2023 and one in the second half of 2022).
"We continue to see a high level of cryptocurrency-related securities class action filings," said Alexander "Sasha" Aganin , the report's coauthor and a Cornerstone Research senior vice president.
The number and total index value of mega MDL filings are on pace to reach historical highs in 2023.

$12.5 Billion Landmark Settlement With 3M Over PFAS Damages is Next Win for Water Systems

Retrieved on:

金曜日, 6月 23, 2023

AFFF, Drinking water, United States Associate Attorney General, DuPont, Public, 3M, Water, Cancer, National Rural Water Association, Research, MDL, Risk, NRWA, Health, Environment, PFOS, Cosmetics, PFAS, Corteva

Coming just weeks after announcing settlements with DuPont, Chemours, and Corteva, an agreement has been reached with 3M to pay $12.5 billion in damages for their role in PFAS manufacturing.

Key Points:

Coming just weeks after announcing settlements with DuPont, Chemours, and Corteva, an agreement has been reached with 3M to pay $12.5 billion in damages for their role in PFAS manufacturing.
The settlement with 3M Company is subject to approval by Judge Richard M. Gergel, who was assigned in December 2018 to oversee the ongoing multi-district litigation (MDL) proceedings.
NRWA has created the PFAS Cost Recovery Program to help systems with PFAS treatment costs.
NRWA strongly encourages water systems to contact Napoli Shkolnik PLLC today to sign up for the PFAS Cost Recovery Program.

Douglas & London, P.C. Reach Historic Multi-Billion Dollar Settlement with 3M Company for PFAS Contamination in America's Drinking Water

Retrieved on:

金曜日, 6月 23, 2023

Douglas had this to say of the settlement: "PFAS has contaminated the entire planet, including our nation's drinking water.

Key Points:

Douglas had this to say of the settlement: "PFAS has contaminated the entire planet, including our nation's drinking water.
Our fight for safe drinking water will continue until every American is safe from the risk of harm posed by PFAS."
The agreement represents the first of many steps to begin to redress PFAS contamination in America's drinking water supplies and other harms caused by PFAS chemicals.
Additional details will be provided in the notice to be disseminated once the Court grants preliminary approval of the settlement.

$12.5 Billion Dollar Landmark Settlement with 3M to Fund Water Treatment Protects Americans from Cancer-Causing Chemicals

Retrieved on:

木曜日, 6月 22, 2023

This historic class action settlement agreement was reached today and resolves the claims of Public Water Systems across the country that have been impacted by actual or threatened contamination of their water systems with PFAS.

Key Points:

This historic class action settlement agreement was reached today and resolves the claims of Public Water Systems across the country that have been impacted by actual or threatened contamination of their water systems with PFAS.
PFAS, also known as the “forever chemicals” are manmade, synthetic compounds that research has shown pose significant risks to the environment and human health.
“This agreement demonstrates our team’s unwavering commitment to making these companies answer for their blatant pollution of Public Water Systems throughout the country.
Ensuring access to clean drinking water is not just a basic human need, but a fundamental right.” proclaims Napoli Shkolnik Partner Paul J. Napoli.

Baron & Budd Obtains Historic $12.5 Billion Settlement With 3M Company to Resolve PFAS Contamination Suits

Retrieved on:

木曜日, 6月 22, 2023

Today, the nationally recognized law firm Baron & Budd announced that 3M Company has agreed to pay up to a record $12.5 Billion nationwide class settlement with public water systems that detect PFAS chemicals in their drinking water supplies.

Key Points:

Today, the nationally recognized law firm Baron & Budd announced that 3M Company has agreed to pay up to a record $12.5 Billion nationwide class settlement with public water systems that detect PFAS chemicals in their drinking water supplies.
Per- and polyfluoroalkyl substances (PFAS) are man-made chemicals that are used in the manufacturing of aqueous film forming foam (AFFF).
Baron & Budd shareholder Scott Summy is court appointed co-lead counsel and one of the architects of the comprehensive settlement structure that addresses PFAS in public water systems across the country.
Many of the suits allege that the use of AFFF was a primary source of the PFAS contamination.

Baron & Budd and Cossich, Sumich, Parsiola & Taylor Obtain Historic $12.5 Billion Settlement with 3M Company to Resolve PFAS Contamination Suits for Public Water Providers

Retrieved on:

木曜日, 6月 22, 2023

“Everyone deserves access to clean drinking water --- PFAS contamination is the largest drinking water crisis in the country and this settlement will help millions of Americans finally achieve this basic right,” said Christina Cossich.

Key Points:

Baron & Budd shareholder Scott Summy is court appointed co-lead counsel and one of the architects of the comprehensive settlement structure that addresses PFAS in public water systems across the country.
Cossich, Sumich, Parsiola & Taylor partners Christina Cossich and Phil Cossich, Jr. teamed with Summy to develop this historic settlement.
These funds will aid public water systems in meeting proposed federal standards that impose significant restrictions on PFAS levels in drinking water.
"We have achieved a historic milestone with the largest-ever settlement in American history specifically aimed at addressing PFAS contamination in public drinking water systems.