Over the last year, there have been more than 2,000 lawsuits filed against the opioid industry. Most of these suits have been targeted at the leading drug distributors. This includes AmerisourceBergen Corp., McKesson Corp. and Cardinal Health. Now, plaintiffs are adding opioid manufacturers to the list as well.
Recently, Mallinckrodt Plc and CVS Health Corp. have been named as defendants in the multidistrict litigation. Right now, the majority of these cases have been consolidated and are being heard in Cleveland, Ohio. The current case that is pending a settlement is being heard by the United States District Court for the Northern District of Ohio.
For a while, it looked like this litigation was on the brink of settling. The defendants were offering more than $19 billion. This was intended to cover a legal fund, actual damages and compensation to the counties and government agencies involved in the suit. These counties and their leaders are demanding that they be reimbursed for the billions of dollars they have spent battling the opioid epidemic.
Now, plaintiffs are calling for even more money to be disbursed. They want an addition $5-6 billion added to the total settlement proposal. They intend for most of this money to be paid directly to the counties and local governments. They also want an additional $800 million added to the legal fund. Whether or not this settlement is going to be accepted is unknown.
Many experts believe a settlement is likely, especially given the economic climate during COVID-19. With the country on the brink of another recession, it may make more sense for the plaintiffs to take the money and run.
If you or your loved one have been injured by any sort of medication, make sure to call our office right away.