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Although Bard maintained that their vaginal mesh was "safe and effective", they began negotiations in 2013 to settle the nearly 30,000 legal claims. [11] By August 2015, Bard had agreed to pay more than $200 million, thereby resolving about one-fifth of the outstanding lawsuits at that time. [10]
In 1999, the company agreed to pay $3.75 billion in compensation — up to $1.5 million per user — in a national settlement. Wikimedia Commons GlaxoSmithKline
The following is a list of the 21 largest civil settlements, reached between the United States Department of Justice and pharmaceutical companies from 2001 to 2017, ordered by the size of the total civil settlement. Some of these matters also resolved criminal fines and penalties, listed in parentheses, but these amounts are not considered when ...
Facebook recently paid 1.4 million Illinois residents $397 in 2022 as part of a class action lawsuit for facial recognition breaches through its “Tag Suggestions” feature, per CNBC.
The settlement of the lawsuit defines legal requirements of the parties and is often put in force by an order of the court after a joint stipulation by the parties. In other situations (as where the claims have been satisfied by the payment of a certain sum of money), the plaintiff and defendant can simply file a notice that the case has been ...
The class action settlement reached with Chemtool and its parent company Lubrizol Corp. includes an estimated 2,700 homeowners and tenants who lived within 3 miles of the lubricant production ...
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