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States and Cities Close to Provisional $ 26 Billion Transactions in Opioid Cases

Johnson & Johnson, and other manufacturers, are being tried in California state courts. Just settled with New York And last month, on the eve of the trial, two counties in New York. The New York Settlement of $ 230 million will be paid over a nine-year period, with an additional $ 33 million in attorneys’ fees and fees. This will be deducted from the country’s amount if confirmed.

Indeed, over the years, one commitment has been attorneys’ fees. Countless lawyers contributed to varying amounts of work and argued with each other during negotiations over who should be paid and how much. According to the settlement, private lawyers representing thousands of counties and municipalities were paid about $ 1.6 billion and costs, $ 50 million, and private lawyers who worked in the state about 350 million. Dollars will be paid.

Johnson & Johnson, widely known as a company that prefers to bring proceedings to trial rather than settle proceedings, has faced a river of infamy in recent years. last month, Supreme Court of the United States We will give the company a $ 2.1 billion verdict for asbestos deaths related to talcum powder.The company also reported rare blood clots and Neurological state Related to that single dose Covid vaccine and some recalls That sunscreen.

However, as legal costs increased, plaintiffs also faced increasing pressure on the settlement.

And most urgently Number of people During the pandemic, I’m addicted to prescription opioids and street drugs.Last week, the federal government announced: 2020 Deaths were seen from record numbers of overdose due to illegal and prescribed opioids.

In particular, the Reconciliation Fund is not intended to cover the families of victims of the 20-year opioid crisis, which killed at least 500,000 people from prescription and street opioid overdose. According to federal data..

These cases were filed primarily by state, local and tribal governments under a theory known as “pollution.” Opioid supply chain companies were responsible for causing disasters that interfered with public health. The remedy for pollution claims is “mitigation”, the money for programs to reduce “jamming”.

Critics of the current settlement claim that distributors have a leisurely 17 years to pony their share, but advocates of the deal are addiction prevention, education, treatment, etc. He states that cash injections will be required over a sustained period for the program to take root.

Saramas Linnil contributed to the report.

States and Cities Close to Provisional $ 26 Billion Transactions in Opioid Cases

Source link States and Cities Close to Provisional $ 26 Billion Transactions in Opioid Cases

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