How Long Will It Take To Settle Actos Suits?
The lawyers at Saiontz & Kirk, P.A. represented individuals throughout the United States who are pursuing an Actos lawsuit for bladder cancer caused by side effects of the popular diabetes drug.
In April 2015, a global settlement to resolve more than 8,000 cases for about $2.4 billion. However, individuals diagnosed with cancer after the date of this settlement, or who still have time available under the statute of limitations may still be able to pursue a recovery in their case outside of this settlement.
The amount of any settlement would be based on what that individual plaintiff may be able to recover if their case goes to trial.
A number of state court juries previously returned multi-million dollar damage awards as a result of the drug makers’ failure to warn about the link between Actos and bladder cancer, and a federal jury ordered Takeda Pharmaceuticals and Eli Lilly to pay $9 billion in punitive damages in April 2014. While that award was later reduced to about $37 million by the trial judge, it sent a clear sign about the types of awards juries may return if the drug makers fail to reach large numbers of Actos settlements.