Verdicts & Settlements Archives - Consumer Justice Foundation

Category: Verdicts & Settlements

Depo-Provera and HIV

February 17, 2015

Side Effects of Depo-Provera Birth Control May Include Increased Risk of HIV Some women using the Depo birth control shot may have a 40% increased Lorem ipsum dolor sit amet, consetetur sadipscing elitr, sed diam nonumy eirmod tempor invidunt ut labore et dolore magna aliquyam erat, sed diam voluptua. At…

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GlaxoSmithKline – $3 Billion Healthcare Fraud Settlement

July 2, 2012

The giant pharmaceutical company GlaxoSmithKline has agreed to a settlement with the US government for the largest settlement in the United States history up to this point (2012). The governmet alleged that the giant healthcare network advertised drugs for uses not approved by the FDA and showered doctors with…

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Zyprexa – (2007) $500 million

June 8, 2012

Eli Lilly agreed to pay an additional $500 million in 2007 to settle 18,000 more product liability lawsuits for its antipsychotic Zyprexa. In June 2007, Eli Lilly settled another 900 Zyprexa lawsuits but declined to release the settlement amount.

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Zyprexa – (2005) $690 million

June 8, 2012

Zyprexa maker Eli Lilly & Co. agreed to pay $690 million in 2005 to resolve about 8,000 lawsuits over its antipsychotic drug and possible diabetes side effects. Most of the Zyprexa lawsuits alleged that Eli Lilly failed to adequately display on the Zyprexa label the risk of hyperglycemia and…

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World Com – (2005) $6.2 billion

June 8, 2012

In 2005, World Com settled a class action lawsuit filed by investors who held stock in the company from April 29, 1999 through June 2, 2002. Fraud lawsuits were initiated against World Com and employees Bernard Ebbers (CEO), Scott Sullivan (CFO), David Myers (Controller) and Buford Yates (Accounting Director)….

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Vioxx – (2007) $4.85 billion

June 8, 2012

In 2007, Vioxx maker Merck & Co. agreed to pay $4.85 billion to resolve a class action lawsuit filed on behalf of the families of 3,468 Vioxx users who died of heart attacks and strokes. Merck established the settlement fund in 2007 after it set aside $1.9 billion to…

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Tyco International – (2007) $3.2 billion

June 8, 2012

In 2007, a series of class action lawsuits were filed against Tyco International Ltd., former Tyco directors and officers, and PricewaterhouseCoopers, and settled for $3.2 billion. The lawsuits alleged that the named entities and individuals made misleading and false public statements and omitted material information about Tyco’s finances in…

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