Global pharmaceutical company Endo International Plc are reportedly putting aside another £583 million to settle the remaining vaginal mesh lawsuits made against them. The staggering but deserved sum is to go towards settling some 22,000 lawsuits internationally, and Endo are to begin paying the amount in instalments at the end of this year and into 2019.
They have not admitted any liability.
The £583 million is in addition to the over £2 billion already agreed for 48,000 cases. Last year, Endo reportedly paid out over £800 million in mesh legal settlements.
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Leading U.K. bank, Lloyds Banking Group, has pledged to refund all fees they charged to customers between 2009 and 2016.
After discussions with the FCA, Lloyds agreed to refund fees they charged to customers who fell behind on their mortgage payments between 1st January 2009 and January 2016. Reportedly, Lloyds charged fees for arrears management and broken payments without checking with customers that the repayment plans were affordable, which is said to be the reason for the refunds.
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Our lawyers successfully helped former student nurses recover financial compensation for the University of Derby’s negligent actions that put them at risk of infection through blood contamination.
The cases were settled outside of court by our expert team of lawyers.
As soon as news broke of the scandal, we were on the case and offering our services to anyone affected. A number of individuals approached us for help and advice, and we took forward claims on a No Win, No Fee basis for individuals affected.
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In the U.S., more than 300,000 BMW owners have been granted their portion from a $478 million (£382 million) settlement over allegations that a technical defect can cause water damage to components in some BMW vehicles.
The lawsuit claimed BMW knew about the issue for years but didn’t do anything to rectify the problem until vehicle owners reported concerns. The water damage allegedly interfered with the vehicle’s Micro Power Module which was placed under the spare tyre, and this allegedly had a knock-on effect on the lights, speedometer and windscreen wipers.
The fact that the module reportedly wasn’t isolated can make the electronic component vulnerable when in contact with liquids.
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Medical device and pharmaceutical manufacturer Johnson & Johnson seem to be paying out lawsuit after lawsuit these days.
Being in the industry they’re in, you could expect a lot of claims, but the lawsuits Johnson & Johnson have faced over the past few years have been huge.
In recent news, a woman from the U.S. has been awarded £85 million after blaming her ovarian cancer on the prolonged use of Johnson & Johnson’s popular talcum powder. 62 year old Lois Slemp reportedly used the product for over 40 years every day, and she is now undergoing chemotherapy after she was diagnosed with ovarian cancer in 2012, which later spread to her liver.
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Following on from the recall issued by De Puy Orthapaedics on their hip implants in 2012, a recent decision has been made at the Court of Appeal over the defective hip replacement devices, where the Court has decided that a safety expectation test must be passed too.
Whilst the claimant Wilkes had suffered from an implant fracture 3-years after the hip replacement implant, the Court looked towards surrounding circumstances like ‘risk benefits’ and how it could have been avoided.
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On the 26th April a federal judge signed off on a $3.4 billion (£2.6 billion) deal to settle a massive action against Toyota. The settlement agreement was pushed forward by the vehicle owners’ lawyers who were led by Blood Hurst & O’Readon LLP and Barnow and Associates PC.
The federal judge approved of the settlement agreement to resolve claims of dangerous rust-prone truck frames. The judge didn’t adjust the settlement offer or the fee request, and at a separate hearing in Los Angeles, U.S. District Judge Fernando Olgiun said he would approve the lawyers’ fees and the final approval of the settlement.
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The worldwide company Johnson & Johnson has been on the end of some monumental compensation claims and group actions across the globe.
The year of 2016 was quite the whirlwind year for Johnson & Johnson; they reportedly lost 6 out of 7 jury verdicts in the U.S. as a result of ‘defective’ products. According to Bloomberg, this year isn’t looking any better.
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Zimmer NexGen knee implants are supposed to provide patients with new artificial knees to last at least 15-20 years. However, there have been numerous reports that the implants have been loosening; causing pain, discomfort and other complications.
With the level of complaints, the implants are believed to be defective and a recall has been issued by the U.S. regulators. However, this isn’t a broken toy that you can just bring to a supermarket for a refund; individuals who have had the knee replacement surgery may be at risk of the implant moving or loosening, and if this occurs, the individual may need knee revision surgery.
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Auto-parts maker Takata is reported to be nearing a settlement for supplying allegedly dangerous airbags that can explode and shoot shards of metal in to the vehicle cabin.
It has been revealed that Takata had been making the potentially defective airbags since the early 2000s, and any attempt to unearth their wrong doings have been covered up or misrepresented, according to media sources.
Some 19 automakers have recalled 42 million cars for repair work. It is unsure for now whether car owners will have to partially pay for the fix, or if Takata will have to pay the full fee. With their expected penalty fine being potentially as huge as $1 billion, this whole fiasco may put the company under serious financial pressure.
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Back in 2013, Hoya group initiated a recall when it was reported that users were having adverse effects from surgically implanted optic lenses.
These lenses are like permanent contact lenses that are fused onto the eye. It’s a medical device commonly used for patients with cataracts or myopia where the lens may have deteriorated. However, many users came forward saying they had symptoms such as:
J&J has had a rough time of late with the J&J talcum-powder lawsuit in which victims argued the use of such powder was a strong cause for ovarian cancer. On top of that we have the ongoing cases for hip replacement products that have been pursued across the world for several years now.
A $1 billion (£813 million) fine was slapped on both J&J and its subsidiary, Depuy Orthopaedics, after a Texas jury found that the metal-on-metal Pinnacle hip implants were defectively designed, and that no warnings were given to consumers to highlight the risk.
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