Groundwork Is Laid for Opioids Settlement That Would Touch Every Corner of U.S.

Groundwork Is Laid for Opioids Settlement That Would Touch Every Corner of U.S.

Groundwork Is Laid for Opioids Settlement That Would Touch Every Corner of U.S.

Every city, town and county in the United States could receive a payout in a settlement with the largest makers, distributors and retailers of prescription opioids, if a judge approves an innovative proposal made Friday in an Ohio federal court by lawyers for hundreds of local governments.

The plan, which legal experts describe as “novel” and “unorthodox,” could potentially expand the number of municipalities and counties eligible for compensation in the federal litigation from 1,650 to about 24,500 and open the way for a comprehensive national opioid settlement with the pharmaceutical industry.

“We have an epidemic caused by pills that have wheels, and different areas of the country get targeted at different points in time,” said Joe Rice, one of the lead lawyers, explaining a major obstacle to settlement in the rapidly accumulating cases. “So if you solve the problem in New York City, it doesn’t get addressed in Albany. And everyone recognizes this is a national issue.”


About TriMark

TriMark Legal Funding provides non-recourse pre settlement lawsuit funding and post settlement loans to injured plaintiffs nationwide. Call (877) 932-2628 with questions or to apply for funding.

This post originally appeared here: https://www.nytimes.com/2019/06/14/health/opioids-lawsuit-settlement.html

Click here to see the full original article.

Still have questions?

Call (877) 932-2628 and speak with one of our legal funding experts.

* Word-Use Disclaimer

Legal funding is not a loan. It is the non-recourse purchase of an equitable lien in plaintiffs’ legal claims. Words such as ‘loans,’ ‘lending,’ ‘borrow,’ etc., are used for marketing purposes only.
More info

TriMark Legal Funding LLC
1056 Green Acres Rd #102
Eugene, OR 97408