Quoted from http://www.bloomberg.com/news/2012-11-01/johnson-johnson-reaches-settlement-in-845-levaquin-cases.html
Johnson & Johnson Settles 845 Levaquin LawsuitsBy Margaret Cronin Fisk and Beth Hawkins - Nov 1, 2012 4:44 PM ET
Johnson & Johnson (JNJ) settled lawsuits with about 845 plaintiffs who claimed the drugmaker didn’t properly warn of the risks of tendon damage from its antibiotic Levaquin.
The settlements were disclosed in an Oct. 30 filing in federal court in Minneapolis, where a judge is overseeing about 1,900 Levaquin lawsuits. The initial agreements will be completed in the next two weeks, the plaintiffs said in the filing, which didn’t say how much Johnson & Johnson would pay.
According to the filing, Johnson & Johnson faces more than 3,400 state and federal lawsuits alleging tendon injuries from the drug, including about 1,500 cases in New Jersey state court.
Johnson & Johnson has won three of the four Levaquin cases that have gone to trial. It lost the first, a jury verdict for $1.8 million in 2010. Settlement discussions are under way with about 190 other plaintiffs, according to the filing.
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