News - NECC Fund Distribution Update
Lynne F. Riley, Tort Trustee in the New England Compounding Center bankruptcy proceedings, submitted a report on the status of claims processing on February 8, 2017. A total of 2,352 claims have been filed with Epiq, the National Settlement Administrator. Of these, 2,005 claims have been fully or partially approved by Epiq and/or Judge Neiman, 310 claims have been fully denied by Epiq and/or Judge Neiman, 21 were invalid (typically a duplicate claim filed by a spouse), and 2 were withdrawn by the claimant.
St. Jude Medical Defibrillator Recall
FDA has identified this as a Class I recall, the most serious type of recall. Use of these devices may cause serious injuries or death.
NECC Second Payments Expected This Summer
Tort Trustee Reports Payment Expectation at MDL Status Conference
Final NECC Victims' MDL Payments Due By Summer
The second and final payments to victims of the 2012 fungal meningitis outbreak should come this summer and the underlying court case should be nearing final resolution by August.
Cadden Guilty in NECC Criminal Trial
NECC owner Barry Cadden guilty on racketeering and fraud claims
What is Mass Tort Litigation?
Often seen with defective drugs or medical implants.