News - NECC Second Payments Expected This Summer
The tort trustee in the NECC MDL proceeding and bankruptcy proceeding reported at a status conference this week that the second payment of monies to resolve the claims involving NECC are expected to be made yet this summer. The tort trustee also indicated that the amount of the second payments should be comparable to the amount of the initial payments received by claimants.
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.