Browsing "Mass Tort Cases"

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AHP 1: Stock rise ignores the fen-phen litigation

May 30,1998 Introduction: After American Home Products withdrew Redux and Pondimin from the market last September, the stock fell.  In [...]

May 30, 1998
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AHP 2: Punitive damages awarded in Diet Drug Cases

A summary of four earlier Verdict reports show that AHP had repeatedly underestimated reserves for fen-phen.

Aug 16, 1999
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AHP 3: Diet drug settlement costs continue to rise

May 24, 2000 1) December 31, 1997: Verdict reported that AHP’s fen-phen exposure exceeded the then current estimates of $3-4 [...]

May 24, 2000
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AHP 4: Fen-phen reservers were consistently low

On 5/27/05 Bloomberg  said Wyeth increased fen-phen reserve to $21.1 billion Until AHP releases more data Verdict can not evaluate [...]

Mar 9, 2011
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AHP 5: Fen-phen, The $22 Billion Gold Rush

Forbes Magazine reports the final cost of AHP/Wyeth's fen-fen suits to be $22 billion.

Mar 29, 2006
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Asbestos I: Executive Summary

March 11, 2003 1-    Asbestos litigation has not peaked.  Although 90% of asbestos claimants are unimpaired, the number of seriously [...]

Mar 11, 2003
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Asbestos II: Litigation

March 10, 2003 Large verdicts and massive consolidated trials continue to shock investors, but most lawyers agree that nothing new [...]

Mar 10, 2003
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Asbestos III: “Premises Defendants” Under-Reserved

March 10, 2003 I.  Introduction Most companies that have been bankrupted by asbestos claims were defeated because the injuries of [...]

Mar 9, 2003
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Asbestos IV: Conspiracy Theory in Asbestos Litigation

Introduction Since Johns Manville filed for bankruptcy in 1982, asbestos litigation has bankrupted 71 companies, but the disappearance of these [...]

Mar 10, 2003
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Asbestos V: Bankrupt Defendants

A C and S A. P. Green AMATEX American Club American Shipbuilding, Inc. Armstrong Cork Company Armstrong World Industries, Inc. [...]

Mar 10, 2003
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