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by tyrfing
1436 days ago
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Not really, 10B just isn't very much. 95,000 cases are being settled for $25-250k a person, where individual cases are 9 digit awards and only require convincing a jury. 100, max 1000, out of those 95,000 people getting awards at jury trials is enough to make that cheaper. It'll be interesting to see what/if 3M settles earplug liability for. Talc powder liability has already cost JNJ over 5 billion, and that's with the Texas two-step. Also, there's this: > Part of the $1.25 billion will be used to establish an independent expert panel to resolve two critical questions about glyphosate: Does it cause cancer, and if so, what is the minimum dosage or exposure level that is dangerous? > If the panel concludes that glyphosate is a carcinogen, Bayer will not be able to argue otherwise in future cases — and if the experts reach the opposite conclusion, the class action’s lawyers will be similarly bound. |
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