Risperdal Litigation Nears Conclusion: Over $1 Billion Settled as Philadelphia Cases Wind Down
Philadelphia, PA — The highly contentious Risperdal litigation, once a burgeoning mass tort in Philadelphia’s courts with a staggering 7,000 cases just five years ago, has now dwindled to a mere five. The substantial decrease in active lawsuits follows a period of intensive settlements where approximately 6,000 cases were resolved through a combined arrangement that could amount to as much as $1.1 billion. Law firms spearheading these negotiations include Pennsylvania-based Kline & Specter and Sheller PC, along with Arnold & Itkin of Texas, who have collectively notched several high-profile awards. A notable instance being the … Read more