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Takeda’s $2.37 Billion Actos Settlement goes through, says Lawsuitsettlementnews.com
NEW ORLEANS, Sept. 21, 2015 /PRNewswire/ -- MT Services LLC, a Lawsuit Settlement News Reporting Company which operates lawsuitsettlementnews.com, announced today that Takeda Pharmaceutical Co.'s $2.37 billion settlement over their diabetes drug Actos is going through and moving forward. Actos drug maker, Takeda, agreed to toss in another $100 million if enough claimants signed up with matching settlement criteria – 97% of the claims to be exact. There are approximately 10K lawsuits against them of claims that Actos causes cancer, and now that enough claimants are on board and participating in the settlement offer, the $2.37 billion settlement is moving forward. The high settlement would result in average awards of more than $296,000 per case for plaintiffs who participated the settlement, however, settlement awards may be reduced depending on certain factors such as age, smoking history, and toxin exposure. Despite the settlement, Takeda stands behind their diabetes drug Actos.
Chris Janish, CEO of MTS, commented on the recent update in the Actos settlement, "We are pleased to see that the settlement is now moving forward. The light at the end of the tunnel for so many Actos plaintiffs and their families is now visible. However, there still remains a long process to finally get their funds. We don't anticipate payments until early 2016 in most cases. However, we are now able to offer the lowest rates on certain Actos cases for clients who need a portion of their money now."
MTS is able to help those who need lawsuit help with obtaining an Actos lawyer or Actos law firm to provide a free evaluation on their specific case. To learn more about MTS' services involving Actos as well as other bad drug litigations, please visit: https://www.lawsuitsettlementnews.com/actos-cases
If you already have an attorney and have filed a lawsuit and need a lawsuit funding cash advance or lawsuit money, not to be confused with a lawsuit loan or pre-settlement loan, Lawsuit Settlement News is here to assist you. Those who have been injured from Actos can apply for up to $100K in pre-settlement or settlement lawsuit funding. For a full list of the services that the company provides, visit: https://www.lawsuitsettlementnews.com/about-our-products-and-services
If you, or a loved one, have suffered complications from Actos and need lawsuit money or lawsuit help, including finding an Actos attorney or law firm, please call 877.571.0405.
You may also fill out a quick application online at: www.lawsuitsettlementnews.com and an experienced agent will contact you shortly.
Disclaimer: MT Services LLC, operator of Lawsuitsettlementnews.com, is not a law firm and cannot provide legal advice on your case; however, MTS works with lawyers involved in mass tort litigations who are willing to provide a free legal consultation at the consumer's request. For a list of full disclosures please visit the company's website disclosure page.
Chris Janish, CEO
SOURCE MT Services LLC