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Endo offering $35 million to settle Sullivan Baby Doe lawsuit
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Endo International plc [ENDP] stock Resumed by RBC Capital Mkts analyst, price target now $7
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Jury selection is scheduled to begin Thursday for the damages trial in the Sullivan Baby Doe opioids lawsuit. But that might not be necessary as multiple, if not all, local governments involved as plaintiffs in the case appear to be rushing to consider a potential settlement.
Kingsport City Manager Chris McCartt confirmed to the Times News the Kingsport Board of Mayor and Aldermen âwill consider a resolution regarding the opioid litigationâ at its meeting Tuesday, although that resolution had not yet been added to the agenda.
âMore information regarding the matter will be available at that time,â McCartt said, after conferring with an attorney before going on the record about the issue.
NY to Get $200M from Opioid Suit Settlement | The Forum Newsgroup
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Endo Comments on Tennessee Appeals Court Orders
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DUBLIN, July 16, 2021 /PRNewswire/ Endo International plc (NASDAQ: ENDP) today announced the issuance of several orders by the Tennessee Supreme Court and the Tennessee Court of Appeals regarding a default judgment order on liability entered by the Circuit Court for Sullivan County, Tennessee in April 2021 against its wholly-owned subsidiaries Endo Health Solutions Inc. and Endo Pharmaceuticals Inc. (collectively, Endo ) in Case No. C-41916, originally captioned as
Staubus, et al. v. Purdue Pharma, L.P., et al.
On July 13, 2021, the Tennessee Supreme Court denied Endo s requests for discretionary review of the trial court s default judgment order and the trial court s separate order permitting the substitution of new plaintiffs in the case. Today, the Tennessee Court of Appeals declined to hear Endo s appeal as of right from the default judgment order, stating in its rulin