[We are] pleased that AMS/ Endo has stepped up with a major effort to resolve claims of thousands of women.
CHARLESTON, W.Va. (PRWEB) October 02, 2014
Managing partner for The Bell Law Firm and member of the Executive Committee of the Plaintiffs’ Steering Committee for Endo International/ American Medical Systems’ (AMS) multidistrict litigation (In Re: American Medical Systems, Inc. Pelvic Repair System Products Liability Litigation MDL 2325), Harry F. Bell, Jr., announced Sept. 30 that a $1.6 billion settlement has been reached to resolve over 20,000 cases related to its pelvic mesh devices. (1)
“[We are] pleased that AMS/ Endo has stepped up with a major effort to resolve claims of thousands of women," Bell said. “[We] would hope that other manufacturers who [may be] spending vast amounts to fight these cases instead get serious about resolving them,” said Bell.
Endo’s settlement is in no way an admission of fault or liability, CEO Rijav De Silva said in a company press release. (2) Bell notes that payments are likely to be distributed over the next year, though individual plaintiffs’ recovery amounts may vary based on the severity of injuries. Those who’ve undergone revision surgeries might expect a larger payment, he explains.
De Silva says that Endo has added $400 million to its $1.2 billion liability reserve for the devices. (3)
"Women should wait for confidential details from their counsel,” Bell said of individual payment amounts.
The Bell Law firm is currently processing cases for resolution. For further information, visit belllaw.com, or call The Bell Law Firm at 1-800-342-1701.
About The Bell Law Firm
With the legal and technical resources necessary to litigate the most complex personal injury cases, The Bell Law Firm is proud to represent injury and accident victims from their office in Charleston, West Virginia. Having recovered millions of dollars for personal injury victims, the experienced attorneys at The Bell Law Firm work closely with their clients to successfully deliver justice on their behalf. For more information or for a free, no-obligation case review, visit belllaw.com or call 1-800-342-1701.
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Charleston, W.Va. 25301
1., 2. Endo Reaches Master Settlement Agreement to Resolve Substantially All Remaining AMS Mesh Litigation Claims, http://www.cnbc.com/id/102046825, 30 Sept., 2014
3. Endo Said to Pay $400 Million Plus in Vaginal Mesh Accord, http://www.bloomberg.com/news/2014-10-01/endo-said-to-pay-400-million-plus-in-vaginal-mesh-accord.html, 1 Oct., 2014