Punitive Damage Award Against Actos Manufacturer Significantly Reduced by Judge

Actos Side Effects
Earlier this year, jurors in Lafayette, Louisiana, concluded that Takeda and Eli Lilly intentionally withheld the significant health risks linked to the diabetes prescription drug, Actos. The Louisiana jury awarded $9 billion in punitive damages. However, the judge recently ruled, on October 27th, 2014, that this amount was excessive and reduced the punitive damage award to $36.8 million. The judge stated that the reduced award is the maximum amount a jury could have properly awarded under current American law. The judge also denied Takeda and Eli Lilly’s request for a retrial.
Currently, Takeda faces more than 8,000 lawsuits in the United States accusing it of withholding information regarding the dangerous side effects of its diabetes drug Actos.
Actos has generated more than $16 billion in sales, and has been marketed throughout the United States by Takeda and Eli Lilly.
Nadrich & Cohen is handling Actos Bladder Cancer Side Effect claims throughout the country.
If you or your loved one developed bladder cancer while using or after using Actos, call 1-800-722-0765 now to speak with an Actos Side Effect Lawyer. If we take your case, there’s absolutely no cost to you, unless recovery is obtained. Call 1-800-722-0765 today for a free, confidential consultation, or request a free consultation by completing the contact form on this page.

The Nadrich & Cohen personal injury blogs are sponsored by Nadrich & Cohen, LLC. This blog features news stories, personal cases and analysis of current events, all of which are intended for illustrative purposes only. Each case is different, and legal authority is constantly changing and evolving. Therefore, nothing on this site should be viewed as a guarantee or prediction of a similar future outcome. The information on this site should not be treated as authoritative, and readers should always consult with legal counsel before making any important legal decisions. Lastly, Nadrich & Cohen, LLC is not responsible for any comments contributed by visitors to this website.

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