Duane Morris News

Class Action Numbers Dip in 2023, but Settlements Still Costing Billions

Class-action and government enforcement lawsuits continued to take a toll on corporate defendants in 2023, with ten $1 billion settlements and a total cost of $51.3 billion, according to a report released Tuesday by the DuaneMorris law firm. The total …

Duane Morris: 2022 Was a Banner Year for Billion-Dollar Class Action Settlements

Drugmakers and distributors that settled misconduct allegations related to the national opioid epidemic led to a banner year for class-action plaintiffs in 2022, with 15 settlement agreements that totaled $1 billion or more, according to a report by the Duane …

Martin Shkreli’s Law Firm Has Not Been Paid, Seeks to Withdraw

The law firm that defended Martin Shkreli against antitrust charges said it has not been paid, and on Tuesday asked a U.S. judge for permission to withdraw from representing the former pharmaceutical executive best known for hiking the price of …