Cardinal Health Settlements

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Cardinal Health Opioid-Related Derivative Suit Settled for $124 Mi…

(2 days ago) People also askWhat is the Cardinal Health settlement?The Cardinal Health settlement, which is subject to court approval, is the latest massive settlement of opioid-related derivative litigation. It also represents another example of a massive settlement of a breach of the duty of oversight claim. The settlement is to be funded entirely by Cardinal Health’s D&O insurers.Cardinal Health Opioid-Related Derivative Suit Settled for $124 Million dandodiary.comWhat is Cardinal's settlement agreement with defendants' insurers?According to the plaintiffs’ motion, the $124 million settlement amount is “to be paid by Cardinal by Defendants’ insurers.” The plaintiffs’ motion also states that Cardinal has agreed to pay plaintiffs’ counsel an aggregate fee and expense award of 25% of the settlement amount, subject to court approval.Cardinal Health Opioid-Related Derivative Suit Settled for $124 Million dandodiary.comHow much does Cardinal Health pay?Under the terms of the settlement, Cardinal Health has agreed to pay the United States and the states $13.125 million plus interest.Clients' Cardinal Health False Claims Act Suit Settles For whistleblowerllc.comDid Cardinal Health induce physicians to buy specialty pharmaceutical products?The settlement resolves allegations that Cardinal Health induced physician practices to purchase specialty pharmaceutical products from it by paying them remuneration in advance of the practice making any drug purchases and not in connection with specific purchases.Clients' Cardinal Health False Claims Act Suit Settles For whistleblowerllc.comFeedbackcardinalhealthsecuritiessettlement.comhttp://www.cardinalhealthsecuritiessettlement.comCardinal Health Securities SettlementWebThe proposed Settlement will create a cash settlement fund of $109,000,000 in cash. The Settlement provides that, in exchange for the release of the Released Plaintiffs’ Claims and dismissal of the Litigation, Cardinal Health will cause its insurers to pay $109,000,000 in …

https://www.dandodiary.com/2022/05/articles/shareholders-derivative-litigation/cardinal-health-opioid-related-derivative-suit-settled-for-124-million/#:~:text=In%20what%20is%20one%20of%20the%20largest%20ever,the%20latest%20massive%20settlement%20of%20opioid-related%20derivative%20litigation.

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Law360: $109 Million Recovery in Cardinal Health Case Approved …

(7 days ago) WebSeptember 14, 2023. On September 13, 2023, a $109 million settlement in a securities fraud class action against Cardinal Health, Inc. and certain of its former officers received …

https://www.rgrdlaw.com/news-item-Law360-109Million-Recovery-in-Cardinal-Health-Case-Approved-by-Court.html

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Cardinal Health paying $26.8 million in FTC settlement

(5 days ago) WebThe FTC said the settlement is the second largest it has obtained in an antitrust case. “We have reason to believe that Cardinal Heath, by preventing other …

https://apnews.com/cardinal-health-paying-26-8-million-in-ftc-settlement-379df39266c04670804cc104bfd72ec4

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Cardinal Health Opioid-Related Derivative Suit Settled for $124 …

(Just Now) WebThe Cardinal Health settlement, which is subject to court approval, is the latest massive settlement of opioid-related derivative litigation. It also represents …

https://www.dandodiary.com/2022/05/articles/shareholders-derivative-litigation/cardinal-health-opioid-related-derivative-suit-settled-for-124-million/

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Cardinal Health announces settlement of investors' opioid suit

(9 days ago) WebCardinal Health directors’ insurers will pay the company $124 million to settle a stockholder derivative action related to the opioid crisis. The company (NYSE: CAH) on …

https://www.pharmaceuticalprocessingworld.com/cardinal-health-124m-investors-opioid-suit/

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Cardinal Health $124M shareholder derivative …

(3 days ago) WebAn Ohio court will hold a hearing on Oct. 4 where it will likely formally approve a $124M settlement in a shareholder derivatives lawsuit against Cardinal Health (CAH).

https://seekingalpha.com/news/3859808-cardinal-health-124m-shareholder-derivative-settlement-set-for-october-court-approval

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Cardinal Health Opioid Derivative Suit Ends With Settlement Nod

(4 days ago) WebCardinal Health Inc. and more than a dozen of its directors have gotten final court approval of a $124 million settlement to resolve shareholders’ derivative claims …

https://news.bloomberglaw.com/litigation/cardinal-health-opioid-derivative-suit-ends-with-settlement-nod

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Cardinal Health to pay $6.4 billion as part of opioid …

(7 days ago) WebThe Columbus Dispatch. Cardinal Health will report a $140 million charge when it releases its quarterly financial results next month as part of the $26 billion opioid settlement that was struck

https://www.dispatch.com/story/business/2021/07/22/cardinal-health-pay-6-4-billion-part-opioid-settlement/8053626002/

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Cardinal Health fourth-quarter profit hurt by opioid settlements

(4 days ago) WebLast month's $26 billion opioid settlement took a chunk out of Cardinal Health's fourth-quarter profit. The Dublin-based wholesale drug distribution and medical …

https://www.dispatch.com/story/business/2021/08/05/cardinal-health-fourth-quarter-profit-hurt-opioid-settlements/5481702001/

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Cardinal Health Agrees to Pay More than $13 Million to Resolve

(5 days ago) WebAccording to facts that the company has acknowledged in the settlement agreement, Cardinal Health, Inc. failed to meet these requirements because the upfront …

https://www.justice.gov/usao-ma/pr/cardinal-health-agrees-pay-more-13-million-resolve-allegations-it-paid-kickbacks

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Cardinal Health Resolves Kickback Allegations for $13 Million

(9 days ago) WebSettlement. To resolve the allegations, Cardinal Health agreed to pay a total of $13,125,000, including $8,750,000 in restitution. As part of the settlement, …

https://www.policymed.com/2022/02/cardinal-health-resolves-kickback-allegations-for-13-million.html

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NOTICE OF PENDENCY AND PROPOSED SETTLEMENT OF …

(6 days ago) WebPursuant to the Settlement described herein, a $109,000,000 Settlement Fund has been established. Based on Lead Plaintiff’s estimate of the number of shares of Cardinal …

https://www.cardinalhealthsecuritiessettlement.com/media/4276508/chss_notice_final.pdf

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Drug distributor to pay $13M to settle kickback allegations

(3 days ago) WebThose whistleblowers will receive about $2.6 million of the settlement. “Cardinal Health recruited new customers by offering and paying cash bonuses in …

https://apnews.com/article/business-boston-statutes-medicare-cardinal-health-inc-0c47172cd3ae1b6b4847ac00ff15cf89

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United States Reaches $34 Million Settlement With Cardinal …

(1 days ago) WebSEATTLE - Cardinal Health has agreed to pay $34 million in civil penalties to resolve allegations that the Lakeland, Florida-based distributor failed to report to the …

https://www.dea.gov/press-releases/2016/12/27/united-states-reaches-34-million-settlement-cardinal-health-civil

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Clients' Cardinal Health False Claims Act Suit Settles For $13.125 …

(6 days ago) WebClients’ False Claims Act Suit Against Cardinal Health Leads to $13.125 Million Recovery. January 31, 2022. The United States and several states have settled a …

https://www.whistleblowerllc.com/cardinal-health-false-claims-act/

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United States Reaches $34 Million Settlement with Cardinal Health …

(Just Now) WebThe settlement announced today imposes a civil monetary sanction for the conduct addressed in Cardinal Health’s administrative settlement executed with the …

https://www.justice.gov/usao-wdwa/pr/united-states-reaches-34-million-settlement-cardinal-health-civil-penalties-under-0

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Tracking the opioid lawsuit settlements amidst calls for oversight

(Just Now) WebStricter regulations and monitoring mechanisms promise to help prevent similar crises in the future by ensuring that key industry players prioritise public health and safety. "Tracking …

https://www.msn.com/en-us/money/companies/tracking-the-opioid-lawsuit-settlements-amidst-calls-for-oversight/ar-BB1mvCuB

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Republicans OK $36M opioid settlement spending, shut down …

(5 days ago) WebThe settlement is part of a $26 billion deal between opioid manufacturer Johnson & Johnson and distributors AmerisourceBergen, Cardinal Health and …

https://www.jsonline.com/story/news/politics/2024/05/07/republicans-ok-36-opioid-settlement-money-but-shut-down-pfas-talks/73588057007/

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FDA Approves First Eylea Biosimilars

(8 days ago) WebAccording to data from Cardinal Health, at least 8 aflibercept biosimilars are expected to enter the market in 2024, but similar to the adalimumab and ustekinumab …

https://www.centerforbiosimilars.com/view/fda-approves-first-eylea-biosimilars

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Attorney General Todd Rokita sends out $8.8 million in next round …

(1 days ago) WebIn addition, this round of payments includes settlement funds from two distributors — AmerisourceBergen (now known as Cencora) and Cardinal Health. …

https://events.in.gov/event/attorney-general-todd-rokita-sends-out-88-million-in-next-round-of-opioid-settlement-funds-to-hoosier-communities

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Georgia opioid settlements: May 17 is last day to apply

(6 days ago) WebPharmaceutical giants AmerisourceBergen, Cardinal Health, McKesson, and Johnson & Johnson were ordered to pay states $26 billion for their role in the opioid …

https://www.11alive.com/article/news/health/apply-georgia-opioid-settlements/85-915daf62-0a2e-42d6-b8dc-6a52e25039b2

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Opioid settlement sending $7.6 million to Kitsap County programs

(2 days ago) WebThe funding stems from an October 2022 settlement between the state and three opioid distributors: McKesson Corp., Cardinal Health Inc. and AmerisourceBergen …

https://www.kitsapsun.com/story/news/2024/05/14/opioid-settlement-sending-7-million-to-kitsap-county-programs/73676348007/

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As a result of AG Ferguson’s lawsuit, Teva begins delivery of more …

(1 days ago) WebAlso in 2022, Ferguson’s case against the three largest opioid distributors — McKesson Corp., Cardinal Health Inc. and AmerisourceBergen Drug Corp. — led to a …

https://www.atg.wa.gov/news/news-releases/result-ag-ferguson-s-lawsuit-teva-begins-delivery-more-54000-free-naloxone-kits

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Pension & Relief Fund v. Cardinal Health, Inc., et al. Cardinal …

(2 days ago) WebPROOF OF CLAIM AND RELEASE I. GENERAL INSTRUCTIONS. 1. To recover as a Member of the Settlement Class based on your claims in the action Louisiana Sheriffs’ …

http://cardinalhealthsecuritiessettlement.com/media/4276511/chss_poc_final_web.pdf

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Indiana communities to receive $8.8M from next round of opioid …

(9 days ago) WebThe next round of opioid settlement funding distributed by the Office of the Attorney General will total $8.8 million, a portion of the roughly $925 million secured so …

https://dailyjournal.net/2024/05/20/indiana-communities-to-receive-8-8m-from-next-round-of-opioid-settlement/

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UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF …

(9 days ago) WebThis Stipulation of Settlement, dated March 31, 2023 ( together with all Exhibits hereto, the Cardinal Health, Inc., et al.cv-3347 (the , Case No. 2:19-“Litigation”). The initial …

http://cardinalhealthsecuritiessettlement.com/media/4276502/stipulation_of_settlement.pdf

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