Matrixx To Pay $15.5M In Zicam MDL

Law360, New York (December 14, 2010, 5:51 PM EST) -- Matrixx Initiatives Inc. and Zicam LLC agreed Tuesday to pay out $15.5 million to settle with more than 1,000 plaintiffs in product liability suits over allegations Zicam Cold Remedy caused plaintiffs to lose their sense of taste or smell.

The settlement resolves the bulk of outstanding cases and claims in multidistrict litigation in the U.S. District Court for the District of Arizona as well as in state courts in California and Arizona. The settlement covers about 1,014 plaintiffs and 1,127 claimants, Matrixx said.

The plaintiffs and...
To view the full article, register now.