Judge OKs Common Benefit Fund In Zyprexa Suit

Law360, New York (August 20, 2007, 12:00 AM EDT) -- A federal judge overseeing the multidistrict litigation against Eli Lilly & Co.'s blockbuster Zyprexa has adopted the recommendations of the special master in the case, who proposed a fund for the lawyers of plaintiffs who opted out of the November 2005 deal with the drug maker.

Following an evidentiary hearing on Aug. 14, Brooklyn district court judge Jack B. Weinstein on Friday ordered the establishment of a common benefit fund, setting aside 3% of the gross recovery for attorneys whose plaintiffs' claims have yet to be...
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