Settlement Funds Established In Avandia MDL

Law360, New York (November 16, 2010, 6:06 PM EST) -- The federal judge overseeing multidistrict litigation accusing GlaxoSmithKline PLC of concealing the risks associated with its diabetes medication Avandia has approved the creation of two settlement funds to facilitate the ultimate resolution of several plaintiffs' personal injury claims.

Judge Cynthia M. Rufe of the U.S. District Court for the Eastern District of Pennsylvania on Friday signed an order establishing separate qualified settlement funds for Avandia-related personal injury plaintiffs represented by the law firms Morelli Ratner PC and Freese & Goss PLLC.

Partner Benedict P. Morelli will...
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