Franck’s Compounded Drug MDL Closed Following Settlement
(May 4, 2016, 8:36 AM EDT) -- NEW ORLEANS — The Louisiana federal judge overseeing the Franck’s compounded drug multidistrict litigation on April 21 dismissed all 36 cases, noting that 120 days have passed since the court finalized a $6.38 million settlement (In Re: Franck’s Lab, Inc., Products Liability Litigation, MDL Docket No. 2454, E.D. La.).
The order was entered by U.S. Judge Kurt D. Engelhardt of the Eastern District of Louisiana.
Magistrate Judge Karen Wells Roby served as special master to determine the allocation of settlement funds. In October, Judge Engelhardt approved...