$5.21M In Remaining Pradaxa Settlement Funds To Go To Claimants
(January 4, 2016, 12:45 PM EST) -- EAST ST. LOUIS, Ill. — The Illinois federal judge overseeing the Pradaxa multidistrict litigation on Dec. 23 adopted a magistrate judge’s report and recommendation that the remaining $5.21 million in settlement funds be distributed on a pro rata basis to qualified claimants (In Re: Pradaxa [Dabigatran Etexilate] Products Liability Litigation, MDL Docket No. 2385, No. 12-md-2385, S.D. Ill.).
(Pradaxa balance order available. Document #28-160107-003R.)
U.S. Judge David R. Herndon of the Southern District of Illinois said the remaining funds consist of $2.7 million in reserve funds...