Recent statements by President Donald Trump, along with a planned U.S. Food and Drug Administration change to Tylenol’s labeling, have plaintiffs’ attorneys, including the law firm of the late Peter Angelos, looking forward to a big payday ( “FDA Tylenol label change could bolster autism lawsuits, says Angelos law firm,” Sept. 25).
Based on previous mass tort suits, the payouts could be huge with plaintiffs’ attorneys collecting 30% to 35% of the payout.
Bayer set up a settlement fund of $11 billion to cover suits claiming Roundup caused cancer. Johnson & Johnson set up an $8 billion settlement fund to cover suits alleging talcum powder caused ovarian cancer. Dow Corning has set up a $3.2 billion fund to cover suits alleging systemic illnesses caused by silicone breast implants. These