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Publication Source Archive: Bloomberg Law

$8M Fantasy Sports Settlement Does Not Include FanDuel

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Source: Bloomberg Law
DraftKings Inc. will pay $8 million to resolve class action claims that it engaged in advertising campaigns that misrepresented the difficulty of daily fantasy sports contests and the terms of promotional offers, under the terms of a proposed settlement filed in the District of Massachusetts. The agreement does not include claims against FanDuel Inc. in…Read the article

Bloomberg Law Quote H. Shkolnik on Purdue Pharma

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Source: Bloomberg Law
Purdue Pharma is poised to wrap up all liability for its role in the opioid crisis in a matter of weeks after its $8.3 billion settlement with the Justice Department cleared the way to resolve outstanding bankruptcy claims. “This clears the way for a Purdue bankruptcy plan to be finalized and to be put forward…Read the article

Bloomberg Law: Coronavirus Vaccine, Adverse Reactions, Law

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Source: Bloomberg Law
Americans who suffer adverse reactions to coronavirus vaccines that the U.S. is racing to develop will have a hard time getting compensated for injuries from the drugs. After 9/11, Congress created the countermeasures program to speed compensation to people injured from drugs, vaccines, and devices developed in response to pandemics and national security events. the…Read the article

Bloomberg Law Quotes Hunter Shkolnik on NY Opioid Trial

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Source: Bloomberg Law
The first lawsuit putting the entire opioid supply chain on trial will begin pretrial hearings Friday in New York State Supreme Court in Suffolk County. “We’re going to lay out the whole case for the court, for the public,” said Hunter Shkolnik, who represents some of the plaintiff municipalities. “This will be the first time…Read the article

Bloomberg Law Quotes Hunter Shkolnik on Opioid Litigation

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Source: Bloomberg
Suboxone and it’s generic equivalent, buprenorphine-naloxone, are life-saving drugs that have helped many people escape a cycle of getting high off of prescription opioids and heroin. “You hook ‘em on the oxys, you’re going to have a methadone or Suboxone patient for the rest of their life,” said Hunter Shkolnik, an attorney on the executive…Read the article

Bloomberg Law Quotes Hunter Shkolnik on $50B Offer

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Source: Bloomberg Law
Nearly two dozen states and most of the cities and counties suing to hold the industry responsible for the havoc and high costs of the opioid epidemic say the terms of the $50 billion still aren’t good enough.Read the article