Friday, April 11, 2008

The 33 Consumer-Fraud Actions have been Consolidated in New Jersey. . . .


UPDATED: The Congressional committees are making huge gifts to the plaintiffs' causes here -- releasing loads of pretty significant evidence to the public internet.

This morning, Regan H. Crotty, of Dechert LLP (Schering's counsel in these matters) filed a notice that the Multi-District Panel (or "MDL") has decided to consolidate some 33 separate cases, and have them handled by Judge Cavanaugh, in the United States District Court for the District of New Jersey. The consolidated consumer-fraud cases will be henceforth found under a single docket number, there -- MDL No. 1938.

In a footnote, the MDL Panel's order indicates there are now at least 100 separate lawsuits pending, some alleging securities fraud, some alleging RICO violations, and some alleging ERISA violations, as well as these consumer fraud claims. Eventually, I'll have summaries of each of the sorts of allegations up here, by links. Click it to enlarge:



I'll be back later, to I've just summarized some of these consumer fraud suits' allegations.

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