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The judge also ordered Bristol-Myers Squibb and Otsuka to pay
The judge also ordered Bristol-Myers Squibb and Otsuka to pay $1.2 million in penalties to anyone who could not help pay for the entire settlement and $200,000 in legal fees.
"We expect the litigation process to be as streamlined as possible throughout this process," Judge Rodgers said in the decision. "We think there is a lot of merit to each side's claims. The outcome of the litigation process is a matter for our own review."
Bristol-Myers Squibb and Otsuka were fined between $1 million and $2 million, while Bristol-Myers Squibb and Otsuka were fined between $250,000 and $500,000.
The settlement was announced Monday in court documents. The deal was contingent on all parties agreeing to pay $1 billion in legal fees to each side if no agreement is reached.
The lawsuit, filed by Bristol-Myers Squibb and Otsuka, and its plaintiffs, Abilify, has now been consolidated into MDL.
Bristol-Myers Squibb and Otsuka has not yet filed any legal complaint against Bristol-Myers Squibb and Otsuka, but it is looking forward to working with Bristol-Myers Squibb and Otsuka and with Bristol-Myers Squibb and Otsuka on a settlement, according to the filing.
Last December, the three plaintiffs filed a class-action lawsuit against Bristol-Myers Squibb and Otsuka, claiming that for years, they had been under constant duress from Bristol-Myers Squibb and Otsuka and that, when they did not pay their bills on time or when they had no money to pay them, their partners paid them. The lawsuit was dismissed in May 2010, but Bristol-Myers Squibb and Otsuka appealed that decision to the U.S. Court of Appeals for the Second Circuit, which ruled that the third lawsuit was unconstitutionally burdensome and in violation of the Affordable Care Act.
As part of the settlement, Bristol-Myers Squibb and Otsuka agreed to pay $10 million.
Meanwhile, Bristol-Myers Squibb and Otsuka are now filing class-action lawsuits against Bristol-Myers Squibb and Otsuka, alleging that for years they have been under constant duress from both
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