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Monheit Law : Blog Home : 2005-04-05 : Article

WYETH GIVES APPROVAL TO NEW FEN-PHEN SETTLEMENT OFFER

Diet drug manufacturer Wyeth has officially green-
lighted a proposed settlement offer for fen-phen
plaintiffs who opted out of the nationwide class
action settlement, but said the agreement was
contingent on the "overall level of participation"
in the process. Plaintiffs attorney and ATLA member
Wayne Spivey said lawyers representing 30,000
plaintiffs - half of the 60,000 fen-phen cases pending nationwide - are participating. "It's a very good
thing," he said. "It's the beginning of the end."


The Legal Intelligencer, Law.com, 03/03/2005
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