FinancialBuzz.com’s latest The Buzz Show: Featuring Our Corporate News Recap on “Endo International PLC Settles New York State Opioid Cases”
Endo International PLC (NASDAQ: ENDP) climbed over 20% in premarket trading after announcing that it and its wholly-owned subsidiaries have settled three consolidated cases pending in Suffolk County Supreme Court in the State of New York.
As a result of the settlement, Endo’s subsidiaries have been severed from the trial as the settlement fully and finally resolves all of the asserted claims in exchange for a total payment of $50 million, and includes no admission of wrongdoing, fault or liability, even as litigation of the remaining opioid claims is ongoing.
Endo (NASDAQ: ENDP) is a specialty pharmaceutical company committed to helping everyone we serve live their best life through the delivery of quality, life-enhancing therapies. Our decades of proven success come from a global team of passionate employees collaborating to bring the best treatments forward. Together, we boldly transform insights into treatments benefiting those who need them, when they need them.
For more information, please visit: Endo International PLC
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