C.R. Bard (NYSE:BCR) and several subsidiaries of Medtronic (NYSE:MDT) unit Covidien settled more than 130 product liability lawsuits brought over pelvic mesh products.
The lawsuits were part of multi-district litigation being overseen in the U.S. District Court for Southern West Virginia. last week and yesterday Judge Joseph Goodwin dismissed 134 of the cases with prejudice “because all claims have been compromised and settled, including all claims, counterclaims, cross-claims and third party claims,” according to court documents.