Implant Makers and Women's Lawyers Miss Deadline for New Settlement
Lead attorneys for women suing breast implant manufacturers failed to reach an agreement with the manufacturers within the thirty day period set by U.S. District Judge Sam Pointer. Last fall, Pointer had approved a $4.25 billion settlement by which implant recipients would each receive a net payment ranging form $105,000 to $1.4 million based on their health and age. However, after court analysts announced that the initial settlement would not be enough to compensate all of the women, Pointer ordered more negotiations. The two sides were to have come up with a larger agreement, one which would have compensated all of the women, but failed to do so by his deadline. Though Pointer has yet to issue a ruling, he could declare the original settlement, in which 400,000 women have agreed to participate, invalid.
Media Resources: Assoicated Press