Chattem settles PPA suit
This article was originally published in The Tan Sheet
Executive Summary
Consumer products firm will pay $3 mil. settlement plus $500,000 "for certain fees and expenses" to Jennifer Villarreal, who suffered a hemorrhagic stroke "after allegedly ingesting Dexatrim containing PPA," Chattem says May 7. Case was scheduled for trial on May 19 in Brazoria County, Tex. district court. Chattem "will be fully released from any further liability in the case" and the settlement "will be fully funded" by firm's product liability insurance coverage and thus should not impact results of operations, Chattem says. Firm stopped formulating Dexatrim with PPA after researchers found a link to hemorrhagic stroke and FDA issued a voluntary recall (1"The Tan Sheet" Nov. 13, 2000, p. 6). Chattem notes there are no other trials currently scheduled involving Dexatrim...