Home Page Settlements $12.5M Settlement Approved in Caldera Trans Vaginal Mesh Injury Litigation
$12.5M Settlement Approved in Caldera Trans Vaginal Mesh Injury Litigation
This is a settlement for the Transvaginal Mesh Side Effects lawsuit.
Santa Clara, CA: A proposed $12.5 million settlement has been approved by a California federal judge, resolving litigation involving Caldera Medical’s transvaginal mesh (TVM) implant. Thousands of insurance claims were filed against Caldera alleging the TVM caused injuries to some 2,700 women.
According to the terms of the settlement, in which class members are not able to opt-out, Federal Insurance will distribute $10.58 million among 2,710 class member claimants. Further, it will pay class counsel attorneys’ fees and costs. In exchange, the claimants release Caldera and Federal Insurance from all future claims, according to court documents.
The Caldera TVM implant was used to treat pelvic organ prolapse and stress urinary incontinence in women. According to the suits, which were consolidated in California state court, Caldera knew or should have known that the TVM devices it manufactured and sold were hazardous and dangerous to people’s health. The claims were filed against Caldera which were then turned into insurance claims with Federal Insurance.
According to court documents, Federal Insurance had already paid out more than $6.3 million in settlements, notwithstanding the thousands of additional claims pending. Federal Insurance asked the court to certify a class of claimants and enjoin the claimants from pursuing further suits affecting the insurance policy.
The state litigation is In Re. Transvaginal Mesh Litigation, case number JCCP 4733, in the Superior Court of the State of California for the County of Los Angeles. The instant case is Federal Insurance Co. v. Caldera Medical Inc. et al., number 2:15-cv-00393, in the U.S. District Court for the Central District of California.
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Published on Mar-7-17
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