NYS Attorney General settles $181M deceptive marketing case with drug co.
Largest multi-state consumer settlement ever
New York State Attorney General Eric Schneiderman on Wednesday announced a record $181 million settlement with Janssen Pharmaceuticals and its parent company Johnson & Johnson to resolve charges of improper marketing and advertising of the powerful anti-psychotic drugs Risperdal and Invega.
The settlement, joined by 36 other states and the District of Columbia, represents the largest multi-state consumer protection-based pharmaceutical settlement in history. New York will receive nearly $9 million.