Metabolife Settlements Reached

MII Liquidation Inc., as the former Metabolife International Inc. is now known, said in a court document filed Wednesday that it had reached agreements to settle the first 21 of hundreds of injury and death lawsuits over its once best-selling ephedra-based dietary supplement.

About $4.7 million of the San Diego-based company’s insurance coverage would pay the claims if approved by a U.S. Bankruptcy Court judge. To read the article, click here.

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