February 6, 2009

CHATTEM INC: Dexatrim Claims Resolved for $13.25M in Sept. 2008

COMPANIES: Chattem Inc
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Chattem, Inc., in September 2008, resolved all Dexatrim cases pending against it for US$13,250,000 of which US$2,545,000 was funded from the proceeds of the Dexatrim settlement trust.

The Company is not currently aware of any additional product liability claims relating to…

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TOPICS: Consumer Products/Cosmetics/Household Products/Personal Care | Drugs/Pharmaceuticals | Earnings | Legal Issues, Litigation | Loans & Financing | SEC-Qtrly, Annual Reports | Securities & Exch Comm, US
LOCATIONS: Tennessee | United States