UPDATE 2-U.S. judge rejects $760 mln NFL concussion settlement

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UPDATE 2-U.S. judge rejects $760 mln NFL concussion settlement

(Corrects spelling of law firm name to Pitta & Giblin) By Scott Malone Jan 14 (Reuters) - A $760 million settlement between the National Football League and thousands of former players, who contend the league downplayed the risk of concussions, was rejected on Tuesday by a U.S. judge who said it might not be enough to pay all of the affected players. "I am primarily concerned that not all retired NFL football players who ultimately receive a qualifying diagnosis, or their related claimants, will be paid," U.S. District Judge Anita Brody wrote in papers filed in federal court in Philadelphia. "Even if only 10 percent of retired NFL football players eventually receive a qualifying diagnosis, it is difficult to see how the monetary award fund would have the funds available over its lifespan to pay all claimants at these significant award levels," the decision said. Brody called on the NFL and plaintiffs to submit documentation that they believed showed the money set aside was adequate to meet the potential need.

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