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Antitrust & Trade Reg.

Apr. 28, 2017

Final approval of prescription drug settlement nets $399 million for class members

A San Diego County judge has approved a $225 million class action settlement between consumers and the final defendant pharmaceutical company in an antitrust lawsuit that nets nearly $400 million for class members.

By Justin Kloczko
Daily Journal Staff Writer

Calling the matter "extraordinary," a San Diego County judge has approved a $225 million class action settlement between consumers and a remaining pharmaceutical company defendant, bringing to an end a long-running antitrust lawsuit that has now netted nearly $400 million for class members.

The case, over 17 years in the making, lost at the trial and appellate level be...

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