McCulley McCluer PLLC

Court Grants Final Approval to $82 Million Settlement in Drug Pricing Class ActionApril 30 2012

Court Grants Final Approval to $82 Million Settlement in Drug Pricing Class Action

McCulley McCluer served as Plaintiffs' Executive Committee Counsel in a nationwide class action on behalf of self-insured local governmental entities (public payors) against the nation's largest drug wholesaler, McKesson, for allegedly inflating the prices of hundreds of brand-name drugs.  After achieving certification of a RICO class and defeating an attempted Rule 23(f) appeal to the First Circuit Court of Appeals, Plaintiffs reached a $82 million settlement shortly before trial.  On April 30, 2012, the District of Massachusetts Court granted final approval to the settlement.  A copy of the Order and Final Judgment is available here.