If so, you may be entitled to compensation from a proposed $345,000,000 class action settlement.
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Plaintiffs in a pending class action have alleged that certain pharmaceutical defendants violated certain state antitrust and federal racketeering laws in the United States, harming competition and causing them and those similarly situated to overpay for EpiPen products. The Defendants deny that they violated any laws and contend that their actions enhanced competition and did not cause class members to overpay. Pfizer Inc., Meridian Medical Technologies, Inc., and King Pharmaceuticals LLC (f/k/a King Pharmaceuticals, Inc.) have settled the claims against them for $345,000,000.00. The claims asserted against the remaining defendants are scheduled to proceed to trial on January 24, 2022.
Pfizer Inc. (settled)
Meridian Medical Technologies, Inc. (settled)
King Pharmaceuticals LLC (f/k/a King Pharmaceuticals, Inc.) (settled)
Mylan N.V. (trial pending)
Mylan Specialty L.P. (trial pending)
Mylan Pharmaceuticals Inc. (trial pending)
Viatris Inc. (trial pending)
Heather Bresch (trial pending)
Thus far Pfizer Inc., Meridian Medical Technologies, Inc., and King Pharmaceuticals LLC (f/k/a King Pharmaceuticals, Inc.) have settled the claims against it for $345,000,000.00
There has been no resolution of the claims against other defendants in the action, specifically Mylan N.V., Mylan Specialty L.P., Mylan Pharmaceuticals Inc., Viatris Inc., or Heather Bresch. Those claims remain pending in the Court and trial of those claims is currently scheduled to commence on January 24, 2022.
There are two class definitions, depending on whether a class member is located in an “Antitrust State”. The “Antitrust States” are: Alabama, California, Florida, Hawaii, Illinois, Kansas, Maine, Michigan, Minnesota, Mississippi, Nebraska, Nevada, New Hampshire, New York, North Carolina, Tennessee, and Utah.
Antitrust State Class
All persons and entities in the Antitrust States who paid or provided reimbursement for some or all of the purchase price of Branded EpiPens at any time between January 28, 2013, and November 1, 2020, for the purpose of consumption, and not resale, by themselves, their family member(s), insureds, plan participants, employees, or beneficiaries.
Non Antitrust State Class
All persons and entities in the United States who paid or provided reimbursement for some or all of the purchase price of Branded or authorized generic EpiPens for the purpose of consumption, and not resale, by themselves, their family member(s), insureds, plan participants, employees, or beneficiaries, at any time between August 24, 2011, and November 1, 2020.
Exclusions
Excluded from the Class are:
There are two class periods, depending on whether a class member is located in an “Antitrust State”.
The “Antitrust States” are: Alabama, California, Florida, Hawaii, Illinois, Kansas, Maine, Michigan, Minnesota, Mississippi, Nebraska, Nevada, New Hampshire, New York, North Carolina, Tennessee, and Utah. For these states, the applicable time period is between January 28, 2013 and November 1, 2020.
For all other states, the applicable time period is between August 24, 2011 and November 1, 2020.
EpiPen® (epinephrine injection, USP) 0.3 mg Auto-Injectors;
EpiPen Jr® (epinephrine injection, USP) 0.15 mg Auto-Injectors; or
Epinephrine Injection, USP Auto-Injectors (the authorized generic for EpiPen®)
The Net Settlement Fund (amount left over after attorneys fees and costs, noticing fees, etc) will be allocated into two pools, one for individual consumer Class Members and one for third-party payor (“TPP”) Class Members.
This allocation, which tracks the estimated overall amount of damages suffered by individual consumer and TPP Class Members as a result of the Settled Claims, will be twenty percent (20%) for the individual consumer Class Member pool and eighty percent (80%) for the TPP Class Member pool.
Within each pool, a Class Member’s actual recovery will be a proportion of that pool determined by that Class Member’s allowed claim(s) compared to the total allowed claims of all Class Members in the same pool who submit acceptable and timely Proofs of Claim.
If the distributions in only one pool would result in all Class Members in that pool receiving more than all of their allowed claim amounts, and the second pool lacks sufficient funds to pay all Class Members in that pool all of their claims, then any excess funds remaining in the first pool after distribution will be reallocated to the second pool.
If there is any balance remaining in the Net Settlement Fund after a reasonable amount of time from the initial date of distribution of the Net Settlement Fund, the Settlement Administrator shall, if feasible, reallocate such balance among Class Members, who successfully received and deposited, cashed or otherwise accepted a Distribution Amount and who would receive a distribution of at least $5.00. These redistributions shall be repeated until the balance remaining in the Net Settlement Fund is no longer economically feasible to distribute to Class Members. Thereafter, any de minimis balance which still remains in the Net Settlement Fund shall be donated to: (a) Allergy and Asthma Foundation of America; (b) Allergy and Asthma Network; and (c) Allison Rose Foundation, if approved by the Court.
THERE WILL BE NO PAYMENTS IF THE SETTLEMENT AGREEMENT IS TERMINATED
Disclaimer
Class members are not required to sign up with any third-party service in order to participate in the monetary relief, but may instead file their claim directly with the Claims Administrator at www.EpiPenClassAction.com. No-cost assistance will be available from the Class Administrator and Class Counsel during the claims-filing period which is set forth at www.EpiPenClassAction.com. For additional information class members may visit court approved website for this case at www.EpiPenClassAction.com.
Please note this website and its contents are not substitutes for legal advice. Nothing in this website should be construed as legal advice. Class Action Settlement House, LLC works with companies to assist them in the filing of claims in various class action settlements. However, Class Action Settlement House, LLC is not a law firm and cannot provide legal representation or legal advice. If you are seeking legal advice, please contact counsel of your choice to obtain legal advice.