What You Need to Know
- The motion comes as class action attorneys are grappling with the advent of third parties that, through the use of technology, have advertised their services to assist potential class members in making settlement claims, usually for a fee.
- In lead counsel’s motion about the claims recovery firms, Liebenberg mentions that some have encouraged class members to opt out of the settlements.
- Th claims are for settlements with Apotex Corp., Heritage, Sun/Taro and Sandoz, four drugmakers in multidistrict litigation accused of fixing the prices of generic drugs.
A federal judge in Pennsylvania ordered more than half a dozen “claims recovery firms” and individuals associated with them to rescind their contracts with class members obtained through misleading solicitations that promised a share of antitrust settlements with generic pharmaceutical manufacturers.
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