If You Paid for the Heart Medication, Toprol XL® or its Generic You Could Get Money from the Toprol XL Heart Medication Class Action Settlement
A class action settlement has been reached in an antitrust class action lawsuit against AstraZeneca AB, AstraZeneca LP, AstraZeneca Pharmaceuticals LP, and Aktiebolaget Hassle (the “Defendants” or “AstraZeneca”) in the U.S. District Court for the District of Delaware (styled In re: Metoprolol Succinate End-Payor Antitrust Litigation, Class Action Case No. 06-cv-71), alleging, among other things, that AstraZeneca used patent filings and lawsuits against its competitors to stop them from selling a low-cost generic version of AstraZeneca’s prescription drug, Toprol XL®, purportedly in violation of federal and state antitrust laws and consumer protection laws, according to the AstraZeneca Toprol XL Heart Medication Settlement Notice.
Who Is Included As A Settlement Class Member In The AstraZeneca Toprol XL Heart Medication Class Action Settlement:
The AstraZeneca Toprol XL Heart Medication Settlement Class reportedly includes all persons or entities throughout the United States and its territories who purchased, paid for and/or reimbursed others for Toprol XL® or its generic equivalent metoprolol succinate, intended for consumption by themselves, their families or their members, employees, plan participants, beneficiaries or insureds at any time from May 5, 2005 through September 27, 2012.
What Settlement Benefits Does The AstraZeneca Toprol XL Heart Medication Class Action Lawsuit Settlement Provide:
The AstraZeneca Toprol XL Heart Medication class action settlement provides that defendants will create a $10 million Settlement Fund, which after deducting attorneys’ fees, expenses of the litigation, administrative costs, and payments to Class Representatives, the net fund remaining will be distributed to consumers and third-party payors (e.g., insurers and employee welfare benefit plans) who submit valid claim forms. Settlement class members’ share of the AstraZeneca Toprol Settlement Fund will reportedly be paid on a pro rata basis, based on estimated damages (i.e., based on how much was paid for Toprol XL® or generic metoprolol succinate and when it was paid and how much was paid by other Class Members who file valid claims, and when they paid it.
How To Get A Settlement Payment In AstraZeneca Toprol XL Heart Medication Class Action Settlement:
In order to qualify for a Toprol settlement payment, a claim form must be submitted by April 1, 2013. Consumer claim forms can be downloaded here: https://toprolsettlement.com/Portals/0/Documents/3526_Toprol_Consumer%20CFW_WEBSITE_v1.pdf Third Party Payors can file claims online here: https://toprolsettlement.com/TPPOnlineFiling.aspx
Who Are The People And Entities Involved In The AstraZeneca Toprol XL Heart Medication Class Action Settlement :
The Plaintiffs & Class Representatives: The consumer plaintiffs representing the class are Mary Anne Gross, Neil Lefton and Mark S. Merado. The Third Party Payor plaintiffs are numerous health insurance companies, administrators, HMOs, self fund health and welfare plans, and other health benefit providers.
The Defendants: The companies who Plaintiffs sued are AstraZeneca AB, AstraZeneca LP, AstraZeneca Pharmaceuticals LP, and Aktiebolaget Hassle.
Co-Lead Counsel For The Class: The following attorneys and law firms are co-lead counsel for the Class:
Joseph H. Meltzer Terence S. Ziegler Kessler Topaz Meltzer & Check, LLP
Jeffrey S. Istvan Paul Costa, Fine Kaplan and Black, R.P.C.
Michael M. Buchman Adam G. Kurt, Pomerantz, Grossman HUfford Dahlstrom & Gross LLP
The Defendants’ Counsel: Counsel for Defendants is Michael P. Kelly of the law firm McCarter & English LLP.
The Settlement Administrator: The Toprol Settlement or Claims Administrator is Rust Consulting.
The Court: The Courthouse is the United States District Court for the District of Delaware.
The Judge: The Judge presiding over the Toprol case is Judge Gregory M. Sleet.
How To Obtain Additional Information About The AstraZeneca Toprol XL Heart Medication Settlement:
For more information about the AstraZeneca Toprol XL Heart Medication class action settlement, visit the settlement website at toprolsettlement.com, write to Toprol XL® Consumer Settlement, PO Box 2807, Faribault, MN 55021-8612, or call the Toprol Settlement Administrator at 1-877-854-3273.
If You Have Thoughts On The AstraZeneca Toprol XL Heart Medication Class Action Lawsuit Settlement, Share Your AstraZeneca Toprol XL Heart Medication Class Action Settlement Comments Below.
Is there any expense involved in this class action lawsuit for the persons submitting claims.