Favorable (but confidential) Opt Out Settlement for TPPs which Purchased Augmentin including Humana, CIGNA, Aetna and United Healthcare

Case Abstract
After advising clients to opt out of a class settlement, Lowey Dannenberg, led by Richard Cohen and Gerald Lawrence, brought a state court action and then negotiated a more favorable settlement.

Client
A large group of TPPs which purchased Augmentin including Humana, CIGNA, Aetna and United Healthcare.

Case Name
Humana, Inc., et al. vs. Glaxo Smith Kline, et al., Philadelphia (PA) Court of Common Pleas, December Term 2004, No. 3140.

Result
Favorable (but confidential) settlement.

Case Details
After more than 50 third party payor clients opted out of a class settlement of antitrust claims relating to delaying generic drug entry to the marketplace for Augmentin, Lowey Dannenberg filed suit in Pennsylvania state court, negotiated and distributed a more favorable settlement to clients in less than a year and long before the class distribution. Gerald Lawrence was the attorney of record and the principle settlement negotiator.