Pharmacy v. PBM lawsuit
Executive Summary
Pharmacy Freedom Fund lawsuit against pharmacy benefit managers delayed until early 2003 while organization decides on optimal legal strategy. Group is likely to file two suits: (1) permanent injunction against the AdvancePCS, Express Scripts and Merck-Medco joint venture RxHub; and (2) multi-plaintiff private action or class action against PBMs on grounds of "restraint of trade" and price-fixing. Chicago law offices of Fewkes, Wentz & Strayer had expected to file a suit this fall (1"The Pink Sheet" June 24, p. 23)...
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Pharmacy Freedom Fund lawsuit against pharmacy benefit managers delayed until early 2003 while organization decides on optimal legal strategy. Group is likely to file two suits: (1) permanent injunction against the AdvancePCS, Express Scripts and Merck-Medco joint venture RxHub; and (2) multi-plaintiff private action or class action against PBMs on grounds of "restraint of trade" and price-fixing. Chicago law offices of Fewkes, Wentz & Strayer had expected to file a suit this fall (1 (Also see "Pharmacy Class Action Lawsuit Will Target PBMs; Case Expected In Fall" - Pink Sheet, 24 Jun, 2002.), p. 23).... |