Bristol-Myers Settles AWP MDL Claims For $19M

Law360, San Diego (July 21, 2011, 10:02 PM ET) -- A Massachusetts federal court overseeing average wholesale price multidistrict litigation against several drug companies on Tuesday signed off on Bristol-Myers Squibb Co.’s $19 million settlement with several plaintiffs’ classes.

U.S. District Judge Patti Saris granted final approval of the settlement, which had initially come under fire from one of the classes, and held that it was fair, reasonable and adequate, and in the best interest of the classes.

The deal resolves claims brought by three classes that include at least tens of thousands of members who...
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