Dey Buries Hatchet With States In Drug Pricing Suit

Law360, New York (June 29, 2007, 12:00 AM EDT) -- The states of Montana and Nevada have reached a settlement with Dey Inc., one of a slew of pharmaceutical companies involved in a massive antitrust class action alleging that the companies defrauded consumers by artificially inflating the prices of various prescription drugs.

The two states said in court documents filed June 28 that U.S. District Judge Patti B. Saris should dismiss Dey, an affiliate of German pharmaceutical company Merck KGaA, from the action pursuant to the terms of a settlement agreement reached between the parties....
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