NJ Court Backs Approval Of Horizon Class Settlement

Law360, New York (July 11, 2012, 7:15 PM EDT) -- A New Jersey appellate court on Wednesday backed the approval of a settlement between Horizon Blue Cross Blue Shield of New Jersey Inc. and a class of doctors who sued over its compensation practices, shooting down objections that the agreement provided nothing of value to class members.

Physicians opposed to the settlement and looking to overturn its 2010 confirmation failed to convince the court that an expert's valuation of the deal for class members was flawed and that the agreement fell short of applicable fairness standards,...
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