Haynes And Boone Antitrust Bungle Cost $118M, Rx.com Says

Law360, Houston (August 30, 2012, 8:25 PM EDT) -- A defunct Internet pharmacy’s antitrust claims were worth $118 million before Haynes and Boone LLP allegedly missed the deadline for filing a lawsuit, the former chief economist for the Federal Trade Commission testified Thursday at the firm’s malpractice trial in Texas court.

William S. Comanor said that based on past revenue and the rate at which Rx.com’s client base was expanding, the company was valued at the midpoint of $100 million to $134 million as of 2001, when major pharmacy benefit managers forced it out of...
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