Plaintiffs Drop $5M Deal In Highmark Antitrust Dispute

Law360, Philadelphia (January 22, 2013, 4:12 PM ET) -- The class action plaintiffs in an antitrust suit against Highmark Inc. filed to withdraw a proposed settlement in Pennsylvania federal court on Friday, contending that the insurer had misled them in regard to its concessions while negotiating the agreement.

Plaintiffs Pamela Lang, Royal Mile Co. Inc. and Cole's Wexford Hotel Inc. argued that Highmark's promise to reintroduce a lower-cost Community Blue health insurance plan was revealed as disingenuous once co-defendant University of Pittsburgh Medical Center shared in a filing that the insurer was already obligated to...
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