Medco Escapes Suit Over Recouped Pharmacy Payments

Law360, New York (July 31, 2012, 3:31 PM EDT) -- A New Jersey federal judge on Monday dismissed a proposed class action accusing pharmacy benefit manager Medco Health Solutions Inc. of improperly clawing back payments, saying the suit lacks details about how retail pharmacies were harmed by alleged contract violations.

Florida-based Smart Pharmacy Inc. and Michigan-based Highland Pharmacy LLC tried to form three classes of aggrieved businesses in their case alleging wrongdoing by Medco, but U.S. District Judge Dennis M. Cavanaugh said they must first spell out the fundamental issue of how their specific companies were...
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