Judge Balks At $4.8M Deal In Highmark Antitrust Suit

Law360, New York (November 27, 2012, 5:05 PM EST) -- A Pittsburgh federal judge put off deciding whether to approve a $4.8 million class action antitrust settlement between Highmark Inc. and health insurance buyers Monday, saying she needed more information quantifying the value that class members would get out of the deal.

U.S. District Judge Joy Flowers Conti held a hearing on a motion from Royal Mile Co. Inc. and other plaintiffs that sought preliminary approval for the pact Monday afternoon, but ended up continuing the hearing until Jan. 18 and giving Highmark and the plaintiffs...
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