WV Lipitor Antitrust Settlement: Claim Up to $599

If you purchased branded Lipitor in West Virginia between March 24, 2010, and November 30, 2011, you may be eligible to claim up to $599 from a class action settlement.

Pfizer and Ranbaxy have agreed to pay $17,000,000 to the state of West Virginia to settle a class action lawsuit for alleged violations of federal antitrust laws. The lawsuit, filed by the WV State Attorney General's office alleged the two companies conspired to delay the introduction of a generic version of Pfizer’s Lipitor that was produced by Ranbaxy.

$3,844,250 of the settlement has been designated for consumers.

Who can file a Lipitor settlement claim?

Eligible class members are as follows:

• A consumer who purchased, paid, or provided reimbursement for branded Lipitor in West Virginia.
• The purchase or reimbursement activity must have occurred between March 24, 2010, and November 30, 2011.

How much is the class action payout?

Claimants will receive a pro rata cash payment of up to $599. The payment amount will be determined by the number of claims filed.

How to claim class action rebate

To claim a settlement payment you must submit a claim form. You can file a claim online or print the claim form and mail it to the settlement administrator.

Settlement Administrator's mailing address: WV Lipitor Settlement, P.O. Box 2031, Tustin, CA 92780.

The claim deadline will be announced at a later date.

Is proof to submit a claim?

No, additional documentation is not required. The settlement administrator may request proof at a later date.

Payment options

Payments will be made via check mailed to the address provided on the claim form.

$17 Million settlement fund

The settlement fund going to the state of West Virginia includes the following:

• Payments to approved consumer claimants: $3,844,250
• Attorneys' fees: $3,800,000
• Remaining settlement funds: Municipalities, state agencies, and other costs and expenses
• Settlement administration: $700,000 paid separately by Pfizer

Important dates

• Deadline to File a Claim: To be announced at a later date

When is the Lipitor Antitrust Settlement payout date?

The payout date has not been specified at this time. Subscribe to the Claim Depot newsletter to get notified when payments are issued.

Why is there a class action settlement?

The lawsuit alleged that Pfizer and Ranbaxy violated federal antitrust laws by engaging in practices that restricted competition for branded Lipitor, and delay the introduction of a generic version of the drug. The settlement resolves these allegations without admitting any wrongdoing and avoids further costly litigation and a trial.

Sources

1] [Settlement Website