Nexium Antitrust Class Action Lawsuit: Cash Refund

If you purchased Nexium in certain states between 4/14/2008 and the present, you may be entitled to a cash refund from the Nexium Antitrust Class Action Lawsuit. This settlement resolves a lawsuit accusing AstraZeneca, Ranbaxy, Dr. Reddy’s and Teva of engaging in a “conspiracy to delay the introduction of generic versions of the prescription drug Nexium.” According to the plaintiffs, these actions violate federal antitrust laws. AstraZeneca and Ranbaxy are still in the process of settling the class action lawsuit, but Teva and Dr. Reddy’s have agreed to settle the matter outside of court, although they do not admit to any wrongdoing.

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Nexium Antitrust Class Action Lawsuit:

• Nexium Antitrust Claim Form
• Claim Form Deadline: N/A
• Who’s Eligible: There are two classes that are part of this Nexium antitrust class action settlement:
  • Consumer Class: For those who purchased or paid for some or all of the purchase price for Nexium and/or its AB-rated generic equivalent from April 14, 2008 onward in Arizona, California, Florida, Iowa, Kansas, Massachusetts, Maine, Michigan, Minnesota, Mississippi, Nebraska, Nevada, New Mexico, New York, North Carolina, North Dakota, Oregon, Rhode Island, South Dakota, Tennessee, Utah (while a resident or citizen of Utah), Vermont, West Virginia, Wisconsin and/or the District of Columbia, in capsule form, for consumption by yourself or your family.
  • Third-Party Payor Class: For those who purchased or paid for some or all of the purchase price for Nexium and/or its AB-rated generic equivalent from April 14, 2008 onward in Arizona, California, Florida, Iowa, Kansas, Massachusetts, Maine, Michigan, Minnesota, Mississippi, Nebraska, Nevada, New Mexico, New York, North Carolina, North Dakota, Oregon, Rhode Island, South Dakota, Tennessee, Utah (while a resident or citizen of Utah), Vermont, West Virginia, Wisconsin and/or the District of Columbia, in capsule form, for consumption by your members, employees, insureds, participants, or beneficiaries.
• Estimated Amount: The class action settlement provides the following:
  • $1 million to the End-Payor Class, which may be distributed in the form of a cy pres distribution (charitable distribution) as directed by the Court in the event no further recoveries are made that result in a distribution to members of the End-Payor Class.
  • (b) 61 percent of the balance to be allocated to the Direct Purchaser Class and 39 percent of the balance to be allocated to the Individual Retailer Class.
• Proof of Purchase: None required
• Case Name & Number: In re: Nexium (Esomeprazole) Antitrust Litigation MDL No. 2409 in the U.S. District Court for the District of Massachusetts.

Consumers that have purchased Nexium in the aforementioned states can get a cash refund from the Nexium Antitrust Class Action Lawsuit. If you think you have been affected by the apparent violations of antitrust laws performed by AstraZeneca, Ranbaxy, Dr. Reddy’s and Teva, just fill out the claim form and wait for your settlement. There is no proof of purchase required and the estimated deadline is currently unknown. Find out if you qualify for more Class Action Lawsuit Settlements.

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