Warner Chilcott Settling Class-Action
Class Action News
Specialty pharmaceutical company Warner Chilcott Ltd. said Friday it reached a tentative settlement in an antitrust lawsuit involving its contraceptive Ovcon 35.
The settlement is part of a class-action lawsuit brought by direct purchasers, the company said.
Under the proposal, all claims will be dismissed and the class action lawsuit will be terminated for a cash payment of $9 million.
The deal is still subject to negotiation.
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