Prescription Overcharge Class Action
U.S. District Court, Eastern District of Pennsylvania
Settlement Fund
$89.0M
$89,000,000.00 total
Attorney Fees
$26.7M
30.0% of fund
Per Member Payout
$29.60
2,100,000 class members
PharmaCo systematically overcharged customers for generic prescriptions by an average of $14.20 per fill. The $89M settlement includes $53.4M in cash and $35.6M in discount coupons for future purchases at PharmaCo — forcing class members to continue doing business with the company that overcharged them in the first place.
Fairness Assessment
3.8
Unfair
Red Flags
Attorney fees at 30% threshold
Coupon component for 40% of settlement value
Short claims period (45 days)
Requires proof of purchase for full payout