Pricing Fixing of Generic Drugs

Potential Class Action Opportunity: Generic Pharmaceuticals Antitrust Pricing Litigation (MDL 2724)

MDL No. 2724 consolidates multiple class action lawsuits alleging that numerous generic drug manufacturers engaged in a broad-based conspiracy to fix prices, allocate customers, and rig bids for various generic pharmaceuticals in violation of the Sherman Antitrust Act and parallel state antitrust laws.

What's Alleged?

  • Beginning as early as 2012, the average market price of certain generic drugs allegedly rose sharply—not due to supply or demand, but because manufacturers coordinated pricing and supply strategies.
  • Plaintiffs claim that this illegal conduct was organized through direct company-to-company communications and through joint meetings held by the Generic Pharmaceutical Association (now known as the Association for Accessible Medicines).
  • The alleged conspiracy has been the subject of an extensive federal and multistate investigation into anticompetitive behavior across the generic pharmaceutical industry.

Who May Be Elligible?

Direct Purchasers

Direct purchasers of affected generic drugs (such as wholesales, distributions and large retailers).

Indirect Purchasers

Indirect purchasers (such as pharmacies, healthcare providers, and possibly consumers or payors) depending on state law and class certification status.

The Scope of the Case

  • The MDL currently involves 18 generic drugs and numerous pharmaceutical manufacturers.
  • The Judicial Panel on Multidistrict Litigation recently expanded the case to include actions brought by 40 State Attorneys General, underscoring the breadth of the alleged misconduct.

 

Why It Matters

 If proven, the alleged price-fixing scheme could have resulted in billions of dollars in overcharges across the generic drug supply chain. Eligible claimants may be entitled to recover a portion of the settlement or judgment funds once liability and damages are determined.

How Biz Head Law can help you

How We May Be Able To Help

Biz Head Law specializes in identifying and advising on class action opportunities and your rights.

Step 1

Discover if your organization qualifies through our simple form completion.

Step 2

Express interest in engage us to explore eligibility and participation (at no cost to you).

Step 3

Await confirmation of eligibility and class action commencement.

Step 4

If you are eligible and would like to participate, complete representation agreement.

complete qualification screening

FAQs

How will Biz Head Law help?

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While pixels are often used for advertising and marketing, they become a serious problem when placed on websites that handle sensitive personal information.

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This type of hidden data sharing isn’t just an invasion of privacy. It can expose consumers to identity theft, targeted advertising based on private health or financial information, unwanted profiling, or even discriminatory lending and insurance practices.

If your healthcare provider or financial institution is using pixels or similar tracking tools on its website or app, your most confidential information could be at risk. Your health and financial data should never be treated as marketing material — and when companies fail to safeguard that trust, they may be violating your privacy rights and you may be entitled to take action..

Were you overcharged for generic drugs?

A major federal case alleges coordinated price-fixing across 18 medications. You may be eligible for compensation.
CHECK MY ELIGIBILITY
Important Disclosures
  • Attorney Advertising & No Legal Advice
    The information provided on this website constitutes attorney advertising and is for general informational purposes only. It should not be relied upon as legal advice. You should always consult with a qualified attorney regarding your specific situation before taking any action.
  • Participation in Class Action
    The claims process has not yet begun, class members need not sign up for a third-party service to participate in settlements, and no-cost assistance in filing claims will be made available from the Claims Administrator and the End-Payer Plaintiff’s Lead Counsel. Additional information is available to potential class members to the AG Generic Drugs Settlement on the Court-approved website, www.aggenericdrugs.com.
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