TriCor Class Action Lawsuit Settlement

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Award (how much your claim may be worth): Cash settlement. Award depends on number of claimants and how many claims you submit.The award is significant so the payout could be as well.

Class Action Lawsuit Settlement Case(s): TriCor Indirect Purchasers Antitrust Litigation, Civil Action No. 05-360 (SLR)

Company(ies): Abbot Laboratories 

Website Link to access the Class Action Lawsuit Settlement and get YOUR Stake (GO HERE TO PRINT OUT YOUR CLAIM FORM OR FILE ONLINE): Settlement Administrator Website

Address of Settlement Administrator to submit a claim form (NOT REQUIRED):

TriCor Indirect Purchaser Claims Administrator
c/o Rust Consulting, Inc.
P.O. Box 24797
West Palm Beach, FL 33416

Phone Number to call for assistance: 877-567-3014

Details: The TriCor Class Action Settlement or Fenofibrate Class Action Lawsuit Settlement is a more involved lawsuit to claim. If you purchased a prescription fenofibrate drug product like TriCor between April 9, 2002 and May 8, 2009 you’re included in this class action lawsuit settlement. You need to make sure that you have your paperwork set before you make your claim. Head over to the Settlement Administrator website, click on Claim Forms, then Consumer Claim Form on the right. Once the claim form is downloaded you’ll have to print it out and fill it out COMPLETELY. Make sure to sign and date the claim form. If you don’t sign and date the claim form your claim will be rejected. Make sure to attach your proof of purchase when you submit your claim. You’ll need to attach a receipt, explanation of benefits (from your health insurer), canceled check or credit card statement showing the purchase. If you don’t have that, you can as your doctor to reprint your prescription and get a statement attached to it notarized stating you purchased TriCor or whatever Fenofibrate medication is listed.

It’s an involved process but WELL worth your time. These settlements have SIGNIFICANT payouts (as you can see below.) If eligible don’t let this one pass by.  Now, go forth and submit your claim!

Purchased From: April 9, 2002 through May 8, 2009

Claims Accepted Until (YOU MUST SUBMIT YOUR CLAIM BY THIS DATE!): 9/15/09

MORE DETAILS BELOW!

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Class Action Lawsuit Settlement Amount(s): $65,700,000 = $33,333,334 Consumer Award to class members (includes $5000 Lead Plaintiff award and Settlement Administrator/Notification expenses)+ $32,366,666 Third Party Payor/Health Insurer Award) – $21,681,000 Attorney Fees/expenses (ESTIMATE – Subtracted proportionately from the Consumer and Third Party Payor Awards)

Settlement Administrator(s): Rust Consulting, Inc.

TCA Staff Tidbit: These price fixing antitrust class actions for pharmaceuticals just keep on coming. As many have stated, Pharmaceutical Companies typically take in millions or BILLIONS of dollars from successful commercial drugs. Yes, they also invest millions of dollars to come to market with each drug, but, their profit is AMAZING. It’s no surprise we’re not seeing any stimulus packages for the Big Pharmaceutical manufacturers, right?

The surprising thing is that it took so long for these lawsuits to come out. Seriously now, are we supposed to believe it costs $5 per tablet to manufacture a drug? I believe that we’re all in agreement, good drugs, good vaccines, good therapies, cost MONEY to develop but there has to be a breaking point. Now the question is, if this is happening with the Pharmaceutical Companies, is Big Oil far behind? We know that many have tried, but, none have succeeded in getting one of those cases to settle (or even progress in the courts) but I feel confident it will happen. At least the pharmaceutical companies are recognizing the issue and actively trying to settle these claims. Will that happen with Big Oil? What do you think?

If you bought TriCor, submit your claim in this class action lawsuit now. Don’t let the cash slide by. Typically 85% or more of eligible claimants never submit their claim. Don’t miss out.