Checks Mailed for Toprol XL Class Action Settlement

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Checks Mailed for Toprol XL Class Action Settlement

By Dominic Rivera

Payments from AstraZeneca’s Toprol XL class action settlement have been mailed to eligible Class Members. Top Class Actions readers are reporting that they’ve received checks ranging from $16.90 to $27. We have one reader reporting a $400 check!

The checks were paid on a pro rata basis based on estimated damages. The amount was calculated based on how much the Class Member paid for Toprol XL, as well as when the member paid it. Likewise, payments are also dependent on how much other Class Members paid and when they paid it.  This should explain the discrepancy in the check amounts because they’re based on how much the proof of purchase was  and when the purchase was made.

The Toprol XL settlement resolves a class action lawsuit that accuses AstraZeneca of using patent filings and lawsuits against its competitors to stop them from selling a low-cost generic version of its prescription drug, Toprol XL. According to the class action lawsuit, this conduct violated federal and state antitrust laws and consumer protection laws by delaying the entry into the market of low cost generic versions of Toprol XL.

Class Members of the Toprol XL class action settlement include all persons or entities throughout the United States and its territories who purchased, paid for and/or reimbursed others for Toprol XL or its generic equivalent metoprolol succinate, intended for consumption by themselves, their families or their members, employees, plan participants, beneficiaries or insureds at any time from May 5, 2005 through Sept. 27, 2012.

We told readers how to file a claim for the Toprol XL settlement in January 2013. Congratulations to our Top Class Actions readers who submitted a valid claim and got PAID! If you missed this one, sign up for our free weekly e-mail newsletter below to receive updates on new class action lawsuits and settlements. You can also see which class actions are still accepting claims in our Open Class Action lawsuits section.

The Toprol XL Class Action Settlement is In re: Metoprolol Succinate End-Payor Antitrust Litigation, Case No. 06-cv-71, U.S. District Court for the District of Delaware.

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