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Personal Finance (Not Investing) • Walgreens Class Action?

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Has anybody received an Email from Settlement Administrator with subject Important Legal Notice of Settlement?

It begins,

If You Purchased or Paid for a Prescription Drug with Insurance At Walgreens, A Class Action Settlement Could Affect You.

A federal court authorized this Notice. This is not a solicitation from a lawyer.

A proposed Settlement has been reached in a class action lawsuit against Defendant Walgreen Co. (“Walgreens”) on behalf of individuals, health insurers, and other entities who pay for prescription drugs regarding Walgreens’ usual and customary pricing practices. The class action lawsuit, Russo, et al. v. Walgreen Co., No. 1:17-cv-02246 (N.D. Ill.), relates to how Walgreens determined its usual and customary prices in submitting claims for prescription reimbursement, including whether it should have considered its Prescription Savings Club (“PSC”) prices in determining its usual and customary prices. Walgreens denies any wrongdoing and maintains that it correctly reported its retail prices as its usual and customary prices. The Court has not decided who is right.

The Court has preliminarily approved the proposed Settlement. To resolve the claims, the proposed Settlement will provide for $100,000,000 to be paid by Walgreens (“Settlement Fund”). As discussed below, all Court-approved attorneys’ fees and expenses, the costs of notice and administering the Settlement, service awards, and other costs will be deducted from this amount (“Net Settlement Fund”). The Net Settlement Fund will be paid to members of the Settlement Class (defined below) who submit valid claims.


Also has a phone number and link to a site for more information.
Searching the Internet (at a high level) it appears to me to be legit.

Statistics: Posted by cheese_breath — Mon Jan 06, 2025 2:20 pm — Replies 2 — Views 114



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