There is a proposed settlement relating to a class action lawsuit brought by direct purchasers of brand and generic Intuniv (guanfacine). The lawsuit asserts that Shire plc, Shire LLC, and Shire U.S., Inc. (“Shire”) and Actavis Elizabeth LLC, Actavis LLC, and Actavis Holdco US, Inc. (“Actavis”) violated antitrust laws relating to the sale of these prescription pharmaceuticals. Shire and Actavis have denied any wrongdoing.
The Court has preliminarily approved the proposed settlement between the direct purchaser class and Shire, the remaining defendant. The settlement will provide for the payment of $58 million in cash into an escrow account for allocation to the members of the class after payment from the settlement fund of any court-approved attorneys’ fees and expenses to attorneys for the Class and incentive awards to the class representatives. The full text of the proposed settlement, which is dated June 18, 2024, is available for your review on the “Court Documents” section of this website.
The direct purchaser class’s claims against Actavis were resolved by an earlier settlement, which the court approved on December 9, 2020. The deadline to submit claims for the Actavis settlement has passed, and the settlement fund has been fully distributed.
For the full text of the proposed settlement agreement with Shire, along with other documents filed with the court in this case, please visit the “Court Documents” section of this website.
If you have questions or would like additional information about the Shire settlement, please see the “Contact Us” section of this website.
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WHEN YOU RECEIVE A CLAIM FORM, PROMPTLY COMPLETE AND RETURN IT |
You do not need to do anything now to retain your right to seek a share of the Shire settlement. If the court decides to approve the settlement and you are a member of the direct purchaser class, then you will need to complete, sign, and return a claim form (which will be mailed and emailed to you) to obtain a share of the settlement. |
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OBJECT TO THE SETTLEMENT |
If you object to all or any part of the Shire settlement, write to the court about why you object to the settlement. The deadline to object is September 5, 2024. |
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ATTEND THE FAIRNESS HEARING |
The Court will hold a Fairness Hearing at 9:15 AM on November 6, 2024 before Judge Allison D. Burroughs of the U.S. District Court for the District of Massachusetts in Courtroom 17 of the John Joseph Moakley U.S. Courthouse, 1 Courthouse Way, 5th Floor, Boston, MA 02210. |