Toprol Class Action Settlement
|Class Eligibility:||Purchasers of Toprol XL or it’s generic equivalent Metorolol Succinate (a prescription drug for high blood pressure), between May 5 2005 and September 27, 2012.
You must have paid at least part of the cost of the drug (i.e. it should not have been completely paid for by insurance). Also your co-payment for Toprol XL and it’s generic must have been different. And after a generic became available in July 26, 2007 (100mg and 200mg dose) or August 2, 2007 (50mg dose) you must not have continued to purchase the name brand Toprol XL.
|Estimated Amount:||There is a total pool of $10,000,000 that will be divided up among all claimants. The class administrator did not provide any estimates of how much the settlement is likely to pay out for each claimant. Making an educated guess, we estimate the payout to be around $100.|
|Proof of Purchase:||Yes. A receipt, EOB (explanation of benefits from your insurer), or pharmacy records.|
|Claim Form:||Toprol Settlement Claim Form (Printable PDF – no online form)|
|Case Name:||In re: Metoprolol Succinate End-Payor Antitrust Litigation, No. 06-cv-71|
The Plaintiffs sued the makers of the drug Toprol XL, AstraZeneca, alleging that they abused the patent and legal system to stop competitors selling low-cost generic version of Toprol XL.
The attorneys, and the judge that approved this settlement made it very unfriendly for consumers. Having to dig up a receipt from 2005 is ridiculous. The absence of an online claim form make this a chore to file. Finally, not having any estimate of the amount makes it hard to know whether jumping through all these hoops is worth the effort. However all these hoops makes it unlikely there are many claimants, making this a settlement we would encourage you to file if applicable.
|Settlement Pool:||$10,000,000 (maximum)|
|Settlement Website:||Toprol Class Action Settlement|
|Claim Form Deadline:||April 1, 2013|
|Claims Administrator:||Toprol XL Consumer Settlement
P.O. Box 2807
Faribault, MN 55021-8612
Toprol XL TPP Settlement