Another Third-Party Payor Class Action Bites The Dust
Sunday, October 4th, 2009We’ve bloggedseveraltimesbefore about the many deficiencies of third-party payor class actions for purely economic – and usually invented – loss. In all but a few courtrooms, such claims have been dismissed. Yesterday, it happened again, in Southern Illinois Laborers’ and Employers Health and Welfare Fund v. Pfizer Inc., Civ. A. No. 08 CV 5175 (KMW) (S.D.N.Y. Sept. 30, 2009). We’re too busy right now to put a full post about it, and (more…)