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U.S. Court Of Appeals Upholds AstraZeneca AWP Settlement - Quick Facts
11/20/2009 8:34 PM  ET
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(RTTNews) -  Hagens Berman Sobol Shapiro said on Friday that the United States Court of Appeals for the First Circuit upheld an earlier District Court ruling on November 19, approving a settlement in the long-running Average Wholesale Price pharmaceutical litigation against AstraZeneca Pharmaceuticals (AZN: News ,AZN.L: News ).

The ruling affirms a settlement that awarded consumers who purchased the pharmaceutical giant's prostate cancer drug Zoladex treble damages, a rare if not unprecedented event in consumer litigation.
The case, argued by Steve W. Berman a Seattle plaintiff's attorney with Hagens Berman Sobol Shapiro, afforded thousands of consumers access to a $24 million settlement against the drug giant accused of manipulating the price of Zoladex.

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