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Drugmaker Sued for…Overpaying for Drugs? Lawsuit Ushers in Expected Wave of Welfare Fiduciary Litigation

By Seyfarth Shaw LLP, Ben Conley & Sam Schwartz-Fenwick on February 23, 2024
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Seyfarth Synopsis:  As foreshadowed in our earlier post, the first complaint was filed in what is expected to be a wave of litigation alleging breach of fiduciary duty in selecting and monitoring welfare plan vendors.  While the facts of this particular case may make it somewhat distinguishable from the circumstances involved in most employer-sponsored plans, it does provide early insight into how future litigation may proceed.  

Click here to read the full update.

Photo of Ben Conley Ben Conley
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Photo of Sam Schwartz-Fenwick Sam Schwartz-Fenwick
Read more about Sam Schwartz-FenwickEmail
  • Posted in:
    Banking, Finance and Securities, Health Care and Life Sciences
  • Blog:
    Beneficially Yours
  • Organization:
    Seyfarth Shaw LLP
  • Article: View Original Source

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