Pharmacists Mutual Insurance Company confirmed last week that a settlement has been reached to resolve hundreds of lawsuits filed on behalf of victims of former Kansas City, Missouri pharmacist Robert R. Courtney and Courtney Pharmacy, Inc. A class action was filed Monday, Dec. 1, in Jackson County, Missouri Circuit Court, and Judge Lee Wells has given preliminary approval to the class settlement. If approved by the Circuit Court, the settlement will provide for a payment of $35 million from Pharmacists Mutual into a trust fund to be administered under court supervision for the benefit of class action members who file appropriate claim forms showing proof of injury. Settlement of the class action will resolve all known and unknown claims against Courtney. Over 500 claims were filed in court, and it is believed there may be many more victims.
Posted by Editor at December 5, 2003 02:50 PM