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We’ve blogged several times before 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’ll add only one thing, and that’s a link to the slip opinion.
We’re sure glad to see that blog back up and running after a disturbingly long hiatus.