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Paxil Lawsuits and Class Actions : Paxil Blog Home : June 2007 : 2007-05-28 to 2007-06-03

$64M Deal Approved in Paxil Settlement

"Parents who bought the antidepressant Paxil for their children can begin seeking reimbursements under a $64 million class-action deal settling claims that the drug's maker misled consumers about the medication's safety. Under the deal, announced in April and granted final approval last week by a judge in Madison County, Ill., parents with proof that they bought GlaxoSmithKline PLC's Paxil and Paxil CR, a controlled-release version of the drug, can recoup out-of-pocket expenses. Parents who no longer have pharmacy records or receipts can get up to $100 refunded by signing a claim form that carries penalties for lying. In settling the 2004 lawsuit, Britain-based GlaxoSmithKline denies claims it promoted the drug to children while withholding information about negative side effects, including increased suicidal behavior."

Jim Shur, Associated Press, Forbes 5/24/07
http://www.forbes.com/feeds/ap/2007/05/24/ap3755611.html

2007-05-07 to 2007-05-13 «  » 2007-06-04 to 2007-06-10