Final Terms of Improved National Pediatric Paxil Class Action Settlement - up from $15 to maybe $100 !!

Judge Approves Final Terms of Improved National Pediatric Paxil Class Action Settlement - Consumers Get a Better Deal: "Objectors to the proposed national class settlement argued that the settlement proposal had a loophole that prevented adequate payment to a considerable number of consumers. One of the problems with the proposed settlement was reimbursement to consumers who could not (or for privacy reasons would not) provide documentation of their out of pocket expenses for Paxil purchases for a minor. This potentially substantial group of class members would only receive $15 each, and GSK limited the fund available to pay such claimants to $300,000, thus disposing of a potentially large number of claimants for just $300,000. This would result in underpayment by GSK to the class.
Under the new approved terms, claimants who cannot provide documentation of their Paxil purchases for a minor will receive up to $100 by signing a claim form under penalty of perjury. Moreover, the team of lawyers representing objectors to the proposed settlement were able to negotiate the removal of the $300,000 cap in addition to the increased individual payment. This uncapping makes available more payments to a larger portion of potential claimants, thus making the settlement more fair and GSK's overall payout more adequate."


source - http://www.baumhedlundlaw.com/Paxil/paxil-pediatric-class-action.htm