Third-Party Payor Pharmaceutical Consumer Fraud
We are all aware that a disturbing number of pharmaceuticals and medical devices have been marketed in deceptive and outright dishonest fashion. All too often these products are sold with false claims of efficacy and at prices many times greater than other drugs or devices that are just as good or better, and which cost fractions of what is charged for the improperly marketed goods. While the individual patients who purchase these drugs and devices are victims of these pharmaceutical consumer frauds, in fact, the largest victims of these practices, are the governmental, not-for-profit, health and welfare trusts, and private insurers who actually pay the lion’s share of the money spent in this nation for these products.
Consumer fraud lawyers at Levy Konigsberg have been in the forefront in representing governmental, not-for-profit, labor union health and welfare fund, and private health insurers who have been victimized by the unlawful and wrongful sale, marketing, and advertising of pharmaceutical products. Proceeding on an individualized, client by client basis, with careful attention to the particular circumstances of each of these “third-party payors”, the firm provides aggressive representation, pursuing recoveries for consumer fraud, as well as recoveries in subrogation for the expenses incurred by these insurers in providing medical care to those who suffered injuries caused by these frequently harmful and even deadly products.
Our marketplace works best when manufacturers provide truthful and accurate information about the goods and services they provide. False, misleading, and/or deceptive claims about the quality, price, nature, safety or efficacy of any consumer product, and especially pharmaceuticals, is wrongful and illegal. When this conduct occurs, third party payors can, and should assert their rights.
Levy Konigsberg LLP has consistently won complex litigation verdicts. The firm offers innovative, aggressive representation for victims of corporate and consumer fraud.
Consumer Fraud News
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- Commercial Litigation Attorneys Win $7 Million in a Breach of Fiduciary Duty Lawsuit
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