City awarded class action funds
Mayor Ben Blake announced last week that following extensive negotiations, the City of Milford has secured an award of $72,379.48 from the settlement of a class action lawsuit. The filing of the city’s claim was handled by the city attorney’s office and came at no extra expense to the taxpayers, Blake said.
“The office of the city attorney is an invaluable asset to our community, and this is just one example of the hard work it does on behalf of our city,” Blake said.
It was alleged that McKesson Corporation, a large brand-name prescription drug wholesaler, conspired with First DataBank to inflate drug prices, which resulted in a large number of local governments overpaying on medication for their program beneficiaries.
The award will be deposited into the city’s health insurance fund.