11th Circuit Upholds $2.67B Settlement In Antitrust Row Over Varied Challenges

( November 1, 2023, 2:38 PM EDT) -- ATLANTA — Rejecting all of the various challenges filed by objectors — including one that took up an Employee Retirement Income Security Act concern originally raised by the U.S. Department of Labor — an 11th Circuit U.S. Court of Appeals panel affirmed approval of a settlement including a $2.67 billion common fund that resolved one wing of “a multi-district antitrust class action against the Blue Cross Blue Shield Association and its member plans.”...