Disposable Contact Lenses Antitrust Partial Settlement

Settlement Structure: Claims Made

Active: Open

Case Summary:

ABB Optical Group, LLC (ABB), one of a number of defendants in a large, antitrust lawsuit, is putting up $30 million to settle its part in the case. ABB distributes disposable contact lenses made by Alcon Vision, LLC, Bausch & Lomb, Inc. (B&L), Johnson & Johnson Vision Care (JJVC), and Cooper Vision, Inc. (CVI). The complaint alleged that the companies set up Unilateral Pricing Policies (UPPs) to restrain competition from discount and online retail sellers.

Bausch & Lomb and Cooper Vision settled their parts in this case previously. The action is still ongoing with the defendants that have not yet settled.

Not that no date has been set yet for the Final Approval Hearing.

Docket Number:

3:15-md-2626-J-20JRK

Company: ABB Optical Group, LLC

Filing Deadline: March 10, 2021

Class Period: June 1, 2013 to December 4, 2018

Objection Deadline: March 10, 2021

Exclusion Deadline: March 10, 2021

Proof of Purchase:

If you have already submitted a valid claim form for the B&L or CVI settlements, you do not need to submit another. If you did not, and you wish to be included in the ABB settlement, you must submit a claim form now. You are not required to submit proofs of purchase at this time, but the claim form asks you to acknowledge that you have proofs if they are required later.

Eligibility:

A number of classes have been defined for this action. You may be eligible for the ABB settlement if you are a person or entity living in the US who made a retail purchase of disposable contact lenses made by Alcon, JJVC, CVI, or B&L, for your own use and not for resale, during the time the relevant UPP was in effect. For details and dates, see the claim form or the Notice at https://www.contactlenssettlement.com/Content/Documents/Notice.pdf.

Typical Settlement Amount:

To be determined. Note that benefits from the ABB, B&L, and CVI settlements will be distributed later in the case, presumably to wait for future settlements with or a judgment against the defendants that have not yet settled.

Total Settlement Amount: This ABB settlement, $30.2 million. Previous CVI settlement, $3 million; previous B&L settlement, $10 million

Class Representative Proposed Incentive Fee:

Unknown at this time.

Law Firms:
Hausfeld LLP
Robins Kaplan LLP
Scott + Scott Attorneys at Law LLP

Claim Form: Disposable Contact Lenses Antitrust Partial Settlement Claim Form

Case Name: In re: Disposable Contact Lens Antitrust Litigation

Settlement Website: Disposable Contact Lenses Antitrust Partial Settlement Website

Claims Administrator:
Epiq

Claims Administrator Contact Information:

Disposable Contacts Antitrust Litigation
Settlement Administrator
P.O. Box 2995
Portland, OR 97208-2995
info@ContactLensSettlement.com

Tags: Antitrust, Collusion and Price Fixing, Contact Lenses