Kentucky to receive thousands of dollars from lawsuit settlement

Kentucky is joining 15 other states and the federal government in resolving a lawsuit against a Texas based company over allegations it unlawfully marketed its prescription skin ointment.

Attorney General Jack Conway today announced that Kentucky has joined other states and the federal government in a $28 million settlement with Healthpoint, Ltd, to resolve a lawsuit against Texas-based Healthpoint over allegations it unlawfully marketed a prescription skin ointment called Xenaderm.

General Conway said he was pleased that officials were able to stop these deceptive marketing practices and recover money for a vital state program and for Kentucky taxpayers.

The Kentucky Medicaid program will receive nearly $194,000 as part of the settlement.
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(02/25/2013/MF)