Home Depot loses Supreme Court bid to hear Blue Cross settlement

On Monday, the United States Supreme Court rejected the request, among others Home Depot Inc. for reconsideration of the ruling that upheld the above-mentioned Blue Cross Blue Shield Associationreached a $2.67 billion settlement with millions of subscriber plaintiffs.

In March, Home Depot asked the Supreme Court to review a decision by the U.S. Court of Appeals for the Eleventh Circuit that upheld the district court’s approval of an agreement to resolve antitrust claims against Blue Cross Blue Shield and its membership plans with more than 100 million future class members . The deal, which included $675 million in plaintiff’s attorneys’ fees, also freed up the national…