Mealey's (March 3, 2017, 1:01 PM EST) -- LITTLE ROCK, Ark. — An Arkansas federal judge on March 1 granted a pharmacy benefit managers (PBM) trade association summary judgment on its claim that Arkansas Act 900, a law that requires PBMs to pay pharmacies the amounts those pharmacies spent to buy generic drugs from wholesalers, is preempted by the Employee Retirement Income Security Act and denied the state of Arkansas’ motion for summary judgment because Act 900 is invalid as applied to PBMs in their administration and management of ERISA plans (Pharmaceutical Care Management Association v. Leslie Rutledge, No. 4:15-cv-00510 BSM, E.D. Ark.)....