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Class Attys In Vioxx Case Ask For Approval Of $1B Deal

By Alex Wolf (May 2, 2016, 1:47 PM EDT) -- Co-lead counsel for Merck & Co. Inc. shareholders that reached a $1.06 billion deal with the pharmaceutical giant to resolve multidistrict litigation over the alleged illegal marketing of the drug Vioxx on Friday asked for court approval of the settlement and more than $9 million in reimbursement fees, detailing the risks that they took during the litigation....

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