Merck To Pay $23M To Settle Vioxx Economic-Loss Claims
By Ciaran McEvoy (July 18, 2013, 2:41 PM EDT) -- Merck & Co. Inc. has agreed to pay up to $23 million to settle putative class claims of consumers who allege they suffered economic loss due to the drugmaker's purported misrepresentations regarding the recalled drug Vioxx, according to court papers filed Wednesday in Louisiana federal court.
The parties have asked U.S. District Judge Eldon E. Fallon to grant preliminary approval of the settlement agreement that would encompass claims by class members nationwide, except for those consumers who purchased the prescription painkiller for personal or family use before Oct. 1, 2004, while living in Missouri, according to the motion for preliminary approval...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!