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: Illinois Injury Lawyer BlogStates Split $58 Million Settlement Payout from Merck Pharmaceuticals for Vioxx
Merck Pharmaceuticals will pay out a $58 million settlement to 29 states for their expenditures on Vioxx for state medical care programs. According to documents filed with the court, Merck failed to disclose the heath risks with Vioxx which was used to treat heart problems. Merck has also set aside a massive $4.5 billion settlement fund for private pharmaceutical liability lawsuits that individual people may have filed for their Vioxx injuries.
Read more here.
Full post as published by Illinois Injury Lawyer Blog on May 20, 2008 (boomark / email).
Vioxx Lawsuits
Vioxx personal injury suits are a seroius concern for Merck and patietns
Stock Splits and Reverse Stock Splits
How splits can affect stock value
Vioxx Advertising
Merck agrees to pay $58 million settlement in multistate lawsuit.
Insurers
Reach $80 Million Settlement with Merck over Vioxx
Schering Plough, Merck
Settle Multi-State Investigation for $5.4 Million
Estate of Seth Tobias
$25 million estate to be split as part of settlement.
MCM Construction
$6 million payout in banned, outdated vehicle use suit.
MCM Construction Pollution
$6 million payout for using outdated, polluting diesel engines

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