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Corporate & Securities Law

: Jim Hamilton's World of Securities Regulation

By Jim Hamilton

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3rd Circuit Panel Reinstitutes Vioxx Action Against MerckThe 3rd Circuit Court of Appeals resurrected a securities fraud action brought against Merck & Co. related to Vioxx, an arthritis medication. The U.S. District Court for the District of New Jersey had previously dismissed the action on limitations grounds, concluding that there were ample "storm warnings" concerning the safety of Vioxx from press reports and FDA statements. However, Judge Dolores K. Sloviter wrote that the lower court read more

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Full post as published by Jim Hamilton's World of Securities Regulation on September 10, 2008 (boomark / email).

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