Capitol Observations - Written by Scott Thomas on Friday, November 9, 2007 5:59 - 0 Comments

Record Vioxx Settlement Announced – $4.85 Billion Verdict Largest in U.S. History

Merck & Co., Inc. has agreed to pay $4.85 billion to resolve Vioxx-related claims in which a claimant has suffered a heart attack, sudden cardiac death, or stroke.

After more than five years of , Merck has agreed to settle some 27,000 lawsuits for a record $4.85 billion.

The involving thousands of lawsuits consolidated in U.S. District Court, under Judge Fallon related to the pain reliever, , is going to be announced by Merck shortly, at a formal status conference.

The is larger than the $3.75 billion Fen-Phen .

An official Vioxx Settlement Calculator has been developed to help individuals understand the complicated criteria.

For more information on the landmark vioxx settlement, visit www.beasleyallen.com.




Leave a Reply

Comment

Comments are moderated and generally will be posted if they are on-topic and not abusive.

Powered by WP Hashcash

Personal Injury, Recent Settlements - Jul 19, 2010 14:03 - 0 Comments

Wrongful Death Settlement In Civil Damages Act

More In Recent Settlements


Product Liability - Jul 31, 2010 15:21 - 0 Comments

Reclining Seats Are A Hidden Danger

More In Product Liability


Recalls Update - Aug 19, 2010 12:24 - 0 Comments

Prescription Cat Food Recalled

More In Recalls Update