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Merck has paid over $8 billion to settle claims related to Vioxx. This
latest settlement is with stockholders who alleged that Merck harmed them
by concealing material information about Vioxx.
Have a good weekend.
Bloomberg BusinessWeek:
http://www.bloomberg.com/news/articles/2016-01-15/merck-to-pay-830-million-to-settle-vioxx-securities-claims
Washington Post:
http://washpost.bloomberg.com/Story?docId=1376-O0ZW7YSYF01T01-3GRIHL2L283CAOEP8PDDJJBSHD
_____________________
Erik Gordon
Ross School of Business
University of Michigan
Ann Arbor, Michigan
Media Appearances 