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Merck, Canadian Plaintiffs Settle Vioxx Litigation For Up To $36.3 Million

(Mealey's) Merck Sharp & Dohme Corp. and plaintiffs' counsel in four Canadian Vioxx class actions announced Jan. 19 that they have agreed to settle the litigation for up to $36.3 million ( Mignacca, et al. v. Merck Frosst Canada Ltd, et al. , No. 04-CV-045435CP, Ontario Super. Ct. of Justice;...

NERA Consulting Report Says Canadian Securities Class Action Filings Hit Record Levels Last Year

Securities class action lawsuit filings in Canada hit record levels in 2011 according to a new report from NERA Economic Consulting. The January 31, 2012 report, entitled "Trends in Canadian Securities Class Actions: 2011 Update" ( here ) concludes that the persistent growth in Canadian securities...