In a result joined by all of the
justices, the Supreme Court affirmed the decision of the Third Circuit,
concluding that plaintiffs' had timely filed a securities fraud suit against
Merck & Co. Merck & Co. v. Reynolds , Case No. 08-905 S.Ct.
(April 27, 2010).
The case centers on alleged...
WHITEHOUSE STATION, N.J. - (Mealey's) Merck and Co. Inc.
will pay $688 million to settle two securities class action lawsuits filed in
New Jersey federal court alleging that the drug maker and others failed to
disclose adverse results of a clinical trial for two cholesterol drugs Merck
In what may be the largest settlement ever in securities
class action litigation involving a pharmaceutical company, Merck has agreed to
a combined settlement of $688 million to settle two related securities class
action cases. The company's February 14, 2013 press release announcing the