{"id":304673,"date":"2010-02-10T16:20:15","date_gmt":"2010-02-10T21:20:15","guid":{"rendered":"http:\/\/blogs.wsj.com\/health\/2010\/02\/10\/vioxx-lawsuits-whats-been-settled-whats-still-going\/"},"modified":"2010-02-10T16:20:15","modified_gmt":"2010-02-10T21:20:15","slug":"vioxx-lawsuits-what%e2%80%99s-been-settled-what%e2%80%99s-still-going","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/304673","title":{"rendered":"Vioxx Lawsuits: What\u2019s Been Settled, What\u2019s Still Going?"},"content":{"rendered":"<p><img decoding=\"async\" src=\"http:\/\/online.wsj.com\/media\/merck_D_20090831111248.jpg\" alt=\"Merck\" align=\"right\"\/>Merck <a href=\"http:\/\/www.sec.gov\/Archives\/edgar\/data\/310158\/000095012310010452\/y81999exv99w1.htm\" >says<\/a> it reached a proposed settlement on some Vioxx-related shareholder litigation.<\/p>\n<p>This isn&#8217;t to be confused with the <a href=\"http:\/\/blogs.wsj.com\/health\/2007\/11\/09\/merck-vioxx-settlement-by-the-numbers\/\" >$4.85 billion<\/a> megasettlement with people who claimed that they or their family members suffered after taking Vioxx.<\/p>\n<p>It&#8217;s also separate from the <a href=\"http:\/\/blogs.wsj.com\/health\/2009\/08\/03\/merck-tentatively-agrees-to-80-million-vioxx-settlement\/\" >$80 million<\/a> Vioxx deal Merck cut with unions and insurers.<\/p>\n<p>Nor is it connected to the Vioxx-related shareholder lawsuit that made its way to the <a href=\"http:\/\/blogs.wsj.com\/health\/2009\/12\/01\/merck-to-supremes-investors-should-have-sued-us-sooner\/\" >Supreme Court<\/a> last year. (We&#8217;re still waiting to hear back on from the Supremes on that one.)<\/p>\n<p>So what is it? It&#8217;s a settlement to resolve shareholder <a href=\"http:\/\/legal-dictionary.thefreedictionary.com\/Derivative+suit\" >derivative<\/a> complaints, which shareholders file on behalf of the company, against the company&#8217;s own officers. Merck agreed to pay $12.5 million in legal fees, and take certain steps to bolster its monitoring of drug safety.<\/p>\n<p>The company&#8217;s already done some of the things it agreed to do in the settlement, including appointing a <a href=\"http:\/\/blogs.wsj.com\/health\/2009\/12\/16\/merck-lands-med-school-dean-an-acting-cfo-at-bristol-myers\/\" >chief medical officer<\/a>. Merck didn&#8217;t admit liability or wrongful conduct as part of the settlement, a company spokesman <a href=\"http:\/\/online.wsj.com\/article\/SB10001424052748704140104575057231552987908.html\" >told Dow Jones Newswires<\/a>.<\/p>\n<p><em>Photo: Associated Press<\/em><\/p>\n<p><a href=\"http:\/\/feedads.g.doubleclick.net\/~at\/C3nm8NbX-WW4y-gvV7KLnH3wSao\/0\/da\"><img decoding=\"async\" src=\"http:\/\/feedads.g.doubleclick.net\/~at\/C3nm8NbX-WW4y-gvV7KLnH3wSao\/0\/di\" border=\"0\" ismap=\"true\"><\/img><\/a><br \/>\n<a href=\"http:\/\/feedads.g.doubleclick.net\/~at\/C3nm8NbX-WW4y-gvV7KLnH3wSao\/1\/da\"><img decoding=\"async\" src=\"http:\/\/feedads.g.doubleclick.net\/~at\/C3nm8NbX-WW4y-gvV7KLnH3wSao\/1\/di\" border=\"0\" ismap=\"true\"><\/img><\/a><\/p>\n<div class=\"feedflare\">\n<a href=\"http:\/\/feeds.feedburner.com\/~ff\/wsj\/health\/feed?a=SUz-VWGgNwc:0FGiiue2sFY:yIl2AUoC8zA\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/wsj\/health\/feed?d=yIl2AUoC8zA\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/wsj\/health\/feed?a=SUz-VWGgNwc:0FGiiue2sFY:D7DqB2pKExk\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/wsj\/health\/feed?i=SUz-VWGgNwc:0FGiiue2sFY:D7DqB2pKExk\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/wsj\/health\/feed?a=SUz-VWGgNwc:0FGiiue2sFY:F7zBnMyn0Lo\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/wsj\/health\/feed?i=SUz-VWGgNwc:0FGiiue2sFY:F7zBnMyn0Lo\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/wsj\/health\/feed?a=SUz-VWGgNwc:0FGiiue2sFY:V_sGLiPBpWU\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/wsj\/health\/feed?i=SUz-VWGgNwc:0FGiiue2sFY:V_sGLiPBpWU\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/wsj\/health\/feed?a=SUz-VWGgNwc:0FGiiue2sFY:qj6IDK7rITs\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/wsj\/health\/feed?d=qj6IDK7rITs\" border=\"0\"><\/img><\/a>\n<\/div>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/wsj\/health\/feed\/~4\/SUz-VWGgNwc\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Merck says it reached a proposed settlement on some Vioxx-related shareholder litigation. This isn&#8217;t to be confused with the $4.85 billion megasettlement with people who claimed that they or their family members suffered after taking Vioxx. It&#8217;s also separate from the $80 million Vioxx deal Merck cut with unions and insurers. Nor is it connected [&hellip;]<\/p>\n","protected":false},"author":650,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-304673","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/304673","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/650"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=304673"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/304673\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=304673"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=304673"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=304673"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}