Beasley Allen in the News

Articles 81 to 90 of 634.

Merck Changes Mind

JUSTICE BEGINS HERE | November 13, 2007

Merck vowed to fight til the death. They vowed to litigate each Vioxx case to conclusion. Apparently, that vow only applied until the statute of limitations ran on most of the cases.

Plaintiff Lawyers in State Welcome $5B Vioxx Deal

November 12, 2007

The Vioxx litigation against Merck began in 2001, but exploded after the company took the prescription painkiller off the market in 2004. Since then, Merck has been hit with about 26,600 suits, according to company documents.

Merck Agrees to $4.85B Settlement Over Pain Drug Vioxx

November 12, 2007

Even when it was winning most Vioxx lawsuits in the courtroom, the maker of the withdrawn painkiller was losing in other areas, giving Merck & Co. considerable impetus for Friday's $4.85 billion nationwide settlement.

$4.85 Billion Vioxx Settlement Validates Merck's Courthouse Strategy

November 12, 2007

It's a sign of the times that a company can express relief after agreeing to settle a massive set of lawsuits for $4.85 billion.

Merck Sets Vioxx Deal

THE BIRMINGHAM NEWS | November 10, 2007

Merck & Co. said Friday it will pay $4.85 billion to end thousands of lawsuits over its painkiller Vioxx in what is believed to be the largest drug settlement ever.

Vioxx Maker Offers $4.8B Settlement

THE ASSOCIATED PRESS | November 10, 2007

If approved by claimants, Merck deal could end roughly 50,000 lawsuits. Even when it was winning most Vioxx lawsuits in the courtroom, the maker of the withdrawn painkiller was losing in other areas.

Painkiller's Maker Merck Limits Potential Legal Liability with New Fund

November 10, 2007

Merck & Co.'s agreement to pay $4.85 billion to resolve lawsuits over its Vioxx painkiller offers certainty of a payday to thousands of plaintiffs who no longer must prove the drug caused their heart attacks or strokes.

Merck Cuts Losses in Vioxx Settlement

November 10, 2007

"Without this settlement, the litigation might very well stretch on for years," said Executive Vice President Kenneth Frazier, the former general counsel who had developed Merck's fight-every-case strategy.

Merck Moves on from Vioxx

November 10, 2007

Even when it was winning most Vioxx lawsuits in the courtroom, the maker of the withdrawn painkiller was losing in other areas, giving Merck & Co. considerable impetus for yesterday's $4.85 billion nationwide settlement.

Merck's Tactics Largely Vindicated as it Reaches Big Vioxx Settlement

November 10, 2007

Merck & Co.'s $4.85 billion settlement over its withdrawn painkiller Vioxx largely vindicates its unusually aggressive strategy for fighting off tens of thousands of liability claims.