Wednesday, May 27, 2009

 

 

Justices to Decide if Vioxx-Related Suit Can Proceed

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The Supreme Court has agreed to hear an appeal by Merck & Co. that seeks to halt a lawsuit accusing the drugmaker of defrauding investors about the dangers posed by the withdrawn painkiller Vioxx. The appeal hinges on whether investors filed the lawsuit within a two-year period from when evidence of alleged fraud first appeared. The 3rd Circuit Court of Appeals had previously ruled that the class action was filed within the two-year window.  Greg Stohr, Bloomberg  05/26/2009

Read Article: Bloomberg    

 

 

 

 

 

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