Merck Vioxx related investor lawsuits update
While Merck would like all the lawsuits related to its Vioxx recall mess go away — it has already settled the lawsuits related to 60,000 American deaths — it seems that the crimes that it committed are so serious that the courts are not letting it off the hook. Since Merck also engaged in investor [...]
Merck Vioxx related shareholder lawsuits in Supreme Court
I think even a 6-year old understands that companies exist for the sake of shareholders, but not solely for them. They wouldn’t survive if they did not take good care of their customers, and in recent years, the trend has been to also be good corporate citizens. Apparently, Merck exists even though it does not [...]
Bextra settlement
While both Merck and Pfizer had denied that Vioxx, Celebrex, and Bextra killed anyone, after Merck settled its lawsuits over the death and injuries to tens of thousands of Americans, Pfizer is following in its footsteps and settling almost all pending lawsuits against it. Pfizer Inc., that still sells Celebrex after Bextra was banned for [...]