Wednesday, October 20, 2010

Lawyers to get $315 million for Merck-Vioxx accord | NJ.com

A lead group of lawyers will get $315.3 million for doing most of the work on lawsuits against Merck & Co. over its Vioxx painkiller while other attorneys who filed suits will share $1.24 billion, a judge ruled.

Lawyers who worked for the so-called common benefit of the plaintiffs in thousands of lawsuits against Merck -- based in Whitehouse Station -- deserve 6.5 percent of the $4.85 billion settlement, less than the 8 percent they initially sought, said U.S. District Judge Eldon Fallon in New Orleans.

via nj.com

Posted via email from Jack's posterous

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