NEW ORLEANS - The federal judge overseeing the thousands of lawsuits filed over withdrawn painkiller Vioxx has ruled that the lead lawyers in the case will get US$315.3 million, while other lawyers who sued Merck & Co. will share $1.2 billion.
U.S. District Judge Eldon J. Fallon, in a ruling Tuesday, wrote that the lead lawyers deserve 6.5 per cent of the $4.85 billion settlement.
That's less than the eight per cent they initially sought.
Looking beyond the spin of Big Pharma PR. But encouraging gossip. Come in and confide, you know you want to! “I’ll publish right or wrong. Fools are my theme, let satire be my song.” Email: jackfriday2011(at)hotmail.co.uk
Thursday, October 21, 2010
Lead attorneys in Vioxx painkiller settlement get US$315.3 million | Canadian Business Online
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