Lead Attorneys in Vioxx Settlement Get $315.3 Million
October 21, 2010
The federal judge overseeing the thousands of lawsuits filed over the painkiller Vioxx has ruled that the lead lawyers in the case will get $315.3 million, while other lawyers who sued Merck & Co. will share $1.2 billion, reports the Associated Press. Ruling U.S. District Judge Eldon J. Fallon wrote that the lead lawyers deserve 6.5 percent of the $4.85 billion settlement. That''s less than the 8 percent they initially sought. Merck withdrew Vioxx from the market in 2004, after its own research showed the once-blockbuster arthritis pill doubled the risk of heart attack and stroke.