Drugmaker Merck & Co. Inc. has reached a settlement in a class action lawsuit over an allegation that it unlawfully promoted the sale of painkiller Vioxx and performed illegal business practices under the Missouri Merchandising Practices Act. The lawsuit was filed on behalf of the residents of Missouri who purchased this pain reliever for the treatment of arthritis conditions. Merck denies all the charges of wrongdoing asserted in the lawsuit, but has agreed to the lawsuit settlement. The settlement demands Merck to pay the authenticated claims presented by the Vioxx users along with the fees of the attorney and other costs.
Under the lawsuit, the consumers of Vioxx might be refunded completely. According to the reports, the Vioxx settlement should be accepted by the Jackson County Circuit Court before it is finalized. The settlement will grant either a one time cash payment of $180 to the members who submitted the claim form with a declaration under oath or $90 for each month of Vioxx purchased. To submit a claim, visit the site vioxxmoclass.com. Hit on ‘Submit a Claim’ link where you can either submit the form online or by mail. If you want to opt out of the settlement, you need to send request to be excluded from the class.
The court will hold a fairness hearing on March 15, 2013 at 8.30 a.m. in front of the Judge of the Circuit Court – Marco Roldan in Division 16 of the Circuit Court of Jackson County, Missouri, 415 E. 12th Street, Kansas City, Missouri 64106. The court will determine whether the settlement should be approved as adequate, fair and reasonable. Consumers who want to make a statement at the court can appear at the hearing with their written objection.