Published on:

Class Action Defense News: New Jersey Federal Court Holds Securities Fraud Class Action Against Merck Time-Barred

On April 12, 2007, United States District Court Judge Stanley R. Chesler of the District of New Jersey dismissed a securities fraud clas action against Merck, agreeing with defense attorneys that the class action claims are time-barred. The ruling represents yet another victory in Merck’s defense against thousands of class action and individual complaints arising, directly or indirectly, out of its prescription drug Vioxx.

A summary of the district court’s ruling will be posted later in the week.