linked to the arthritis medication Vioxx has led plaintiff attorneys to file a class action lawsuit against pharmaceutical maker Merck & Co., Inc and several of the company's top officers. In November 2003, an amended complaint was filed in the United States District Court for the Eastern District of Louisiana on behalf on all investors who bought common stock in Merck between May 1999 and October 2003.
According to the complaint, Merck, through quarterly and annual reports and numerous press releases, mislead investors as to the true extent of the company's financial gains. Merck allegedly failed to disclose major concerns that company scientists had over Vioxx, including its link to cardiovascular disease. Company directors also failed to properly notify investors of how personal injury and wrongful death lawsuits filed over Vioxx would affect future earnings.
If you have been victimized by securities fraud because of Merck, it may be important to contact an attorney
who can help you protect your legal rights. Please keep in mind that there may be time limits
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- Securities & Investment Fraud