Friday, July 24, 2009

Over 150 Suits, Two Congressional Investigations, SEC and DoJ Matters Remain Unresolved. . . .


Despite the proposal to settle the merger suits in advance of the vote on August 7, the vast bulk of Schering-Plough's pending legal matters remain open, and unresolved.

Perhaps $2 billion in contingent liabilities are still left to be resolved, as well as potential consent decrees -- to reform governance, and disclosure practices, at Schering-Plough.

More, if I can source Some reliable WiFi -- from the road. . . .

1 comment:

Anonymous said...

http://pharmagossip.blogspot.com/2009/07/shmerck-offer-info.html