Nightly(?) Propecia Updates: We Expect More From Merck By Tomorrow, Wednesday... But It's A $4.3 Million Proposed Fund...

I will attach the motion for settlement, and the proposed plan of allocation, as filed tonight.

It is in that latter document that we learn that the total settlement fund amounts to $4.3 million, give or take. Significantly, plaintiffs' attorney fees are proposed to be paid outside of (and not deducted from) that figure, as I understand it, as of tonight.

And that amount is plainly immaterial to Merck -- so it need not disclose it under SEC rules. However, Judge Cogan is likely to be persuaded (by news organizations, if no one else) that there are public policy reasons (related to drug safety and side effect profiles) which militate toward disclosure of the basis for settlement.

Now we wait to see what Kenilworth files tomorrow. But this one has rather suddenly turned into a quite-interesting back and forth -- it may make some new law, here. G'night all. . . sleep soundly, like little round river rocks!

नमस्ते