Showing posts with label 2008 2009 2010 Guidance ENHANCE Merck Cobb Polk Gradone Cain Myer ERISA Securities CafePharma Derivative Schering SEAS cancer Vytorin projections July 15 19 2010. Show all posts
Showing posts with label 2008 2009 2010 Guidance ENHANCE Merck Cobb Polk Gradone Cain Myer ERISA Securities CafePharma Derivative Schering SEAS cancer Vytorin projections July 15 19 2010. Show all posts

Monday, July 19, 2010

Merck Knuckles-Under -- Starts Providing Additional Vytorin® ENHANCE Evidence


As I noted last Thursday (in four places, no less!), the plaintiffs in the various pieces of ENHANCE/Vytorin® federal securities and ERISA would-be class actions were allegedly being effectively stone-walled, by Merck's lawyers, in obtaining additional discoverable documents. That has all changed, apparently, now that the lengthy plaintiffs' letter detailing, for Judge Cavanaugh, the dilatory tactics -- have been made public -- as of this morning, then:

. . . .This firm, along with others represents plaintiffs in the above captioned litigation. As you know, on July 9, 2010, we filed a letter with Your Honor identifying certain discovery issues which we believed required judicial intervention. I am pleased to report that the parties continue to make progress resolving those issues and, as a consequence, Plaintiffs hereby withdraw their July 9, 2010 letter without prejudice to seeking the Court’s assistance on any of those matters in the future. . . .

I'll keep you posted, as ever -- but Merck knew it had a series of losers, here.