[U: And Fox "News" Settles For $787.5 Million!] BREAKING! The "Direct Purchasers" Have Been Paid By Merck & Glenmark To Settle -- But The Other Plaintiffs Continue (Retail Pharmacies)

No figures are likely to be disclosed until the SEC Form 8-K is filed (if material to Merck), but this resolves about one-half of the antitrust action now set to begin picking a federal class action jury -- starting tomorrow.

I would expect that this settlement was for boxcar numbers. I can't imagine going this far (around a decade or more, now), and not getting some big numbers -- on the proof as I've seen it come in, over the years.

In any event -- we will learn more tomorrow, as jury selection begins, in the federal district courts in Norfolk, Virginia:

. . .Before jury selection commenced as scheduled, the court was advised that Direct Purchaser Plaintiffs (DPPs) had reached a settlement agreement with the Merck Defendants and the Glenmark Defendants.

Thus, the jury panel was released for the remainder of the day and jury selection was continued for remaining parties to April 19, 2023 at 11:00 a.m. . . .

Fascinating. More as we get it. Updated at 5 pm EDT -- Fox News will pay Dominion $787.5 million, for lies it knowingly told on air about the company, and the outcome of the 2020 election. Grinning ear to ear!

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