Settlements and Verdicts

Bristol-Myers Gets Preliminary Approval of $125 Million Plavix Settlement

A settlement of $125 million has been preliminarily approved in the shareholder lawsuit against Bristol-Myers Squibb. The suit involves allegations that the pharmaceutical company failed to disclose side deals it made with Apotex regarding the sale of the company's blockbuster drug Plavix.

A final hearing for settlement approval is set for December 8, 2009.

AUG-19-09: Bristol-Myers gets Preliminary Approval of $125 Million Plavix Settlement [REUTERS: BRISTOL-MYERS PLAVIX SETTLEMENT]

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