Merck Found Liable In Nation's First Vioxx Trial
A Texas jury awarded Carol Ernst 253.4 million to her estate after finding Merck & Co. liable for her husband Robert Ernst's death linked to the painkiller Vioxx. Verdict splits included 450,000 in economic damages, 24 million for mental anguish, and 229 million in punitive damages, though caps likely reduce the punitive amount.
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Merck
Angleton
Texas
Merck & Co
Carol Ernst
Ben Morelli
Ernst
Mark Lanier
Robert Ernst
Jonathan Skidmore
Wal-Mart
Skidmore
Associated Press
Pat Sullivan
Merck Co
Merck faces growing liability after Vioxx verdict
Merck and Co. may see thousands more lawsuits after a $253.4 million wrongful-death verdict linked to Vioxx. Analysts estimate liability could reach $18 billion or more, with stock dropping 7 percent. Experts say subsequent cases could be stronger and may test Merck's policy of litigating cases individually.
MENTIONED IN THIS ARTICLE
Merck
Lanier
New Jersey
New Orleans
Vioxx
Merck & Co
Anthony Sebok
Brooklyn Law School
Jason Napodano
Zacks Investment Research
Angleton
Num
Napodiano
Sebok
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