SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Bill Wexler's Trading Cabana -- Ignore unavailable to you. Want to Upgrade?

To: RockyBalboa who wrote (433)11/9/2004 6:26:14 PM
From: Dr. Voodoo  Respond to of 6370
 
Midland,

I'm not so sure this case will be a liability slam dunk and that MRK will share all of the blame. Remember the FDA sat on the data too. They can also make a pretty reasonable case that they weren't negligent. I don't think this is like phen-fen.

As far as numbers go, in terms of liability 10B is a number that I've heard mentioned quite a bit. Since a jury will probably get to decide, I think I would wait till hearing all the evidence.

If they covered up anything(which I doubt they did), take whatever number you were thinking of and multiply by 10.

It will be an EXPENSIVE trial. I think if they can settle out of court for $1B they will take it.

Voodoo



To: RockyBalboa who wrote (433)11/9/2004 9:48:18 PM
From: Hank  Respond to of 6370
 
I don't know. They have insurance to cover a small part of the liabilities but it is well below 1 billion. It's anyones guess until the dust settles.


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News