Vioxx Settlement

According to the NYT, Merck has agreed to a $4.85 billion settlement for 27,000 Vioxx lawsuits.  Byron Stier has a thoughtful post on the settlement over at Mass Tort Litigation Blog.  For a more thorough analysis of Byron’s approach to mass torts, see Byron G. Stier, Resolving the Class Action Crisis:  Mass Tort Litigation as Network, 2005 Utah L. Rev. 863.

CJR