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Share Name | Share Symbol | Market | Type |
---|---|---|---|
SGH Ltd | ASX:SGH | Australian Stock Exchange | Ordinary Share |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.26 | -0.54% | 48.23 | 47.95 | 48.75 | 49.58 | 48.11 | 49.28 | 562,822 | 07:50:00 |
Australian law firm Slater & Gordon Ltd. (SGH.AU) said Friday that the Federal Court has found in favour of the plaintiff leading a class action against U.S. pharmaceutical firm Merck & Co. (MRK) related to its now withdrawn painkiller Vioxx.
In a statement, the law firm said that Merck has the right to appeal the judgment handed down by Justice Jessup in Melbourne, or "may decide to work towards a negotiated settlement that is satisfactory to the clients and to the court."
-By Bill Lindsay, Dow Jones Newswires; 61-2-8272-4694; bill.lindsay@dowjones.com
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