50 Million Settlement Reached with Merck Defendants in Vitamins Antitrust Litigation Class Plaintiffs reached a settlement with defendants E. Merck, Merck KGaA, and EM Industries, Inc. (jointly referred to as "Merck") in the Vitamins Antitrust Litigation and filed a motion for preliminary approval of their settlement on August 15, 2002. Pursuant to the Settlement Agreement, Merck has made a cash payment of $50 million for the benefit of the members of the Vitamin Products Class, a class of businesses that directly purchased bulk vitamins from Merck and were overcharged as a result of an illegal price-fixing conspiracy. CMHT, along with Boies, Schiller & Flexner and Susman Godfrey, are Co-Lead Counsel for the Class Plaintiffs. Three other major settlements in this multidistrict litigation between certain defendants and Class Plaintiffs have been previously approved by Chief Judge Hogan (D.D.C.). For more information, please contact us at lawinfo@cmht.com.
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