Prudential Analyst sees Merck Losing Vioxx Lawsuit

July 23rd, 2005 A doctor told jurors yesterday in the nation's first Vioxx lawsuit that the drug contributed to the death of a Texas man, aged 59, who had an arrhythmia linked to a heart attack in 2001. ''His taking of Vioxx caused and/or contributed to his heart attack," Dr.

July 8th, 2005 Merck tried to patent a drug that would reduce heart attack risks for Vioxx (COX-2 selective inhibitors) users, three years before the company withdrew the painkiller drug from the market because of safety concerns. According to government records, the company applied for the patent in 2001.

January 29th, 2007 A large study, conducted by Dr. James M. Brophy and his colleagues, from the McGill University Health Center in Montreal, confirms that selective COX2 inhibitors - Vioxx (rofecoxib) and Celebrex (celecoxib) are both associated with increased risk of repeat heart attack.

December 30th, 2005 Sony finally settles the class action lawsuit filed in California caused by their highly controversial decision to install a rootkit for DRM protection of their music CD’s. If you are a Sony CD customer read the full details below to claim your rights.

May 29th, 2009 Mark Cuban sues SEC over insider trading documents DALLAS — Mark Cuban sued the Securities and Exchange Commission on Thursday for access to documents detailing the insider trading case against the Dallas Mavericks owner. The Dallas billionaire filed requests for records in December under the Freedom of Information Act.

October 7th, 2009 SEC files notice of appeal in Cuban trading caseDALLAS — The Securities and Exchange Commission says it plans to appeal a federal judge's dismissal of the agency's insider-trading lawsuit against Mark Cuban. The SEC filed a notice Wednesday that it plans to take its case to the 5th U.S.

May 23rd, 2006 Customers who bought Sony CDs with XCP copy control software (rootkit) are set to get refunds as a result of the consolidated class action settlement. Sony was sued in three separate class action lawsuits, which were consolidated into Monday's settlement.

July 20th, 2009 Suit accuses Mavericks owner of diverting profitsDALLAS — Dallas Mavericks owner Mark Cuban is accused of wrongfully diverting millions of dollars from the NBA franchise's home arena to help make up for cash shortfalls incurred by the team, according to a lawsuit filed by a company controlled by the team's former owner. The lawsuit claims Cuban covered the Mavericks' financial shortfalls by obtaining more than $29 million in unauthorized loans through a limited partnership designed to distribute profits from the arena, the American Airlines Center.

June 10th, 2005 Let's begin with an example. Name: Stanford scientists takes first step towards producing renewable source of insulin producing cells from brain-derived ...

July 14th, 2006 Intel said that it would lay off 1,000 managers which is about 1 percent of its work force. Last month, Intel said it would sell its money-losing communications chip business to Marvell Technology Group for $600 million.

December 11th, 2005 Google, Inc. has been sued by AIT, a "two-time" INC 500 Company, who has advertised with Google for years, as the representative plaintiff in the United States District Court for the Northern District of California.

June 2nd, 2009 Microsoft now prepares to explore new avenues in health care industry with its announcement to acquire Rosetta Biosoftware, a unit of Merck & Co. The company develops software for analyzing genomes and conducting clinical studies.

July 17th, 2009 Judge dismisses SEC complaint against CubanDALLAS — A federal judge dismissed a civil insider-trading lawsuit against Dallas Mavericks owner Mark Cuban on Friday, dealing the Securities and Exchange Commission a rare high-profile setback. U.S. District Judge Sidney A.

April 29th, 2005 A new dawn for Sun Microsystem or the end of Sun as we know it? CEO Scott McNealy is considering taking Sun private with the help of Silver Lake Partners, says a hedge-fund manager close to McNealy and the private equity fund. Silver Lake has done LBOs for Seagate Technology (STX ) and SunGard Data Systems (SDS ).

June 20th, 2006 A 14-year-old Travis County girl who said she was sexually assaulted by a man she met on MySpace.com sued the MySpace for $30 million, claiming that it fails to protect minors from adult sexual predators. The lawsuit claims that the Web site does not require users to verify their age and calls the security measures aimed at preventing strangers from contacting users younger than 16 "utterly ineffective." What do they expect MySpace to do? Ask every registrants to provide photocopy of age or driver's license? At the core I think the primary responsibility of managing their children is on the parents.