A settlement has been proposed in a class action concerning the price of Schering-Plough securities during the period from May 9, 2000 through and including February 15, 2001 (the "Class Period") . The Settlement will provide a settlement fund of one hundred and sixty-five million dollars ($165,000,000) for the benefit of investors who purchased Schering-Plough securities during the Class Period. If you qualify, you may send in a claim form to get benefits.
The United States District Court for the District of New Jersey authorized this Summary Notice. Before any money is paid to Class Members, the Court will hold a hearing to decide whether to approve the Settlement.
MARCH-13-09: Proposed $165 Million Settlement in Schering-Plough Securities Class Action [BIO-MEDICINE: PROPOSED SCHERING-PLOUGH SETTLEMENT $165 MILLION]