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Court Approves $8.5M Settlement for Schering-Plough Participants in Stock Drop Suit
PLANSPONSOR
[Guidance Overview] Dec. 22, 2010
Excerpt: [A U.S. District Judge] approved the settlement for 'all persons (excluding defendants) who were participants in or beneficiaries (including alternate payees) of the [Schering-Plough Employees' Savings Plan] at any time between July 29, 1998, and April 18, 2007, and whose accounts included investment in the company stock fund at any point during that time period.'
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