IBM said on Thursday that it had agreed to pay $300 million to resolve certain claims in the class action lawsuit relating to its new cash-balance pension plan.
Under the settlement, current and former employees would be eligible to receive an incremental pension benefit worth approximately $300 million in exchange for the settlement of certain claims [...]

An Oklahoma City law firm on Thursday filed a lawsuit against the drugmaker Merck & Co., alleging that its arthritis drug Vioxx was defective and that the company failed to warn the public and healthcare providers of certain risks associated with taking the popular painkiller.
The lawsuit, filed by Federman & Sherwood and Strong, Martin & [...]