PETA Loses Lawsuit Seeking Inclusion in Merck Shareholder Meeting
U.S. District Judge Amy Jackson dismissed a lawsuit filed by People for the Ethical Treatment of Animals seeking a court order to force Merck & Co. Inc. to include a resolution from the animal rights group in materials for the pharmaceutical company’s annual shareholder meeting.
Following a motions hearing this morning, Jackson granted Merck summary judgment and dismissed the case in an order from the bench. Since the shareholder meeting in question already took place in May, Merck had argued that the court lacked authority to order Merck to hold a special meeting for the purpose of presenting PETA’s resolution, among other things.
The animal rights group holds 101 shares of Merck. The group accused Merck of wrongfully denying its request to include a resolution in proxy materials that called on Merck to disclose use of animal testing in in-house and contracted research. Full story