Amgen (AMGN) announced that it has settled a class action lawsuit by agreeing to pay plaintiffs $95M. The company said that it is settling the lawsuit to avoid litigation charges. The suit was filed on the behalf of purchasers of the company's common stock between April 22, 2004 and May 10, 2007. The company felt the suit lacked merit and says the settlement does not mean it admits to any wrongdoing.