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Pfizer Settlement

Well Look Who's Caught Up In A Drug Company Scandal

The Huffington Post | Harry Bradford | Posted 07.04.2012 | Business

GlaxoSmithKline agreed to pay $3 billion this week in part to settle claims it paid doctors to illegally promote its drugs. Turns out, the company was...

Drugmaker To Pay Huge Sum To Settle Bribery Probe: Report

AP | By The Associated Press | Posted 11.21.2011 | Business

-- Pfizer Inc. will pay at least $60 million to settle allegations by the U.S. government that the drugmaker paid bribes to win overseas business, ac...

Do Corporate Fines and Punitive Damage Awards Serve Their Purpose?

Judge H. Lee Sarokin | Posted 05.25.2011 | Business
Judge H. Lee Sarokin

Pfizer agreed to pay $2.3 billion to settle fraud claims regarding its marketing practices -- the largest criminal fine of any kind ever. But it's the shareholders, and not the corporate officers, who will be punished.

Pfizer To Pay Record $2.3B Penalty For Ilegal Drug Promotions

AP | DEVLIN BARRETT | Posted 05.25.2011 | Business

WASHINGTON — Federal prosecutors hit Pfizer Inc. with a record-breaking $2.3 billion in fines Wednesday and called the world's largest drugmaker...

Illinois Nets $3M In Pfizer Settlement

AP | Posted 05.25.2011 | Chicago

(AP) -- Attorney General Lisa Madigan says Illinois will receive $3 million from a $60 million settlement with Pfizer over the marketing of the drug m...

Pfizer Reaches Massive Settlement In Celebrex, Bextra Lawsuits

AP | LINDA A. JOHNSON | Posted 05.25.2011 | Business

TRENTON, N.J. — Drug giant Pfizer Inc. has reached an $894 million deal to settle the bulk of the lawsuits over its withdrawn pain reliever Bext...