Friday
Oct172008
Stories We're Following
Friday, October 17, 2008 at 12:18PM (WSJ) Pfizer Inc. has agreed in principle to pay $894 million to settle litigation related to its
painkillers Celebrex and Bextra.
The bulk of the settlement, $745 million, will resolve 90% of the known personal injury suits that allege the painkillers caused heart attacks and strokes, according to Pfizer, which will take a third-quarter pre-tax charge to earnings of $894 million, a statement provided by the company said.
Next Week:
Cleveland Immigration Lawyer David Leopold returns to discuss recent raids and a new immigration bill
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