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25 Oct 2013, 1:03 pm
Ultimately, Pfizer paid a total of $2.3 billion to settle the Medicare fraud claim brought on behalf of the Government. [read post]
30 Oct 2009, 6:04 am
(Editor's Note: This post is based on an article by Professor Hamermesh in the Widener Institute of Delaware Corporate and Business Law) In a very interesting opinion on a matter of first impression, Vice Chancellor John Noble has indicated that the refusal of a board of directors to accept the resignation of a director who fails to obtain a majority vote under a "Pfizer-style" majority vote resignation policy is largely immune from judicial review. [read post]
29 Apr 2016, 6:46 am
Yesterday, the House Judiciary Subcommittee on the Constitution and Civil Justice held a hearing entitled “Oversight of the False Claims Act,” in which corporate lobbyists organized by the Chamber of Commerce worked to advance their agenda to cripple the False Claims Act. [read post]
3 Jun 2021, 8:56 am
The experience of EUAs and forthcoming BLAs for COVID-19 vaccines has useful lessons for policymakers going forward.First, resistance to mandates of EUA products, and public reactions more generally, suggest that full FDA approval—in this case, a BLA—remains important in the eyes of the public and those setting corporate and local policy. [read post]
29 Nov 2011, 5:15 am
According to the WSJ, enforcement of the FCPA has led to approximately $4 billion in penalties against corporations in just the past 5 years. [read post]
27 Jan 2012, 11:20 am
Gerstner Jr. 1993-2002 $189,005,929 Pfizer Inc. [read post]
18 Nov 2015, 10:01 am
Whistleblowers perform an important service in our society, especially as companies grow bigger, corporate financial statements grow murkier, and cheating sometimes generates little more than a cynical shrug. [read post]
3 Apr 2014, 1:53 pm
Securities Investor Protection Corporation, which held that the civil RICO Act contained both “but for” causation and proximate causation requirements. [read post]
27 May 2010, 4:17 pm
Here are some featured in-house counsel jobs for you to peruse over your long weekend – courtesy of GoInhouse.com: Assistant General Counsel – EQT Corporation , Pittsburgh, PA Managing Senior Counsel – Research – General Electric, Wauwatosa, WI Senior Counsel, Investigations – General Electric, Brookfield, WI Staff Attorney — Land Management – Alliance Coal, LLC, Triadelpia, WV Senior Patent Counsel #4119GH – Lumen Legal, Royal Oak, MI… [read post]
26 Mar 2012, 5:55 am
Pfizer alone has paid almost $3 billion in fines since 2002 and entered into three corporate integrity agreements with the Department of Health and Human Services aimed at preventing future fraud. [read post]
11 Jun 2008, 7:50 pm
He also spoke out about illegal practices, filing Qui-Tam suits (also known as False Claims or "whistleblower" suits) against Pfizer for the off-label marketing of Genotropin, a human growth hormone, and Wyeth, his previous employer, where he alleged tax fraud.In just months, Rost went from anonymous corporate executive to Big Pharma's number one whistleblower. [read post]
7 Jan 2010, 4:40 pm
” Plaintiffs’ attorney Tobias Millrood, “winner of a $34 million verdict against Pfizer,” said, “It’s a reflection of the fact that Main Street is hurting. [read post]
9 Dec 2013, 1:12 pm
He offered as an example a parking garage, under discussion recently as a means of meeting the parking demands generated by Electric Boat’s offices in the former Pfizer buildings, the one major project resulting from NLDC’s corporate development vision. [read post]
9 Sep 2009, 6:26 pm
In addition to the fine, Pfizer must pledge to improve its corporate behavior, including marketing practices, as part of the settlement. [read post]
12 Jun 2012, 8:14 am
Last week, the Sixth Circuit ruled largely in favor of Stryker Corporation in its effort to secure insurance coverage from XL Insurance America. [read post]
12 Jun 2012, 8:14 am
Last week, the Sixth Circuit ruled largely in favor of Stryker Corporation in its effort to secure insurance coverage from XL Insurance America. [read post]
23 Nov 2009, 6:23 pm
Kendall, 66, sued pharmaceutical company Pfizer after spending 11 years taking the hormone replacement drugs Prempro and Provera, products of Pfizer corporate units. [read post]
24 Nov 2008, 3:04 am
Pfizer, the Nigerian plaintiffs claimed Pfizer exposed them to cruel, inhuman and degrading treatment" and based their claim under the Alien Tort Statute (ATS). [read post]
11 Mar 2009, 4:32 am
Some CEOs insist on lean corporate staff, such as InBev's, which leads to widely different benchmark metrics than, say, Anheuser-Busch. [read post]
24 Apr 2012, 3:45 am
Further, foreign corporations are reluctant to list and trade here, while private U.S. corporations have grown wary of going public. [read post]
