Wednesday, January 12, 2005

Celebrex Class Action Lawsuit filed in Pittsburgh

The Law Office of Alfred G. Yates Jr., PC has announced that a class action lawsuit was filed against Pfizer Inc. in the United States District Court for the Southern District of New York.

The suit was filed on behalf of all purchasers of the common stock of Pfizer, Inc. between November 1, 2000 and December 16, 2004 and alleges that Pfizer issued "false and misleading statements and omissions concerning the safety and marketability of Pfizer's Celebrex and Bextra products."

The suit further alleges that the defendants "knew or recklessly disregarded that the undisclosed health risks posed by these drugs would limit their marketability, and that potential financial liability Pfizer faced from the harms these drugs caused posed a serious threat to the Company's financial condition."

For more information on this lawsuit contact the Law Office of Alfred G. Yates Jr., PC, 800-391-5164 E-mail: yateslaw@aol.com

Related article: Celebrex Lawsuits