Two months after opting out of a class action against Pfizer, a group of major public and private institutional investors are taking matters into their own hands. On Thursday the breakaway investors and their lawyers at Bernstein Litowitz filed their own securities fraud suit, accusing Pfizer of duping shareholders about risks associated with two once-blockbuster drugs.
Heavy-Hitters Hit Pfizer with New Securities Suit, Highlighting Opt-Out Trend
The Litigation Daily
November 15, 2012
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