As reported in the St. Louis Post-Dispatch “Attorneys general in 11 states, including Missouri and Illinois, have filed objections to General Motors Corp.’s reorganization plan. They have asked the bankruptcy court in Manhattan to reject the sale of most of GM’s assets to a ‘new’ GM unless there is stronger consumer protection.” The filing “asks that the sale exclude a product-liability shield.”
Pfizer Agrees to $2.3 Billion Settlement
September 3, 2009
The CBS Evening News and the AAJ are reporting that Pfizer was hit with $2.3 Billion in fines for for violating federal drug marketing rules. Pfizer was accused of promoting the pain medication Bextra for uses that were not approved.