Thursday, August 21, 2008

Pfizer admits: We're getting sued like crazy!

Frederick Paulmann is Director, Pfizer Partenring (sic) Program for Outside Counsel (and that is his own misspelling of his title on Spoke).

Anyways, Fred is an open guy, so open that he admits plaintiffs are piling onto Pfizer.

He told Corporate Counsel that the number of legal "matter counts had more than doubled from 2005 to 2006, and then jumped by close to a third from 2006 to 2007."

100% increase in number of lawsuits against Pfizer in 2006 and then another 30% increase in 2007.

So now we know we've solved the riddle about why they made a lawyer CEO!?

Perhaps Kindler will come up with a strategy on how to actually avoid litigation, by, I dunno, maybe treating employees fairly, and perhaps properly dislosing side effects of high-risk drugs, like admitting that taking Chantix may make you so crazy that your neighbor will shoot you?

1 comment:

Anonymous said...

Pfizer is due the same legal counsel provided by Jim Carey's character in the movie "Liar Liar" in helping that client out of legal trouble-- "Stop breaking the law, asshole!"

Unfortunately, Pfizer isn't chaired by a former independent legal counsel who could come in and say that in fixing the problem and getting Pfizer eventually to be an ethical and law abiding profitable company-- instead they're being headed by the same dumbass asshole lawyer who directed most of the illegal conduct for which the company is now being sued, and sued and sued. What an f---ing asshole Jeff Kindler is!!!