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Where There Is Will, There Is A Lawsuit
Where There Is Will, There Is A Lawsuit
PHARMACEUTICAL COMPANY
INTRODUCTION
PFIZER INCORPORATION
‣ PFIZER WAS FOUNDED IN 1849 BY COUSINS CHARLES PFIZER AND CHARLES F. ERHART IN NEW YORK
CITY AS A MANUFACTURER OF FINE CHEMICALS. ITS DISCOVERY OF TERRAMYCIN (OXYTETRACYCLINE)
IN 1950 PUT IT ON A PATH TOWARDS BECOMING A RESEARCH-BASED PHARMACEUTICAL COMPANY.
‣ PFIZER IS LISTED ON THE NEW YORK STOCK EXCHANGE, AND ITS SHARES HAVE BEEN A COMPONENT
OF THE DOW JONES INDUSTRIAL AVERAGE SINCE 2004.
‣ PFIZER DEVELOPS AND PRODUCES MEDICINES AND VACCINES FOR A WIDE RANGE OF MEDICAL
DISCIPLINES, INCLUDING IMMUNOLOGY, ONCOLOGY, CARDIOLOGY, DIABETOLOGY/ENDOCRINOLOGY,
AND NEUROLOGY.
‣ PFIZER'S PRODUCTS INCLUDE THE BLOCKBUSTER DRUG LIPITOR (ATORVASTATIN), USED TO LOWER LDL
BLOOD CHOLESTEROL; LYRICA (PREGABALIN) FOR NEUROPATHIC PAIN/FIBROMYALGIA; DIFLUCAN
(FLUCONAZOLE), AN ORAL ANTIFUNGAL MEDICATION; ZITHROMAX (AZITHROMYCIN), AN ANTIBIOTIC
AND CELEBREX/CELEBRA (CELECOXIB), AN ANTI-INFLAMMATORY DRUG.
CONTENTS
LAW SUITS
‣ JONES VS FIZER
‣ BRIBERY AND IMPROPER PAYMENTS.
‣ PROMOTING OFF LABEL USE OF DRUGS.
‣ ABDULLAHI V. PFIZER, INC. (HUMAN RIGHTS)
‣ ZOLOFT LAWSUIT AND BIRTH DEFECT INFORMATION.
‣ PFIZER INC. V. GOVERNMENT OF INDIA YEAR-1975 (CLAYTON ACT-
USA 1914)
‣ GMO VIRUS 2005-2010 (SAFETY ISSUES)
‣ ENVIRONMENTAL PROTECTION AGENCY VS PFIZER
‣ PFIZER V CIPLA PATENT DISPUTE IN INDIA
‣ RANBAXY PFIZER DISPUTE OVER LIPTOR
LAW SUIT1
‣ JONES VS FIZER
MARY K JONES PFIZER
ROBIN GELLER
PROMOTING DRUGS FOR OFF LABEL USERS
FORENSIC ACCOUNTANTS
$400 MILLION WAS THE CALIM
UNCOVERED THE ILLEGAL
PROMOTIONS SETTLEMENT
LAW SUIT 2
THRY BRIBED DOCTORS AND HEALTH CARE PROFESSIONALS FOR INCREASING FOREIGN SALES
PFIZER
UNETHICAL PRACTICES PROMOTING OFF LABEL DRUGS
CLAIMS : $1BILLION
2006-PANEL OF NIGERIAN MEDICAL EXPERTS CONCLUDED THAT PFIZER VIOLATED INTERNATIONAL LAW
2009-PFIZER AGREED TO PAY UPON $75 MILLION TO NIGERIAN COURT FOR SETTLEMENT OF LAW SUITS
ZOLOFT IS LINKED TO BIRTH DEFECTS SUCH AS HOLES IN THE HEART, CLEFT PALATE, CLUB FEET, SPINA
BIFIDA, SKULL DEFECTS AND PERSISTENT PULMONARY HYPERTENSION OF THE NEWBORN (PPHN).
SEEKING COMPENSATION TO HELP WITH MEDICAL BILLS, CONTINUING CARE FOR THEIR CHILD, LOST
WAGES, PAIN AND SUFFERING, AND OTHER DAMAGES
LAW SUIT 6
ANTI-TRUST SUIT IT WAS MAKING SECRET PLANS IN THE MANUFACTURE DISTRIBUTION AND SALE OF ANTIBIOTICS
‣ THE APEX COURT OF INDIA (SUPREME COURT) DECIDES TO RECOGNISE THIS CASE
UNDER ITS RULING,BY REFERRING TO CLAYTON’S ACT 1914.
AS IT’S
INCORPORATED INTERVENED
IN
THE UNITED STATES OF AMERICA
PFIZER CAN’T
BE SUED ON GOVERNMENT OF INDIA
DUE TO LEGAL POLICIES
INTERNATIONAL
BORDERS
LAW SUIT 7
BECKY MCCLAIN
EX-
SCIENTIST PFIZER
SUTENT
WHICH IS THE PATENT COPIED DRUG DRUG
IN 2012 PFIZER APPEALED AGAINST THE PATENTS RULING AND APPROACHED DELHI HIGH COURT
SEEKING STAY ON THE DRUG BU T INDIA UPHELD THE INDIAN PATENTS OFFICE POINT OF VIEW
RANBAXY VS PFIZER
BUT RANBAXY GOT THE RIGHT TO SELL THE DRUG FOR 180 DAYS IN USA
‣ HTTP://WWW.RGRDLAW.COM/NEWS-ITEM-PFIZER-400-MILLION-RECOVERY.HTML
‣ HTTP://WWW.NCBI.NLM.NIH.GOV/PUBMEDHEALTH/PMH0000327/
‣ HTTP://WWW.FDA.GOV/SAFETY/MEDWATCH/SAFETYINFORMATION/SAFETY-RELATEDDRUGLABELINGCHANGES/UCM154524.HTML
‣ HTTP://WWW.FDA.GOV/DOWNLOADS/DRUGS/GUIDANCECOMPLIANCEREGULATORYINFORMATION/GUIDANCES/UCM162465.PDF
‣ HTTP://WWW.ACCESSDATA.FDA.GOV/DRUGSATFDA_DOCS/LABEL/2012/021446S028LBL.PDF
‣ HTTP://ABCNEWS.GO.COM/HEALTH/PAINMANAGEMENT/PFIZERS-23-BILLION-SETTLEMENT-CHANGE-PRACTICES/STORY?ID=8476391
‣ HTTP://WWW.CORP-RESEARCH.ORG/PFIZER
‣ HTTPS://WWW.DRUGWATCH.COM/ZOLOFT/LAWSUITS.PHP
‣ HTTP://WWW.LEAGLE.COM/DECISION/1978742434US308_1719/PFIZER%20INC.%20V.%20INDIA
‣ HTTP://CASES.LAWS.COM/PFIZER-INC-V-GOVERNMENT-OF-INDIA
‣ HTTPS://WWW.CRIN.ORG/EN/LIBRARY/LEGAL-DATABASE/RABI-ABDULLAHI-V-PFIZER-INC
‣ HTTP://WWW.NYTIMES.COM/2010/04/03/BUSINESS/03PFIZER.HTML?_R=0
‣ HTTPS://GEFREEBC.WORDPRESS.COM/2010/03/21/EX-PFIZER-SCIENTIST-EXPOSED-TO-GENETICALLY-ENGINEERED-VIRUS/
‣ HTTP://WWW.BUSINESS-STANDARD.COM/ARTICLE/COMPANIES/PFIZER-TO-APPEAL-PATENT-ORDER-ON-CANCER-DRUG-113021201534_1.HTML
‣ HTTP://WWW.BUSINESS-STANDARD.COM/ARTICLE/COMPANIES/RANBAXY-PFIZER-SETTLE-LIPITOR-DISPUTE-OUT-OF-COURT-108061901010_1.HTML
‣ HTTP://WWW.BUSINESS-STANDARD.COM/ARTICLE/COMPANIES/RANBAXY-SETTLES-PATENT-DISPUTES-WITH-PFIZER-108061800094_1.HTML
CORPORATE LAW
LAW SUITS
BANK OF AMERICA
‣ IT IS THE SECOND LARGEST BANK HOLDING COMPANY IN THE UNITED STATES BY ASSETS. AS OF 31 MARCH
2016 VALUED AT $1,685.5 BN
‣ BANK OF AMERICA IS THE 21ST LARGEST COMPANY IN THE UNITED STATES BY TOTAL REVENUE. IN 2010.
‣ FORBES LISTED BANK OF AMERICA AS THE THIRD BIGGEST COMPANY IN THE WORLD.
‣ 3RD LARGEST AS PER THE MARKET CAPITALISATION $142.39 BN.
CONTENTS
LAW SUITS
‣ BANK OF AMERICA MISLED TRADING PARTNERS.
‣ BANK OF AMERICA FACES HOME LOAN MODIFICATION CLASS ACTION.
‣ BANK OF AMERICA FACES CLASS ACTION OVER MORTGAGE FORECLOSURE PRACTICES.
‣ BANK OF AMERICA FACES DEBT COLLECTION HARASSMENT CLASS ACTION LAWSUIT.
‣ BANK OF AMERICA FACES CLASS ACTION OVER CREDIT BUREAU REPORTING .
‣ FORECLOSURE SPECIALIST SUES BANK OF AMERICA OVER - FORECLOSURE.
‣ COUPLE WINS $1 MILLION FROM MAJOR BANK OVER OUTRAGEOUS BEHAVIOUR .
‣ SELLING HAZARD INSURANCE COVERAGE ON RESIDENTIAL PROPERTY.
‣ REIMBURSEMENT FOR THE OVERDRAFT CHARGES
‣ AMBAC SUES BANK OF AMERICA OVER COUNTRYWIDE BONDS.
LAW SUIT 1
FORECLOSURE
REAL ESTATE BROKER LOAN WITH ZERO BALANCE TRIED
BONDI TO COLLECT A DEBT
BANK OF AMERICA
TWO MORTGAGES
TOTALLING MORE THAN
CLAIMS BANK OF AMERICA ALMOST
AGREED NOT TO SEEK COLLECTION ON THE $70,000 WAS DUE ON
$314,000 BALANCE.
BUT
INACCURATELY REPORTED THE ACCOUNT TO CREDIT REPORTING AGENCIES AS AN "OPEN
FORECLOSURE" AND REPORTED THAT BONDI WAS 180 DAYS LATE ON PAYMENTS.
LAWSUIT 2
BANK OF AMERICA IS BEING FORCED TO HAND OVER MORE THAN $1 MILLION TO A FLORIDA COUPLE
PATTERNS OF OUTRAGEOUS,
NELSON AND JOYCE CONIGLIO BANK OF AMERICA ABUSIVE AND HARASSING
CONDUCT
AND
DISPUTE
Defendants deny any wrongdoing and assert that their actions are fully authorised under the mortgage
instruments and by law
There has been no court decision on the merits of this case and no finding that Defendants committed any wrongdoing.Both sides have
agreed to a Settlement to avoid the cost and risk of a trial, and so that borrowers can get benefits in exchange for releasing Defendants
from liability.
LAW SUIT 4
Ambac found that 97 percent of 6,533 loans were made to the people who had low credibility
Ambac has paid $466 million in claims from more than 35,000 Countrywide home-equity loans that have
defaulted or been charged off, according to the lawsuit
BANK OF AMERICA DOESN’T WANT TO SETTLE ACCORDING TO LAW SUIT WHERE IT HAS TO REPAY
AMBAC FOR THE INSURED BONDS SUM WHICH IS MORE THAN $400 MILLION AS ITS FACING A TOTAL
$11.1 BILLION OF UNRESOLVED CLAIMS.
LAW SUIT 6
BANK OF AMERICA
PLAINTIFFS
BOA CASHED THE AMOUNT AND STATED THAT THE PAYMENTS WERE PAID LATE AND STARTED
CHARGING LATE FEES ON THE ACCOUNTS
DESPITE THAT THEY ALSO STARTED MAKING ALLEGATIONS AGAINST HER STATING THAT
SHE HAD A VERY POOR CREDIT REPORT TO THE CREDIT BUREAU AND THIS IMPACTED ON
HER ACCOUNTS NEGATIVELY AND DAMAGED HER CREDIT RATING.
‣ HTTPS://TOPCLASSACTIONS.COM/LAWSUIT-SETTLEMENTS/LAWSUIT-NEWS/312241-BANK-OF-AMERICA-AGREES-TO-27-5M-OVERDRAFT-FEE-
CLASS-ACTION-SETTLEMENT/
‣ HTTP://ABCNEWS.GO.COM/US/COUPLE-WINS-1M-SUIT-MAJOR-BANK-OUTRAGEOUS-ROBOCALL/STORY?ID=27542208
‣ HTTPS://WWW.HALLSETTLEMENTINFO.COM/EN
‣ HTTPS://TOPCLASSACTIONS.COM/LAWSUIT-SETTLEMENTS/LAWSUIT-NEWS/312241-BANK-OF-AMERICA-AGREES-TO-27-5M-OVERDRAFT-FEE-
CLASS-ACTION-SETTLEMENT/
‣ HTTP://WWW.BLOOMBERG.COM/NEWS/ARTICLES/2010-09-29/AMBAC-SUES-COUNTRYWIDE-OVER-MORTGAGE-BACKED-SECURITIES
‣ HTTP://WWW.USATODAY.COM/STORY/MONEY/2016/05/18/LAWSUIT-BANK-AMERICA-MISLED-TRADING-PARTNERS/84532170/
‣ HTTPS://WWW.BIGCLASSACTION.COM/LAWSUIT/BANK-OF-AMERICA-HOME-LOAN-MODIFICATION-BANK-AMERICA.PHP
‣ HTTPS://WWW.BIGCLASSACTION.COM/LAWSUIT/BANK-OF-AMERICA-HOME-AFFORDABLE-MODIFICATION-PROGRAM.PHP
‣ HTTPS://WWW.BIGCLASSACTION.COM/LAWSUIT/BANK-OF-AMERICA-FACES-DEBT-COLLECTION-HARASSMENT.PHP
‣ HTTPS://WWW.BIGCLASSACTION.COM/LAWSUIT/BANK-OF-AMERICAL-CLASS-ACTION-CREDIT-BUREAU-REPORTS.PHP
THANK YOU
‣ KUSHAL BABU V
‣ PRASHANTH B.U
‣ SANTANU KALITA