Pfizer Settles Zoloft Preemption Case

Law360, New York (January 20, 2010, 7:24 PM ET) -- Pfizer Inc. has agreed to pay $98,000 to settle a lawsuit alleging it failed to warn consumers and physicians about the risks associated with the antidepressant Zoloft, resolving a case that saw an appeals court judgment in the drugmaker's favor vacated after Wyeth v. Levine.

On Tuesday, attorneys for the plaintiffs — the estate of Theodore DeAngelis, as well as DeAngelis’ daughter and estate executor Beth Ann McNellis — filed an application seeking approval of the settlement with the U.S. District Court for the District of...
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