Pfizer's Reconsideration Bid Nixed In Securities Suit

Law360, New York (September 5, 2008, 12:00 AM EDT) -- The court overseeing a putative securities class action against Pfizer Inc. has rejected the defendants' request for reconsideration of its prior ruling on a motion to dismiss, holding that Pfizer's bid to revisit issues the court already ruled on would constitute an improper second bite at the apple.

On Thursday, Judge Laura Taylor Swain of the U.S. District Court for the Southern District of New York denied Pfizer's motion for reconsideration of a July 1 order on the defendants' dismissal bid and also denied Pfizer's request...
To view the full article, register now.