Pfizer Settles Former Exec's FCA Suit In 1st Circ.

Law360, New York (August 23, 2013, 7:32 PM ET) -- A former Pfizer Inc. executive has dropped his bid to resurrect a False Claims Act suit over the company's payment of kickbacks to doctors for prescriptions of human growth hormone drug Genotropin after reaching a settlement, according to a document filed with the First Circuit Thursday.

According to a joint motion to dismiss filed by former Pfizer vice president Peter Rost and the New York-based drugmaker, Rost agreed to drop his appeal following negotiations and discussions between himself, Pfizer and the U.S. Department of Justice beginning...
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