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Violation Tracker Individual Record

Company: Pfizer
Current Parent CompanyPfizer
Parent at the Time of the Penalty Announcement subscribe to see this data field
Penalty: $288,000,000
Year: 2013
Date: February 28, 2013
Offense Group: safety-related offenses
Primary Offense: drug or medical equipment safety violation
Secondary Offense: product safety violation
Mega-ScandalPharmaceutical Hazards
Violation Description: Pfizer disclosed that in 2012 it recorded a charge of $288 million to cover the cost of settling multi-district litigation alleging that its smoking cessation product Chantix was linked to depression and suicidal behavior.
Level of Government: federal
Action Type: private litigation
Court: Northern District of Alabama
Civil or Criminal Case: civil
Case ID: 2:09cv2039
Case Name: In re: Chantix (Varenicline) Products Liability Litigation
Private Lawsuit Resolution Type: settlement
HQ Country of Current Parent: USA
HQ State of Current Parent: New York
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: pharmaceuticals
Specific Industry of Current Parent: pharmaceuticals
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.