Company: | Wyeth, Inc |
Ticker Symbol: | WYE |
Class Period: | May-21-07 to Jul-29-08 |
Date Filed: | Jun-18-10 |
Lead Plaintiff Deadline: | Aug-17-10 |
Court: | District of New Jersey |
Allegations: |
This action seeks damages for violations of Sections 10(b), 20(a), and 20A of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder. The defendants are Pfizer, Inc. ("Pfizer"), as successor-in-interest to Wyeth (now a wholly-owned operating subsidiary of Pfizer), Robert Essner (former Chairman and CEO of Wyeth), Bernard Poussot (former Chairman and CEO of Wyeth), Kenneth J. Martin (former CFO and Vice Chairman of Wyeth), Greg Norden (former CFO of Wyeth) and Robert R. Ruffolo, Jr. (former President, Wyeth Research and Senior Vice President, Wyeth) (collectively, "Defendants"). Prior to its acquisition by Pfizer, Wyeth was one of the world's largest pharmaceutical manufacturers. This action alleges that Defendants concealed material information and made false and misleading statements relating to one of its drugs under development.
If you acquired the securities of the defendants during the Class Period you may, no later than the Lead Plaintiff Deadline shown above, request that the Court appoint you as lead plaintiff through counsel of your choice. You may also choose to remain an absent class member. A lead plaintiff must meet certain requirements.