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Friday, October 20, 2006

U.S. appeals court reinstates Rezulin lawsuit "U.S. appeals court reinstates Rezulin lawsuit
Thu Oct 5, 2006 6:34pm ET
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PFE (Pfizer Inc )
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Insider Trading Email This Article Print This Article Reprints [-] Text [+] NEW YORK, Oct 5 (Reuters) - A federal appeals court in New York on Thursday reinstated a lawsuit filed against Pfizer Inc. (PFE.N: Quote, Profile, Research) unit Warner-Lambert by people who claim to have been harmed by its withdrawn diabetes drug Rezulin.
In a 22-page opinion, a three-judge panel for the U.S. Court of Appeals for the Second Circuit wrote that a lower court judge had wrongly concluded that federal law preempted claims made under a Michigan state product liability statute.
The lawsuit, filed by residents of Michigan who said their various injuries were caused by Rezulin, had been dismissed by U.S. District Judge Lewis Kaplan in 2005.
Rezulin was "


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