Louisiana Sues Pfizer over Alleged Zoloft Piggybacking on a private class-acti…

Posted on December 2, 2013 by Principal Law Group, LLP Louisiana Sues Pfizer over Alleged Zoloft

Piggybacking on a private class-action lawsuit, the state of Louisiana last week filed suit against giant drug maker Pfizer (2012 revenues: $58.98 billion), alleging that it defrauded the state by means of “false, misleading, unfair, and deceptive acts in the marketing, promotion, and sale” of the big-selling antidepressant Zoloft. Filed by State Attorney General Buddy Caldwell, the complaint contends that Pfizer knew early on that Zoloft was ineffective at treating depression, but pushed for FDA approval anyway, eventually causing Louisiana to spend millions of dollars via its Medicaid program for a drug that does not work, according to the complaint.