Pharma giant Pfizer has agreed to pay $486 million to close the books on a decade-long class-action securities lawsuit related to two of the company’s pain relievers, Celebrex and Bextra. [More]
Signet Jewelers isn’t a household name, but you’re probably familiar with its brands if you watch TV: the British company owns the chains Kay Jewelers, Zales, and Jared, along with Piercing Pagoda and some regional brands. Today, a report from an influential investors’ tipsheet led to a drop in Signet’s stock price… though possible problems that would be dire for investors would benefit consumers in the long run. [More]
After two years of accusations calling Herbalife a pyramid scheme, the company has won the dismissal of a lawsuit against it alleging it was set up to only enrich those few at the top of its multi-level marketing business.