'Attorney General Ken Paxton Sues Pfizer For Misrepresenting COVID-19 Vaccine Efficacy And Conspiring To Censor Public Discourse' -
Portfolio Pulse from Benzinga Newsdesk
Texas Attorney General Ken Paxton has filed a lawsuit against Pfizer Inc. for allegedly misrepresenting the efficacy of its COVID-19 vaccine and attempting to censor public discourse. The lawsuit claims Pfizer engaged in deceptive practices by promoting the vaccine's 95% efficacy based on relative risk reduction, which is considered misleading. It also accuses Pfizer of suppressing information about the vaccine's limited duration of protection and failing to measure its effect on transmission. The lawsuit alleges that Pfizer tried to silence critics when the vaccine's limitations became apparent.
November 30, 2023 | 10:39 pm
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Pfizer Inc. is facing a lawsuit from Texas AG for allegedly misrepresenting the efficacy of its COVID-19 vaccine and censoring public discourse, which could potentially harm the company's reputation and affect investor confidence.
The lawsuit against Pfizer by Texas AG alleging misrepresentation of vaccine efficacy and censorship efforts could lead to legal repercussions and damage the company's public image. This negative publicity may result in a loss of investor trust and potentially impact stock prices in the short term.
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