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Little Rock law firm sues Pfizer over drugs.

Emerson Poynter LLP, a law firm with offices in Little Rock, Houston and Seattle, has filed a lawsuit against pharmaceutical giant Pfizer Inc., saying the company misrepresented facts about the safety of two drugs, Celebrex and Bextra.

Pfizer removed all marketing for Celebrex last week after questions were raised about the pain medication's safety. Emerson Poynter's lawsuit is the third Pfizer faces after disclosing that Celebrex and Bextra might increase the chances of heart problems in users.

Pfizer released a study that showed Celebrex users had double the chance of experiencing heart problems than patients taking a placebo.

Emerson Poynter filed the lawsuit on behalf of shareholders who purchased Pfizer stock between Nov. 1, 2000, and Dec. 16, 2004.

Emerson Poynter; whose Little Rock offices are at 2228 Cottondale Ave., was founded by partners John G. Emerson and Scott E. Poynter, both Arkansas natives. The firm specializes in securities purchaser class-action lawsuits.
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Title Annotation:Inside Business; Emerson Poynter LLP; Pfizer Inc.
Author:Turner, Lance
Publication:Arkansas Business
Article Type:Brief Article
Geographic Code:1USA
Date:Dec 27, 2004
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