by Nacha Cattan for Bloomberg
“Pfizer Inc. is fighting a lawsuit by a former employee who alleges he was fired after he raised concerns about the company paying tens of millions of dollars to government officials in China, where the drugmaker’s business practices have been under US review.
A federal court in California, where the case was moved from state court earlier this month, is scheduled to hear the New York-based drugmaker’s arguments to dismiss much of the lawsuit in December. The former compliance officer has been in touch with the Securities and Exchange Commission and Justice Department about his findings, according to his lawyer.
In 2020, the SEC’s and DOJ’s Foreign Corrupt Practices Act units sent a request to Pfizer seeking documents related to its operations in China. The act prohibits payments or gifts to officials for the purpose of gaining a business advantage…”
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