Johnson & Johnson's Sudafed PE Sinus Pressure + Pain. (Credit: Image from court documents) Attorneys File Flurry of Cases Following FDA Advisory Panel Finding on Decongestants
"These are some heavy hitters when it comes to total sales," said William "Bert" McBride, a shareholder at Trenam.
September 14, 2023 at 02:30 PM
4 minute read
Johnson & Johnson and Procter & Gamble were among the companies hit with a flurry of class action lawsuits in New York, Florida and Louisiana federal courts over their sale of over-the-counter decongestants, following a finding by an FDA advisory panel that phenylephrine, an ingredient in many allergy and cold medicines, is ineffective as a nasal decongestant.
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Michael G. Bongiorno, Andrew Scott Dulberg and Elizabeth E. Driscoll from Wilmer Cutler Pickering Hale and Dorr have stepped in to represent Symbotic Inc., an A.I.-enabled technology platform that focuses on increasing supply chain efficiency, and other defendants in a pending shareholder derivative lawsuit. The case, filed Oct. 2 in Massachusetts District Court by the Brown Law Firm on behalf of Stephen Austen, accuses certain officers and directors of misleading investors in regard to Symbotic's potential for margin growth by failing to disclose that the company was not equipped to timely deploy its systems or manage expenses through project delays. The case, assigned to U.S. District Judge Nathaniel M. Gorton, is 1:24-cv-12522, Austen v. Cohen et al.
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