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Will Pfizer stock price drop by more than 10% by August 31, 2024, due to Kansas lawsuit?
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Kansas AG Kris Kobach Sues Pfizer Over COVID-19 Vaccine Safety and Effectiveness Claims
Jun 18, 2024, 02:56 AM
The state of Kansas has filed a lawsuit against pharmaceutical giant Pfizer, alleging the company misrepresented the safety and efficacy of its COVID-19 vaccine. Kansas Attorney General Kris Kobach claims that Pfizer made multiple misleading statements about the vaccine, including its safety for pregnant women and the risk of myocarditis. The lawsuit asserts that Pfizer marketed the vaccine as safe despite knowing it was linked to serious adverse events. The state alleges that Pfizer violated the Kansas Consumer Protection Act by hiding risks and making false claims about the vaccine's effectiveness. This legal action is part of a broader scrutiny of COVID-19 vaccine manufacturers.
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