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Fen-phen's spiral

From an October Forbes article: "You're to be forgiven if you thought the fen-phen crisis was over. Two years after it first emerged in 1997, Wyeth officials told investors it would cost a maximum of $4.75 billion to fix. As of the second quarter of [last] year the company had reserved $16.6 billion for the problem. Thanks to guys like [Houston attorney George] Fleming, it's a safe bet the costs will climb further." For more on fen-phen litigation, see Overlawyered, Aug. 28, 2004 and links from there.



Rafael Mangual
Project Manager,
Legal Policy

Manhattan Institute


Published by the Manhattan Institute

The Manhattan Insitute's Center for Legal Policy.