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Wyeth appeals class-action order in Prempro lawsuit

...wants a court to reverse a decision consolidating lawsuits by Florida women who are demanding company-paid monitoring for complications linked to the hormone-replacement drug Miami-Dade Circuit Judge Lawrence Schwartz approved the class action last month covering an estimated 300,000 Floridians who took Wyeth decided to appeal before a 30-day stay of his order expired.

The lawsuit was one of the first to be filed after the 2002 release of the critical Women's Health Initiative study and is the first nationally to get class-action clearance among about 20 lawsuits seeking it.

The study, cut short because of its startling findings, concluded Medical researchers concluded the following year that hormone replacement pills should not be taken for any reason other than as brief treatment to help women through the worst...

Wyeth Prempro Users Can Sue as a Group

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...Judge Lawrence Schwartz in Miami ruled last month that the women may band together in the lawsuit that seeks to receive court-supervised medical monitoring for future injuries due to the drug, according to court records.

In 2002, researchers linked the drug to increased risks of heart disease and stroke.

"Florida recognizes the right of a class to the equitable relief of medical monitoring, despite the absence of any present physical injury," Schwartz said in court papers Feb.

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Doug Petkus, a spokesman for Madison, N.J.-based Wyeth, said he couldn't comment on pending litigation.Florida goes to court today against a company it says caused the state employee pension fund a $313 million loss by investing in plunging Enron stock.

The five-count lawsuit, filed three years ago in Circuit Court in Tallahassee, alleges gross negligence by Alliance Capital Management and accuses it of breaching its contract, among other charges.

It seeks the $313 million plus interest.

Florida's retirement fund was one of the largest losers to Enron.

For example, Georgia's retirement fund lost $127 million in Enron investments; Arizona lost $35 million.

The state's pension plan includes 225,000 retirees and 650,000 active employees, which includes school teachers in the public system.CreditBuyers increased their borrowing on credit cards, auto loans and other types of consumer debt at an annual rate of 6.6 percent in January, the fastest pace in three months, th...

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