Pfizer Employee, Friend Indicted, Sued For Trading On Paxlovid Insider Information

(June 30, 2023, 1:19 PM EDT) -- NEW YORK — An employee of drugmaker Pfizer Inc. and his friend were indicted and sued for securities fraud on June 29 for allegedly using inside information about Pfizer’s Paxlovid COVID-19 treatment to profit off a stock bump after the drug’s approval was publicly announced....