BALTIMORE, Feb. 14, 2005 (PRIMEZONE) -- Law Offices Of Charles J. Piven, P.A. today announced that a class action for violations of the Employee Retirement Income Security Act of 1974 ("ERISA") was commenced in the United States District Court for the District of New Jersey on behalf of employees and former employees of Pfizer, Inc. (NYSE:PFE) ("Pfizer" or the "Company") who maintained investments in Pfizer stock in their individual accounts under the Pfizer Savings Plan and the Pfizer Savings Plan for Employees Resident in Puerto Rico and certain predecessor plans involving Warner Lambert and other entities ("Plans"), at any time from January 1, 2000 to December 20, 2004. Defendants include Pfizer, the Savings Plan Committee and the fiduciaries of the Plan, including various officers and directors of Pfizer.
No class has yet been certified in the above action. Until a class is certified, you are not represented by counsel unless you retain one. To be a member of the proposed class you need not take any action at this time, and you may retain counsel of your choice.
If you acquired shares of Pfizer in any of the Plans during the period from January 1, 2000 to December 20, 2004 and want to discuss your legal rights, you may e-mail or call Law Offices Of Charles J. Piven, P.A. who will, without obligation or cost to you, attempt to answer your questions. Charles J. Piven has been involved in class action litigation for approximately 20 years. You may contact Law Offices Of Charles J. Piven, P.A. at The World Trade Center-Baltimore, 401 East Pratt Street, Suite 2525, Baltimore, Maryland 21202, by email at piven@pivenlaw.com or by calling 410/332-0030.
More information on this and other class actions can be found on the Class Action Newsline at www.primezone.com/ca.