Starboard Accuses Pfizer of Extortion
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Pfizer CEO Albert BourlaCNBC
•Pfizer threatened to sue renegade executives prior to activist schism, Starboard's Smith says
73% Informative
Activist Starboard Value accused Pfizer of threatening litigation against two renegade former executives.
Former CEO Ian Read and ex-CFO Frank D'Amelio broke away from the activist's campaign late Wednesday night and publicly backed Pfizer CEO Albert Bourla .
Starboard 's Jeff Smith called on the company to assemble a special committee to investigate the matter.
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