In re Pfizer Inc. Sec. Litig.: S.D.N.Y. Reiterates Importance of "Gatekeeping" Function Applicable to Expert Testimony under Federal Rule of Evidence 702
On May 21, 2014, in In re Pfizer Inc. Sec. Litig., Judge Laura Taylor Swain of the United States District Court for the Southern District of New York excluded the expert testimony of Professor Daniel R. Fischel regarding loss causation and damages, as unreliable and unhelpful.