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Eli Lilly and Company (LLY) To Appeal $450 Million Brazil Poisoning Fine



5/12/2014 8:01:15 AM

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Eli Lilly and Company, a global healthcare leader, announced that the 2nd Circuit of the Labor Court of Paulinia in the state of Sao Paulo, Brazil, has ruled against the company's local subsidiary, Eli Lilly do Brasil, in a labor case alleging some employees were exposed to hazardous materials in a manufacturing facility operated by the company between 1977 and 2003. The judge estimated the impact of its order to be approximately $450 million.

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