Procter & Gamble Co. - Conference Presentation Calls

The Wall Street Journal reported on November 17, 2009 that, S. C. Johnson & Son, Inc. has emerged as a bidder for Sara Lee Corp.'s air freshener operations. Reuters added that S.C. Johnson and Sara Lee declined to comment. Sara Lee had previously mandated Goldman Sachs to run an auction for its household-care business, which includes Kiwi shoe polish and insecticides. Sources had previously told Reuters that, Procter & Gamble Co. has already eyed the air freshener business, but does not want the other parts of the unit. The Wall Street report added that S. C. Johnson may be interested in the entire unit, which could be worth more than $700 million. A deal for the unit could still be weeks away, Wall Street said.

Parker Waichman Alonso LLP announces that they have filed a lawsuit against GlaxoSmithKline plc and Procter & Gamble Co. on behalf of an Nebraska woman who was diagnosed with neuropathy attributed to the use of Super PoliGrip(R) and Fixodent(R) denture adhesive creams. According to complaint, Jennifer J. Cornett, 61, received dentures approximately 9 years ago, and has used Super PoliGrip(R) and Fixodent(R). Ms. Cornett stopped using the denture adhesive creams after she was diagnosed with neuropathy attributed to excess zinc and copper depletion attributable to Super PoliGrip(R) and Fixodent(R). Her lawsuit alleges that Ms. Cornett now suffers from profound and permanent neurological injuries, which have left her unable to perform her normal, customary, and daily activities. The lawsuit maintains that Super PoliGrip(R) and Fixodent(R) contain a form of zinc, which is bonded to an unknown formulation. A small amount of zinc is necessary for a balanced diet. However, being exposed to an excessive amount of zinc can result in copper depletion and serious negative adverse neurological effects. In August 2008, the peer reviewed journal 'Neurology' reported on four patients suffering from neuropathy and other neurological symptoms typical of zinc poisoning and copper depletion. It was determined that excess use of denture cream could have been responsible for their symptoms. The complaint further alleges that the defendants failed to warn about their products' risks and failed to provide adequate warnings about the zinc in Super PoliGrip(R) and Fixodent(R), or adequate instructions to prevent deviation from accepted use. According to the lawsuit, had the defendants properly disclosed the risks associated with Super PoliGrip(R) and Fixodent(R), Ms. Cornett would never have used the products. Ms. Cornett's lawsuit names GlaxoSmithKline, the maker of Super PoliGrip(R), and Procter and Gamble Manufacturing Corp., the maker of Fixodent(R), as well as their subsidiaries, as defendants. This lawsuit is the latest of many filed by Parker Waichman Alonso LLP on behalf of the victims of zinc-containing denture adhesive creams. Ms. Cornett's lawsuit, along with dozens of others filed before it, has been consolidated for centralized and coordinated pre-trial proceedings in the Denture Cream Products Liability Litigation in the United States District Court for the Southern District of Florida, Miami Division, before the Honorable Judge Cecilia Altonaga (MDL No. 2051). Andres F. Alonso Esq., a partner with Parker Waichman Alonso LLP, was appointed Co-Lead Counsel to the Plaintiffs' Steering Committee in the litigation by Judge Altonaga in an order filed on July 13, 2009. On October 22, 2009, Mr. Alonso attended the most recent case management conference in the Denture Cream Products Liability Litigation.