Starboard has accused Pfizer of “coercive conduct” after executives who initially backed the hedge fund retracted their support.

Hedge fund Starboard Value's latest activist campaign targeting Pfizer (NYSE:PFE) has boosted the company's shares in recent days even as Wall Street remains divided over its prospects. Early this week,

The ongoing corporate battle between Pfizer and activist investment firm Starboard Value escalated on Thursday when Starboard pushed Pfizers board to investigate alleged coercive actions. This follows the