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Randall L. Stephenson

Novartis general counsel resigns over deal with Trump lawyer

Swiss pharmaceutical giant Novartis said Wednesday that its top lawyer is stepping down over a deal to hire U.S. President Donald Trump's personal lawyer, Michael Cohen, as a consultant.

The company said general counsel Felix Ehrat is retiring "in the context of discussions surrounding Novartis' former agreement with Essential Consultants, owned by Michael Cohen."

"Although the contract was legally in order, it was an error," Ehrat said in a statement, adding that he took "personal responsibility to bring the public debate on this matter to an end."

Company spokesman Eric Althoff said last week that Novartis had entered into a one-year...

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