These few scientists did not just choose a stable approach that later turned out to be wrong: they doubled-down, tripled-down on a shakey guess for decades and suppressed voices to the contrary. The seemingly credentialed, respected, and authoritative experts of Alzheimer's sabotaged the science around a hot-button problem for their own personal gain, while society suffered the consequences.
This antipattern can be seen as a kind of "academic rent-seeking" or "false-expertise". It can also be called "collusion" given that an organized group of people semi-intentionally marginalized their opposition at the outset, and at great cost to the broader public.
Edit: I've changed it back because readers are divided on this.
Wikipedia defines collusion as "a secret cooperation or deceitful agreement in order to deceive others, although not necessarily illegal".
I think you make a good point about this title. In a case like this it's best to break the tie with the original title, so I've changed it back above.
Better = more accurate and neutral, using representative language from the article.