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TEVA.US
id: 268, Created by Stan Vick Chase, Scout
Teva Pharma Industries Ltd ADR
Settled
06 February 2014
Class period Start10 May 2019
Class period End17 May 2022
Claim deadlineIN RE TEVA SECURITIES LITIGATION
"The Action alleges that Defendants made material misstatements and omissions regarding the sources of Teva’s financial performance, generic drug pricing, collusion, and other matters. Defendants deny any wrongdoing or liability. The parties disagree on liability and damages. Class Representatives wish to avoid the risk and delay of further litigation and secure a substantial benefit for the Settlement Class. Defendants wish to avoid the cost and distraction of further litigation."
Alleged Offence
Other
Suspected Party
Other
Security Type
Depository Securities (ADS, ADR, GDR)
Trade Direction
Long
Lead plaintiff
Ontario Teachers’ Pension Plan Board,Anchorage Police & Fire Retirement System
Attorney
Bleichmar Fonti & Auld LLP
Court
District of Connecticut
Judge
Hon. Stefan R. Underhill
Administrator
EPIQ
Court hearing date
02 June 2022
+$420,000,000
Total Settlement Amount