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Israni v. Solomon et al
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1:11-cv-04805
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August 10, 2012
Forest Labs To Alter Governance To Settle Derivative Suits
Forest Laboratories Inc. will make changes to its corporate governance to settle three shareholder derivative suits accusing the company's board of protecting its CEO over the interests of shareholders after the company shelled out $313 million to settle off-label marketing claims.
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January 25, 2012
Forest Labs Derivative Suit Belongs In Federal Court: Atty
A Forest Laboratories Inc. attorney told a New York state judge on Tuesday that a shareholder derivative lawsuit over federal regulators' aborted attempt to force out the company's CEO and a proxy fight with Carl Icahn belongs with another suit in federal court.