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HUNTER v. ELANCO ANIMAL HEALTH INCORPORATED et al
Case Number:
1:20-cv-01460
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
Companies
Sectors & Industries:
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August 18, 2022
Elanco Judge Says Jurists 'Are Not Pigs, Hunting For Truffles'
An Indiana federal judge has dismissed, for now, an Elanco Animal Health investor's securities suit alleging the company engaged in "channel-stuffing" and hid anticipated revenue drops due to inventory backlogs, saying the plaintiff didn't clearly lay out misleading statements and warning, "'Judges are not pigs, hunting for truffles buried in briefs.'"
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January 14, 2021
Elanco Wants Out Of Investors' 'Channel-Stuffing' Suit
Animal supply company Elanco Animal Health asked an Indiana federal judge Wednesday to toss a "meritless" investor suit that alleges the company hid anticipated revenue drops due to undisclosed inventory backlogs.
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July 21, 2020
Elanco Investor Taps Glancy Prongay To Lead Class Dispute
An investor suing animal supply company Elanco Animal Health Inc. for allegedly hiding anticipated revenue drops due to inventory backlogs asked an Indiana federal judge Monday to name Glancy Prongay & Murray LLP lead counsel for the proposed class.
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May 21, 2020
Investor Says Elanco Hid Inventory Woes In COVID-19 Bulletin
An investor in Indiana-based Elanco Animal Health Inc. filed suit against the company Wednesday alleging it warned that the COVID-19 pandemic could cause revenue declines but said nothing of inventory backlogs caused by a distributor consolidation.