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Jenkins v. Karuna Therapeutics, Inc. et al
Case Number:
1:24-cv-00197
Court:
Nature of Suit:
Judge:
Companies
Sectors & Industries:
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April 17, 2024
Karuna Investor Ends Suit After Bristol-Myers Seals $14B Deal
A Karuna Therapeutics shareholder has dropped her proposed class action after Bristol-Myers Squibb Co. completed its $14 billion purchase of the biotechology company, a deal the suit alleged was brought about by misrepresentations to investors to gain their support.
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February 14, 2024
Karuna Faces Investor Suit Over $14B Bristol Myers Buyout
A Karuna Therapeutics Inc. shareholder has filed suit against the Boston-based biotechnology company alleging a proxy statement related to a proposed $14 billion buyout deal between Karuna and Bristol Myers Squibb contained false and misleading information and omitted key facts.