Shaun House v. Akorn, Inc., et al

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Case overview

Case Number:

19-2408

Court:

Appellate - 7th Circuit

Nature of Suit:

4160 Stockholders Suits

Companies

Sectors & Industries:

  1. July 12, 2024

    Biggest Illinois Decisions Of 2024: A Midyear Report

    State and federal courts have handed down rulings so far this year that limited the reach of a federal bribery law commonly used to prosecute Illinois corruption, laid out a framework to challenge so-called mootness fees and clarified the scope of Illinois defamation and antitrust law. Here's a look at some of the biggest Illinois decisions in the first half of 2024.

  2. April 15, 2024

    Years After Args, 7th Circ. Continues Mootness Fee Attack

    A Seventh Circuit panel said Monday that a Chicago federal judge improperly barred a class action objector from intervening in a suit involving controversial "mootness fees" the appellate court has long criticized, saying he failed to articulate a valid legal reason for doing so.

  3. April 14, 2020

    7th Circ. Weighs 'Mootness Fees' In Akorn Merger Row

    Plaintiffs' attorneys told the Seventh Circuit on Tuesday a district judge attempted "to rewrite the federal rules on the fly" when he forced them to disgorge fees they won after securing disclosures that mooted their investor clients' claims in three suits over Akorn Inc.'s planned merger with Fresenius Kabi.

  4. October 22, 2019

    'Mootness Fees' Are Beyond Court's Purview, 7th Circ. Hears

    In what appears to be a first, plaintiffs attorneys are asking a federal appellate court to allow a controversial practice in which they file merger objections that result in a few extra disclosures for investors and privately negotiated "mootness fees" for the lawyers, which they say are out of the lower courts' reach.