Psagot Mutual Funds, Ltd. et al v. Teva Pharmaceutical Industries Ltd. et al

  1. January 08, 2024

    Teva, Israeli Investors End Investor Suit Over Opioid Scandal

    Teva and a group of institutional investors told a Connecticut federal court on Monday that they've agreed to end the shareholders' litigation seeking damages over the pharmaceutical giant's role in America's opioid epidemic, which resulted in a $4.25 billion settlement to resolve thousands of lawsuits against the company.

  2. September 15, 2023

    Teva Faces Massive Investor Suit Over Opioid Scandal Fallout

    Teva Pharmaceutical Industries Ltd. has been hit with a suit in Connecticut federal court from several Israeli institutional investors alleging the company's role in facilitating the United States' opioid epidemic damaged shareholders once its criminal liability was revealed, which has since led to a $4.25 billion settlement to resolve thousands of cases against the company.