Akorn, Incorporated
Business: Pharma & Medical Devices | Pharmaceutical Companies
Recent News About Akorn, Incorporated
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Judge: Lawyers must refund $320K fees from shareholder settlement vs Akorn; A 'racket'
A federal judge has ordered a group of lawyers to return more than $300,000 in fees they received under a settlement of a shareholder lawsuit they brought against drug manufacturer Akorn, as the judge said the lawsuit amounted to little more than another example of the “racket” of “worthless” shareholder class actions. -
Lawyers to seek $8M of proposed $24M settlement of shareholder suit vs drugmaker Akorn
From a lawsuit against suburban-based drugmaker Akorn, a settlement has grown in Chicago federal court, which could hand $8 million to lawyers for pursuing the class action suit against Akorn Pharmaceuticals, alleging the company misled investors. -
Shareholder suit alleges Akorn, Fresenius merger benefits leadership, doesn't do enough for investors
A group of investors wants a court to keep German pharmaceutical firm Fresenius from buying Illinois drug maker Akorn, saying shareholders won’t get enough from the deal, which is valued at more than $4 billion.