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Mylan Beats Most Claims In Investor Suit Over W.Va. Plant

Law 360 M&A

MAY 19, 2023

A Pennsylvania federal judge cut down a proposed stockholder class action against pharmaceutical company Mylan NV that alleges it artificially increased its stock price by manipulating quality control tests at a West Virginia plant, ruling that several of the alleged misrepresentations included in the complaint are not actionable.

Mylan Execs Were Unaware Of W.Va. Plant Issues, Court Told

Law 360 M&A

MARCH 14, 2023

Former executives at Mylan NV didn't have personal knowledge of quality control or regulatory issues at a West Virginia pharmaceutical plant, nor did they have a duty to tell investors all the details when the U.S. Food and Drug Administration stepped in, counsel for the company told a Pennsylvania federal judge Tuesday.

Mylan Beats Most Claims In Investor Suit Over W.Va. Plant

Mylan Execs Were Unaware Of W.Va. Plant Issues, Court Told

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