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Page 1 of 6 (113 Items)
12
Jan
2017

Faruqi Firm Files Antitrust Case Over ADHD Medication

On January 11, 2017, Faruqi & Faruqi, LLP filed a federal antitrust class action case against brand and generic manufacturers of ADHD drug, Intuniv.  The complaint alleges that the companies, Shire and Actavis, violated the antitrust laws by entering into an anticompetitive agreement that delayed generic competition for Intuniv. ... READ MORE

9
Jan
2017

Faruqi & Faruqi files slack-fill case against Nestle’ U.S.A., Inc.

On January 3, 2017, Faruqi & Faruqi, LLP filed a federal consumer class action case against Nestle’ U.S.A., Inc. for allegedly under-filling its opaque theater box Raisinets products to the detriment of unsuspecting consumers. The case was filed in the United States District Court for the Central District of... READ MORE

6
Jan
2017

Faruqi & Faruqi files cases against generic drug manufacturers

On December 27 & 28, 2016, Faruqi & Faruqi, LLP filed several cases against generic drug manufacturers for allegedly conspiring to raise the prices of generic divalproex ER, desonide, pravastatin, econazole, fluocinonide, levothyroxine, propranolol, and clobetasol. The firm represents classes of direct purchasers of the generic drugs and is... READ MORE

16
Dec
2016

Faruqi & Faruqi, LLP announces preliminary approval of settlement in In re Dynavax Technologies Corporation Securities Litigation

Faruqi & Faruqi LLP is pleased to announce that the Court has preliminarily approved a settlement in In re Dynavax Technologies Corp. Sec. Litig., Case No: 3:13-CV-02796-CRB.  The settlement provides for a cash payment of $4.5 million in exchange for plaintiffs’ release of all claims alleged in the action. ... READ MORE

2
Nov
2016

Faruqi & Faruqi, co-Lead Counsel, Obtains a Significant Victory on Behalf of Investors Against Comverge Inc.’s Former Board of Directors

On October 31, 2016, the Honorable Tamika Montgomery-Reeves, Vice Chancellor of the Delaware Court of Chancery, denied a motion for summary judgment filed by the former board of directors (the “Board”) of Comverge Inc. (“Comverge”).  In denying summary judgment, the Court found that there were material facts in dispute... READ MORE

13
Oct
2016

Faruqi & Faruqi, Lead Counsel, Obtains Final Approval of $3,000,000 Common Fund in In re Mavenir Systems, Inc. Stockholders Litigation

On October 12, 2016, the Honorable Tamika Montgomery-Reeves, Vice Chancellor of the Delaware Court of Chancery, granted final approval of the proposed settlement in In re Mavenir Systems, Inc. Stockholders Litigation, C.A. No. 10757-VCMR.  Faruqi & Faruqi, as lead counsel (“Lead Plaintiff”), obtained significant benefits to stockholders discussed below.... READ MORE

28
Sep
2016

Faruqi & Faruqi Challenges Conflicted Merge Healthcare, Inc., Transaction

On September 27, 2016, Faruqi & Faruqi, LLP (“Faruqi”) presented a significant motion to dismiss argument before Vice Chancellor Glasscock in a case challenging IBM’s $1 billion acquisition of Merge Healthcare Inc. (“Merge”).  Derrick Farrell, a partner at Faruqi, argued that the transaction was mired with conflicts and meant... READ MORE

21
Sep
2016

Court Grants Final Approval of Settlement in Chelsea Therapeutics International, Ltd. Securities Litigation

The Honorable Max O. Cogburn, Jr., United States District Judge for the Western District of North Carolina entered final approval of the settlement reached in McIntyre v. Chelsea Therapeutics International, Ltd., et al., No. 3:12-CV-00213-MOC-DCK (W.D.N.C.) for which Faruqi & Faruqi, LLP served as sole Lead Counsel on behalf... READ MORE

20
Sep
2016

Faruqi & Faruqi, LLP Obtains Significant Victory On Behalf Of Investors Against ACADIA Pharmaceuticals Inc.

On September 19, 2016, United States District Judge Barry Ted Moskowitz denied a motion to dismiss filed by ACADIA Pharmaceuticals Inc. (“ACADIA”), former Chief Executive Officer (“CEO”) Uli Hacksell, current President and CEO Stephen R. Davis, and former Chief Medical Officer and Executive Vice President, Development Roger G. Mills... READ MORE

19
Aug
2016

We are proud to announce the appointment of Timothy J. Peter to partner. Mr. Peter will head up the firm's Consumer Protection Litigation Department.

Timothy Peter joined Faruqi & Faruqi in 2015. Prior to joining Faruqi & Faruqi, Mr. Peter was an associate at Cohen Placittella & Roth, P.C. where he was involved in such high profile litigation as: In re Vioxx Products Liability Litigation ($8.25 million recovery for the Commonwealth of Pennsylvania)... READ MORE

13
Jun
2016

Faruqi & Faruqi, LLP announces appointment as co-lead counsel and preliminary approval of settlement in In re Boulder Brands, Inc. Stockholder Litigation

Faruqi & Faruqi LLP is pleased to announce its appointment as co-lead counsel and preliminary approval of a settlement in In re Boulder Brands, Inc. Stockholder Litigation, Lead Case No: 2015-CV-01349 (consolidated with Case No. 2015-CV-31474). The settlement involves supplemental disclosures in SEC filed documents in connection with the... READ MORE

1
Jun
2016

Faruqi & Faruqi, LLP Announces Preliminary Court Approval of Settlement in McIntyre v. Chelsea Therapeutics International, Ltd., et al.

Faruqi & Faruqi LLP is pleased to announce the Court’s preliminary approval of a settlement in MacIntyre v. Chelsea Therapeutics International, Ltd., et al., Case No. 3:12-CV-213-MOC-DCK (W.D.N.C.).  The settlement provides for $5,500,000 in cash to be paid to class members who purchased or otherwise acquired Chelsea common stock... READ MORE

13
May
2016

Court Appoints Faruqi & Faruqi, LLP Lead Counsel in Securities Class Action Against Xoma Corporation.

On May 13, 2016, District Court Judge Haywood S. Gilliam, Jr. of the United States District Court for the Northern District of California appointed Faruqi & Faruqi, LLP to serve as Lead Counsel in Markette v. Xoma Corporation, et al., Case No. 15-cv-03425-HSG. For further inquiries... READ MORE

12
May
2016

Court Appoints Faruqi & Faruqi, LLP Lead Counsel in Securities Class Action Against Primero Mining Corp

On May 12, 2016, District Court Judge Beverly Reid O’Connell of the United States District Court for the Central District of California appointed Faruqi & Faruqi, LLP to serve as Lead Counsel in Loftus v. Primero Mining Corp., Case No. 16-01034-BRO (RAOx). For further inquiries regarding... READ MORE

10
May
2016

Faruqi & Faruqi again is awarded certification for having met WBENC’s standards as a Women’s Business Enterprise.

National Women’s Business Enterprise Council again awards Faruqi & Faruqi certification for having met WBENC’s standards as a Women’s Business Enterprise (WBE). http://www.wbenc.org... READ MORE

9
Mar
2016

Faruqi & Faruqi Obtains Significant Victory in In re Lihua International, Inc. Shareholder Derivative Action On Behalf Of Lihua International, Inc. And Its Shareholders

United States District Judge Ronnie Abrams denied, in part, a motion to dismiss filed by Lihua International, Inc., and former and/or current officers and/or directors Robert C. Bruce, Daphne Yan Huang, Siu Ki Lau, Jonathan P. Serbin, Tianbao Wang, and Ming Zhang, March 9, 2016.  The Court sustained counts... READ MORE

29
Feb
2016
23
Feb
2016

Faruqi & Faruqi wins appeal in First Circuit, In re LoEstrin 24 FE Antitrust Litigation.

The United States Court of Appeals for the First Circuit reversed the grant of a motion to dismiss a complaint alleging a violation of the Sherman Act arising from a reverse payment agreement in a pharmaceutical patent litigation, In re LoEstrin 24 FE Antitrust Litigation.  The First Circuit held... READ MORE

5
Feb
2016

F&F are proud Platinum Sponsors of “McGill Women In Leadership Students’ Association (MWIL)".

Faruqi & Faruqi are proud Platinum Sponsors of “McGill Women In Leadership Students’ Association (MWIL)".        ... READ MORE

1
Feb
2016

Court Grants Final Approval To Settlement In FAB Universal Corp. Securities Litigation

The Honorable Robert W. Sweet, United States District Judge for the Southern District of New York entered final approval to the settlement reached in FAB Universal Corp. Securities Litigation, wherein F&F served as Co-Lead Counsel on behalf of the Class.  The Order can be accessed through the link below.... READ MORE

Page 1 of 6 (113 Items)