Perrigo Shareholder Lawsuits Claim Joining Mylan Was A Better Idea

Two complaints seeking compensation for Perrigo shareholders and four motions seeking lead plaintiff designations in the litigation have been filed in US district court. Both target Perrigo's fundamental argument against Mylan's takeover bid in 2015, that the company would be stronger continuing on its own.

Perrigo Co. PLC's campaign to repel Mylan NV's hostile takeover in 2015 left shareholders holding the bag with the OTC private label giant in worse shape than it would be as part of Mylan, according to lawsuits seeking class-action certification.

Two complaints seeking compensation for Perrigo shareholders and four motions proposing certain shareholders as lead plaintiff in the litigation have...

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