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Legal Mag > Blog > Litigation > Pharma Board Faces Shareholder Class Action for Opioid Settlements
Litigation

Pharma Board Faces Shareholder Class Action for Opioid Settlements

Press Room
Press Room 2 months ago
Updated 2023/04/15 at 10:41 AM
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Members of Mallinckrodt PLC’s board of directors are facing a putative class action alleging they defrauded investors during the pharmaceutical company’s bankruptcy proceedings.

Plaintiff Darrel Edelman, represented by Haviland Hughes, filed the suit on behalf of himself and a proposed class of “potentially thousands” of other Mallinckrodt investors who opted out of individual releases offered during Mallinckrodt’s Chapter 11 bankruptcy.

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