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Louisiana Municipal Police Employees' Retirement System v. Hesse et al
Case Number:
1:12-cv-04017
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
Companies
Sectors & Industries:
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July 29, 2013
Sprint Investor's Suit Over $300M FCA Tax Case Gets Junked
A New York federal judge on Friday threw out a shareholder derivative suit blaming Sprint Nextel Corp. directors for an alleged tax-dodging scheme that led to a $300 million state False Claims Act suit against the company, finding the investor had not satisfied the demand futility requirement.
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April 23, 2013
Sprint Attacks Shareholder Suit Over $300M FCA Case
Sprint Nextel Corp. on Tuesday asked a New York federal judge to toss a derivative action that blames its directors for an alleged tax-dodging scheme that led to a $300 million False Claims Act suit against the company.