Omnicare Dodges Investor Action Over Kickback Claims
U.S. District Judge William O. Bertelsman granted Omnicare’s motion to throw out the suit, which was filed by investors in a December 2005 public offering by the Covington, Ky.-based company, which provides drugs for the elderly.
The suit claimed Omnicare and four former top executives failed to tell investors about kickback arrangements in which Omnicare...
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