AbbVie Investors Want Records On Testosterone Marketing
Law360 (February 26, 2019, 8:49 PM EST) -- Two AbbVie shareholders filed a complaint in Delaware Chancery Court on Monday seeking an inspection of the pharmaceutical company’s records to investigate whether it undertook an off-label marketing scheme for its testosterone treatment gel in a way that harmed patients and wronged investors.
In the complaint, investors Gregg Davis and Katherine Kay said they want access to corporate books and records based on their belief that AbbVie Inc. directors may have breached their fiduciary duties based on an alleged illegal marketing scheme that sought to widen the scope of ailments that could be treated by the company’s AndroGel therapy, even though...
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