Perrigo Investors Push For Class Action Over Irish Tax Audit

Law360 (July 13, 2020, 7:26 PM EDT) -- Two Florida public service pension funds are qualified to lead an investor class action accusing drugmaker Perrigo of harming investors by waiting to tell them about a nearly $2 billion tax charge, the funds' attorneys told a federal court.

The dispute meets all the requirements to certify it as a class action, attorneys for the funds, benefiting Boca Raton government employees and Palm Bay police, said in a memorandum filed Friday. The action would combine thousands of potential lawsuits with similar claims and ascertainable damages into a single proceeding led by a firm "highly experienced" in securities litigation, they said....

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