Shareholder Suits Over Genoptix Sale Consolidated

Law360, New York (April 7, 2011, 4:44 PM EDT) -- A California federal judge on Wednesday consolidated two investor class actions against laboratory services company Genoptix Inc., which Novartis AG agreed to buy for $470 million in January, and appointed Robbins Geller Rudman & Dowd LLP as lead counsel.

In addition, the City of Ann Arbor Employees’ Retirement System will serve as lead plaintiff, ordered Judge John A. Houston of the U.S. District Court for the Southern District of California. The appointments and consolidation were unopposed.

Shepherd Finkelman Miller & Shah LLP initially vied to lead...
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Case Information

Case Title

Construction Workers Pension Trust Fund v. Genoptix, Inc et al


Case Number

3:10-cv-02502

Court

California Southern

Nature of Suit

Securities/Commodities

Judge

Cathy Ann Bencivengo

Date Filed

December 6, 2010


Case Title

Broderius v. Genoptix, Inc. et al


Case Number

3:10-cv-02626

Court

California Southern

Nature of Suit

Securities/Commodities

Judge

Cathy Ann Bencivengo

Date Filed

December 19, 2010

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