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In re ELAN CORPORATION SECURITIES LITIGATION
Case Number:
1:08-cv-08761
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
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August 10, 2011
Elan Beats Investor Fraud Claims Over Drug Prospects
A New York federal judge on Tuesday tossed two class actions alleging that Elan Corp. PLC misled investors about the prospects for two of its drugs, one a possible treatment for Alzheimer's disease.
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March 21, 2011
Morrison Ruling Doesn't Bar Elan ADR Suit: Judge
A New York federal judge ruled Friday to preserve a putative shareholder class action involving Elan Corp. American Depository Receipts purchased on American stock exchanges, despite the U.S. Supreme Court's narrowing of foreign-based securities suits in its Morrison v. Australian National Bank decision.