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WOLLMAN et al v. COLEMAN et al
Case Number:
3:11-cv-02511
Court:
Nature of Suit:
Multi Party Litigation:
Derivative Litigation
Judge:
Firms
Companies
Sectors & Industries:
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July 29, 2011
Judge Merges Shareholder Suits Over J&J FCPA Cases
A New Jersey federal judge on Friday merged a pair of shareholder suits claiming Johnson & Johnson and its board should be held liable for allegedly failing to prevent and respond to corruption and foreign bribery scandals among its subsidiaries.
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May 03, 2011
Investors Sue J&J Board Over $78M In Settlements
Johnson & Johnson shareholders filed a derivative suit Monday in New Jersey claiming the board of directors should be held liable for the $78 million the company paid to settle civil and criminal suits over Foreign Corrupt Practices Act violations and kickbacks for contracts in Iraq.