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New Jersey Building Laborers Pension Fund v. Ball et al
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1:11-cv-01153
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March 13, 2014
Allergan Exec Bonus Suit Should Be Axed, Judge Says
A Delaware magistrate judge urged the court on Thursday toss a shareholder derivative suit claiming Allergan Inc.'s directors gave investors misleading information about a proposed executive bonus plan, saying the pharmaceutical company's motion to dismiss should be granted on "demand futility" grounds.
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February 09, 2012
Ex-Allergan President Escapes Investor Suit Over Exec Pay
The former president of Allergan Inc. was dismissed Thursday from a shareholder derivative suit accusing the company's board of directors of issuing a misleading statement requesting approval of a defective executive compensation plan that cost the pharmaceutical company millions in tax benefits.
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November 23, 2011
Allergan Investors Sue Board Over Tax Tab For Exec Pay
Allergan Inc.'s board of directors was hit Monday with a shareholder derivative suit alleging it issued a misleading statement asking shareholders to approve a defective executive compensation plan that cost the pharmaceutical company millions in tax benefits.