May 18, 2017
A putative class of Johnson Controls Inc. shareholders told a Wisconsin federal court Thursday that there is undeniable proof that they weren't warned of being shortchanged by more than $5 billion when the company attempted to dodge tax liabilities related to its merger with Tyco International PLC.
April 04, 2017
Johnson Controls Inc. asked a Wisconsin federal judge Monday to toss a suit by a putative class of shareholders who claim the company bamboozled them into shouldering tax costs related to the company’s $16.6 billion merger with Tyco International PLC, saying the shareholders have failed to state a claim.
January 26, 2017
A Wisconsin federal judge on Wednesday rejected a request for preliminary injunction to force Johnson Controls Inc. to cover any inversion-related tax burden incurred by shareholders from its $16.6 billion merger with Tyco International PLC, finding a tax liability does not constitute irreparable harm.
September 30, 2016
A proposed class of Johnson Controls shareholders asked a Wisconsin federal judge Friday to force the company to assume any inversion-related taxes arising from its $16.6 billion merger with Tyco, arguing that the deal foists what should be the company's tax burden on common shareholders.
August 17, 2016
Shareholders for Johnson Controls and Tyco International PLC approved their $16.6 billion corporate inversion Wednesday, the day after a putative class of shareholders objected with a federal suit over the terms of the deal.