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LEHIGH COUNTY EMPLOYEES' RETIREMENT SYSTEM v. NOVO NORDISK A/S et al
Case Number:
2:17-cv-00209
Court:
Nature of Suit:
Firms
Sectors & Industries:
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July 25, 2018
Novo Nordisk Says Execs Didn't Hide Insulin Sales Woes
Danish insulin maker Novo Nordisk A/S on Wednesday urged a New Jersey federal judge to dismiss a proposed class action accusing it of misleading investors about its financial sustainability amid U.S. market pressures, arguing that the suing investors haven't pointed to any specific misrepresentations knowingly made by company executives.
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January 11, 2017
Novo Nordisk Accused Of Fixing Prices To Hide Sales Slump
A Pennsylvania retirement fund accused Novo Nordisk A/S of hiding increasingly poor financial results from investors in part by colluding with its competitors to raise prices, according to a proposed class action filed in New Jersey federal court Wednesday.