March 10, 2025
An Illinois federal judge signaled Tuesday that he was open to sanctions including a mandatory violation disclosure against plaintiffs' counsel as he continues navigating a challenge to so-called mootness fees paid to settle and dismiss allegedly baseless Akorn Inc. merger disclosure suits.
June 24, 2019
An Illinois federal judge canceled disclosure-only settlements Monday that would have resolved three suits against pharmaceutical company Akorn Inc. and its board of directors over the company's acquisition by competitor Fresenius Kabi AG, ordering the investors' counsel to return more than $320,000 in attorney fees.