Evanston Police Pension Fund v. McKesson Corporation et al

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Case overview

Case Number:

3:18-cv-06525

Court:

California Northern

Nature of Suit:

Securities/Commodities

Multi Party Litigation:

Class Action

Judge:

Charles R. Breyer

Firms

Companies

Sectors & Industries:

  1. July 14, 2023

    McKesson Investor Attys Get $35M For $141M Price Fix Deal

    Robbins Geller Rudman & Dowd LLP attorneys who represent a class of McKesson investors will receive $35 million in fees from a $141 million settlement for their work on litigation alleging the company made false assertions concerning a drug price-fixing scheme, according to an order issued in California federal court on Friday.

  2. November 04, 2022

    McKesson OKs $141M Investor Deal Over Generic Price-Fixing

    McKesson will pay shareholders $141 million to resolve class action claims in federal court in California over its allegedly false assertions about generic drug prices that plaintiffs traced to a generic-drug price-fixing conspiracy, according to an investor filing.

  3. October 21, 2021

    McKesson Nears Win On Some Securities Fraud Claims

    A California federal judge appeared inclined Thursday to grant McKesson summary judgment on some securities fraud claims over its alleged participation in a generic drug price-fixing scheme, asking repeatedly what difference it would make to shareholders if they knew McKesson's artificial prices were caused by anti-competitive conduct and not inflation.

  4. October 30, 2019

    McKesson Can't Ditch Generic Drug Price-Fixing Fraud Suit

    McKesson Corp. must face securities fraud claims over its alleged participation in an industry-wide generic drug price-fixing scheme, a California federal court ruled Wednesday, denying the drug wholesaler's bid to escape the suit.

  5. October 18, 2019

    McKesson Faces Uphill Fight To Toss Investor Price-Fix Suit

    A California federal judge appeared skeptical Friday of McKesson Corp.'s bid to toss investors' claims that they were misled as part of its alleged participation in an industry-wide conspiracy to drive up generic drug prices, saying the proposed class had adequately stated that the drug company's alleged lies caused them harm.

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