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Masih v. Perrigo Company PLC et al

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Case overview

Case Number:

1:19-cv-00070

Court:

New York Southern

Nature of Suit:

Securities/Commodities

Multi Party Litigation:

Class Action

Judge:

Denise L. Cote

Firms

Companies

Sectors & Industries:

  1. July 08, 2022

    Top 5 International Tax Cases Of 2022: Midyear Report

    Significant international tax rulings during the first half of 2022 invalidated IRS regulations for skipping the public comment requirement while showing little leniency for those accused of tax crimes. Meanwhile, courts in Germany upheld and imposed jail sentences for Warburg banking executives enmeshed in the dividend-stripping practice known as cum-ex. Here, Law360 examines the notable international tax rulings in the first half of 2022.

  2. February 18, 2022

    Perrigo Investors' Attys Score $11.5M From Tax Bill Settlement

    A New York federal judge awarded $11.5 million in fees and expenses Friday to attorneys who secured a nearly $32 million settlement in litigation that alleged drug manufacturer Perrigo hid a nearly $2 billion tax liability from investors.

  3. January 13, 2022

    Attys Want $12M After Perrigo Tax Bill Settlement

    Attorneys representing a pair of pension funds in a $31.9 million securities fraud settlement with drugmaker Perrigo asked a New York federal court for $12 million in fees and expenses, saying it's warranted given the litigation's extraordinary demands.

  4. October 05, 2021

    Perrigo To Pay $31.9M To Settle Tax Suit With Fla. Groups

    Two Florida-based pension funds leading a class action accusing drugmaker Perrigo of concealing a €1.6 billion ($1.86 billion) tax bill asked a New York federal court to approve a $31.9 million settlement they reached with the company.

  5. August 24, 2021

    Judge Won't Rethink Ruling Perrigo Hid $1.9B Irish Tax Bill

    A New York federal judge won't revisit a decision finding that drugmaker Perrigo misled investors by failing to disclose a €1.6 billion ($1.9 billion) Irish tax bill in a financial filing, the judge said Tuesday.

  6. August 10, 2021

    Court Urged To Stand By Ruling Perrigo Hid $2B Irish Tax Bill

    Investors asked a New York federal court to stick to its decision finding Perrigo misled investors by failing to disclose a nearly $2 billion Irish tax bill, contending the drugmaker's reconsideration request is a "desperate effort to avoid trial."

  7. July 27, 2021

    Judge Urged To Rethink Ruling Perrigo Hid $1.9B Irish Tax Bill

    Perrigo asked a New York federal court to reconsider finding that the drugmaker misled investors by failing to disclose a €1.6 billion ($1.9 billion) Irish tax bill, saying its actions were justified by Ireland's overstatement of the liability.

  8. July 16, 2021

    Perrigo's Investor Form In $1.9B Tax Row Ruled Misleading

    Drugmaker Perrigo Co. failed to disclose a €1.6 billion ($1.9 billion) Irish tax bill to investors, which amounts to a material omission under securities law and renders its financial filing misleading, a New York federal judge ruled.

  9. July 14, 2021

    Perrigo, Investors Must Go To Trial Over Co.'s $1.9B Tax Bill

    What caused Perrigo Co.'s value to collapse in 2018 is a factual issue that must be determined at trial, a federal court said in rejecting dueling motions for a judgment brought by the pharmaceutical giant and disgruntled investors.

  10. April 09, 2021

    Perrigo Execs Ask Out Of Investor Lawsuit Over $1.9B Tax Bill

    Two executives should be dismissed from a lawsuit against pharmaceutical company Perrigo alleging it hid a €1.6 billion ($1.9 billion) tax bill because there is no evidence of their wrongdoing, they told a New York federal court.

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