In Re: Cardinal Health, Inc. Derivative Litigation

  1. October 07, 2022

    Cardinal Health, Investors Get Final OK To $124M Deal

    An Ohio federal judge on Friday gave her final approval to a $124 million deal Cardinal Health Inc.'s directors and investors reached to settle a shareholder derivative suit alleging the directors failed to protect the health care services company from liability in the wake of the opioid crisis.

  2. May 26, 2022

    Cardinal Investors Reach $124M Settlement In Opioid Suit

    Directors of Cardinal Health Inc. and the company's investors have reached a $124 million settlement resolving claims of a shareholder derivative suit that the directors failed to protect the company from liability in the opioid crisis.

  3. February 08, 2021

    Claim Clipped From Cardinal Investors' Suit Over Opioids

    An Ohio federal judge on Monday cut in half an investors' suit alleging the directors of Cardinal Health Inc. failed to protect the company from liability in the opioid crisis, allowing claims that the directors turned a blind eye to red flags, but tossing out claims they overpaid themselves at the same time.

  4. September 24, 2019

    Cardinal Health Board Wants Opioid Derivative Suit Axed

    The board of directors of pharmaceutical distributor Cardinal Health Inc. has urged an Ohio federal judge to toss an activist shareholder's derivative suit related to the opioid crisis, saying it was similar to suits that have already been discarded in two Ohio courts, one federal and one state.

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!