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Louisiana Sheriffs Pension & Relief Fund v. Cardinal Health, Inc. et al
Case Number:
2:19-cv-03347
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
Companies
Sectors & Industries:
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September 13, 2023
Cardinal Health, Investors Get Final OK For $109M Settlement
Health care industry supplier Cardinal Health Inc. and certain of its investors got final approval Wednesday for their $109 million deal to end claims that Cardinal acquired a Johnson & Johnson unit without disclosing inventory and supply chain issues its acquisition target faced.
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April 03, 2023
Cardinal Health Cuts $109M Deal In Suit Over J&J Unit Buy
Cardinal Health has agreed to shell out $109 million to resolve investors' claims that it failed to disclose inventory and supply chain issues plaguing a Johnson & Johnson unit before Cardinal acquired it, according to a proposed settlement filed Monday in Ohio federal court.