Silverman v. Baxter International Inc. et al

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Case overview

Case Number:

1:19-cv-07786

Court:

Illinois Northern

Nature of Suit:

850(Securities/Commodities)

Multi Party Litigation:

Class Action

Judge:

Honorable Sara L. Ellis

Firms

Companies

Sectors & Industries:

  1. August 10, 2021

    $16M Deal Over Baxter Forex Controls Gets Final OK

    An Illinois federal judge gave her final blessing Tuesday to a $16 million deal between Baxter International and a class of investors who claimed the medical product maker misled them about its foreign exchange transaction controls.            

  2. February 26, 2021

    Baxter Settles Investor Suit Over Forex Accounting Controls

    Baxter International and investors who claimed they were misled about the company's foreign exchange transaction controls told an Illinois federal judge Thursday that they have resolved their dispute and asked her to briefly pause the suit as they prepare settlement documents.

  3. January 12, 2021

    Baxter Dodges Investor Suit Over Forex Accounting, For Now

    An Illinois federal judge on Tuesday tossed a proposed securities class action against Baxter International, finding investors had failed to demonstrate that they were intentionally misled by the medical product maker and its executives.

  4. August 25, 2020

    Baxter Wants Investor Suit Over Forex Accounting Tossed

    Medical product maker Baxter International asked an Illinois federal judge Monday to toss a proposed securities class action that alleges the company misled investors when it claimed to maintain effective controls over its foreign exchange transactions.

  5. November 25, 2019

    Baxter Hit With Stock Drop Suit Over Forex Accounting

    A proposed class of investors sued medical product maker Baxter International on Monday in Illinois federal court, blaming the company for a stock-price drop that followed the announcement of an internal investigation into its foreign exchange accounting.