March 21, 2019
A Kentucky federal court granted preliminary approval on Thursday to a settlement in which Omnicare Inc. agreed to pay $20 million to resolve a 13-year-old securities suit that at one point made its way to the U.S. Supreme Court.
March 11, 2016
A proposed class action against Omnicare Inc. that was at the heart of last year's U.S. Supreme Court decision can't survive the heightened pleading standards imposed by the court, the health care company said in its latest push to dump the decade-old securities suit over alleged drugmaker kickbacks it failed to disclose.
February 14, 2012
Omnicare Inc. on Monday won the dismissal of a proposed class action in Kentucky federal court claiming the drug provider artificially inflated its stock price by concealing an alleged kickback scheme.
February 03, 2006
Omnicare Inc., a leading provider of pharmaceutical care for the elderly, has been hit with a securities fraud class action suit filed by Lerach Coughlin Stoia Geller Rudman & Robbins LLP, claiming that the company artificially inflated its earnings by engaging in improper generic drug substitution.