Investors Sue AbbVie Over $1.6B Fee, Say More Loss Looms
By Jack Newsham ( April 7, 2017, 3:57 PM EDT) -- Investors in AbbVie Inc. sued the pharamceutical company's directors in Illinois federal court Thursday in a bid to recover the $1.6 billion breakup free the firm paid Shire PLC after new tax rules scuttled their merger, saying a class action over the same issue that recently survived dismissal puts the company at risk for even more losses....
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