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Magellan Health Ducks Investor Suit Over AlphaCare Merger

Law360 (March 12, 2018, 7:11 PM EDT) -- A Brooklyn federal judge has shot down a suit seeking to block a merger between a subsidiary of Magellan Health Inc. and senior care company AlphaCare of New York, ruling that the case couldn't go forward without AlphaCare's involvement.

U.S. District Judge Dora L. Irizarry on Friday dismissed the suit brought by plaintiff Alpha Founders Holding LLC, a company representing AlphaCare's founders and minority investors, after finding that nonparty AlphaCare needed to be joined to the suit, but that its addition would create jurisdictional problems because it...
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Case Information

Case Title

Alpha Founders Holding, LLC v. Magellan Health, Inc.

Case Number



New York Eastern

Nature of Suit

Stockholders Suits


Dora Lizette Irizarry

Date Filed

October 25, 2017

Law Firms


Government Agencies

Judge Analytics

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