Stockholders Sue AmerisourceBergen In Del. Over Opioids

By Leslie Pappas (January 5, 2022, 7:34 PM EST) -- AmerisourceBergen Corp. shareholders sued 10 of the company's executives and board members in Delaware's Court of Chancery on Wednesday, alleging that they took a "devil may care" attitude toward the illegal distribution and growing abuse of highly addictive opioid painkillers.

The board's repeated failures to respond to "undeniable evidence of widespread illegal opioid sales" led AmerisourceBergen to pay almost $7 billion in fines and settlements and has "meaningfully exacerbated the opioid epidemic that continues to plague the United States," two pension funds purported in a 154-page derivative complaint.

"The Board knew that regulators and prosecutors were looking to hold distributors accountable...

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