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IN RE PAR PHARMACEUTICAL, INC. DERIVATIVE LITIGATION

No. 89 Civ. 5742 (RPP).

750 F.Supp. 641 (1990)

In re PAR PHARMACEUTICAL, INC. DERIVATIVE LITIGATION.

United States District Court, S.D. New York.

November 8, 1990.

Attorney(s) appearing for the Case

Kaufman Malchman Kaufman & Kirby by Roger W. Kirby, New York City, Greenfield & Chimicles, Haverford, Pa., Zwerling Schachter Zwerling, Law Offices of Joseph H. Weiss, New York City, for plaintiffs.

Solin & Breindel by Kenneth I. Schacter, New York City, for Par Pharmaceutical, Inc.

OPINION AND ORDER

ROBERT P. PATTERSON, Jr., District Judge.

This is a shareholder derivative action brought on behalf of Par Pharmaceutical, Inc. ("Par") against certain directors, officers and former officers of Par alleging violations of Sections 14 and 20 of the Securities Exchange Act of 1934, 15 U.S.C. § 78n and § 78t, and of the Racketeer Influenced and Corrupt Organizations Act ("RICO"), 18 U.S.C. §§ 1961-68, and alleging intentional...

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