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IN RE AKORN, INC. SECURITIES LITIGATION

15 C 1944.

240 F.Supp.3d 802 (2017)

IN RE AKORN, INC. SECURITIES LITIGATION.

United States District Court, N.D. Illinois, Eastern Division.

Signed March 6, 2017.

Editors Note
Applicable Law: 15 U.S.C. § 78m(a)
Cause: 15 U.S.C. § 78m(a) Securities Exchange Act
Nature of Suit: 850 Securities / Commodities
Source: PACER

Attorney(s) appearing for the Case

Solomon Yeung, Plaintiff, represented by Jeremy Alan Lieberman, Pomerantz LLP, pro hac vice.

Solomon Yeung, Plaintiff, represented by Joshua B. Silverman, Pomerantz LLP, Leigh Handelman Smollar, Pomerantz LLP, Louis Carey Ludwig, Pomerantz LLP & Patrick Vincent Dahlstrom, Pomerantz LLP.

Mikolaj Sarzynski, Plaintiff, represented by Casey E. Sadler, Glancy Prongay & Murray LLP, pro hac vice, Joshua L. Crowell, Glancy Prongay & Murray LLP, pro hac vice, Kevin Francis Ruf, Glancy Prongay & Murray LLP, Robert Vincent Prongay, Glancy Prongay & Murray LLP, pro hac vice, John Scott Monical, Lawrence, Kamin, Saunders & Uhlenhop, Mitchell Benjamin Goldberg, Lawrence, Kamin, Saunders & Uhlenhop & Peter E. Cooper, Lawrence, Kamin, Saunders & Uhlenhop.

Kenny Kinsey, Plaintiff, represented by Casey E. Sadler, Glancy Prongay & Murray LLP, pro hac vice, Joshua L. Crowell, Glancy Prongay & Murray LLP, pro hac vice, Kevin Francis Ruf, Glancy Prongay & Murray LLP, Robert Vincent Prongay, Glancy Prongay & Murray LLP, pro hac vice, John Scott Monical, Lawrence, Kamin, Saunders & Uhlenhop, Mitchell Benjamin Goldberg, Lawrence, Kamin, Saunders & Uhlenhop & Peter E. Cooper, Lawrence, Kamin, Saunders & Uhlenhop.

J. Michael Cuniff, Jr., Plaintiff, represented by Casey E. Sadler, Glancy Prongay & Murray LLP, pro hac vice, Joshua L. Crowell, Glancy Prongay & Murray LLP, pro hac vice, Kevin Francis Ruf, Glancy Prongay & Murray LLP, Robert Vincent Prongay, Glancy Prongay & Murray LLP, pro hac vice, John Scott Monical, Lawrence, Kamin, Saunders & Uhlenhop, Mitchell Benjamin Goldberg, Lawrence, Kamin, Saunders & Uhlenhop & Peter E. Cooper, Lawrence, Kamin, Saunders & Uhlenhop.

Elizabeth Cuniff, Plaintiff, represented by Casey E. Sadler, Glancy Prongay & Murray LLP, pro hac vice, Joshua L. Crowell, Glancy Prongay & Murray LLP, pro hac vice, Kevin Francis Ruf, Glancy Prongay & Murray LLP, Robert Vincent Prongay, Glancy Prongay & Murray LLP, pro hac vice, John Scott Monical, Lawrence, Kamin, Saunders & Uhlenhop, Mitchell Benjamin Goldberg, Lawrence, Kamin, Saunders & Uhlenhop & Peter E. Cooper, Lawrence, Kamin, Saunders & Uhlenhop.

Jonathan A. Golani, Plaintiff, represented by Joshua L. Crowell, Glancy Prongay & Murray LLP, pro hac vice & Robert Vincent Prongay, Glancy Prongay & Murray LLP.

Akorn, Inc., Defendant, represented by Antony L. Ryan, Cravath, Swaine and Moore LLP, pro hac vice, Alexa Mullarky, Glancy Prongay & Murray LLP, pro hac vice, Daniel Slifkin, Cravath, Swaine & Moore, LLP, pro hac vice, David M. Stuart, Cravath, Swaine & Moore Llp, pro hac vice, Devon McKechan Largio, Kirkland & Ellis LLP & Timothy A. Duffy, Kirkland & Ellis LLP.

Rajat Rai, Defendant, represented by Antony L. Ryan, Cravath, Swaine and Moore LLP, pro hac vice, Daniel Slifkin, Cravath, Swaine & Moore, LLP, pro hac vice, David M. Stuart, Cravath, Swaine & Moore Llp, pro hac vice, Devon McKechan Largio, Kirkland & Ellis LLP & Timothy A. Duffy, Kirkland & Ellis LLP.

Dick A. Timonthy, Defendant, represented by Antony L. Ryan, Cravath, Swaine and Moore LLP, pro hac vice, Daniel Slifkin, Cravath, Swaine & Moore, LLP, pro hac vice, David M. Stuart, Cravath, Swaine & Moore Llp, pro hac vice, Devon McKechan Largio, Kirkland & Ellis LLP & Timothy A. Duffy, Kirkland & Ellis LLP.

MEMORANDUM OPINION AND ORDER

Five individuals bring this suit against Akorn, Inc. and two of its officers, Rajat Rai and Timothy A. Dick, on behalf of themselves and a putative class of others who purchased Akorn stock between...

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