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UTESCH v. LANNETT COMPANY, INC.

CIVIL ACTION NO. 16-5932.

385 F.Supp.3d 408 (2019)

John UTESCH, Plaintiff, v. LANNETT COMPANY, INC., Arthur P. Bedrosian and Martin P. Galvan, Defendants.

United States District Court, E.D. Pennsylvania.

Signed May 15, 2019.

Editors Note
Applicable Law: 15 U.S.C. § 77
Cause: 15 U.S.C. § 77 Securities Fraud
Nature of Suit: 850 Other Statutes: Securities / Commodities
Source: PACER

Attorney(s) appearing for the Case

Francine Friedman Griesing, Griesing Law LLC, Philadelphia, PA, Jacob A. Goldberg, The Rosen Law Firm, Jenkintown, PA, Tamar A. Weinrib, Pomerantz LLP, New York, NY, David M. Promisloff, Promisloff Law, P.C., Michael J. Hynes, Hynes Keller & Hernandez, Malvern, PA, for Plaintiff.

Ian M. Comisky, Matthew David Lee, Nathan Huddell, Fox Rothschild LLP, Philadelphia, PA, for Defendants.

OPINION

This putative class action concerns statements made by pharmaceutical firm Lannett Company and two of its top executives, Arthur P. Bedrosian and Martin P. Galvan (collectively "Defendants"), which allegedly misled investors about the state of the market for Defendants'...

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