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ALCAREZ v. AKORN, INC.

Nos. 18-2220, 18-2221, 18-2225, 18-3307, 19-2401, and 19-2408.

JORGE ALCAREZ, et al., as representatives of a class, Plaintiffs-Appellees, v. AKORN, INC., et al., Defendants-Appellees. Appeals of THEODORE H. FRANK, SHAUN A. HOUSE, and DEMETRIOS PULLOS.

United States Court of Appeals, Seventh Circuit.

April 14, 2020.

Decided April 15, 2024.

Six suits, filed under the federal securities laws, present questions about "mootness fees" in federal litigation. Akorn, Inc., asked its investors to approve a merger (valued at more than $4 billion) with Fresenius Kabi AG. Plaintiffs assert that the proxy statement (82 pages long, with 144 pages of exhibits) should...

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