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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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