Legal Opinion

Galmi v. Teva Pharm. Indus. Ltd.

District Court, D. Connecticut

Decided July 11, 2017No. 3:17–cv–558 (SRU)PublishedCited by 16 opinions

1Opinion of the Court

Stefan R. Underhill, United States District Judge

Before me is a consolidated class action against Teva Pharmaceutical Industries Ltd. ("Teva") and three of its executives. The plaintiffs allege that the defendants made materially false and misleading statements that concealed the fact that Teva was engaged in violations of United States antitrust laws. When the falsity of such statements was revealed, Teva's stock price decreased and the plaintiffs suffered damages as a result. Currently pending are three motions for appointment as lead plaintiff, filed by (1) a group calling itself the "Teva…

2Cases cited15 opinions

  1. Dura Pharmaceuticals, Inc. v. BroudoSupreme Court of the United States · 2005
  2. In Re: Cendant Corporation LitigationCourt of Appeals for the Third Circuit · 1992
  3. In Re Flag Telecom Holdings Securities LitigationCourt of Appeals for the Second Circuit · 2009
  4. In Re Olsten Corp. Securities Litig.District Court, E.D. New York · 1998
  5. Varghese v. China Shenghuo Pharmaceutical Holdings, Inc.District Court, S.D. New York · 2008

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3Cited by16 opinions

  1. Tomaszewski v. Trevena, Inc.District Court, E.D. Pennsylvania · 2019
  2. Boston Retirement System v. Alexion Pharmaceuticals IncDistrict Court, D. Connecticut · 2023
  3. Caleb Cho, individually and on behalf of all others similarly situated v. Babcock & Wilcox Enterprises, Inc., et al.District Court, N.D. Ohio · 2026
  4. Chandler v. Ulta Beauty, Inc.District Court, N.D. Illinois · 2018
  5. City of Sterling Heights General Employees' Retirement System v. Citigroup Inc.District Court, S.D. New York · 2021

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