Legal Opinion
Louisiana Municipal Police Employees' Retirement System v. Pyott
Court of Chancery of Delaware
Decided June 11, 2012No. C.A. No. 5795-VCLPublishedCited by 58 opinions
1Opinion of the Court
OPINION
LASTER, Vice Chancellor.
On September 1, 2010, Allergan, Inc. entered into a settlement with the United States Department of Justice pursuant to which Allergan pled guilty to criminal misdemeanor misbranding and paid a total of $600 million in civil and criminal fines. Various specialized plaintiffs’ law firms quickly filed derivative actions in both this Court and in the United States District Court for the Central District of California (the “California Federal Court”).
Litigation proceeded in both courts. The California Federal Court initially dismissed a consolidated complaint…
2Cases cited78 opinions
- Cort v. AshSupreme Court of the United States · 1975
- Kamen v. Kemper Financial Services, Inc.Supreme Court of the United States · 1991
- Aronson v. LewisSupreme Court of Delaware · 1984
- Buckman Co. v. Plaintiffs' Legal CommitteeSupreme Court of the United States · 2001
- Brehm v. EisnerSupreme Court of Delaware · 2000
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3Cited by58 opinions
- John Cottrell v. Michael DukeCourt of Appeals for the Eighth Circuit · 2013
- South ex rel. Hecla Mining Co. v. BakerCourt of Chancery of Delaware · 2012
- Louisiana Municipal Police Employees' Retirement System v. WynnCourt of Appeals for the Ninth Circuit · 2016
- Pyott v. Louisiana Municipal Police Employees' Retirement SystemSupreme Court of Delaware · 2013
- Willa Rosenbloom v. David PyottCourt of Appeals for the Ninth Circuit · 2014
53 more not listed; retrieve them via the Exa API.