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Monday, July 22, 2024 | Back issues
Courthouse News Service Courthouse News Service

Shareholder Class Action

Perrigo Co. negligently bought auction-rate securities from Lehman Brothers Holdings, which declared bankruptcy and left Perrigo holding $18 million of the illiquid assets when the market froze, shareholders claim in Manhattan Federal Court.

Oppenheimer Funds misrepresented the funds as conservative, retirement-style investments when they were actually high-risk investments that tanked with the economy, shareholders claim in Colorado Federal Court.

Intrepid Potash misled investors about the company's stability and reputation, including lying about the credentials of its CEO and president, shareholders allege in Colorado Federal Court.

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