Warner Chilcott Ltd. Case 04/30/2008

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Company Name(s): 
Warner Chilcott
Case Name: 
Warner Chilcott Ltd. Case 04/30/2008
Case Status: 
Lawsuit Filed
Case Status: 
Judgment Issued
Case Status: 
Settlement Proposed
Case Status: 
Settlement Approved
Affected Securities
NASDAQ: WCRX
Lawsuit Overview
Type of Lawsuit: 
Shareholder Class Action
Date Filed: 
11/01/2006
Class Period Begin: 
09/20/2006
Class Period End: 
09/26/2006
Court of Filing: 
U.S. District Court for the Southern District of New York
Date Settled: 
09/17/2008
Settlement Amount: 
$16,500,000
Deadline to Participate in Settlement: 
04/07/2009
AttachmentSize
Warner_Chilcott_Ltd._Notice.pdf647.39 KB
Warner_Chilcott_Ltd._Proof_of_Claim.pdf178.21 KB
Summary: 

Warner Chilcott Ltd. has reached a settlement over a securities class action and has agreed to pay $ 16.5 million. The plaintiffs alleged the company deliberately failed to disclose that it had pulled one of its top-earning drugs from shelves amid a federal antitrust investigation just days before its initial public offering.