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Cephalon, Inc. Investor Files Lawsuit To Support The Takeover Attempt By Valeant Pharmaceuticals Intl

  • If you purchased shares of Cephalon, Inc. (NASDAQ:CEPH) prior to the announcement and currently hold those NASDAQ:CEPH) shares, you have certain options and you should contact the Shareholders Foundation, Inc.

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Lawsuit Overview

An investor in Cephalon, Inc. (NASDAQ:CEPH) filed a lawsuit in effort to force the board of directors of Cephalon Inc. to engage with Valeant Pharmaceuticals Intl, Inc. to take over Cephalon, Inc. According to the complaint the plaintiff alleges the defendants breached their fiduciary duty by failing to put even a minimum effort to evaluate the offer or engage in negotiations to maxi...



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