Case Page

 

Case Status:    ONGOING    
On or around 12/16/2014 (Ongoing date of last review)

Filing Date: December 18, 2013

According to the Complaint, it is alleged that throughout the Class Period, Defendants made false and/or misleading statements, as well as failed to disclose material adverse facts about the Company's business and operations. Specifically, Defendants made false and/or misleading statements and/or failed to disclose that there was significant internal discord between the Board and Teva' s senior management during the Class Period (and in particular, significant differences between the Chairman of the Board and the CEO) concerning execution of the Company's strategies, including implementation of the critical Cost Cutting Program. As a result of the foregoing, the Company's stock traded at artificially inflated prices during the Class Period.

On July 8, 2014, an amended complaint was filed.

On July 16, 2014, the Court issued an Order appointing lead plaintiff and approving lead counsel.

COMPANY INFORMATION:

Sector: Healthcare
Industry: Major Drugs
Headquarters: Israel

SECURITIES INFORMATION:

Ticker Symbol: TEVA
Company Market: New York SE
Market Status: Public (Listed)

About the Company & Securities Data


"Company" information provides the industry and sector classification and headquarters state for the primary company-defendant in the litigation. In general, "Securities" information provides the ticker symbol, market, and market status for the underlying securities at issue in the litigation.

In most cases, the primary company-defendant actually issued the securities that are the subject of the litigation, and the securities information and company information relate to the same entity. In a small subset of cases, however, the primary company-defendant is not the issuer (for example, cases against third party brokers/dealers), and the securities information and company information do not relate to the same entity.
COURT: S.D. New York
DOCKET #: 13-CV-08963
JUDGE: Hon. Daniels
DATE FILED: 12/18/2013
CLASS PERIOD START: 01/01/2012
CLASS PERIOD END: 10/29/2013
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. Rigrodsky & Long, P.A. (Garden City)
    585 Stewart Avenue, Suite 304, Rigrodsky & Long, P.A. (Garden City), NY 11530
    (516) 683-3516 ·
  2. Wohl & Fruchter LLP
    570 Lexington Avenue, 16th Floor, Wohl & Fruchter LLP, NY 10022
    212.758.4000 212.758.4000 ·
No Document Title Filing Date
COURT: S.D. New York
DOCKET #: 13-CV-08963
JUDGE: Hon. Daniels
DATE FILED: 07/08/2014
CLASS PERIOD START: 08/01/2013
CLASS PERIOD END: 10/29/2013
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. Rigrodsky & Long, P.A. (Garden City)
    585 Stewart Avenue, Suite 304, Rigrodsky & Long, P.A. (Garden City), NY 11530
    (516) 683-3516 ·
No Document Title Filing Date